Premium Investment Land in Arusha-Mateves (Near AFCON Stadium)

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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
MATEVES NEAR AFCON CITY
Listing by
Agent
Property Use
Commercial
Square meters
28,000 sqm
Type of Purchase
Outright Price

Premium Investment Land in Arusha-Mateves (Near AFCON Stadium) Highlights

  • Prime Commercial Location: This plot is situated in a developing area with potential for commercial growth. Its location offers accessibility for businesses and customers.
  • Generous Land Size: With 28,000 square meters, this plot provides ample space for a variety of commercial developments. It allows for significant building and operational footprints.
  • Versatile Property Use: Designed for commercial purposes, this land is suitable for a wide range of business ventures. Potential uses include retail, offices, or mixed-use developments.
  • Outright Purchase Option: The property is available for outright purchase, offering a straightforward transaction for investors. This allows for immediate ownership and development planning.
  • Infrastructure Potential: Areas like Mateves are often undergoing infrastructure development. Buyers should verify current and planned access to utilities such as water, electricity, and road networks.

Description

• Prime 7-acre property strategically located in Mateves, Arusha, ideal for tourism, hospitality, or luxury residential development. • Fully secured 7-acre plot with chain-link fencing and a main gate. • Existing structures include a small cattle ranch, livestock pens, and a poultry house. • Exceptional proximity: 600 meters to the upcoming AFCON stadium, 1 km to the bypass road, and 4 km to Arusha Airport. • Offers breathtaking 360-degree panoramic views of the surrounding landscape. • Land is zoned for commercial use, offering significant development potential. • Property is situated on an elevated vantage point, ensuring excellent drainage and views. • Located in a rapidly developing area with high potential for capital appreciation.

Compare

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Premium Investment Land in Arusha-Mateves (Near AFCON Stadium)
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TypeCommercial LandCommercial LandMixed-use Land
AddressMATEVES NEAR AFCON CITY—Bahari Beach
Listing byAgent—Agent
Property UseCommercialMixedMixed
Square meters28,000 sqm—8,000 sqm
Type of PurchaseOutright Price—Outright Price
PriceTSh 3,900,000,000TSh 3,850,000,000TSh 4,761,005,400