Prime 0.88-ACRE Development Plot For Sale – Kileleshwa

PRIME 0.88-ACRE DEVELOPMENT PLOT FOR SALE – KILELESHWA An Exceptional Investment Opportunity with Immediate Rental Income Step into luxury real estate development with this exceptional 0.88-acre plot in prestigious Kileleshwa, overlooking The Kenya High School and offering unobstructed views. The property features four townhouses, each with a beautiful private garden, currently generating rental income of KSh 350,000 per unit per month. This provides the buyer with an attractive opportunity to earn rental income while planning and securing approvals for future redevelopment. Total Monthly Rental Income: KSh 1.4 Million Ideal for high-end residential apartments of up to 30 floors, subject to planning approval, this prime parcel presents an outstanding opportunity for developers and investors seeking to establish a landmark residential development in one of Nairobi’s sought-after neighbourhoods. Enjoy convenient access to top schools, shopping malls, major roads, and essential amenities, making this property an attractive prospect for a premium residential project. Key Property Highlights - Land Size: 0.88 acres - Location: Prime Kileleshwa, Nairobi - Views: Unobstructed views overlooking The Kenya High School - Existing Improvements: Four townhouses, each with a private garden - Current Rental Income: KSh 350,000 per townhouse per month - Total Monthly Rental Income: KSh 1,400,000 - Annual Rental Income: KSh 16,800,000, before expenses and vacancies - Development Potential: High-rise residential apartments of up to 30 floors, subject to relevant planning and statutory approvals - Investment Advantage: Immediate rental income while planning future redevelopment A Rare Opportunity for Developers and Investors Secure prime development land in Kileleshwa, enjoy income from the existing townhouses, and explore the potential to transform the property into a prestigious high-rise residential address. Serious developers and investors are invited to enquire for the asking price, further details, and viewing arrangements.