Prime Land for Sale in Eastleigh, Nairobi with Redevelopment Potential
We are pleased to offer prime land for sale in Eastleigh, Nairobi, strategically located along Mohammed Yusuf Haji Avenue. Situated just 3 minutes from the bustling BBS Mall, this property presents an exceptional opportunity for both immediate development and long-term investment growth.
Key Investment Highlights for Land for Sale in Eastleigh:
- Size: Nearly an acre of undeveloped land, offering vast potential for residential or mixed-use development in the heart of Eastleigh.
- Prime Location: This land for sale in Eastleigh is positioned along a well-established road, just minutes from BBS Mall and easily accessible to essential amenities, public transport, and business hubs.
- Development Potential: The property provides significant redevelopment opportunities, whether you plan to build residential apartments, townhouses, or commercial spaces.
- Growth Area: Eastleigh is a high-demand and rapidly developing area, ensuring strong future capital appreciation for this land for sale in Eastleigh.
- Community Value: The land includes an on-site mosque, Masjid Noor, adding cultural and community value to the investment.
- Current Rental Income: The property currently houses 46 fully-occupied 3-bedroom apartments, each generating KES 55,000 per month. With a total of KES 2.5 million in monthly rental income, the property provides a 9% annual yield, offering immediate cash flow while you plan for redevelopment.
Additional Development Opportunities:
- Vertical Expansion: The existing building allows for the addition of more floors, increasing the development capacity of the land for sale in Eastleigh.
- Mixed-Use Possibilities: The location supports mixed-use development, allowing you to combine residential, commercial, and retail spaces for a diversified investment strategy.
This land for sale in Eastleigh offers an exceptional opportunity to invest in one of Nairobi’s most sought-after areas, with strong immediate returns and significant long-term capital growth potential.
Price: KES 345 Million
View more of our listings.
Follow us for more frequent posts on Instagram.