Property Description
Situated along the bustling thoroughfare of Old Mombasa Road, this fully tenanted industrial property offers a prime investment opportunity in Nairobi’s thriving commercial landscape. Spanning 0.9 acres and featuring six warehouses, this property is meticulously designed to cater to diverse industrial needs while presenting significant potential for future expansion.
Key Features and Amenities:
Warehouse Facilities: Comprising six warehouses, each measuring approximately 4,500 square feet, the property provides expansive storage and operational space for industrial activities.
Yard Space for Expansion: Approximately 0.3 acres of yard space is available, offering ample room for future expansion or customization to accommodate evolving business requirements.
Leasehold Title Deed: The property boasts a secure tenure with a 99-year leasehold title deed from October 1985, ensuring long-term ownership stability.
Covered Parking Area: A covered parking area provides convenient parking facilities for employees, clients, and visitors, enhancing accessibility and convenience.
Steady Rental Income: Fully rented out with an income of approximately 1.2 million inclusive of VAT, the property offers a lucrative investment opportunity with a reliable stream of rental income.
Strategic Location: Positioned on the second-row plot from Mombasa Road, the property enjoys excellent visibility and accessibility, making it an ideal hub for industrial operations and logistics.
Infrastructure and Security: Cabro paved internal roads and parking areas ensure smooth vehicular movement within the premises, while a guardhouse and 24/7 security provide enhanced protection and peace of mind. Additionally, a perimeter wall and electric fence further fortify the property’s security measures.
Utility Connections: Connected to the council water and power lines, the property ensures uninterrupted access to essential utilities. Three-phase power connection and proximity to the transformer further enhance operational efficiency.
Functional Amenities: The property features wooden storage and office facilities, catering to administrative and operational needs. Additionally, the entire compound is connected to the mains sewer line, offering convenient waste management solutions.
Ideal for Storage: With its spacious warehouses and strategic location, the property is ideally suited for storage, distribution, manufacturing, and various industrial activities.
Truck Access and Turning Room: Ample turning room for trucks facilitates smooth loading and unloading operations, optimizing logistical processes and efficiency.
Price:
KES. 180 Million plus VAT
To arrange a viewing, WhatsApp Steve https://wa.me/254753444022
Please note that Coral Property International Ltd does not charge any fees for viewings.
