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3506 m² commercial building

Nairobi CBD Nairobi

​PID: 9APYS

Houses for sale Nairobi CBD Nairobi - 0
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Houses for sale Nairobi CBD Nairobi - 1
Houses for sale Nairobi CBD Nairobi - 2

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Key Features

icon Added 15 Apr 2024


Full Description

Prime Investment Opportunity in the CBD
The property is situated in a prominent position within the Nairobi CBD at
the junction of Tom Mboya Street and Hakati Road. Notable establishments in
the immediate neighborhood includes The KICC, Times Tower, Cooperative
House, National Bank House, Development House, Kencom House, the
Nairobi's main bus station and the railway station among others.
The property has frontage to Tom Mboya Street and Hakati Road. Due to
its strategic location along Hakati Road, the building is exposed to high
footfall traffic and excellent prominence. The property enjoys a strong demand
for retail and office space from both big retailers and small exhibition stall
operators – mainly dealing in fast food, fashion, and electronics.
In addition, the exceptional and central location offers easy access to most
business districts of the City.
Tom Mboya Street is a busy commercial thoroughfare linking Haile Selassie
Avenue and Murang'a Road within Nairobi's Central Business District. The
neighborhood is dominated by a stretch of high-rise mixed-use commercial
buildings.

This is a mixed-use, six-story commercial building with a total lettable area
measuring circa 29,300 sq ft. The building was substantially renovated in
2016 and comprises retail spaces on the lower floors and offices on the upper
floors. One of the prominent retailers in the building is Bata Shoe Company.
Ancillary structures within the demised property include a generator block
and two ablution blocks. One passenger lift is in place to facilitate access
to the upper floors CCTV cameras have been installed and placed at
vantage points on each floor and a security room is situated on the 1st floor.
The mains water supply is connected to the property and an underground water
storage tank with a capacity of 70,000 liters has been installed. Additionally,
another water storage tank on the rooftop with a capacity of 36,000 liters
has been installed.
Main electricity services are connected to the property. This has been
supplemented by a 232 KVA backup generator and the drainage is to the mains
sewer. Solar rooftop panels have been installed to support the common area
power consumption.
Disclaimer

This property consists of an advertisement by PAM GOLDINGS 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

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