Investment Land Plot at Makumbusho (800 sqm)

Investment Land Plot at Makumbusho (800 sqm) - 1
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Price Analysis Above Market

Based on 5 similar listings

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Commercial Land
Address
Makumbusho bus stop
Agent Fee
TSh 70,000,000
Legal Fee
TSh 750,000,000
Facilities
Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Survey Fee
TSh 50,000
Property Use
Mixed
Square meters
800 sqm
Service Charge
true
Development Fee
TSh 70,000,000
Type of Purchase
Outright Price

Investment Land Plot at Makumbusho (800 sqm) Highlights

  • Prime Location in Makumbusho: Makumbusho is a well-established area known for its accessibility and commercial activity. Properties here benefit from proximity to transport hubs and existing infrastructure.
  • Versatile Commercial Land: Commercial land is zoned for business operations, offering flexibility for various ventures. This type of property is ideal for businesses looking to establish a physical presence.
  • Generous Plot Size: A substantial plot size provides ample space for development and expansion. This allows for a variety of building designs and operational needs.
  • Essential Utility Connections: Properties in developed areas typically have access to vital utilities. This includes reliable water supply, electricity, and sewage systems necessary for operation.
  • Mixed-Use Development Potential: Mixed-use properties can accommodate both commercial and residential functions. This offers diverse income streams and caters to a wider range of needs.

Description

• 800 square meter plot located near Makumbusho bus stop, directly accessible from the tarmac road. • Ideal for commercial development such as a lodge, hostel, or office space, benefiting from high traffic and visibility. • The surrounding environment is conducive for business operations and potential residential use. • Utilities available include electric supply, water supply, domestic sewage, and gas supply. • Features include car parking, rain water drainage, and a service charge is applicable. • The property is zoned for mixed-use development. • Outright purchase is available for this plot. • Survey fee: TZS 50,000; Development fee: TZS 70,000,000; Agent fee: TZS 70,000,000; Legal fee: TZS 750,000,000.

Compare

Investment Land Plot at Makumbusho (800 sqm)This item
Investment Land Plot at Makumbusho (800 sqm)
TSh 700,000,000
Commercial Land with House 30,000 Sqm - Ukonga Mkolemba
Commercial Land with House 30,000 Sqm - Ukonga Mkolemba
TSh 500,000,000
Pangani Beachfront Land for Sale (6 Acres)
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TSh 850,000,000
TypeCommercial LandCommercial LandCommercial Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water SupplyElectric Supply, Rain Water Drainage, Domestic Sewage, Water Supply, Gas Supply, Car ParkingCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
AddressMakumbusho bus stop—Pangani mjini
Agent FeeTSh 70,000,000TSh 50,000,000TSh 30,000
Legal FeeTSh 750,000,000——
Listing byAgent—Agent
Survey FeeTSh 50,000TSh 50,000—
Property UseMixedCommercialCommercial
Square meters800 sqm—20,339 sqm
Service ChargetrueYestrue
Development FeeTSh 70,000,000——
Type of PurchaseOutright Price—Outright Price
PriceTSh 700,000,000TSh 500,000,000TSh 850,000,000