Hotel Commercial Property for Sale in Milimani, Upperhill, Nairobi

Premium Hospitality Investment Opportunity in Nairobi's Prime Business District

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KES 260,000,000

3 Star Hotel in Upperhill

Milimani, Upperhill, Nairobi

4,655.00 sqm
Parking Restaurant/Cafe Parking
At a glance

Discover premium hotel properties for sale in Milimani, Upperhill - Nairobi's thriving commercial hub. These hospitality investments offer excellent ROI potential with room rates ranging from Ksh 8,000 to Ksh 25,000 nightly. Properties feature modern amenities, prime location near corporate offices, and strong tourist demand throughout 2026.

Hotel Commercial Property for Sale in Milimani, Upperhill

Milimani in Upperhill offers exceptional hotel investment opportunities in Nairobi's premier business district. The area attracts both corporate travelers and tourists, with occupancy rates averaging 65-80% annually.

About Milimani Hospitality Market

This upscale neighborhood features:

  • Proximity to major corporate headquarters
  • Walking distance to Nairobi CBD
  • Excellent security and infrastructure
  • Growing demand from business travelers

Available Hotel Properties

PropertySizeRoomsPrice RangeAnnual ROI
Boutique Hotel1,200 sqm25Ksh 180M - Ksh 250M12-15%
Serviced Apartments2,500 sqm40 unitsKsh 350M - Ksh 450M10-14%

Investment Benefits

  • Prime Location: Near UN offices and government buildings
  • Strong Demand: Corporate accounts provide stable occupancy
  • Appreciation Potential: Land values increasing at 8-12% annually
  • Amenities: Most properties include restaurants, conference rooms and parking

Technical Specifications

Typical hotel properties feature:

  • 3-phase electrical connections (63A minimum)
  • Backup generators and water systems
  • CCTV surveillance and security personnel
  • Titled deeds (Freehold or Leasehold)

Frequently Asked Questions

Hotels in Milimani maintain 65-80% occupancy year-round, peaking during conference seasons and dipping slightly during election years.
You'll need a business permit from Nairobi County, public health certificate, liquor license (if applicable), fire safety certificate, and tourism regulatory authority registration.
Upperhill offers more corporate clientele while Westlands has stronger leisure tourism. Upperhill properties typically command higher room rates but Westlands has more nightlife attractions.
Current market rates range between Ksh 7-10 million per room depending on property condition and amenities.
Major renovations require NEMA approval and must comply with Nairobi County building codes. Some heritage buildings have additional preservation requirements.
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