Half-Acre Riara Road, Kilimani For Sale— With House & Borehole — KES 250M

This half-acre parcel at the junction of Riara Road and James Gichuru Road sits at one of Kilimani's most prominent intersections — a location that commands maximum visibility and accessibility in one of Nairobi's densest and most active real estate submarkets. Kilimani has been the primary beneficiary of Nairobi's apartment development boom, with over 15,000 units delivered in the past decade at average asking prices of KES 15–35M per unit. The existing house and borehole provide functional infrastructure during the planning and approval phase of a new development. At KES 250M, this site at current Kilimani apartment densities could support a building of 60–80 units at a land cost of approximately KES 3–4M per unit — a rate consistent with viable project economics at Kilimani's current market pricing. Immediate development potential with strong offtake visibility.