Baba Dogo is a bustling commercial hub in Nairobi, known for its high foot traffic and thriving business environment. This parking lot presents a lucrative investment opportunity with strong demand from local businesses and visitors.
The property is strategically located near major roads and commercial establishments, ensuring consistent usage. Key features include:
Parking lots in Baba Dogo generate steady rental income due to limited available spaces and high demand. Current market rates range from Ksh 200 to Ksh 500 per hour, translating to significant monthly returns.
| Metric | Value |
|---|---|
| Price Range | Ksh 10 million - Ksh 15 million |
| Potential Monthly Income | Ksh 150,000 - Ksh 300,000 |
| ROI Period | 3-5 years |
Baba Dogo is well-connected to Thika Road and other major transport routes, making it ideal for businesses requiring accessible parking. The area is also undergoing rapid development, increasing property values.