460sqm Plot for Sale in Ilala Bungoni

460sqm Plot for Sale in Ilala Bungoni - 1
1 / 5

Price Analysis Above Market

Based on 11 similar listings

Similar items: TSh 2M - TSh 28M

Negotiation Tips

Price is significantly above market

Suggested offer: TSh 5.5M

Potential discount up to 100%

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Residential Land
Address
Ilala Bungoni
Property Use
Residential
Square meters
460 sqm
Type of Purchase
Outright Price

460sqm Plot for Sale in Ilala Bungoni Highlights

  • Residential Land Type: This plot is designated for residential use, making it suitable for building a home. It offers the potential for creating a personalized living space.
  • Generous Plot Size: A 460 square meter plot provides ample space for construction and outdoor amenities. This size allows for a comfortable home with a yard or garden.
  • Established Neighborhood: Plots in Ilala Bungoni are often situated in developing or established residential areas. Buyers can expect a community setting with potential for local amenities.
  • Outright Purchase Option: This property is available for an outright purchase, meaning you can own it fully without ongoing lease payments. This offers clear ownership and investment potential.
  • Potential for Utilities: Residential plots typically have access to or the potential for connection to essential utilities like water and electricity. Proximity to existing infrastructure is common.

Description

• 460 sqm titled residential plot with commercial development potential. • Located directly on the main road in Ilala Bungoni, a rapidly growing area. • Ideal for constructing a 6-10 floor apartment block due to high foot traffic and demand. • Existing small, old house on the property is suitable for demolition. • Offers excellent accessibility to public transport and amenities. • Clean title deed available for transfer.

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TypeResidential LandResidential LandFarmland
AddressIlala BungoniMbezi beachNjombe
Property UseResidentialResidentialMixed
Square meters460 sqm2,509 sqm84,000 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
PriceTSh 1,600,000,000TSh 1,900,000,000TSh 1,700,000,000