OPPORTUUNITY 2
Land For Sale Suitable For Development Of A Luxury Tented Lodge
- Development of a 40 - Room high-class hotel on the property in the Lake Manyara area of Northern Tanzania
Project Location
The property is located in Chemi Chemi -Kilimamoja village only
3.5km off the Makuyuni-Karatu highway after Mto wa Mbu in
Karatu District. The site lies between 30 23’49.84’’S and 350 48’
25.69’’ E standing approximately 1220m above Sea Level. The site
lies a few hundred meters north of Lake Manyara. It is 160
kilometers from Arusha City and within easy reach of the four key
national parks within the northern circuit that are the primary
attractions namely, Lake Manyara National Park, Serengeti
National Park, Tarangire National Park, and the Ngorongoro
Crater. If a hotel or lodge would be built on the property it would
be within easy reach of Tanzania’s wildlife resources considered
among the finest in the world including Serengeti plains which
hosts the largest terrestrial mammals migrating in the world, the
Ngorongoro Crater that is the world’s largest intact volcanic crater
and home to the highest density of big games in Africa, and
Kilimanjaro mountain, Africa‘s highest mountain.
About Project
The business idea for development of a 40-Room high-class hotel
on the property in the Lake Manyara area of Northern Tanzania
was conceived by Eng. Lambert W. Ndiwata in 2005, and the
company LMTR was formed in February 2006 as a vehicle for the
development of the luxury lodge. The property is in the Lake
Manyara area of Northern Tanzania, an area keenly sought after by
potential investors in the hotel and lodges industry.
A lot of preliminary work has been done on the site including
survey works, environmental impact assessment, preparation of
feasibility studies and a business plan for the development of a
luxury tented lodge, all the Architectural, Electrical, Mechanical,
Water Supply Sewage and Plumbing designs. Water and electricity
supplies are available or within easy reach. The EIA Certificate
and the Water Use Permit from the Internal Drainage Basin Water
Board have been granted. The costs of the preliminary work were
financed from LMTR shareholders contributions.
LMTR shareholders are seeking buyers to purchase the property
including the land for the development of the lodge “as is” and on
the “willing buyer, willing seller” basis.
Project Benefits
- It has already been established that investing in a hotel business in the Lake Manyara area of Northern Tanzania would be a profitable investment that would realise significant returns on the investment within a short period of time.
Project Cost Estimatates
- The property is being sold by Lake Manyara Tourist Resort Limited (LMTR). The land being offered for sale is: All that land known as FARM NO. 2244 CHEMICHEMI VILLAGE KARATU DISTRICT CONTAINING THREE DECIMAL POINT THREE FOUR EIGHT (3.348) HECTARES or (8.273 Acres). Shown for identification only edged on the plan attached to the certificate of occupation and defined on registered survey plan numbered 46762 deposited at the Office of the Director for Surveys and Mapping.