There are
some areas which have a unique ability of supporting numerous investment
opportunities and Nyamasaria happens to be this kind of area. Found alongside
the busy and recently completed Kisumu-Nairobi road, Nyamasaria location has
cut a niche for itself as being an ultimate option for investors to pitch tent
in land in Kisumu. Recent statistics provided real estate firms indicate that
Nyamasaria has the most enquiries for land available for purchase. The formerly
dormant area has caught the eyes of investors, both local and foreign who're
rushing to have pieces of plots in an area that is slowly being a town
independently. In fact, Nyamasaria residents have no reason of going to town
given that they can get all they require within the estate, be it food,
supermarkets, restaurants, hotels and not to mention clubs.
Its
strategic location (along the main road) makes it a possible commercial hub.
With commercial ventures already taking place in this location, it is a clear
indication of the very potential vested there. Nyamasaria is home to a range of
businesses including Ukwala supermarket, Royal city hotel and a petrol station.
There are many other small enterprises within the area which are doing very
well. With a massive 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 an appropriate destination to reside in. This calls for
construction of more rental units to accommodate the increasing number of
persons seeking to inhabit this area. There is essence to stretch the estate up
to the neighboring Kasule and Manyatta estates as a result of the fact that the
area is growing not big enough for the residents.
This growing
number of residents suggests that there is certainly a kind of pressure on the
available social amenities like dispensaries, hospitals, schools. This is
another opportunity for a scheming investor to build such facilities in
Nyamasaria and quickly take advantage of the high demand versus the low quantity
of these facilities. A hospital for instance would be a most welcome idea and
can certainly be embraced by local residents. More schools too need to be made
to accommodate the increasing number of children in the area who require
learning facilities. As per these, there is also the requirement for more
hostel facilities and also 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 the proper spot to offer these accommodation
facilities as it is the nearest estate to such institutions.
Nyamasaria
estate, like the majority of available land in Kisumu is amazingly well suited
for farming activities along with cattle keeping. The preceding residents have
still maintained these practices and even some newcomers are embracing
agriculture which is doing remarkably in Nyamasaria.
I'd
therefore urge any investor hunting for an investment opportunity in land in
Kisumu to give Nyamasaria a try.
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