Parking Lot for Sale in Makadara, Nairobi

Secure Your Prime Parking Space in a High-Demand Commercial Area

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At a glance

Discover prime parking lot investment opportunities in Makadara, Nairobi. With high demand for vehicle storage and parking spaces, this commercial property offers excellent ROI potential. Ideal for investors seeking steady rental income or long-term capital appreciation.

Parking Lot for Sale in Makadara, Nairobi

Makadara is a bustling commercial hub in Nairobi, known for its high foot traffic and thriving business environment. Investing in a parking lot here offers excellent returns due to the constant demand for vehicle storage and parking spaces.

About Makadara Commercial Area

Makadara is strategically located near major transport routes, making it a hotspot for businesses and commuters. The area boasts a mix of retail shops, offices, and industrial establishments, all contributing to the high demand for parking facilities.

Available Parking Lots

Current listings include well-maintained parking lots with secure fencing, 24/7 security, and easy access to main roads. Prices range from Ksh 10 million to Ksh 50 million, depending on size and location.

Investment Benefits

  • High Demand: Constant need for parking spaces due to limited public transport options.
  • Steady Rental Income: Potential monthly rental income of Ksh 50,000 to Ksh 200,000.
  • Capital Appreciation: Property values in Makadara are steadily increasing.
  • Strategic Location: Proximity to major highways and business districts.

Technical Details

FeatureDetails
Size500 sqm to 2,000 sqm
SecurityCCTV surveillance and guarded access
AccessibilityClose to Jogoo Road and Mombasa Road
Title DeedFreehold available for most properties

Frequently Asked Questions

The average ROI ranges between 8-12% annually, depending on location and occupancy rates.
Most areas in Makadara are zoned for commercial use, but it's advisable to verify with the local authorities before purchase.
Yes, as long as you obtain the necessary business permits from the county government.
Prices range from Ksh 20,000 to Ksh 50,000 per square meter, depending on proximity to main roads.
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