5.000 For Sale In Nairobi

Nairobi

KES 4,500,000,000

Description

  • The property is partially developed with a redundant tannery and lies within Zone 17 of the
    Nairobi City County Government Planning Regulations where Industrial, Commercial and Residential developments are allowed with a ground coverage of 50% and a plot ratio of 100%, ground coverage of 50% and a plot ratio of 100% and ground coverage of 50% and a plot ratio of 75% respectively.

    Tenure:
    The property is held under two leasehold titles for a term of 99 years from 1954 (34 years unexpired) from the Government of Kenya.

    Planning:
    The permitted user according to the title documents is a tannery however, the location is ideal for a higher density commercial development. With proximity to the densely populated residential areas of Githurai, Zimmerman, Mirema, Kahawa West, Kamiti Corner, Jacaranda Estate and Roysambu ensures a mixed use development incorporating, residential, hospitality, institutional and retail would be viable subject to approvals from the relevant government authorities.
    The property is situated in Zimmerman/ Githurai, one of the most densely populated areas along Nairobi Thika Superhighway. The site is served by a good transport network as it fronts Kamiti Road and is only one kilometre from the Northern By pass and 2 km from the Super highway making it a highly sought after location for mixed use development.
    •  

Plan

5.000
Listing Date : 17, Jun 2022

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