The land has a slight gradient slope and touching limuru rd
Location/Neighbourhood:
This is an elegantly designed residential house located in the serene
upmarket suburb of Gigiri lying approximately 7.5 kilometres to the
northwest of Nairobi City Centre. The house is however currently being
used as an office by the registered owner.
The area neighbours other high income residential estates such as Runda,
Nyari, Kitisuru, Old and New Muthaiga Estates. The immediate
neighbourhood is comprised of shopping malls, international
organizations' offices and foreign consulates and embassies most notably
being:
Rwandese High Commisssion;
Canadian Embassy;
United States of America Embassy;
Polish Embassy;
same.
Norwegian Embassy;
United Nations Environmental Programme Headquarters;
Village Market;
The German School.
The proximity to these organizations and foreign missions accords the
neighbourhood top of the range services and amenities and their
concentration of these organizations in the area is a clear indication of the
The Property:
Given the nature and extent of the developments thereon viz-a-viz the
location, we are of the opinion that their value is not commensurate with
the value of the 'green site' and as such they do not reflect The Highest
and Best Use (HBU) of the property. We have therefore valued the
property as a redevelopment site with the buildings contributing a
nominal value to the entire property's value. Read more...