For Sale Kshs3,500,000.00
ACACIA EXOTIC HOMES ESTATE
Acacia Estate is a residential estate under development nestled within the Kaputei Plains. It is located one kilometer past Yukos Restaurant and approximately 400 metres off the Kajiado-Namanga Road along the old Kajiado Road. The area is geographically close to key game reserves in Kenya and is surrounded by acacia trees and thorn bushes that give it a tranquil wilderness feel. It is in a fresh and serene area of open former ranchland and wildlife browsers. Only 35 kilometers away from Nairobi and approximately 4 kilometers from Naivas Supermarket, Kitengela town, Acacia Estate seeks to be a country home readily accessible to the city. The estate already has a bore-hole for water supply and 3phase power supply readily available within the estate.
Acacia Estate will comprise a cozy progressive community of like-minded homeowners keen on controlling and determining how their immediate environment affects them. Accordingly, the developments in the estate will be controlled through a limited liability Management Company to which every plot owner shall also be a shareholder. Under the auspices of the management company, the owner/shareholders will meet regularly to chart out and determine how they wish to co-exist as one community and the activities and regulations that will of necessity bind members of a gated community. Amongst these may include regulations on provision of common services and utilities, neighbor-hood planning and etiquette. In due course, it is also envisaged that the management company will undertake the provision of water reticulation works (infrastructure), street lighting, road, perimeter wall and recreational facilities infrastructure.
Acacia Exotic Homes Estate envisages, amongst other things: an externally gated community with no internal separating walls between plots except low hedges; plantations of trees, shrubs and wellmaintained gardens; well designated and paved walkways; single entrance gate; single residential dwelling per plot; approval of house designs; etc.
The land comprising Acacia Exotic Homes Estate covers 5 acres which have already been aptly subdivided into sub-plots of about one quarter of an acre each. This will reduce sale turnaround time and obviate questions of proprietorship.
The plots are un-serviced but will be under a closely controlled developmental model, in which successfully selected persons of discretion will choose how to regulate their own environment. Proposed purchasers may be given design guidelines for plans for single private residential houses (bungalow or maisonette).
Each plot has an individual freehold title, which will be availed to every successful purchaser at the completion of the sale; together with a share certificate representing a 1/20th share in Acacia Estate Management Company Limited. The purchasers will hold meetings of the Company’s membership to deliberate and plan on the development of the common facilities.
The sale will be subject to the Law Society Conditions of Sale and the sale agreement.
On a resale of any individual property the purchase will be subjected to the condition that the transfer has to be simultaneous with the transfer of the one share in the Estate Management Company.