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Prime Property for Sale – Thika

KES14,000,000

Details

SITUATION: The property is situated on Thika-Gatanga Road, approximately 4.8 Kms to the North West of Thika Super Highway, entrance opposite Blue Post Hotel, Thika, Kiambu County. The property borders Enkasiti Rose Farm, Simbi Rose Farm and White Stone Estate.

TITLE DETAILS: Title details from an official title search carried out at the Nairobi Lands Registry are as follows:

IR Number:  20122

Tenure: Leasehold for 944 years and 5 Months form 1st April, 1964. The ground lease is about 896 years unexpired.

Ground Rent: Kshs 1,786.00, Revisable

Area: The entire parcel extends to 921 acres approximately (less road reserve of 9 acres)

Encumbrances: Nil

SERVICES: Mains 3-Phase electricity is connected to the property

Water is available from both Thika and Gitathuru Rivers, which form boundaries with the subject farm. Water from Thika River is pumped and distributed throughout the farm via a dense network of underground and surface steel water pipes. Water is stored into a large water reservoir (The ‘Lake’) within the farm. This dam is home to Hippos and other marine life. A further dam is also provided within the farm.

Domestic water is available from boreholes sunk within the farm.

Drainage is to septic tanks and pit latrines.

The main Thika-Gatanga Road, which traverses the farm, is tar surfaced and is well maintained. The farm is connected with murram surfaced and well maintained interconnected roads.

TENANCIES:  The property is owner-occupied.

THE PARCEL:  An irregularly shaped, undulating, deep red soils block of land, whose boundaries are marked part by a live natural hegde, part Thika River to the North East and Gitathuru River to the South West. The North West boundary line is unmarked.

Entrance into the expansive farm is through a double hinged steel grille gate set on steel posts and which opens onto a long murram surfaced driveway and feeder roads.

IMPROVEMENTS:   General Description

The farm is developed with a miscellany of buildings, which dot the expansive farm, and comprises; Offices, Coffee Factory, Residential Houses, Staff Labor lines, Masonry water tanks, Pumps houses and a several outbuildings.

LAND USE

CLASSIFICATION:                                                     Area (Acres) approximately

Coffee Plantation                                                                            640

Subsistence Cultivation                                                                  50

Furrow Land/Grass Land/Woodland                                          220

Buildings/Site works                                                                        10

Total                                                                                              920

PROPOSED

SUBDIVISION: The parcel is proposed to be subdivided as follows;

                                                               Total Area (Acres) approximately

6 X 100-Acre Portions                                                                         600

2 X 50-Acre Portions                                                                           100

1 X 200-Acre Portion                                                                           200

Total                                                                                                  900

The boundaries to the portions will be defined/marked out on the ground once the survey work is completed.

PRICE GUIDE:   Kshs 14,000,000.00 per acre-the parcel can be subdivided into parcels of 100, 200 or 300 acre portions