Description:

This prime 50x100 ft corner plot in Utawala is a golden investment opportunity strategically located behind Astrol Petrol Station and Utawala Shopping Centre. Just 100 meters from the tarmac road, the plot offers seamless access and high visibility in one of Nairobi’s fastest-growing residential and commercial hubs. Surrounded by thriving apartments and a bustling community, the area guarantees strong rental demand, making it ideal for developers targeting reliable cash flow. The plot’s unmatched potential lies in its ability to host a mixed-use development or high-density residential apartments. With Nairobi County approving constructions of up to 16 floors, investors can maximize returns by building modern studios, 1-bedroom, or 2-bedroom units—all in high demand here. Current rentals in the area fetch Ksh 15,000+ for bedsitters, Ksh 20,000+ for 1-bedroom units, and Ksh 30,000+ for 2-bedroom apartments, promising steady income for savvy developers. As a corner plot, it offers added advantages: flexible design options for parking, retail spaces, or amenities, plus enhanced visibility to attract tenants and customers.

3

3 Sqft