Residential land for sale
2-Acre Residential Land with Power and Water
Prime 2-Acre Coral Plot for Sale on Casuarina Road, Malindi -- KSh 25 Million Distress Sale Touching Tarmac Power & Piped Water On Site Clean Title Asking Price: KSh 25 Million for 2 Acres An exceptional opportunity to acquire 2 acres of prime coral land along Casuarina Road in Malindi, strategically positioned with direct frontage to the tarmac road. This is a genuine distress sale opportunity, with the entire 2-acre parcel offered at KSh 25 million. Comparable plots within the surrounding neighbourhood are reportedly selling at approximately KSh 24.5 million per acre, making this property particularly attractive to investors looking to secure prime coastal land at a competitive price. Property Highlights Size: 2 acres Location: Casuarina Road, Malindi Land type: Prime coral land Road access: Directly touching the tarmac Electricity: Power available on site Water: Piped water available on site Title: Clean title deed Price: KSh 25 million for the entire 2 acres Sale type: Distress sale Access: Excellent and convenient access Why This Property Is a Great Investment The property's direct frontage to Casuarina Road is one of its biggest advantages. Easy access makes the land particularly suitable for developments that benefit from visibility and convenient connectivity. The availability of power and piped water on site further reduces the infrastructure requirements for a future development, while the clean title provides buyers with greater confidence when proceeding with due diligence and acquisition. At KSh 25 million for 2 acres, the property represents an attractive opportunity compared with the stated prevailing prices of approximately KSh 24.5 million per acre for other lots in the neighbourhood. That means a buyer can secure a substantial 2-acre parcel at a price that offers considerable value relative to surrounding asking prices. Ideal for Development The size, location and accessibility make this property suitable for a range of potential developments, subject to planning and approvals. Potential uses include: Residential apartments Luxury villas Gated residential development Boutique hotel or hospitality project Holiday homes Serviced apartments Commercial-residential development Mixed-use development Retirement or lifestyle community Long-term land banking Its location along Casuarina Road also places it within one of Malindi's established coastal residential and hospitality areas, making it an appealing option for investors targeting the area's tourism, residential and property markets. Key Investment Advantages Prime Casuarina Road location: A sought-after coastal location with convenient access. Tarmac frontage: The property touches the tarmac, providing excellent accessibility and potential development visibility. Infrastructure already available: Power and piped water are available on site. Large 2-acre parcel: Sufficient space for a substantial development or phased project. Clean title: The property comes with a clean title deed, subject to the buyer's normal due diligence. Distress-sale pricing: Offered at KSh 25 million for the full 2 acres, creating an opportunity to acquire prime coastal land at an attractive price. Asking Price: KSh 25 Million Distress Sale -- 2 Acres With neighbouring properties reportedly selling at around KSh 24.5 million per acre, this 2-acre parcel offers an opportunity for a serious investor to acquire prime land at a compelling overall price. Serious buyers are encouraged to act quickly, as distress-sale opportunities of this size and location are limited. Arrange a Viewing Interested in this prime 2-acre investment opportunity on Casuarina Road? Contact Mkaazi Real Estate Ltd today for additional information, to arrange a site visit, or to begin the purchase and due-diligence process. Mkaazi Real Estate Ltd -- Your trusted partner in Kenyan real estate. Book a viewing today and secure this exceptional 2-acre coastal investment opportunity.
