TZS5,097,993,706 Plot of land Arusha

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TZS5,097,993,706

(USD 2,000,000)

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Plot of land
For Sale
Arusha
Tanzania

A self-sufficient, private 5 acre site,
offering; ready-to-go facilities, good
location, access and security.
Infrastructure comprising workshops,
extensive parking, 3 phase electricity,
staff accommodation, and house suited to
office accommodation with bore hole.
Potential for business meetings &
client/corporate entertaining
Particulars
Security � 4 metre high 600 metre long
perimeter block wall.
Access - 1 kilometre from the Nairobi -
Arusha Highway - 5 kilometres from the GPO
- 8 kilometres from Arusha Airport
Water - on-site borehole with 25,000 litre
storage
Electricity - 3 phase and backup generator.
Title - Secure registered title deed on 66
year Certificate of Occupancy - leasehold. A
land lawyer advises that the lease can be
extended to 99 years on change of ownership.
User & Land Rent � Plot has been used for 14
years as commercial premises and no issue
has arisen from this. Land Rent (rates) is
now paid on a Residential basis at 45/- per
m2 - totalling of $550 per year. Conversion
to `Commercial/Residential` is possible via
the local land office. This will raise the
Land Rent to 90/- per m2 ($1,100 per year).
The council has already suggested conversion
to commercial rates; so effectively changing
the usage to commercial premises.
Privacy - the site is not overlooked. The
main building (the house/offices) is set
well back from the road, so there is minimal
disturbance.
Potential - (a).One of 3 northern feeder
roads is scheduled for construction from the
Nairobi Highway, past the plot and a further
kilometre on, pulling the plot well into
Arusha town, having an upward effect the
plots value. (b). The East section of the
plot (described below) is empty and has
potential for further building with separate
access.
Access � the road from the main highway is
an improved gravel road, upgraded yearly by
the council with community help. The council
estimates the road will be asphalted in
2015, in line with the ongoing road
construction in town.
The plot is roughly divided into 3 usage
areas � West, Central and East
West - working area of approx 2 acres
comprising * Double 4 metre high metal gate
entrance with security quarters and visitor
car parking
* Further set double gates, opening onto the
main yard * Shelter for 6 cars * Large
Workshop with a high load concrete floor,
high roof and container storage
* Storage sheds * Parking for over 50 to 100
trucks and cars * 20 KVA backup generator
(also wired to house) * WC and septic tank
Central - approx 1 acre with house, domestic
amenities and grounds comprising
*324 m2, five bedroom open plan house with
wrap-around veranda in Federation style.
It`s a high quality build specification;
imported roof and windows, suitable for
conversion to offices * Gardens & lawn offer
an extensive entertaining area,
accommodating up to 200 guests * Borehole.
Pump flow of 5,000 litres per hour of high
quality tested clean water
* Water storage tank of 25,000 litres *
Staff quarters/guest house - one bedroom *
Staff quarters or storage - two large rooms
* Shelter for 4 vehicles * Septic tank
East - approx 2 acres of grassed and treed
grounds; good for agricultural use or
further building/residential development;
including potential for access to road at
the rear as additional entrance

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