Development of 3 cottages in 0.25 acre with foundations
• lot / land – FOR SALE KES3,000,000 . Discounted
in Malindi , Malindi
Plot of Land for Sale in Mayungu with Foundation of 3 Cottages. This property for sale in Mayungu, in Malindi is in a secure gated community and has a perimeter stone wall on the outer areas and bordering the two properties on either side. It is good for one who is looking to develop rental units for holidays or long term letting.
The property is a few minutes walk to the ocean, and also to Mayungu Road.
Features
– There are 3 cottages designed, each with its own pool, and parking
– They are bungalow setups
– The foundations are for 3 x 2 bedroom cottages, and their swimming pools
– They are in a gated community of 2 Acres
– These cottages sit on a 1/4 Acre
– Title deed is free hold
– Drawings are available
Possibilities
– one can create leases/sectional plans and develop these units for sale
– one unit can take Kes 2-3m to completion depending on ones design, finishing and fittings
– Ideal for investors looking to develop cottages to sell or own letting to holiday goers
Location
– About 500 metres to the Beach
– About 100 metres from Malindi – Mayungu – Watamu Road
A Mayungu property for sale in Malindi Kenya.