Prime Office Block for Sale in Karen – Nyumba Bora

July 12, 2024

Property Description

Location: NYUMBA BORA Building, Karen Road, Karen
Asking Price: KES 75 Million (Negotiable)

This prime office block is strategically situated along Karen Road, directly opposite The Waterfront Mall. It boasts a total floor area of 6,460 sqft spread across two floors – ground and first.

Key Features

  • 100% Occupancy Level: Generates a monthly rental income of KES 600,000.
  • Elegant Office Spaces: Spacious and tastefully designed.
  • Ground Floor Amenities: Includes a store/kitchen and washrooms for gents and ladies.
  • First Floor Amenities: Washrooms for gents and ladies.
  • Utilities: Equipped with an underground tank and automatic pump.
  • Connectivity: Safaricom fiber ready.
  • Parking: Front and back parking areas.
  • Accessibility: Spacious corridors and staircases.

The property is situated on prime land (1/8 acre) and holds immense potential for further development. By adding two more floors using precast concrete technology or EPS, the monthly rental income can be increased to approximately KES 1.5 million. One of the new floors can be dedicated to a restaurant with a flat roof, offering an open terrace that provides a relaxing environment and stunning views of Karen and Ngong Hills.

Contact Information
For more details or to express your interest, please contact:
Email: [email protected]
Phone: +254 721 844008 / +254 786 844008

 

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