Prime Development Land for Sale Donholm, Near Greenspan Mall
Location: Donholm, Nairobi
Size: 60x30 ft
Price: KSh 15,000,000
This is a rare opportunity to acquire a prime parcel of land in one of Nairobis most rapidly developing neighborhoods. Located just minutes away from the bustling Greenspan Mall, this 60x30 ft plot in Donholm is perfectly suited for the development of modern, middle-income rental apartments. Its proximity to major infrastructure, services, and a high-demand rental market makes it an ideal investment for developers looking to tap into Nairobis growing housing needs.
Key Features:
Prime Location: Situated a short walk from Greenspan Mall, the land benefits from excellent access to essential amenities including retail outlets, banks, restaurants, schools, hospitals, and recreational facilities.
Fully Serviced Plot: The land has immediate access to mains electricity, clean piped water, and a functional sewerage system, significantly reducing preliminary development costs.
High-Density Zoning: Zoned for high-density residential use, the plot is approved by the county government for construction of multi-storey apartments, making it suitable for maximizing rental income.
Excellent Accessibility: The plot is easily accessible via well-maintained tarmac roads and is served by multiple public transport routes. Nairobis Central Business District is approximately 20 minutes away under normal traffic conditions.
Secure and Vibrant Neighborhood: Donholm is a secure and vibrant area with a strong sense of community. It has become a popular destination for working professionals and young families looking for affordable yet quality housing options.
Development Potential:
With a growing demand for affordable and conveniently located housing in Nairobi, this parcel presents a lucrative opportunity for developers. The surrounding area is home to several successful multi-unit apartment blocks, all of which enjoy high occupancy rates and steady rental yields. With the right design and pricing strategy, a development on this plot could attract long-term tenants and deliver significant returns on investment.
Legal Status:
The property comes with a clean leasehold title, with all documentation available and ready for immediate transfer.
Dont miss out on this strategic investment opportunity in a high-demand area of Nairobi. Perfect for investors seeking long-term rental income and capital appreciation.