Property Description
APPROXIMATELY 2.7 ACRES INDUSTRIAL PROPERTY FOR SALE OFF ENTERPRISE ROAD.
This impressive industrial property features approximately 115,000 square feet of built-up space, comprising a harmonious blend of warehouses and offices. With essential amenities and substantial income potential, this strategically located property in the vibrant Industrial Area off Enterprise Road presents a unique investment opportunity.
Key Features and Amenities:
Spacious Layout: Offering around 115,000 sqft of versatile built-up space, accommodating diverse business requirements.
Warehouses and Offices: Seamlessly integrating warehouses and office spaces, ensuring operational flexibility.
Sanitary Facilities: Equipped with ladies’ and gents’ washrooms and convenient kitchenettes for employee comfort.
Utility Connectivity: Seamlessly connected to the main sewer line, three-phase power grid, and water supply, facilitating daily operations.
Income Potential: Currently generating an income of 3.8 million, with the potential to reach 4.2 million per month when fully occupied.
High Occupancy: Presently, 90% of the property is rented out, ensuring consistent rental income.
Strategic Location: Positioned in the bustling Industrial Area off Enterprise Road, ensuring excellent accessibility.
Historical Value: Constructed in 1991, this property boasts a legacy of quality construction and durability.
Title Deed: Features a leasehold title deed with a remarkable 99-year lease term starting from 1984, providing a secure legal foundation.
Goods Hoist Shaft: Three warehouses come equipped with goods hoist shafts, enhancing logistical efficiency.
Multiple Warehouses: A total of 10 warehouses offer a wide range of storage solutions.
Customs Bonded Warehouse: The property includes a customs bonded warehouse, perfect for import and export activities.
Price: KES. 450 million plus VAT (Negotiable)
To arrange a viewing, WhatsApp Steve https://wa.me/254753444022
Please note that Coral Property International Ltd does not charge any fees for viewings.
