+254 785 272000
+254 785 272000

Brand New 30,000 Sq.ft Mall On 0.25 Acre Plot 1st Parklands Avenue For Sale

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Brand New 30,000 Sq.ft Mall On 0.25 Acre Plot 1st Parklands Avenue For Sale

Brand New 30,000 Sq.ft Mall On 0.25 Acre Plot 1st Parklands Avenue For Sale

1st Parklands Avenue, Nairobi Kenya

Property For Sale In Kenya

Ksh.250,000,000 Plus VAT

Property ID :

 AP-11478-22

Garage
40
Area
30000 Sq. Ft

Description

This is a recently built brand new Mini Mall on 1st Avenue Parklands, very near MP Shah & Avenue Hospital.

Features:

  • Plot size is 0.25 acres
  • Total built up area of the Mall is 30,000 sq ft, (including the Shops, Terraces, CCTV/Internet room, KAPS Office, Guards Room, Garbage collection room, Store & Basement Parking)
  • Lettable space (13 units) – carpet area is 12,104 sq ft
  • Projected rental income is Kshs 2.5 million + VAT, per month
  • Title already converted under ARDHISASA. Lease valid for 42 years from 2024
  • Total parking available is for 40 cars (Basement + Overhead)
  • FUJI Lift installed, serving Basement,Mezzanine, Ground and First Floors
  • 90 KVA Generator for Lifts and Common Area Lighting
  • CCTV cameras installed for good security
  • KAPS parking system installed
  • IDEAL INVESTMENT property

There are already 4 tenants willing to rent, BUT if the buyer wants a fully vacant Mall, it can be arranged.

Asking Sale Price: Ksh. 250 Million + VAT
*Not Negotiable

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Njari Francis