Zanzibar Magic - Tanzania

This project is for sale and/joint venture.

Business Type: Travel, Hotel Hospitality, Property and Service. Legal Status: Limited Liability Company

Status:
Semi Completed Sports and Entertainment Resort Complex 14km out of Stone Town.

Plot and Site Works:
The leased plot is almost rectangular in shape and flat leveled some area bounded by walls fence of coral stones, sand and cement mortar of about 2 metres height.

Land some area finished with concrete tiles yard while large part is covered with natural vegetation (indigenous medicinal schrubs and trees are plentiful including small wildlife- bushbabies, monkeys and reptiles, birdlife) with planted trees, internal roads are of compacted stones.

Water: It is connected from site bore holes. There are 3 bore holes, two are in use while one is not in use, on top they are covered with welded metal doors.

Electricity:
Three phase line is connected to the national grid.

Sewerage System:
Sewerage drainage system discharged through septic tank to soak pit provided to each building.

Swimming Pool:
There are three proposed round shaped swimming pools, one is for children, one for aquariums and the last one for adults, they are under construction on foundation stage.

The project will have more than enough space with over 20 acres.

Precipitation and soil conditions favor fast growing and lush vegetation.

Development has already begun, and fencing, walls and roads have been constructed including drainage and sewage, including all the following assets.

Asset Description:
Gate House
Administration Building No.1
Services Building No.1
Generator House
Commercial Buildings
Toilet/Shop
Kitchen
Bar
DJ Room
Staff House
Workshop
Services Building No.2
Administration Building No.2
Swimming Pool Toilet
Bungalow
Site Works:
Land Acquisition
Swimming Pool
Fencing walls and land scarping (e.g. roads, yard, fountain etc)
Bore holes

Total

Grand Total: $2,000,000.- USD

Description
A 150 meters long plot by 80/30 meters in width is for sale, indigenous trees and planted trees are plentiful. Residential and commercial setup is possible.

Location and Locality: The property is located at Tunguu in Central District of Zanzibar on northern side about 100 meters off the main road to Bungi immediately after the Parliament block office. These houses are situated on south side close with the Tunguu Botanic Resort, Taarab Square, walking distance from SUZA, the State University of Zanzibar and the Vice Presidents offices and residences. Also in the vicinity is the Regional Commissioners officers, Regional Immigration Headquarters, this is the new up and coming city of Zanzibar.

Plot and Site Works:
The plot is almost rectangular in shape and flat leveled some area bounded by walls fence of coral stone, sand and cement mortar of about 2 meters height.

Services:
The services included on the site are:-

Water:
It is connected from Tunguu Botanic borehole. These are three boreholes, two are in use while one is not in use, on top they are covered with welded metal doors.

Electricity:
One phase and three phase separate meters line connected to the national grid.

Sewerage System:
Waste water discharged through septic tank to soak pit system provided to each building.

Executive Summary:
The properties were valued based on appropriate and International accepted method, having considered all factors affecting property value on Zanzibar.

We are of the opinion that the current replacement/market value are summarized as follows:-

ASSETS:
Main House $200,000.- USD
Staff House No.1 $15,000.- USD
Staff House No.2 $14,000.- USD
Shops/Commercial Buildings $10,000.- USD

SITE WORKS:-
Land Acquisition $150,000.- USD
Walls Fencing $12,000.- USD

Total $401,000.- USD Negotiable

150,000 Dollar US$

Buy Dar es Salaam House Property, Tanzania Magomeni Mikumi, Manda Street

House for sale in Magomeni Mikumi, Dar es Salaam with title deed, value is in the land plot itself which is located in the Central Business District of Dar es Salaam, ideal for demolishing and building a new high rise of commercial and residential properties.

Description of Property : A local brick house in good condition, typical swahili design, 6 rooms with verandah and back house with yard, kitchen, toilets and stores.

plot no. 54, block a, magomeni, house no.12, manda street, dar es salaam is for outright sale.

size of plot: 80 x 49 foot.
size of house: 30 x 40 foot

$150,000.- USD Negotiable