PRIME RESIDENTIAL PROPERTY (WITH TWO IDENTICAL FOUR-BEDROOM VILLAS) FOR SALE BY PUBLIC AUCTION SITUATED WITHIN KIBOKONI AREA, MALINDI SUB-COUNTY KILIFI COUNTY

TITLE NO. PORTION NO. 10801 (CR NO. 34037), KIBOKONI AREA – MALINDI TOWN, MALINDI SUB-COUNTY, KILIFI COUNTY.

SITUATION: The subject property is located about 220 metres due south of Golf Course Road, next to Kilimandogo Beach Hotel within Kibokoni Area of Malindi Town, Malindi County. The property lies about 1.1 kms due east of Lamu Road, with the turn off about 2.2 kms due north of Malindi Town Centre The property is about 280 metres due south of Malindi Golf Course and about 3.1 kms due north of Malindi Town Centre.

AREA: The plot measures approximately 2.76 hectares or 6.82 acres.

TENURE: The title is held on a leasehold interest for a term of 99 years with effect from 1st June 2000 at a revisable annual ground rent of Kshs. 64,000/- The ground lease has 80 years to expiry.

IMPROVEMENTS: THE WESTERN END IS DEVELOPED WITH 2 NO. IDENTICAL FOUR (4) BEDROOM VILLAS WITH STAFF QUARTERS.

SERVICES: K.P.L.C Mains supply is connected to the property. Piped water from the mains is also connected to the property. Foul drainage is to soak pits and septic tanks. Access to the property is off a murram surfaced road. Other infrastructural services are available within the neighbourhood, Malindi Town Centre, Kilifi Town or Mombasa County.