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Kayole-Obama Commercial Building For Sale-3.95M-277

From 4.0 M /= / Negotiable
Buy

277

Property ID

150 m2

Size

10

Bedrooms

5

Bathrooms

Description

Looking to invest in a commercial property?

Owner relocating and selling this incomplete two-story mixed-use commercial building with the ground floor currently rented to 5 long-term Tenants.

  • This is a mixed-use building combining commercial and residential spaces that is between two roads and has a dual frontage in a high traffic location.
  • Although incomplete buy the building and collect rent from ground floor shop tenants from day 1.
  • complete the remaining 4 floors to create a dream commercial property with up to 11% projected rental yields.

Ground Floor-5 Shops 150m2

    • 5 large(30m2) rented shops comprising a Supermarket, Saloon, Bar, and Restaurant accessed from the south road completed in 2014
    • Redesign this floor to double the existing income.
      • For example, on the ground floor, the 5 very large (each 30m2) commercial units with one frontage could be easily repartitioned into 10 units smaller units (each 15m2) that will take advantage of the building’s dual frontage and access from two roads.

First Floor

    • Incomplete floor (60% Complete) at slab level with 10 large bedsitters sharing washrooms.
    • You could redesign the floor to create ten (10) 1 Bedroom Self Contained units 

Why buy this amazing Kayole-Obama commercial building

  1. Unique freestanding 2 story office building perfect for Owner/User or Investor.
  2. Potential for a diversified income stream from up to 50 diversified tenants (5 floors)
  3. Location, Location, Location in a high traffic/demand location near a major intersection/roads.
  4. Ready customers and anchor tenants.
  5. Fantastic Commercial Building

LOCATION AND NEIGHBOURHOOD

Address

Address: Obama Estate, Nairobi, Kenya
  • Country: Kenya
  • Province / State: Nairobi
  • City / Town: Nairobi
  • Neighborhood: Kayole-Obama
Open on Google Maps

Gated Community

Water

Electricity

Near Major Roads

COMMON AMENITIES

Mini Supermarket

Coffee Shop

Shop Spaces

High-pressure water supply system Lobby

Get Directions

Nearby Places

Walk Score

Contact

Ken Mohochy MBA

Property Agent
+254779830051
+254719830051
mohochi@mylibertyhome.co.ke
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