Commercial Property on Jamhuri Crescent Ngong Road – For Sale

Commercial Property on Jamhuri Crescent, Ngong Road — For Sale

Overview

Discover a rare commercial investment on Jamhuri Crescent, off Kabarnet Road, only 300 m from Prestige Plaza along Ngong Road. This 0.3213-acre leasehold site (built-up area 5,586 sq.ft.) currently operates as office space with long-term tenants and offers immediate income plus exceptional redevelopment potential. Located in a mixed-use growth corridor, the property is perfectly positioned for conversion into a modern commercial building, multi-storey office complex, or mixed-use development.

Property Details & Built Form

• Plot size: 0.3213 acres (0.13 ha)

• Tenure: Leasehold (title and doc verification available)

• Built-up area: 5,586 sq.ft.

• Layout: Ground floor — 3 large offices; First floor — 1 large office

• Current use: Private residence adapted for office leasing; multiple established tenants provide steady rental income

Key Features & Infrastructure

• Prime visibility and footfall with just 300 m to Prestige Plaza and surrounding retail, banks, and restaurants.

• Mains utilities in place: electricity, water and sewer connections ready for commercial operations.

• Well-maintained tarmac access and excellent public transport links to Nairobi CBD, Mombasa Road and Wilson Airport.

• Located in an area transitioning from residential to high-density mixed use — ideal timing for redevelopment.

Investment Case

• Immediate income: Current tenancy yields steady cash flow; a buyer can access rental income from day one.

• Redevelopment upside: Strong potential to increase Net Operating Income (NOI) by redeveloping into strata offices, serviced offices, or mixed-use retail + office towers.

• Demand drivers: Proximity to business hubs, educational institutions and retail centers fuels demand for quality office space in the Ngong Road corridor.

• Exit potential: High resale demand from developers and institutional buyers seeking core urban sites.

Location Benefits

• 300 m to Prestige Plaza (shopping, dining, banking) — critical for tenants and clients.

• Easy vehicle access to Nairobi CBD and key corridors; excellent for commuting staff and customers.

• Surrounded by corporate offices, clinics, fintech, and retail — a vibrant ecosystem supporting office rentals.

Practical Information

• Ideal for: Developers, investors, owner-occupiers looking to expand office presence, or funds seeking income plus value-add projects.

• Documentation: Clear leasehold title; ready for due diligence.

• Asking price & terms: Available on request — contact the agent for financials and viewing arrangements.

Frequently Asked Questions (short)

Q: Is the property vacant?
A: No — the property is income-generating with existing tenants; vacant possession can be negotiated depending on buyer preference.
Q: Are utilities connected?
A: Yes — mains electricity, water and sewer are connected.
Q: Can the property be redeveloped?
A: Yes — zoning permits mixed-use redevelopment (buyers should confirm specific planning approvals with Nairobi City County).

Call to Action
This Jamhuri Crescent parcel is a strategic commercial asset ready for income or redevelopment. Contact us today to request financials, arrange a site visit, or start due diligence.

📞 Call / WhatsApp: 0704 386 002
📧 Email: marketing@gimcoltd.com