1122 acres oceanfront salt farm for sale in Malindi/Gongoni (Mombasa, Kenya Real Estate)
Commercial for SALE
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Free or leasehold
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1122 acres Beach land suitable for salt farming in Kenya, Malindi/Gongoni for sale. LEASE HOLD TERM 99 YEARS from 01.08.98
Subject: GONGONI SALT FARM REPORT-KILIFI COUNTY-MAGARINI The land is 35km from Malindi town.It is among the 6 salt farms. It is the only farm that is undeveloped so far.In that area we have Kaysalt, Malindi Salt, KEM and Mombasa salt.The farm has 3 blocks, the one on offer is 1122 acres and the other 2 blocks have 1878 acres to make a total of 3000 acres but the one on sale is the one with 1122 acres though the rest can be negotiated for and bought out too. The 1122 acres farm has the only river inlet that actually brings the sea water into the salt making pans or dykes to all the other farms.Of the 1122 acres over 400 acres is good raised land and the balance consists of heavy mangrove trees.This land can have a dual usage-for a salt farm or factory and a resort center because of the raised land.
Its main selling points are: 1.Has the only seawater inlet river 2.Connects to the proposed Ngomeni port 3.Connects to the Malindi marine reserve 4.Connects to the proposed natural gas front zone 5.Has a multi-use possibility-salt and resort business development 6.As a local investor-can easily secure the support of the County Government 7.Long-term investment-the sea-water-never dries-its a natural resource that is ever available 8.Cheap-manual labor requirements
Ways forward: 1.To look for a salt manufacturer investor and have a JV 2.Come up with a different ownership model-a model that brings on board the locals(through a coop society-which all farms around do not do) 3.Buy it outright and develop it-removing the mangrove trees,doing the dykes and basic land preparation and of course source for the salt crushing plant
KRUSS Properties Kenya is marketing company specialized in Real Estate and related fields. Affiliate of KRUSS United Brands Ltd operating in Kenya, Russia and Uzbekistan. All details are provided as guidelines and do not create public offer. Clients are to verify the details prior to any payments.