Malindi Malindi (Malindi, Coast, KE - 1235)

KES5,000,000 KES

Nairobi Real Estates Limited

Nairobi Real Estates Limited Nairobi Real Estates Limited 0715212800 (Office) Request More Info

  • Type: Lots and Land
  • Style: Lot / Land
  • Lot Type: Rectangular
  • Lot Size: 0.13 acres

Description

1/8 Acre plot for sale in Malindi town near the High Court @ Kes 5m. 1/4 acre @ 10m. The property for sale in Malindi town is a few metres from the High Court and can be used for own residence, Block of flats or an office block. It is strategically located for high end office block or Apartments.

The current usage of the plot is residential, however there are other developments of flats in the neighbourhood. The Plot measures 50ft x 100ft and has an access road on the 100ft side, which could be used for shops if required.

As of the time of listing, it is adjacent to another 50ft x 100ft and these can be purchased together to make a 1/4 acre with the dimensions of 100ft x 100ft. It is ripe for development with all the services of electricity, water and sewerage.

This plot is also ideal for those who would want to do land banking for future development or appreciation in price as it is located in a very central place to infrastructure, amenities and services. A real Estate investment opportunity in Kenya in Malindi town. The property is also very close to the Beach, which is less than 300 metres, and also a few minutes walk to Vasco Da Gama Pillar.

Attachments

P2#215647998
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Information is deemed to be correct but not guaranteed.