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Prime 5-Acres Land in Kakoneni, Malindi

Kakoneni, Malindi Town, Kilifi
KSh 1,500,000
#650-08 4 Jul Added yesterday
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20,234 m² Plot size
Land Property type

About this property

Strategic 5-Acre Development Opportunity in Kakoneni Discover an exceptional land investment opportunity in the fast-growing Kakoneni area of Malindi. This prime 5-acre parcel, positioned on the second row from the tarmac road, offers the perfect combination of accessibility, infrastructure availability, and long-term appreciation potential. With water and electricity already available on-site and a secure freehold title, this property presents an outstanding opportunity for investors, developers, agricultural ventures, and land bankers seeking value in one of Kilifi County's emerging growth zones. Priced at an attractive kes 300,000 per acre, the entire property is available for only kes 1.5 Million, making it one of the most affordable large-acreage investment opportunities in the Malindi region. Location Highlights Located in Kakoneni, Malindi, this property enjoys a strategic position just off the main tarmac road, providing excellent accessibility while maintaining a peaceful environment ideal for residential, agricultural, or commercial development. Kakoneni continues to attract increasing investor attention due to its growing infrastructure, expanding population, and proximity to Malindi's economic and tourism hubs. The area offers excellent connectivity to major roads, schools, markets, healthcare facilities, and commercial centers. Location advantages include: Prime location in Kakoneni, Malindi Second row from the tarmac road Easy all-weather access Rapidly developing neighborhood Water available on-site Electricity available on-site Close proximity to Malindi town Suitable for multiple development projects High potential for future value appreciation The property's strategic location ensures convenience while preserving the tranquility that many investors and homeowners seek. Property Features This exceptional property has been carefully positioned to accommodate a wide variety of development possibilities, offering flexibility and value for both individual and institutional investors. Property Specifications Size: 5 Acres Location: Kakoneni, Malindi Position: Second Row from Tarmac Road Ownership: Freehold Title Price per Acre: Kes 300,000 Total Price: Kes 1.5 Million Water: Available On Site Electricity: Available On Site Accessibility: Excellent Development Status: Ready for Immediate Use Development Possibilities The generous acreage provides sufficient space for: Residential estates Holiday homes Agricultural projects Commercial developments Mixed-use developments Institutional projects Warehousing facilities Land banking investments The availability of key utilities significantly reduces setup costs and accelerates development timelines. Investment Potential Kakoneni is steadily emerging as one of the most attractive investment destinations within the greater Malindi region. As infrastructure continues to improve and urban expansion pushes demand outward, strategically located land parcels such as this one are becoming increasingly valuable. Several factors make this property an exceptional investment opportunity: Land Appreciation Potential Properties near major roads historically experience stronger appreciation due to accessibility and development demand. Being located just off the tarmac road positions this parcel for future value growth. Residential Development Demand Growing populations and expanding economic activities continue to create demand for residential developments within accessible locations around Malindi. Agricultural Opportunities The size and accessibility of the property make it ideal for commercial farming, horticulture, livestock production, and agribusiness ventures. Commercial Potential Its strategic location supports commercial enterprises such as storage facilities, service centers, educational institutions, and mixed-use projects. Affordable Entry Point At only kes 1.5 Million for 5 acres, investors gain access to substantial acreage at a highly competitive price, maximizing potential returns on investment. For investors focused on long-term wealth creation through land ownership, this property represents a rare opportunity to secure a sizeable parcel at an affordable price before market values rise further. Contact Mkaazi Real Estate LTD Today Secure this exceptional 5-acre investment property in Kakoneni before prices rise. Whether you're an investor, developer, farmer, entrepreneur, or land banker, this property offers the location, infrastructure, and value needed to achieve your goals. Call/WhatsApp: 0763568989 Email: [email protected]

Property details

Reference ID #650-08
Listed by Mkaazi Real Estate LTD
Property type Land
Listing status Land for sale
Plot size 20,234 m²

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Disclaimer

The information displayed about this property comprises a property advertisement. Kenya Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Kenya Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Mkaazi Real Estate LTD. Kenya Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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