
0.56ac Land Upper Hill Prime Commercial Plot – Masaba Road
Sub-acre prime commercial plot in Nairobi's most coveted land node, directly on Masaba Road in the heart of Upper Hill's financial district – an irreplaceable position for high-density commercial development.
0.65 Acres
Total Area
KES 350,000,000
Asking Price
Strategic Land Bank
Category
Executive Summary
This 0.65-acre undeveloped plot on Masaba Road occupies one of the most strategically valuable addresses in Nairobi. Upper Hill is the city's premier commercial precinct, home to UAP Old Mutual Towers, Britam Tower, numerous embassy compounds, and the headquarters of Kenya's largest banks and insurers. Masaba Road itself provides direct connectivity to Hospital Road, Ngong Road, and the Nairobi CBD, ensuring maximum visibility and accessibility for any future development. The plot's size is optimal for a boutique Grade-A office tower, luxury serviced apartments, or a mixed-use commercial scheme targeting the high-income executive and diplomatic market that dominates this node. Upper Hill consistently records the highest land prices per acre in the Nairobi Metropolitan Area, and the corridor continues to attract major institutional developers. With no existing structures, the parcel offers a clean development slate with no demolition or remediation costs. Zoning supports high-density commercial use, and the proximity to Nairobi Hospital, the UN complex, and the CBD positions any development to achieve premium rental yields from day one.
Location
GPS: -1.304859, 36.820188
Asking Price
KES 350,000,000
KES KES 350,000,000
USD USD 2,713,000
Parcel Summary
Confidential Investment
This memorandum is provided for qualified investors only. All site visits require 24-hour notice and NDA execution.
