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

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. 300 Million + VAT
*Negotiable

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