The property is a fantastic development site held under one leasehold title comprising the following:
•LR No. 209/13554, 0.9 acres, one leasehold title with approximately 81 years unexpired
•The city council water, mains electricity and sewage are available for connection within the immediate neighbourhood
•Approved commercial user has been granted
•Approximately 90 metres of road frontage onto Upperhill Road. The proposed expansion
of Upperhill road will offer great visibility to the site for a major HQ office, hotel or mixed -use development
The property is located in the heart of Upper Hill with immediate access on to Upper Hill Road,close to its junction with Elgon Road.
The construction of Elgon Road, Mara Road and Hospital Road into dual carriageways is now
complete, making the site very accessible both within Upper Hill but also providing new faster access to and from the area which will help ease congestion. There is a planned expansion of Upperhill Road which will allow better access to the major corporate HQ’s located there and reinforce
Upper Hill as a major office location.
UpperHill is considered one of the prime commercial districts within Nairobi. The following major financial institutions, multinationals and insurance firms all have their headquarters in close
proximity to the site; KCB Plaza, Equity Bank, CitiBank, Victoria Commercial Bank, World Bank, Coca Cola, International Finance Corporation, World Health Organisation, CBA Bank, Old Mutual, UAP
Other buildings, hotels and organizations in close proximity to the site include; UAP Tower, Britam Tower, Japan Embassy, Oxford University Press East Africa, GEOPMAPs, Corporate Business Centre and Renaissance Corporate Park. Major international hotel brands such as the Crown Plaza and the new Radisson Blu are in close proximity to the site confirming this location as a major corporate/business hub.
The development potential of the site is considerable and the excellent location makes this one of the best sites available in Upper Hill. This offers a unique opportunity to develop a world class scheme with office, retail, hotel and residential uses.The prominence of the location lends the site
well to construct a regional headquarter building for a major corporation
Price: Kshs. 470M