Parking Lot for Sale in Spring Valley, Westlands
Spring Valley is one of Nairobi's most sought-after commercial areas, known for its proximity to major business hubs and upscale residential neighborhoods. This parking lot presents a unique investment opportunity with high demand from office workers, shoppers, and residents.
About Spring Valley Commercial Area
Located in Westlands sub-county, Spring Valley is a thriving commercial and residential area with excellent infrastructure and accessibility. The area is home to multinational companies, shopping centers, and high-end apartments, creating constant demand for parking solutions.
Property Features
- Total area: 2,500 square meters
- Capacity: Approximately 100 vehicles
- 24/7 security with CCTV surveillance
- Well-maintained tarmac surface
- Proximity to major roads and highways
- Clear title deed available
Investment Potential
| Metric | Value |
|---|---|
| Asking Price | Ksh 120 million to Ksh 150 million |
| Potential Monthly Income | Ksh 1.2 million to Ksh 1.8 million |
| ROI Period | 7-9 years |
| Price per Square Meter | Ksh 48,000 to Ksh 60,000 |
Location Advantages
- Walking distance to major office buildings and shopping centers
- Easy access to Waiyaki Way and other major transport routes
- High foot traffic from nearby businesses and residential areas
- Growing demand due to limited parking spaces in the area