For Sale Ksh125,000,000.00 - Development Land
An ideal location to put up a housing estate on this 12 acre plot located at Sabaki area just after Mlolongo on Mombasa road and which is accessed via the road just after the Signature Mall at the Total Petrol Station or the access road behind the Mulley’s Mall at Mlolongo. It lies 2.5km from the Mombasa highway and is in the vicinity of the Suraya Encasa Mlolongo Housing Estate plus the Coca Cola Sacco plots.
Alternatively one could choose to subdivide the land into 50×100 residential plots for sale to individuals to erect their homes. The current market value for a plot of that size in the area is Ksh. 3m.
The area is an upper middle class area with all plots developed with double storied residential individual units. Water and power connections are within easy reach.
The soil is gravel and murrum thus greatly reducing the foundation construction costs and the access roads are all weather with no issues of getting stuck in mud during the rainy season.
Asking price is Ksh. 125,000,000.00 negotiable
Note
This property can be visited any time by contacting the agent.
