Eastleigh : 50 X 100 (Eighth Acre) Plot

As the exclusive listing agent, Zyve Africa Realty is pleased to present the opportunity to acquire a prime 0.125 acre /  50 X 100  /  Eighth acre commercial development plot situated along the busy , highly sought after Eastleigh 12^th Street.

This site encompasses a two storey mixed use old building ideal for demolition and development of modern highrise commercial or mixed use real estate.

It is conveniently located just a quarter mile away from Huduma Centre Eastleigh, Kilimanjaro Food, Eastleigh, 12^th Street Masjid,  as well as numerous restaurants and shops.

Currently, the property features approximately 14,000 Sq. Ft. of commercial and residential space, with tenants on short-term leases, providing an income stream while navigating the entitlement process.

Furthermore, the ground floor commercial space presents an attractive prospect for an operator or value-add investor, as it offers the potential for adaptive reuse and enhancement of rental income to market rates.

The property use and zoning allows for versatile residential and mixed-use development with varying density.

The maximum allowable building area on the plots is beacon-to-beacon allowing maximum utilization of the land resource for maximum returns on investment.

Additionally, due to the property’s proximity to the Huduma Center, 12^th street Masjid, Eastleigh Second Avenue, Equity Bank Eastleigh Branch, KCB Bank Eastleigh Branch, many modern highrise lodges,  there are advantages such as transport and service oriented development benefits occasioned by the strategic services provided in the vicinity.

Schedule a visit with us, Zyve Africa Realty, to appreciate the immeasurable potential of the property.

Price : Kes 135m