Overview
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480 Sqft
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Year Built: N/A
Description
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This strategically positioned 480m² plot in Busanza-Rukore, Kanombe offers exceptional value at 24,000,000 RWF (≈50,000 RWF/m²), presenting a rare opportunity in Kigali's fast-growing southern corridor. Fully serviced and ready for immediate development, this property is ideal for residential, commercial, or mixed-use projects.
Key Features & Benefits
1. Prime Location Advantages
- Accessibility:
- 300m from the main Busanza-Nyanza Road
- 8-minute drive to Kigali International Airport (KGL)
- 15-minute access to Kigali Heights and Kicukiro CBD
- Neighborhood Growth:
- Located in Rukore, one of Busanza's most rapidly developing sectors
- Adjacent to upcoming road expansion projects (2024-2025)
- High demand for quality housing and commercial spaces
2. Plot Specifications
- Dimensions: 20m x 24m (regular shape, easy to build)
- Terrain: Flat, cleared, and ready for construction
- Utilities:
- Electricity: Available at plot boundary
- Water: Mains connection adjacent
- Road Access: Paved street frontage
3. Development Potential
A) Residential Projects:
- 4-Unit Apartment Building (estimated ROI: 12-15% annually)
- Luxury Family Home (3-4 bedrooms + garden)
B) Commercial Ventures:
- Neighborhood Retail Plaza (shops, pharmacies, cafes)
- Office Complex (ideal for SMEs and startups)
C) Hybrid Use:
- Ground-floor commercial + upper-floor residences (maximize returns)
Investment Rationale
1. Busanza Market Trends
- Price Growth: Land values in Rukore have risen 18% annually (2021-2023)
- Rental Demand:
- Apartments: 90% occupancy rate
- Commercial Spaces: High demand from local businesses
2. Competitive Advantages
- Price Per m² (50,000 RWF):
- 30% below comparable plots in Kanombe
- 20% below recent Busanza sales
- Infrastructure Ready: No extra costs for grading or utilities
Property Address
- Address: Kicukiro, Busanza
- City: Kicukiro
- State/County: Kigali
- Country: Rwanda
- Full Location: Kicukiro-Kanombe-Busanza-Rukore
Property Details
- Price Info: 24,000,000 RWF
- Property Size: 480 m²
- Kitchen: N/A
- Bedrooms: N/A
- Bathrooms: N/A
- Parking: N/A
- Available From: 01 Apr 2025
- Property Type: Plot
- Floors No: N/A
Amenities
No amenities available.
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