Please Wait....

0.9 Acre Industrial Property

Old Mombasa Road Nairobi

​PID: 5APTG

Industrial Property for sale Old Mombasa Road Nairobi - 0
4 icon
Industrial Property for sale Old Mombasa Road Nairobi - 1
4 icon
Industrial Property for sale Old Mombasa Road Nairobi - 2
4 icon
Industrial Property for sale Old Mombasa Road Nairobi - 3
4 icon
Industrial Property for sale Old Mombasa Road Nairobi - 0
Industrial Property for sale Old Mombasa Road Nairobi - 1
Industrial Property for sale Old Mombasa Road Nairobi - 2
Industrial Property for sale Old Mombasa Road Nairobi - 3

icon +25473*****view

icon +254735801077
Request Call back
Report Property

Key Features

icon Added 08 Apr 2024


Full Description

Situated along the bustling thoroughfare of Old Mombasa Road, this fully tenanted industrial property offers a prime investment opportunity in Nairobi’s thriving commercial landscape. Spanning 0.9 acres and featuring six warehouses, this property is meticulously designed to cater to diverse industrial needs while presenting significant potential for future expansion.

Key Features and Amenities:

Warehouse Facilities: Comprising six warehouses, each measuring approximately 4,500 square feet, the property provides expansive storage and operational space for industrial activities.

Yard Space for Expansion: Approximately 0.3 acres of yard space is available, offering ample room for future expansion or customization to accommodate evolving business requirements.

Leasehold Title Deed: The property boasts a secure tenure with a 99-year leasehold title deed from October 1985, ensuring long-term ownership stability.

Covered Parking Area: A covered parking area provides convenient parking facilities for employees, clients, and visitors, enhancing accessibility and convenience.

Steady Rental Income: Fully rented out with an income of approximately 1.2 million inclusive of VAT, the property offers a lucrative investment opportunity with a reliable stream of rental income.

Strategic Location: Positioned on the second-row plot from Mombasa Road, the property enjoys excellent visibility and accessibility, making it an ideal hub for industrial operations and logistics.

Infrastructure and Security: Cabro paved internal roads and parking areas ensure smooth vehicular movement within the premises, while a guardhouse and 24/7 security provide enhanced protection and peace of mind. Additionally, a perimeter wall and electric fence further fortify the property’s security measures.

Utility Connections: Connected to the council water and power lines, the property ensures uninterrupted access to essential utilities. Three-phase power connection and proximity to the transformer further enhance operational efficiency.

Functional Amenities: The property features wooden storage and office facilities, catering to administrative and operational needs. Additionally, the entire compound is connected to the mains sewer line, offering convenient waste management solutions.

Ideal for Storage: With its spacious warehouses and strategic location, the property is ideally suited for storage, distribution, manufacturing, and various industrial activities.

Truck Access and Turning Room: Ample turning room for trucks facilitates smooth loading and unloading operations, optimizing logistical processes and efficiency.

Price:

KES. 180 Million plus VAT

To arrange a viewing, WhatsApp Steve https://wa.me/ [redacted]
Disclaimer

This property consists of an advertisement by Coral Properties. PropertyPro only serves as a medium for the advertisement of this property.

PropertyPro is only communicating this property offer and is not responsible for selling the property. PropertyPro neither warrants nor is making any representations with respect to properties or offers listed on the site.

PropertyPro is only communicating this property offer and is not responsible for selling the property. PropertyPro neither warrants nor is making any representations with respect to properties or offers listed on the site.

Property descriptions and other information provided on our website are intended for information and marketing purposes and, although displayed in good faith, we will not in any circumstances accept responsibility for their inaccuracy.

The property adverts and listings on our website do not constitute property particulars; these should be available directly from the agent marketing the property on PropertyPro. It is the responsibility of prospective buyers/tenants to satisfy themselves as to the accuracy of any property descriptions displayed and the responsibility of agents to ensure the accuracy and integrity of property descriptions provided on our website.

PropertyPro shall not in any way be responsible for the individual actions of agents during relations with users, both off and on the PropertyPro website.

iconGet Latest Properties

Receive alerts when we have new properties available for Industrial Property for sale Old Mombasa Road Nairobi

Insight for Industrial Property for sale Old Mombasa Road Nairobi

MEDIAN PRICE

KSh180M

ENTRY PRICE

KSh68M

HIGH PRICE

KSh240M

Neighbourhood Guide

Surrounding Areas

Show More Show Less

Advanced Filter Options