Plot · 200 Acres For sale, 8m ksh per acre Athi River

About this property

200 acres of land for sale in Athi River priced at KSh 8 million per acre (negotiable). The property is marketed for residential development and can be purchased in subdivided portions. Property Description & Key Details • Location & Access. Situated in Athi River, approximately 6 km from Mombasa Road and 28 km from the Nairobi Central Business District (CBD). • Terrain. Aerial photography shows flat, open grassland bordered by an access road, making it straightforward to clear and subdivide. • Available Sizes. Buyers can acquire blocks in 7, 16, 20, 24, 28, 37, or 57-acre portions (totaling 189 acres currently listed in blocks out of the 200-acre parcel). • Pricing Breakdown. At the asking rate of KSh 8M per acre, the smallest 7-acre block starts at KSh 56 million, while the largest 57-acre block is KSh 456 million before negotiation. • Authorized Agents. Listed by Magan Real Estate Future Importance & Investment Potential • Nairobi Metropolitan Expansion. As Nairobi's urban core becomes congested and expensive, residential demand continues to push outward along the Mombasa Road corridor into Machakos County. • Infrastructure Connectivity. Proximity to Mombasa Road, the Nairobi Expressway, and the SGR terminus reduces commute times to Nairobi, driving long-term demand for commuter housing. • Master-Planned Development Scale. Large contiguous blocks (such as 20 to 57 acres) are increasingly rare near Nairobi. These sizes are ideal for gated communities, controlled residential estates, schools, or mixed-use developments. • Capital Appreciation & Subdivision. Investors buying multi-acre blocks at KSh 8M per acre have room to add value through basic infrastructure (grading roads, connecting water and power) and subdividing into standard 1/8-acre (50x100 ft) residential plots for retail sale.

Details

Type

Plot

Offer

For sale

Size

4,046 m²

Area

Athi River

Town

Machakos

Price

USD 62,500.00

Reference

L-0078