Land in Kikambala

Kikambala

KSh 240,000,000

Silver

Land in Kikambala

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KSh 240,000,000

Kikambala

Description

A very prominent and strategic re-development site in an excellent location in Kikambala ,in the North coast. -The site is a rectangular shaped and measures circa 20 Acres -The property fronts the Mombasa Malindi (140 meters of road frontage) -The property is primarily bare land but is developed with double storey house ,with two boreholes. -Mains electricity and water are connected to property. Sewer is to septic tank -The title is freehold. -For sale by private treaty LOCATION The property is located in Kikambala along the Mombasa-Malindi in the North coast within Kilifi county. The property has a 140 meters frontage to the main road.It is 8km due to south of Kikambala Town and 5km due North of Mtwapa town.The site is very close proximity to the sun N sand beach resort ,Kilifi pearl Beach resort,Java Medical center,Pwani Oil products Kikambala. DESCRIPTION. The property is approximately 20 acres with a regular shape and fairly flat gradient, with mixed sandy soils. The boundaries are marked by a life fence with a double leaf steel gate. The property has been developed with a double storey house. Mains water and 3 phase power connected to the site.There are two boreholes on-site to supplement the mains water. Drainage is to septic tank. The completion of the Mombasa SGR has been a huge boost to the Kenyan coast with more visitors using the rail to travel to the coast. This had a trickling effect to both tourism and other major sectors of the economy. The other infrastructure projects include Mombasa port expansion which has increased the cargo handling capacity at the port of Mombasa ,hence growth in the logistics business. With these infrastructure projects, the Kenyan coast has become an investment hub, with the real estate sector being among the areas of key interest. The main areas the have emerged as real estate investments hubs include Diani beach and Galu Kinondo on the south coast ;Kizingo and Tudor in the Mombasa Island ;Nyali ,Kikambala and VIpingo on the North coast. The North coast region is slowly changing from the traditional quite coastal outlook to an investment rich area. TENURE -The property is held on a freehold interest. PLANNING The permitted user is a agricultural however, the location is ideal for a higher density commercial development .With the emergence of the North coast as an investment hub, the property is a ripe for either commercial development ,warehouses ,factories and farming. The site can also be subdivided into smaller plots for residential development .The site is served by a good transport network as it fronts Mombasa-Malindi rd

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Date Created 26/11/2024

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Highrise Properties Ltd

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Land in Kikambala

Land in Kikambala

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