Price Analysis Above Market

Based on 53 similar listings

Market Demand

High Demand

Details

Address: Mtwapa
Condition: Fairly Used
Furnishing: Unfurnished
Property Type: School
Square meters: 20,234 sqm
Secure Parking: true

Vacant Plot with School Building for Sale in Mtwapa Highlights

Prime Mtwapa Location: Mtwapa is a rapidly developing coastal town known for its vibrant commercial activity and growing population. This location offers excellent accessibility and potential for business growth.
Expansive Plot Size: A plot of over 20,000 square meters provides significant space for development, expansion, or diverse operational needs. This generous area allows for various building configurations and outdoor facilities.
Established School Infrastructure: The presence of an existing school building suggests a foundation for educational use. Such structures often include classrooms, administrative offices, and potentially specialized learning areas.
Secure Parking Availability: Dedicated secure parking is a valuable amenity for commercial properties. It ensures safety and convenience for staff, students, and visitors, contributing to a well-managed environment.
Potential for Renovation: Properties in 'fairly used' condition often present an opportunity for customization and modernization. Buyers can adapt the existing structure or redevelop the site to meet specific requirements.

Description

• The property comprises a school building situated on a 5-acre plot, located three rows from the sea beach in Mtwapa. • The school building includes six classrooms, a computer room, a staff room, a dining hall, a principal's office, and 12 toilets within the administration wing. • The dormitory area has a capacity for 90 students and features an additional 12 toilets. • An unfinished large hall is adjacent to the dormitory area. • The property is situated 2.5 km from the Mtwapa-Malindi road, behind the Mtwapa weighbridge. • The land area is 20,234 square meters (approximately 5 acres).