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Land in Kangundo Rd
Kiraiku
#1 Posted : Monday, February 27, 2012 10:01:15 AM
Rank: Hello


Joined: 2/16/2012
Posts: 5
Guys,i need your honest opinion on the future of investing in real estate along Kangundo Rd.Somebody is offering me 2 acres,some 3.5 KMs off the road near KBC.

What are the chances that this place will be like Rongai or Kitengela in the next 15 Years?
Thanks lord for being merciful
#2 Posted : Monday, February 27, 2012 3:51:02 PM
Rank: Hello


Joined: 2/21/2012
Posts: 8
I would give it 5 years and not 15..How much is the land going for per acre?If price is right, go for it. I would think that within 5 or six years, you will reap beautifully.

Why am I saying this? I bought some 3 (50x100) plots some three years ago directly opposite the KBC station and touching the barabara for 85k, and forgot about them. Was there recently and same is going for 350k. I think that is not bad.

Just for Information, a 40x80 some 2.5 kilometres at KBC, off Kangundo road ARE GOING FOR ABOUT 120K.

aLL THE BEST.
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