Prime 1.1acre Land in a Lucrative Area of Nyali, Mombasa.
This prime property is located in a lucrative area in Nyali, Mombasa. Its a mainly residential area that is around 300m from Mombasa Beach, which is common with major players in the hospitality industry like Voyager Hotel, Mombasa Beach Hotel and Reef Beach Hotel.
The area is tarmacked althrough to the gate of the property, its a quiet neighborhood, with mainly residential town houses which occupy atmost 50% of the lot size. The residents are mostly aging upper-class individuals who are looking to sell-out their investments as they prepare for retirement, thus are willing to listen to any reasonable offers.
Its a highly fruitful investment for residential houses or highrise apartments whereby from the 3rd floor there is a view of the ocean and the city, with return on investment from sales (36months ROI) or rental revenue (7-8% ROI).
For any further consultation or viewing please consult 0774-887-448