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Approximately 1.5 Acre Industrial Complex

Mombasa Road Nairobi

​PID: 2AQAE

Commercial Properties for sale Mombasa Road Nairobi - 0
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Commercial Properties for sale Mombasa Road Nairobi - 0

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Key Features

icon Added 16 Apr 2024


Full 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 1&2: KES 895,230.00
Godown 5: KES 276,689.00
Godown 3&4: KES 380,016.00
Total Monthly Rental Income: KES 1,551,935.00
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 33,000 square feet spread across five warehouses—two measuring 9,000 square feet each and three spanning 5,000 square feet each—this property provides versatile storage solutions to accommodate various business needs.

Office Facilities: Each warehouse features a 2-storey office block covering 5,400 square feet, 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. 400 Million

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.

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MEDIAN PRICE

KSh157M

ENTRY PRICE

KSh45M

HIGH PRICE

KSh400M

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