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PRIME COMMERCIAL SITE FOR SALE
Nyali, Mombasa
Summary • 0.6-acre sea front property, secured within a perimeter wall • Presently developed with a double storey 5 bedroom residence with two detached self contained 2-bedroom guest wings and a small outbuilding. • Commercial User • 99 year Leasehold title from 2011 • Municipal council water, mains electricity and sewer line are connected to the property • For sale by private treaty. • Viewings strictly by appointment only.
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Location A prime commercial site in a strategic location between Nyali and Mombasa’s Central Business Dristict, in close proximity to a Hospital, Best Western Hotel and the upcoming Sheheena Marina. The site fronts the Indian Ocean overlooking the Tudor Creek and has an excellent frontage to both Mombasa-Malindi Road and Kengeleni Road. It is proximate to the Engen Petrol Station and Lights bus station, approximately 1 kilometre East of Mombasa island and 2 kilometres North West of the core of Nyali Estate. 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 Bridge Area 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. Kengeleni, also close to the subject property, is a well renown area for its historical significance.
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 500,000 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.
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Site Summary A prime 0.6-acre property in an imposing location highly visible along Mombasa-Malindi highway and the Kengeleni Road. The site is regular in shape with a double storey building that is owner occupied. About half of the land is a garden and the remaining bit occupied by the buildings and concrete paved parking/driveway. The site is accessed via the Kengeleni Road, off the main Mombasa-Malindi Road.
www.knightfrank.com
Proposal : We have been instructed to seek offers in the region of Kenya shillings Eighty Million (Ksh. 80,000,000) inclusive of VAT.
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
5. VAT: All terms quoted are exclusive of VAT.