Description

Matolani, Baricho – Malindi | River Galana Frontage

Mkaazi Real Estate Ltd presents a rare large-scale investment opportunity in the fast-growing Baricho–Matolani area of Malindi. This expansive 4,250-acre ranch sits along the scenic Baricho–Bombi corridor and gently slopes from the road frontage down to approximately 3 kilometres of direct frontage on the mighty River Galana.

The property combines striking natural beauty with outstanding agricultural and commercial potential. Currently under natural tree and brush cover, the land is largely untouched, offering a clean slate for large-scale farming, ranching, irrigation projects, agro-processing, conservation ventures, or a master-planned mixed-use development.

Strategic Location & Rapid Infrastructure Growth

Located about 8 km from Baricho Town and approximately 48 km from Malindi Town via Baolala and Baricho Bridge.
A tarmac road is currently under construction near the property, set to dramatically improve accessibility and boost land value.
Electric power lines are also under construction in the vicinity, making future development easier and more cost-effective.
Accessed via an all-weather road, ensuring reliable year-round entry.

This wave of infrastructure development positions the area as one of the next agricultural and investment frontiers along the Galana corridor.

Exceptional Natural Advantages

1. Extensive River Frontage
Approximately 3 km of frontage on River Galana provides a dependable natural water source ideal for:

Large-scale irrigation
Horticulture and fruit farming
Livestock watering
Potential eco-tourism or riverfront developments

2. Fertile, Well-Drained Soils
Deep red, nutrient-rich soils with excellent drainage and water retention support a wide range of crops including:

Mangoes, cashew nuts, citrus and other fruits
Maize, legumes and grains
Fodder crops and pasture for livestock

3. Proven Agricultural Neighbourhood
The property neighbours an established 400+ acre mango and cashew farm, confirming the area’s strong agricultural viability and offering potential collaboration, shared infrastructure and ready markets.

Size & Flexibility

Total size: 4,250 acres (freehold)
Clearly beaconed boundaries
Suitable for single ownership or phased development

Title & Ownership

Clean freehold title deed
Secure and undisputed ownership
Ready for transfer

Pricing (Updated)

KSh 950,000 per acre

Options:

Minimum subdivision: 500 acres
- Price for 500 acres: KSh 475,000,000
Entire 4,250 acres:
- Total price: KSh 4,037,500,000 O.N.O

This updated pricing reflects the ongoing tarmac and power infrastructure works, which significantly enhance future value, accessibility and development potential.