Prime vacant parcel of land located in the heart of Utawala Estate measuring 80ftx40ft for lease.
Below is the general info:
The plot is located approximately 2KM from the Eastern Bypass and only50M off Tarmac. Offered for lease for a period of 15years. Monthly rent payable is with rent escalation every five years depending on the prevailing market. The 1st year’s rent is paid in advance and subsequent years either monthly or quarterly. The client is given six months grace period at the end of year one.
To construct on the property only permanent and lease the said structures to clients at the client's absolute discretion. Currently the area has high demand for bedsitters and one bedrooms which ranges betweenThe units covers the current demographic which comprises of middle low income earners. The said parcel can accommodate approximately 14 units of One bedroom and 17 units bedsitters and at least seven parking slots
Prime commercial property for leasing in Westlands touching Brookside Drive perfectly ideal for both commercial and residential use.
The plot is approximately 1 Acre with a dilapidated 5 bedroom Bungalow that can be renovated upon concession.
Strategically placed for a car showroom, Supermarket, Hospitality business ventures.