Smart Forest Investment For Sale in Malindi

  • ksh.395,000/Per Acre
Chakama, Kilifi, Coastal Kenya, Kenya
For Sale Hot Offer

Smart Forest Investment For Sale in Malindi

Chakama, Kilifi, Coastal Kenya, Kenya
  • ksh.395,000/Per Acre

Details

Updated on January 12, 2022 at 5:18 pm
  • Property ID: MK19477
  • Price: ksh.395,000/Per Acre
  • Property Size: 1 acre
  • Property Type: Land
  • Property Status: For Sale

Description

This is a 15 Acre commercial forest investment project for sale in Malindi in Chakama, 45km from Malindi town on the c103, fully tarmacked Tsavo-Malindi road.

The farm is only 2.5km from the tarmac on a good all-weather toad. It is fully panted and fenced.

The farm is subdivided into 14 1 acre parcels with individual access fully planted with 425 Gmelina Arborea trees.

About the Gmelina Arborea Tree

The Gmelina Arborea is a fast-growing soft hardwood tree. Specifically suited for altitudes from sea level to 1,500 metres above sea level, is a perfect tree to grow for quick returns in Malindi.

The growth of the species is remarkably fast and on good sites can reach 20 m height in 5 years. The tree attains more than 30 m in height with about 60 cm dbh at maturity. The form of the tree is fair to good, with 6–9 m of clear bole. Some trees can reach 3 m after a year from planting and 20 m after 4.5 years.

The trees will be ready for harvesting in 7 years, with each tree producing timber worth a minimum of Ksh.5,000 in the current market.

Forest Investment For Sale: 1 Acre For Sale in Malindi

The 1-acre units are selling for an introductory offer of Ksh.395,000 for the first 5 acres. Each unit comes beaconed, fully planted and with a clean freehold title deed.

Viewing is by appointment.

  • City Malindi
  • State/county Kilifi County
  • Area Chakama
  • Country Kenya

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