Fully Tenanted, Edge Certified, Prime Commercial Building for Sale in Nairobi Cbd.

KES 500 Million (Slightly Negotiable)

Property Description

An exceptional investment opportunity in the heart of Nairobi’s Central Business District (CBD), the largest city in the East African region. This six-story commercial building, fully occupied at 100% occupancy, offers a range of features and certifications that make it a highly attractive and lucrative property.

Key Features and Amenities:

Strategic CBD Location: Situated in the bustling Nairobi CBD, providing unparalleled access to business opportunities.

Full Occupancy: This six-story building is fully tenanted, ensuring a steady stream of rental income.

Corner Plot: Occupies a corner plot measuring 0.1656 acres, maximizing visibility and accessibility.

Size and Efficiency: Boasts a built-up area of 37,741 sqft and a lettable area of 29,300 sqft, maximizing rental potential.

IFC Edge Certification: The property has received the prestigious IFC Edge Certification, highlighting its commitment to sustainability.

Leasehold Title: Holds a leasehold title deed of 50 years with effect from 1st March 1999, with an annual revisable ground rent of KES. 230,000.

Recent Renovation: Renovated in 2016, ensuring modern infrastructure and aesthetics.
Infrastructure: Equipped with a lift, concrete staircase, and two fire emergency exits for safety.

Power Supply: Features a 232 KVA generator, solar rooftop panels, and connection to the main KPLC power grid, ensuring uninterrupted electricity supply.

Strong Income: Boasts a net annual operating income of approximately KES. 45 Million, making it a financially sound investment.

Prime Location: Fronts two busy roads within the CBD and offers potential for redevelopment to match nearby buildings with larger lettable areas.

Water and Sewer: Equipped with underground and overhead water storage tanks, connected to the council water and sewer lines.

Accessibility: Located in close proximity to the main bus stops, providing convenience for tenants and customers.

Delivery Convenience: Features pedestrian access and a large gate at the backside for delivery trucks.

Well-Lit Spaces: All spaces within the building are well-lit, creating a welcoming environment.

Amenities: Each floor has separate washrooms for ladies and gents, as well as a shared kitchenette.

Price: KES. 500 million (Slightly Negotiable)

To arrange a viewing, WhatsApp Mandela https://wa.me/254787333662

Please note that Coral Property International Ltd does not charge any fees for viewings.

Property Id : 134265
Price: KES 500 Million (Slightly Negotiable)
Custom ID: 30362723

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Mandela Nyachae