Description:

Seize a rare opportunity to own a prime 1-acre commercial plot in the thriving heart of Mtwapa, strategically positioned directly behind Mtwapa Mall and just 150 meters off the main tarmac road. This unbeatable location guarantees high footfall and effortless connectivity. As a highly coveted triple-road corner plot, it offers frontage on three roads for maximum exposure and design flexibility, complemented by premium fully cabro-paved access. The plot is development-ready: flat and fully buildable to reduce construction costs and timelines. It comes fully secured with a perimeter wall and includes valuable existing assets like semi-permanent houses and a swimming pool, saving significant future capital investment. Unlock exceptional ROI potential through diverse high-yield ventures. Capitalize on Mtwapa’s explosive rental demand by developing luxury high-rise apartments with pool access, steps from the mall—ideal for long-term tenants and the booming Airbnb market. Alternatively, leverage the corner visibility and mall proximity to establish a boutique hotel, resort, or landmark restaurant/bar. The plot also offers a perfect foundation for a dedicated short-term rental complex to maximize returns in this tourist hotspot.

3

3 Sqft