Property Description
A prime plot located at the heart of Nairobi CBD. Spanning 0.0526 acres, this rectangular and gently sloping plot comes with an existing three-storey building, with ground retail units and a residential unit on the top floor. The building is partially owner occupied and partially leased out.
The existing structure can be strategically renovated to provide for more efficient lettable areas for increased rental income. There is also the option to demolish the building, offering a blank canvas for the construction of a larger and more modern structure that suits your specific needs and vision.
Benefit from the convenience of being connected to the main water, sewer, and power lines, ensuring seamless utility services for your future development. The strategic location places the property approximately 200 meters away from the Koja bus station, providing excellent connectivity and easy access for employees and customers alike.
The property holds a leasehold title deed of 50 years from 1st June 2000, offering a secure and stable investment opportunity.
The potential annual ground rent is approx KES. 5m.
Asking Price: P.O.A
To arrange a viewing, WhatsApp Mandela https://wa.me/254787333662
Please note that Coral Property International Ltd does not charge any fees for viewings.
