Prime Real Estate Opportunity: 2.7 Acres on Lower Kabete Road in Lower Kabete

Location: Upmarket Residential / Redevelopment Zone Asking Price: KSh 350,000,000 (Three Hundred and Fifty Million Kenya Shillings)
Property Overview
An exceptional investment opportunity featuring 2.7 acres of prime, gently sloping land boasting direct tarmac frontage along the highly sought-after Lower Kabete Road. The property currently features a high-value older architectural house, making it an ideal canvas for high-end multi-unit redevelopment, a private multi-generational family estate, or a premium institutional facility (subject to relevant zoning approvals).
Key Features & Land Attributes
Acreage: Generous 2.7 acres of well-drained, red volcanic soil, offering a solid foundation and low site-preparation costs for future construction.
Strategic Frontage: Superb visibility and ease of access with wide, direct frontage touching the main tarmac of Lower Kabete Road.
Existing Structure: Features a spacious, character-filled older-generation house. While structurally sound and possessing significant character value, the property is priced primarily on its immense land capital and redevelopment potential.
Utilities & Infrastructure: Fully serviced plot with reliable mains water, multi-phase electricity connection, and a secure perimeter boundary fence.
Surroundings: Set within a serene, high-security, and strictly controlled neighborhood characterized by lush greenery and premium high-end properties.
Redevelopment Potential
Given the size and strategic location on a major access road, this parcel offers immense versatility:
Development Viability: The 2.7-acre footprint provides the ideal scale for a luxury gated community layout (such as premium townhouses or detached villas), a high-end diplomatic residency, or a luxury corporate headquarters, maximizing the return on investment (ROI) for discerning developers.