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Eight-Storey CBD Office Tower — Ronald Ngala Street, Nairobi - photo 1
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ksh420,000,000

Eight-Storey CBD Office Tower — Ronald Ngala Street, Nairobi

Commercial Land

Nairobi, CBD, Nairobi, Nairobi, Kenya

0 Beds
0 Bath

House Details

When scale, location and income converge in a single asset, the investment case writes itself. This is that asset. Positioned on Ronald Ngala Street, 415 metres off Moi Avenue in the heart of Nairobi's Central Business District, this eight-storey commercial tower represents one of the most substantial commercial acquisitions currently available in East Africa's premier business capital. The building comprises two basement levels, ground floor, mezzanine and four upper floors — delivering a total lettable area of 57,329 sq.ft of premium office and commercial space. It is fully tenanted by a diversified mix of retail operators, corporates and learning institutions, generating KES 36.8 Million in annual income at 100% occupancy. Leasehold title: LR. NO 209/2300. 0.23 acres. Commercial zoning. Rectangular plot. All services connected including electricity, water, sewer and fibre. Onsite optical fibre from Safaricom. Building in excellent condition with exceptional amenities. For the growth-oriented investor: the building has capacity for additional floors — a clear value-add path beyond the existing income stream. At KES 420 Million for nearly 60,000 sq.ft in a CBD location, the price per square foot benchmarks favourably against comparable assets in Lagos, Accra or Johannesburg — with the added advantage of Nairobi's political stability, growing tech economy and East African gateway status. Listing agent: Laser Property Services · CPF Financial Services Group, Nairobi

Property Details

Building Size

57329.71 sqft

Exterior Size

Not specified

House Number

Not specified

Apartment

Location And Address

Country

Kenya

State

Nairobi

City

Nairobi

Address

Nairobi, CBD

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Nairobi, CBD

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