5 ac Land at Kilimani

KSh 1,500,000,000

Kilimani, Kilimani, Kilimani

Size:

5 ac

Report

Land Description

Prime 5-Acre Redevelopment Land for Sale – A long Kilimani ring road Nairobi Presenting a rare investment opportunity in one of Nairobi’s most coveted addresses — Kilimani. This expansive 5-acre parcel offers unmatched potential for large-scale residential or mixed-use development within a high-demand urban hub. Property Overview: Location: Central Kilimani, Nairobi Size: 5 Acres Price: 300M per acre Tenure: Freehold Topography: Flat, well-drained red soil — ideal for high-rise construction and reduced foundation costs Key Highlights: Strategically located near Yaya Centre, Adlife Plaza, and The Nairobi Hospital Zoned for high-density development — approvals allow up to 15–20 floors (per NCC guidelines) Fully serviced with 3-phase power, borehole, and connection to municipal sewer Excellent access via Kilimani Ring Road, Ngong road Surrounded by premium residential and commercial developments Investment Potential: Ideal for luxury apartments, serviced suites, or a mixed-use flagship project Current gross rental yields for 1–2 bedroom units in Kilimani range between 9% and 12% Strong capital appreciation (estimated 7–11% annually), driven by land scarcity and urban densification trends