PRIME COMMERCIAL PROPERTY (FIVE - STOREY BUILDING) FOR SALE BY PUBLIC AUCTION SITUATED ALONG TOM MBOYA STREET, NAIROBI CITY COUNTY.
Auction Date
October 11, 2024
Guide Price (KES)
200,000,000
TITLE NO. L.R. NO. 209/1817 -TOM MBOYA STREET, NAIROBI CITY COUNTY.
SITUATION: The property is located along Tom Mboya Street within Nairobi City’s Central Business District. It lies directly opposite Gill House and is sandwiched between Hermes House and Hotel Mercury.
AREA: The plot extends to 0.0312 of a hectare equivalent to 0.07714 of an acre approximately.
TENURE: The title is held on a Leasehold Interest for the remainder of a term of 44 years with effect from 28/10/1998 at an annual rent of Kshs. 84,780/-.
IMPROVEMENTS: DEVELOPED THEREIN IS A FIVE-STOREY RETAIL SHOPS CUM HOTEL BLOCK WITH ONE MEZZANINE LEVEL.
SERVICES: All main services are connected to the property. Surplus water is stored in an underground tank of 60,000.00 litre capacity. Firefighting equipment is provided at each floor level. 24-Hour CCTV surveillance is also provided.