Parking Lot for Sale in Upperhill, Nairobi
Upperhill has emerged as one of Nairobi's most sought-after commercial districts, creating significant demand for secure parking solutions. The area hosts numerous corporate offices, banks, and business centers, all requiring reliable vehicle storage options.
Upperhill Parking Market Overview
The parking sector in Upperhill benefits from limited supply and growing demand, with daily parking rates ranging from Ksh 300 to Ksh 800 depending on proximity to major office towers. Monthly parking subscriptions average Ksh 8,000 to Ksh 15,000 per vehicle.
Available Parking Properties
| Property Type | Size (sqm) | Capacity | Price Range |
|---|---|---|---|
| Surface Parking Lot | 500-2,000 | 20-80 vehicles | Ksh 15M - Ksh 60M |
| Multi-level Car Park | 1,000-3,000 | 50-150 vehicles | Ksh 50M - Ksh 150M |
Investment Benefits
- High Demand: Chronic parking shortage in Upperhill guarantees consistent occupancy
- Low Maintenance: Minimal structural requirements compared to other commercial properties
- Flexible Operations: Options for hourly, daily or monthly rental models
- Appreciation Potential: Land value in Upperhill grows at ~12% annually
Technical Specifications
Our listed parking properties feature:
- CCTV surveillance and 24/7 security personnel
- Tarmac or paved surfaces with proper drainage
- Electric vehicle charging stations (select properties)
- Proximity to major office towers like Britam and UAP Old Mutual