There are
certain areas that have a unique ability of supporting numerous investment
opportunities and Nyamasaria is just one such area. Located 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 demonstrate that Nyamasaria has
one of the most enquiries for land to purchase. The once dormant area has
caught the eyes of investors, both local and foreign who are now rushing to
have parts of plots in an area that is slowly transforming into a town by
itself. In fact, Nyamasaria residents find no reason of going to town as they
can buy all they require inside the estate, whether it is food, supermarkets,
restaurants, hotels or clubs.
Its
strategic location (along the main road) makes it to be a possible commercial
hub. With commercial ventures already taking place in this particular location,
this is a clear indication of the potential vested in this region. Nyamasaria
boasts lots of businesses including Ukwala supermarket, Royal city hotel, plus
a petrol station. There are a number of other small enterprises inside the area
that happen to be doing quite nicely. With the big number of pieces of plots
still found in this prime area, this leaves room for setting up of more
business premises.
Many more
are finding Nyamasaria a fantastic destination to reside in. This calls for
construction of more rental units to fit the increasing number of persons seeking
to inhabit this area. There's demand to stretch the estate to the neighboring
Kasule and Manyatta estates due to the reason that the area is growing too
small for residents.
This growing
number of residents implies 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
immediately take advantage of the high demand versus the low number of these
facilities. A hospital for instance would be considered a most welcome idea and
can certainly be highly embraced by local homeowners. More schools too ought to
be built to accommodate the rising number of children within the area who need
learning facilities. With regard to these, there is also the demand for more
hostel facilities and not to mention institutions of higher learning. The
neighboring Kisumu polytechnic plus the Nairobi university branch situated in
megacity are tertiary institutions with a number of students in dire need of
hostel facilities and Nyamasaria is a viable place to offer these accommodation
facilities because it is the nearest estate to these institutions.
Nyamasaria
estate, just like most available land in Kisumu is exceedingly ideal for
farming activities along with cattle keeping. Previous residents have still
maintained these practices and even some newcomers embracing agriculture which
is doing very well in Nyamasaria.
I'd
therefore urge any investor in search of an investment opportunity in land in
Kisumu to give Nyamasaria a chance.
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