About
This magnificent property sits directly off the Embu/Meru highway, near the Embu University, and directly opposite the Eagle One complex. The land slopes gently and has a river frontage of over 300 meters on the Kapingazi River.
It is a short 2.5kms from the CBD and within the municipality. It is fully serviced with 3-phase electricity and water supply. It has a clear title and approved change of user; Commercial.
A very unique location
This family land has been held in the same hands for over 60 years, as a former coffee plantation. In that time, it has come to occupy a very strategic position because of all the developments around it. Directly adjacent is the Eagle One light industry complex – land purchased from the same owners two
(2) years ago. The other immediate neighbours are all public institutions, leaving this as the only privately held land off the main road between this location and the CBD. These include the KARI (Kenya Agricultural Research Institute) land, adjoining the expansive and fast growing Embu University
The other neighbouring public institutions include the prestigious Kangaru High School, the Government School of Training, KARO (Kenya Agricultural Research Organisation) which is in turn adjacent to the timeless Izaak Walton Inn – a significant Embu landmark.
See the illustration below for a visual layout of the property’s location.
For discerning investors, this hidden gem presents an incredible opportunity to acquire a valuable asset with great development potential. Given that the surrounding land usage is public, it is unlikely to ever change in character. This lends itself very well to a variety of possible uses from residential to more ambitious projects. These might include, but not limited to; a Shopping Mall, Hotel, Hospital, Learning Institution,Gated Community etc. The ‘change of user’ certification designates it as ‘Commercial’.
This is definitely an opportunity that will not last very long. Interested buyers should get in touch immediately with a firm offer, as this is an imminent sale.