The property is situated along Customs Road, off Mombasa - Malindi Road branching to the right just before Kenol - Kobil Petrol Station, in Mtwapa Town, Kilifi County. The development is easily identifiable as Mtwapa Luxury Apartments.
Leasehold interest for a term of 99 years with effect from 151 September, 2015 at a peppercorn (If demanded) ground rent.
The entire plot extends to 0.8193 of a hectare or 2.0245 acres approximately.
The subject of our valuation is Apartment No.x in Block x
'Mtwapa Luxury Apartments' comprises nine residential blocks each accommodating 16 No.
3-bedroomed (master ensuite) similar apartments. A common swimming pool and gymnasium are also provided.
Each block has parking on the ground floor with each apartment having two bays.
Mains water and electricity services are connected. Additional water is obtained from a
borehole sunk within the plot.
Foul drainage is into septic tanks and soak pits The immediate access road is tarmacked.
The subject apartment is a 3-bedroomed (master ensuite) apartment of good construction and situated within Mtwapa Area of Kilifi County where vital social and
economic amenities are conveniently accessible. ·
Neighbouring properties comprise residential houses and commercial cum residential multi storey buildings. Demand for properties in this neighbourhood is currently good.
Selling Price 4.5M
Sale Date 26.08.2019