Price: Price
– USD 520,000 per acre (Total: USD 4,591,600)
Key Features:
Strategic Location – Easy access to major business hubs & transport links
Existing Income-Generating Property – 8 apartment blocks (108 units), workers’ quarters & secure gated community
Lease – 99-year lease (26 years remaining, renewable)
Ample Development Potential – Business center, mixed-use complex, luxury hotel, or medical facility
High-Demand Area Near Upperhill – Surrounded by Nairobi’s financial, medical & hospitality hotspots!
Revenue Streams:
Rental income from apartments
Parking fees
Billboard advertising
Strategic Location & Income-Generating Potential
Located near Upper Hill, this property is surrounded by financial, medical, and hospitality hotspots, ensuring high demand for future developments. It currently features 8 apartment blocks (108 units), workers' quarters, and a secure gated community, providing an existing revenue stream.
Exceptional Development Opportunities
With a 99-year lease (26 years remaining, renewable), this land is perfect for a business center, mixed-use complex, luxury hotel, or medical facility. The USD 520,000 per acre price presents a competitive opportunity for serious investors.
Multiple Revenue Streams & Long-Term Growth
✔️ Rental income from existing apartments
✔️ Parking fees for residents and businesses
✔️ Billboard advertising opportunities
