1. Nov, 08:41
Ad ID 3565770
KSh 600,000,000

commercial land for sale in Waiyaki Way

Westlands Nairobi
Details
Amenities
  • Balcony
  • Borehole
  • CCTV
  • Garden
  • Gym
  • Parking Bay
  • Scenic View
  • Serviced
  • Swimming Pool
  • Wheelchair friendly
  • Bus Stop
  • Hospital
  • School
  • Staff Quarters
Description

This is a ¾ acre rectangular, almost level commercial user property which is very ideally located on the Waiyaki Way. There is a 4 – bedroom stand-alone house on the property which has large double lounges, dining room, kitchen with built-in laundry area, carport for 2 cars and large parking areas. In addition, there is a 3 – room domestic servants quarters with all ancillary facilities.

It is lies on the junction of cul-de-sac (which is as long as the plot itself) Waiyaki Way. The Express Way and the Bus Rapid Transit (BRT) construction contract for which is currently under construction and is expected to be completed by December, 2021. This new development will greatly enhance the property’s value and potential. Plans prepared in 2011 showed that it would be possible to construct 3 levels of basements which could be naturally ventilated, with possibility to construct additional levels if required. Each of the basements can provide up to 110 parking spaces with further parking that can be provided at the ground level.

The resent feasibility study for the property which has identified three (3) developments for which the property’s location are best suited. These are:
• Commercial development in two towers comprising very high level office development to address needs of diplomatic needs and corporate requirements,
• Mixed development in two towers comprising showrooms and banking halls on the ground floor, restaurants on the first floor and self-contained office suites varying in sizes from 280 to 1,300 square metres for the next 20 to 30 floors including penthouse office suites,

  1. As an option the showrooms and banking halls development could be substituted by a Shopping Mall,
  2. The two towers of office suites can be substituted by two towers of executive apartment development or
  3. Of the two towers, one tower can be an office development and the other can be an executive apartment development,
    • A 5 – star tourist hotel with conference facilities. There is no suitable hotel accommodation after Westlands Shopping Centre and a tourist hotel facility of the sort would do well.
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NIXON ONDWATT
Member Since 12. May
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