Parking Lot for Sale in Hurlingham, Kilimani
Hurlingham, located within Kilimani, is one of Nairobi's most sought-after commercial areas, known for its vibrant business environment and high foot traffic. Investing in a parking lot here provides a lucrative opportunity due to the constant demand for secure vehicle storage from businesses, shoppers, and residents.
About Hurlingham Commercial Area
Hurlingham boasts a mix of offices, retail outlets, restaurants, and residential apartments, creating a high demand for parking solutions. The area is well-connected to major roads like Argwings Kodhek Road and Ngong Road, making it easily accessible.
Available Parking Lots
Current listings include:
- Secure Gated Parking: Ksh 30 million to Ksh 80 million
- Open-Air Parking Spaces: Ksh 15 million to Ksh 40 million
- Multi-Level Car Parks: Ksh 100 million+ (price varies by capacity)
Investment Benefits
- High Demand: Limited parking spaces in Hurlingham drive consistent occupancy.
- Low Maintenance: Minimal upkeep compared to other commercial properties.
- Strong ROI: Monthly rental income ranges from Ksh 50,000 to Ksh 300,000 depending on size and location.
- Future Appreciation: Land value in Kilimani continues to rise steadily.
Technical Details
| Feature | Details |
|---|---|
| Title Deed Status | Freehold/Leasehold (varies by property) |
| Security | CCTV, guarded access (premium listings) |
| Capacity | 10-100+ vehicles |