KSh 18 000 000

Vacant Land / Plot for sale in Watamu

Watamu, Watamu


Erf Size: 9 acres

9 Acres Land for Sale in Watamu - Jacaranda, 5km from Ocean
This property for sale in Jacaranda Area of Watamu is along Jacaranda Road that is set to be Tarmacked. The property is ideal for those looking for development property of cottages, or gated plots. 1/4 Acre a few metres from this area are selling in the region of Kes 2m.

Suggested Strategy;

Buy - Hold for 1 - 2 years, and sub-divide into 1/4 acre or 1/8 Acre plots, Develop common amenities. Before 2 years are over, the Tarmac would be ready, and 1 acre touching this road would be in the region of Kes 4-7m. The plots would then retail in the region of 3-5m.

Features
- Free hold title deed
- Fronts the main Jacaranda Road
- Ease of access to the Beach at Jacaranda area
- Coral foundation soils
- Bushy Vegetation
- neighouring developments

The distance to the ocean is approximately, 5 Kilometres. A Real Estate development opportunity in Watamu area of Jacaranda, fronting Jacaranda Road.

Property Overview

Type of Property
Vacant Land / Plot
List Date
12 December 2018
Erf Size
9 acres

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