There are
certain areas that have a unique ability of supporting numerous investment
opportunities and Nyamasaria is one such area. Found alongside 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 to purchase. The formerly dormant area has caught the eyes
of investors, both local and foreign who are all rushing to obtain portions of
plots within an area that's slowly becoming a town on its own. As a matter of
fact, Nyamasaria residents find no reason of going to town because they can buy
all they require inside the estate, whether it is food, supermarkets,
restaurants, hotels or even clubs.
Its
strategic location (alongside the main road) makes it a possible commercial
hub. With commercial ventures already occurring within this location, this is
definitely a clear indication of the potential vested in this area. Nyamasaria
is home to a considerable number of businesses including Ukwala supermarket,
Royal city hotel, as well as a petrol station. There are several other small
enterprises in the area which are doing perfectly well. With a large number of
pieces of plots still found in this prime area, this leaves room for setting up
of more business premises.
More
individuals are finding Nyamasaria a very good location to inhabit. This calls
for construction of more rental units to fit the rising number of people
seeking to reside in this area. There's the demand to stretch the estate up to
the neighboring Kasule and Manyatta estates due to the reason that the area is
growing not big enough for the residents.
This rising
number of residents indicates that there is pressure on the available social
amenities like dispensaries, hospitals, schools. This is certainly 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 example is obviously a most welcome idea and can
certainly be highly embraced by local homeowners. More schools too should be
built to accommodate the rising number of children in the area who require
learning facilities. In line with these is also the requirement for more hostel
facilities plus institutions of higher learning. The neighboring Kisumu
polytechnic and of course the Nairobi university branch located in megacity are
tertiary institutions with an absolute large number of scholars in dire need of
hostel facilities and Nyamasaria is the very best spot to offer these accommodation
facilities because it is the most immediate estate to these institutions.
Nyamasaria
estate, just like most available land in Kisumu is amazingly ideal for farming
activities and also cattle keeping. Previous residents have still maintained these
practices as some newcomers are embracing agriculture which is doing remarkably
in Nyamasaria.
I would
therefore urge any investor in search of an investment opportunity in land in
Kisumu to give Nyamasaria a try.
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