Meat-lovers’ paradise holds promise for real estate investors
SEE ALSO :Refresh your house with indoor plantsWhat started in the 1970s as a centre comprising makeshift structures selling roasted meat has grown to become a popular small township that could be the next economic hub on the outskirts of Nakuru town, which is poised to become a city in the next few months. The centre has grown from a travellers’ stopover to a small township suitable for residential and commercial property developments. Its popularity has seen investors to build different classes of hotels that can accommodate a wide variety of customers. It has attracted long-distance truck drivers who stop over to take a rest for a day or two on their way to or from neighbouring countries of Uganda, Rwanda, Burundi and the Democratic Republic of Congo. Land prices around the centre have risen steeply owing to the rise in population. Demand for plots close to the centre or next to the busy Nakuru-Nairobi highway has also gone up. Joseph Mureithi, a property agent in the area, says an eighth acre plot, which used to go for between Sh50,000 and Sh80,000, now costs between Sh 650,000 and 700,000.
SEE ALSO :New industries to spur town growthHowever, Elly Ogutu, another property agent, has cautioned buyers to be wary of fraudsters posing as genuine land-sellers in the area.
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