Building For Sale In Nairobi CBD

Property Overview:

• Location: Nairobi Central Business District
• Asking Price: 3.6 Billion Kenya Shillings
• Current Monthly Income: 30 Million Kenya Shillings
• Annual Gross Income: 360 Million Kenya Shillings
• Current Building Height: 7 floors
• Approved Building Height: Up to 18 floors
• Development Rights: Full rights for design, development, and disposal up to the 18th floor

Key Features:

Strategic Location
The building is situated in one of Nairobi’s most prestigious and well-connected areas. It benefits from high visibility, easy access, and proximity to major banks, government offices, and commercial centers.

Secure Investment
The property is charged to a bank, providing confidence in title and legal standing for serious buyers.

Expansion Potential
Although only seven floors are currently built, the foundation and approvals allow for expansion up to eighteen floors. This provides significant opportunity to increase the value of the asset over time through phased development.

Flexible Use Across Floors
The building has full 3D rights for all eighteen floors, giving future owners complete freedom to redevelop or repurpose the space according to their business needs.

Hotel-Ready Upper Floors
The top six floors have already been approved for hotel use and can include features such as a restaurant, swimming pool, gym, and spa. Alternatively, these floors may be converted into office space depending on the buyer’s preference.

Why Invest in This Property?

Strong and consistent rental income with room for improvement
Opportunity to expand vertically and significantly increase asset value
Located in a premium Nairobi location with high demand for commercial space
Secure documentation and registered charge with a financial institution
Flexible usage options across all floors to suit various business models

Potential Development Options:

A mixed-use tower combining office, retail, and hospitality
Upscale hotel or serviced apartment block using existing approvals
Premium office space for corporate tenants or co-working facilities
Banking halls, luxury retail, or entertainment centers