Investment Land for Sale, Morogoro Mjini (1.5 Acres)

Investment Land for Sale, Morogoro Mjini (1.5 Acres) - 1
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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 94%

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Residential Land
Title
Residential Licence
Address
Morogoro Mjini
Facilities
Car Parking, Electric Supply, Rain Water Drainge, Water Supply
Listing by
Owner
Access Road
Unpaved Road
Property Use
Residential
Square meters
5,986 sqm
Type of Purchase
Outright Price
Development Status
Partially Developed

Investment Land for Sale, Morogoro Mjini (1.5 Acres) Highlights

  • Prime Location in Morogoro Mjini: Residential land in Morogoro Mjini offers a strategic location within the city, providing convenient access to urban amenities and services. This area is often sought after for its blend of accessibility and potential for development.
  • Generous Plot Size: A plot of this size is suitable for building a substantial family home or multiple units, offering ample space for gardens, outdoor living, and future expansion. It provides flexibility for various residential development plans.
  • Established Utilities: Properties in developed areas typically benefit from essential utilities such as electricity and water supply. Reliable access to these services is crucial for comfortable living and property value.
  • Potential for Development: Partially developed land indicates that some infrastructure may already be in place, potentially reducing initial development costs. This offers a good starting point for constructing a new residence or improving existing structures.
  • Residential Zoning: Land zoned for residential use is designated for housing, ensuring a neighborhood environment. This type of zoning typically restricts commercial activities, contributing to a more peaceful living atmosphere.

Description

• Prime 5986 sqm (1.5 acres) plot in Pangawe, Morogoro Mjini, ideal for industrial investment, farming, or storage facilities. • Located in a developing area with potential for significant returns on investment. • Partially developed with existing infrastructure, offering a head start for construction. • Access via an unpaved road, with ongoing improvements expected in the region. • Utilities including water supply, electric supply, and rain water drainage are available at the plot boundary. • Residential Licence title deed available, suitable for various development projects. • Offers ample space for large-scale operations or multiple building structures.

Compare

Investment Land for Sale, Morogoro Mjini (1.5 Acres)This item
Investment Land for Sale, Morogoro Mjini (1.5 Acres)
TSh 85,000,000
Surveyed Plot for Sale at Bunju A
Surveyed Plot for Sale at Bunju A
TSh 71,470,000
4000 Sqm Land for Sale in Bunju A Mji Mpya
4000 Sqm Land for Sale in Bunju A Mji Mpya
TSh 65,000,000
TypeResidential LandMixed-use LandMixed-use Land
FacilitiesCar Parking, Electric Supply, Rain Water Drainge, Water SupplyElectric Supply, Water SupplyCar Parking, Electric Supply, Gas Supply, Water Supply
TitleResidential LicenceCertificate of OccupancyGovernment Lease
AddressMorogoro MjiniBunju ABUNJU A MJI MPYA
Listing byOwnerAgentAgent
Access RoadUnpaved RoadUnpaved RoadPaved Road
Property UseResidentialMixedMixed
Square meters5,986 sqm1,021 sqm4,000 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially DevelopedPartially DevelopedFully Developed
PriceTSh 85,000,000TSh 71,470,000TSh 65,000,000

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