1.8 ac Land at Statehouse Road

Prime 1.8-Acre Redevelopment Opportunity | State House Road, Kilimani Discover an unparalleled investment opportunity in the heart of Nairobi’s most prestigious and secure node. Located along State House Road in Kilimani, this expansive 1.8-acre parcel offers a rare blend of immediate rental income and limitless redevelopment potential. With no zoning restrictions, this property is a blank canvas for a visionary developer looking to capitalize on one of the city’s most sought-after addresses. Key Property Highlights Size: 1.8 Acres of prime, flat land. Location: Situated on State House Road, Kilimani—offering elite security and high-profile neighboring addresses. Utility Advantage: Features a direct water connection from State House, guaranteeing zero water outages—a massive value-add in Nairobi. Infrastructure: Electricity is already on-site and fully operational. Current Income: The property hosts 6 existing apartments. Currently, 5 units are let at Ksh 120,000 per month each, providing a steady holding income of Ksh 600,000 monthly while you finalize your development plans. Development Potential This land is free of any development restrictions, making it ideal for: Luxury High-Rise Apartments: Capitalize on the high demand for premium residential space in Kilimani. Commercial Office Hub: Perfect for a corporate headquarters or a modern business park. Mixed-Use Development: A combination of retail, office, and residential tiers. Hospitality: A boutique hotel or serviced apartments catering to diplomatic and high-end clientele. Why This Property? Location is everything. By securing this site on State House Road, you are investing in a "blue-chip" location that offers unmatched accessibility to the CBD, Westlands, and Lavington. The reliable utility supply and the absence of restrictions ensure a smooth transition from the current residential setup to a landmark architectural project. Price: 900 Million Tenure: [Insert Tenure - e.g., Freehold/Leasehold] Schedule a Private Viewing Don’t miss out on one of the last remaining large-scale plots in this area. Contact us today to arrange a site visit and review the title documents.