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Request photos & detailsPrime Plot 0.5 Acre for JV
KSh 100,000,000
Property Details
| Price | KSh 100,000,000 / Monthly |
| Type |
Commercial Land
For Rent
|
| Key Details |
0.50 ac land area
|
| Property ID | 18933940 |
| Status | Text_only |
| Category | Land for Rent |
| Essential Details | |
| Land Use | Commercial |
| Rental Information | |
| Rental Period | per annum |
| Last Updated | Jul 21, 2026 |
About this property
This prime 0.5-acre commercial plot is strategically located in Thome, Nairobi, just behind Safari Park. It presents an exceptional opportunity for investors or developers looking to enter the lucrative hostel market through a Joint Venture (JV) arrangement with a 30:70 sharing agreement.
Key Features:
- Prime Location: Situated in the thriving Thome area, close to key amenities and transport links.
- Ideal for Hostels: Perfectly suited for hostel development, catering to students or professionals.
- Joint Venture Opportunity: 30:70 sharing arrangement makes it a low-risk, high-reward investment property.
- Commercial Zoning: Ready for development with the necessary approvals for commercial use.
- Spacious: A generous 0.5-acre plot offering ample space for construction.
This plot is a golden opportunity for investors or entrepreneurs looking to capitalize on Nairobi's growing demand for affordable hostel accommodations. The location is highly accessible, secure, and in a rapidly developing neighborhood, ensuring long-term value appreciation.
Don't miss out on this rare chance to own or develop a prime piece of real estate in Nairobi! Contact us today for more details or to schedule a site visit.
Key Features & Amenities
Approximate location
Please ask Peter M Ndungu for more information about the exact location
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Property reference: 18933940
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