There are some areas that 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 choice for investors to pitch tent in land in Kisumu. Recent
statistics provided real estate firms indicate that Nyamasaria has one of the
most enquiries for land for sale. The formerly dormant area has caught the eyes
of investors, both local and foreign who are rushing to get pieces of plots in
an area that is slowly becoming a town on its own. In fact, Nyamasaria
residents find no need of going to town because they can get all they need
within the estate, be it food, supermarkets, restaurants, hotels and even clubs.
Its strategic location (along the main
road) makes it a potential commercial hub. With commercial ventures already
going on in this location, this is a clear indication of the potential vested
in this area. Nyamasaria is home to a number of businesses including Ukwala
supermarket, Royal city hotel, and a petrol station. There are many other small
enterprises within the area which are doing quite well. With a large number of
pieces of plots still available in this prime area, this leaves room for
setting up of more business premises.
More and more people are finding
Nyamasaria a suitable place to reside in. This calls for construction of more
rental units to accommodate the growing number of people seeking to reside in
this area. There is need to stretch the estate to the neighboring Kasule and
manyatta estates because the area is growing too small for the residents.
This growing number of residents means
that there is pressure on the available social amenities like dispensaries, hospitals,
schools. This is another opportunity for a scheming investor to come up with
such facilities in Nyamasaria and take advantage of the high demand versus the
low supply of these facilities. A hospital for instance would be a most welcome
idea and would be highly embraced by the local residents. More schools too
should be built to accommodate the growing number of children in the area who need
learning facilities. In line with these is the need for more hostel facilities
and even institutions of higher learning. The neighboring Kisumu polytechnic
and the Nairobi university branch located in megacity are tertiary institutions
with quite a large number of students in dire need of hostel facilities and
Nyamasaria is the best place to offer these accommodation facilities since it
is the nearest estate to these institutions.
Nyamasaria estate, like most available
land in Kisumu is very suitable for farming activities and even cattle keeping.
Previous residents have still maintained these practices and even some newbies
are embracing agriculture which is doing quite well 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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