Parking Lot for Sale in Machakos, Mlolongo

Secure Your Prime Vehicle Storage Space in a High-Traffic Area

Type: All Types Office Shop Warehouse Commercial Building Restaurant Hotel
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Looking for a profitable commercial property investment? This parking lot in Mlolongo, Machakos, offers excellent potential for high returns. Located in a bustling area with high demand for vehicle storage, this property is ideal for investors seeking steady rental income or long-term capital appreciation.

Parking Lot for Sale in Mlolongo, Machakos

Invest in a prime parking lot located in the bustling area of Mlolongo, Machakos. This property is strategically positioned to cater to the growing demand for vehicle storage and parking solutions in the region.

About the Parking Lot

This commercial parking lot is ideal for businesses and individuals looking for secure vehicle storage. The property features:

  • Spacious layout accommodating multiple vehicles
  • Secure fencing and 24/7 surveillance
  • Easy access from major roads
  • Proximity to shopping centers and transport hubs

Investment Potential

The parking lot presents a lucrative investment opportunity with:

  • High demand due to limited parking spaces in the area
  • Potential rental income from monthly parking fees
  • Capital appreciation as the area continues to develop

Pricing Details

Property Type Size (sqm) Price Range (Ksh)
Parking Lot 500 - 1,000 10 million - 25 million

Location Advantages

The parking lot is located in Mlolongo, a rapidly growing commercial hub with:

  • High foot and vehicle traffic
  • Proximity to major highways and transport routes
  • Surrounded by businesses and retail centers

Frequently Asked Questions

The potential rental income varies based on location and demand, but parking lots in Mlolongo can generate between Ksh 50,000 to Ksh 200,000 per month depending on size and occupancy.
The property is zoned for commercial use, specifically for parking and vehicle storage. It complies with local regulations and is suitable for its intended purpose.
Yes, the parking lot is an excellent long-term investment due to the increasing demand for parking spaces in Mlolongo and the ongoing development in the area.
The parking lot features secure fencing, 24/7 surveillance cameras, and controlled access points to ensure the safety of parked vehicles.