Land
Property description & features
- 2.84 acres
- Suburban
This is an exceptional property with substantial redevelopment opportunities. It is set on approx. 2.84 acres (1.149 ha) with approx. 126m of road frontage to Dagoretti Road. The property is currently developed with various permanent and semi-permanent buildings. These are leased to 7 tenants operating small businesses, including a restaurant and art galleries. The property will be purchased in a state of vacant possession and it holds a user for hotel purposes.
The property gradually slopes to the Southeast and it consists of both red and black cotton soils. It is trapezoidal in shape and has mature trees. The property is secured by a stone boundary wall on the Southeastern side and a hedge, reinforced by mesh wire, on three sides.
The subject property is located along Dagoretti Road and can be eaily accessed from Dagoretti Road, Ngong Road and Langata Road, with the Southern Bypass minutes away. The property is opposite the Hub Mall and next door to Car Max East Africa, subsequently it is well placed for either commercial, hospitality or mixed-use development. Other nearby commercial centers include, Africa Reit, the Watermark, Crossroads Shopping Mall and the Waterfront Mall. Neighbouring hotels and lodges include Karen Country Lodge, Acacia Tree Lodge, the cottages at Karen Blixen Coffee Garden and Hemingways.
Property information from this agent
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