There are a
few areas which have a unique ability of supporting numerous investment
opportunities and Nyamasaria happens to be one such area. Located along the
busy and recently completed Kisumu-Nairobi road, Nyamasaria location has cut a
niche for itself as an ultimate option for investors to pitch tent in land in
Kisumu. Recent statistics provided real estate firms show that Nyamasaria has
the most enquiries for land available for purchase. The formerly dormant area
has caught the attention of investors, both local and foreign who are rushing
to acquire pieces of plots within an area that's slowly becoming a town on its
own. In fact, Nyamasaria residents find no reason of
going to town simply
because they can get all they want inside the estate, whether it is food, supermarkets,
restaurants, hotels or even clubs.
Its
strategic location (along the main road) causes it to be a possible commercial
hub. With commercial ventures already happening in this location, this is a
clear indication of the very potential vested in this region. Nyamasaria is
home to a considerable number of businesses including Ukwala supermarket, Royal
city hotel, and a petrol station. There are plenty of other small enterprises
within the area which are doing quite well. With the large number of pieces of
plots still found in this prime area, this leaves room for setting up of more
business premises.
Many people
are finding Nyamasaria a great location to inhabit. This calls for construction
of more rental units in order to accommodate the growing number of persons
seeking to inhabit this area. There's demand to stretch the estate towards the
neighboring Kasule and Manyatta estates because the area is growing not big
enough for residents.
This
increasing number of residents implies that there is a kind of pressure on the
available social amenities like dispensaries, hospitals and schools. This
definitely is another opportunity for a scheming investor to build such
facilities in Nyamasaria and quickly take advantage of the high demand versus the
low supply of these facilities. A hospital for instance would be considered a
most welcome idea and can certainly be embraced by local homeowners. More
schools too ought to be made available to accommodate the increasing number of
children within the area who require learning facilities. With regard to these,
there is also the need for more hostel facilities plus institutions of higher
learning. The neighboring Kisumu polytechnic and of course the Nairobi
university branch within the megacity are tertiary institutions with quite a
large number of scholars in dire need of hostel facilities and Nyamasaria is
the ideal area to offer these accommodation facilities considering the fact
that it's the nearest estate to these institutions.
Nyamasaria
estate, like the majority of available land in Kisumu is very suitable for
farming activities and also cattle keeping. The former residents have still
maintained these practices as the new ones are embracing agriculture that's
doing quite nicely in Nyamasaria.
I would
therefore urge any investor looking for an investment opportunity in land in
Kisumu to give Nyamasaria a try.
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