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Prime Residential Site www.knightfrank.com PRIME RESIDENTIAL SITE FOR SALE (VIABLE FOR CONVERSION TO COMMERCIAL USER) Nyali, Mombasa Summary • 0.5-acre vacant property, secured within a perimeter wall • Enjoys two access roads: Main Links road and a concrete paved back access • Ideal for immediate development. • Leasehold title • For sale by private treaty. • Viewings strictly by appointment only. www.knightfrank.com Location A prime commercial redevelopment site in a strategic location in the new commercial hub at the heart of the Nyali suburb. The site has an excellent frontage overlooking the main Links Road. It is proximate to other commercial developments such as Links Plaza and Krish Plaza and retail centres such as Nyali Centre (Naivas) and City Mall (Nakumatt). Nyali is one of the most sought after areas of Mombasa County. The area also enjoys close proximity to social and public services as well as Mombasa City Centre. An Overview of Nyali Located 1.5 kilometres west of the Central Business District, separated by a channel of the indian ocean, Nyali is a residential area within Mombasa City, located on the mainland north of Mombasa County. It is connected to Mombasa Island by the New Nyali Bridge. Nyali is known for its many high- class hotels, modern standards, and long white sand beaches making it a popular destination for tourists visiting Kenya. Nyali has become one of the prime and desireable locations for major corporations, international organizations NGOs and professional services. It was the first out-town centre hit by the trend towards decentralization of the Mombasa office and retail market. The market in Nyali has been enjoying moderate and consistent growth in commercial and residential development since the 1990s. Nyali as a Commercial Centre Nyali was traditionally a suburban residential area in the late 1990s. It is now characterised with upmarket residences, office buildings, shopping centres and entertainment joints of the likes of Nyali Cinemax, Nyali Nakumatt, City Mall, Nyali Centre, Links Plaza, Krish Plaza, Creek Marina and Bliss hotel. More recently it has become a major office destination and now comprises over 1 million square feet in modern office/retail buildings. The occupiers who have been attracted to Nyali are diverse and include; private companies, multi-national and international organizations. A number of major Banks have their branches along Links Road and Mombasa-Malindi Road namely; NIC Bank, GT Bank, Chase Bank, Prime Bank, Guardian Bank, Equity Bank, Cooperative Bank, KCB, Barclays Bank and Housing Finance. Firms such as AAR, Knight Frank, Tyler and Scott, Tapas Cielo, Access Kenya, ABB Ltd, Kenya Breweries, ICEA Lion, Alexander Forbes, Captain Andys among others have also set up their branches in Nyali. www.knightfrank.com Site Summary A prime 0.5-acre re-development site, imposing location highly visible along Links Road. The site is regular in shaped in vacant possessions. A larger percentage of the property is current covered in low vegetation and trees. The site has access from the main Links Road and a concrete paved back access. www.knightfrank.com Proposal : We have been instructed to seek offers in the region of Kenya shillings Fifty One Million (Ksh. 51,000,000). For more information and to arrange an inspection contact: George Mose + 254 725 516 731 – [email protected] Danson Njenga +254 724 16 99 22 – [email protected] Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank Kenya Limited in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Knight Frank Kenya Limited nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lesson(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. Neither Knight Frank Kenya Limited nor the vendor of the property accepts responsibility fo any error these particulars may contain however caused. Any intending purchaser must therefore satisfy himself by inspection or otherwise as to the correctness .
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