32 Acre Freehold Land for Sale, Bondo

32 Acre Freehold Land for Sale, Bondo - 1
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Price Analysis Good Price

Based on 1145 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Customary Ownership
Address
https://maps.app.goo.gl/8zJcnUdFkQXnVc6u7?g_st=ac
Land Area
32
Listing by
Agent
Property Use
Mixed
Type of Purchase
per Acre

32 Acre Freehold Land for Sale, Bondo Highlights

  • Strategic Location Potential: Mixed-use land offers flexibility for various development types, from residential to commercial. Its location can significantly impact future value and accessibility.
  • Ample Acreage for Development: A substantial land area provides ample space for diverse projects. Consider zoning regulations and potential for subdivision or expansion.
  • Customary Ownership Considerations: Land with customary ownership may have specific legal frameworks and community involvement in its transfer. Understanding these processes is crucial for buyers.
  • Agent-Facilitated Transaction: Working with an agent can streamline the buying process. They can assist with negotiations, documentation, and understanding local market conditions.
  • Mixed-Use Zoning Benefits: Mixed-use properties can offer a blend of residential, commercial, or industrial spaces. This can create vibrant communities and diverse income streams.

Description

• 32-acre freehold property with 200-230 meters of Utonga Bay shoreline, located near Kisumu. • Diverse natural landscape suitable for aquaculture, irrigated farming, eco-hospitality, residential villas, wellness farms, livestock, and conservation. • Infrastructure includes road access, lake water abstraction, grid power, and telecom boosters. • Unencumbered freehold title with title and survey documents available for qualified investors. • Purchase price: KES 1.8 million per acre (total KES 57.6 million). • Lease option: 15-25 years with renewal rights at KES 27,000 per acre. • Payment terms: 25% deposit with a 150-day balance period.

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TypeMixed-use LandResidential LandFarmland
TitleCustomary Ownership—Lease Agreement
Addresshttps://maps.app.goo.gl/8zJcnUdFkQXnVc6u7?g_st=acKitengelaSubukia
Land Area32——
Listing byAgentAgent—
Property UseMixedResidentialMixed
Type of Purchaseper Acreper Plotper Acre
PriceKSh 1,800,000KSh 1,700,000KSh 1,600,000