Positioned in the prestigious Milimani area of Nairobi, just approximately 2 kilometres from the Central Business District, this exceptional hospitality asset presents a rare opportunity to acquire a fully established hotel and serviced apartment complex in one of the city's most strategic commercial and residential locations.
Occupying approximately 2.032 acres of prime land, the property is surrounded by leading hotels, serviced apartments, office developments, government institutions, and corporate headquarters, making it ideally suited for continued hospitality operations, corporate accommodation, mixed-use redevelopment, or institutional investment.
With extensive built-up facilities, multiple revenue streams, and a highly accessible location, this property offers significant long-term investment value in Nairobi's thriving hospitality and real estate market.
Property Overview
* Prime hospitality and accommodation investment
* Located in Nairobi Milimani
* Approximately 2 km from Nairobi CBD
* Land size: 2.032 acres
* Leasehold tenure (50 years from 1st August 2006)
* Established hotel and serviced apartment complex
* Strategic location within Nairobi's hospitality and commercial corridor
Development Components
Main Hotel Block
* Approximate built-up area: **30,450 sq. ft.**
* Guest accommodation facilities
* Reception and hospitality spaces
* Hotel operational facilities
Conference & Events Block
* Approximate built-up area: **9,700 sq. ft.**
* Conference and meeting facilities
* Corporate event hosting potential
Apartment Complex
* Total of 56 serviced apartments
* Multiple apartment blocks providing accommodation and rental income opportunities
Additional Facilities
* Swimming pool – approximately 843 sq. ft.
* Barbecue and entertainment block – approximately 200 sq. ft.
* Gatehouse and security facilities – approximately 100 sq. ft.
Total Built-Up Area
Approx. 89,390 sq. ft
Investment Highlights
* Prime Milimani location near Nairobi CBD
* Established hospitality and accommodation asset
* Multiple income-generating components
* 56 serviced apartments offering diversified revenue streams
* Conference and events facilities
* Large land parcel with redevelopment potential
* Strong demand from corporate, government, diplomatic, and hospitality sectors
* Rare large-scale hospitality acquisition opportunity within Nairobi
Location Advantages
Milimani remains one of Nairobi's most strategic investment zones due to its proximity to:
* Nairobi CBD
* Government offices and institutions
* Major corporate headquarters
* Leading hospitals
* Hotels and serviced apartments
* Commercial developments
* Transport links and key road networks
* Business and conference destinations
Why This Property Stands Out
* Prime hospitality asset in a high-demand location
* Over 89,000 sq. ft. of improvements
* Large 2.032-acre landholding
* Existing operational infrastructure
* Significant redevelopment and repositioning potential
* Multiple revenue streams from hotel, apartments, and conference facilities
* Strategic location minutes from Nairobi CBD
Asking Price:
KES 1.8 Billion
Ideal For
* Hotel operators
* Hospitality investment groups
* Real estate investment funds
* Institutional investors
* Mixed-use developers
* Corporate accommodation providers
* International hospitality brands
📞 Contact Milele Homes today to arrange a private site visit and access further investment information.
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