Property Description
An exceptional investment opportunity with these fully tenanted warehouses, strategically situated on Mombasa Road. With a leasehold tenure of 99 years from 1987, substantial rental income, and a range of desirable features, this property presents an enticing prospect for astute investors.
Key Features:
Monthly Rental Income:
Godown 3&4: KES 352,0170.00 +VAT
Godown 5: KES 250,415.00 +VAT
Projected :
Godown 1&2: KES 1,050,000.00 + VAT
Total Projected Monthly Rental Income:
KES 1,652,621.00 + VAT
- Land Size: Spanning approximately 1.435 acres (0.5805 hectares), this expansive property offers ample space for current operations and potential future expansion.
- Warehouse Space: Comprising a total of 35,525 square feet spread across five warehouses—two measuring 10,200 square feet each and 2 warehouses totaling to 9,300 sqft and the last warehouse of 5,825 sqft—this property provides versatile storage solutions to accommodate various business needs.
- Office Facilities: Each warehouse features a 2-storey office block complete with kitchen facilities and toilets, providing a comfortable and efficient workspace for administrative tasks.
- Cooling and Insulation: All warehouses are equipped with cooling cyclones and insulated roofs, ensuring optimal conditions for stored goods and operational efficiency.
- Paved Yard Space: Enjoy 32,000 square feet of cabro-paved yard space, facilitating smooth vehicular movement, loading/unloading operations, and outdoor storage.
- Staff Amenities: External toilet/bathroom blocks comprising two blocks of 4 toilets and 4 bathrooms ensure convenience for staff members. Additionally, external staff quarters with two bedrooms and a kitchen offer comfortable living accommodations.
- Security Features: Controlled access is provided via three gates— one on Masai Road and two on ICD main road—each equipped with individual guard houses. Further enhancing security, an electric fence along the perimeter wall and warehouse roof ensures peace of mind.
- Water Storage: A 50,000-liter concrete tower storage water tank ensures reliable water supply for various operational needs.
Price: KES. 270 Million +VAT
Disclaimer:
“This listing includes a curated selection of property images, some of which have been edited for clarity or presentation purposes. To schedule an in-person viewing, kindly contact the designated agent. We look forward to assisting you.”
Please note that Coral Property International Ltd does not charge any fees for viewings.
