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Maendeleo House, Monrovia Street, Nairobi
info@lesama.co.ke

GRAMERCY PARK WAREHOUSES FOR SALE ALONG EASTERN BYPASS

KES3,995

Details

GRAMERCY PARK WAREHOUSES FOR SALE ALONG EASTERN BYPASS

  • Gramercy Park is located on the Eastern
  • The Eastern Bypass runs from Mombasa Road through City Cabanas, Pipeline, Njiru, and Thika Road
  • The Eastern Bypass upgrade to a dual carriageway costs Ksh 12.5 bn has already begun and is expected to be completed by the end of
  • The upgrade reflects the growing importance of the Eastern Bypass and is set to become the new industrial hub for
  • Easy access is key for attracting investors to the city which it is estimated will generate up to 30,000 vehicles per day spilling onto the Eastern Bypass and 27,000 vehicles per day onto the Thika
  • The government plans to dual the road from the Muthaiga interchange to Ndumberi via Kiambu town, a distance of 15 kilometers. It will then connect to the Ruiru-Uplands and Githunguri-Kimende
The move follows the rapid real-estate development along the corridor, which has resulted in traffic congestion o the narrow single-lane road during rush hour, costing the economy millions in lost work hours.

 

  • The Eastern Bypass forms a ring road that connects the South-eastern and North-eastern outer fringes of Nairobi and also links the Northern Bypass and Southern
  • This is now set to become the new industrial corridor for Nairobi

 

  • Introductory Price Kes:  3,995/- Per Square Feet + VAt ( This will only apply to the first 15% of Sales)

 

The Ideal Choice for Investors and Users

  1. Fantastic Location
  1. Eastern Bypass   –    on    one    of   the    busiest    transport     and    industrial               corridors connecting     Mombasa Highway/Airport to Thika Highway-The next major industrial corridor in
  2. Eastern Bypass – is currently being constructed into a dual
  3. Easy and quick access to other industrial and commercial areas, as well as ICD Nairobi and
  4. Adjacent to the highly anticipated Northlands City + Nairobi Gate and will be a direct beneficiary of the fantastic infrastructure and

 

  1. Perfect Size and Facilities

 

  1. Users prefer these “right-sized” warehouses over the larger unmanageable
  2. No unusable mezzanine warehouse floors – 100% utilization of floor Pay for what you really use.
  3. Affordable rental price – within most budgets increasing the base of potential
  4. Inbuilt offices, toilets, kitchenettes, fiber, 3-phase electricity, and water – The “Plug and  Play”  model  – minimal fit-out, reducing start-up costs and
  5. Wide roadways allow for easy vehicle
  6. Modular designs make it simple to expand into a larger
  7. A recreation area with a river provides a tranquil green environment for people  working in the  park to  relax and
  8. Vaastu compliant

 

  1. Demand Drivers
  1. Rapid growth in small and medium businesses in
  2. Supply chain and manufacturing efficiencies allow for firms to operate in smaller
  3. Kenya is the logistics and manufacturing hub for East Africa, which shows the most promising industrial potential and growth dynamics over the next
  4. Proximity to the new Inland Container Depot Nairobi increasing demand for such
  5. A massive rise in e-commerce (US$ 1.5 Billion in 2021) – creating a strong need of spaces with smaller
  1. Experienced Developer and Operator

 

  1. Ability to manage such a project on time and on budget.
  2. First-hand experience of what such tenants are looking for in a warehousing facility. We know exactly what to build to create the highest demand without overspending and
  3. Has long-term relationships with stakeholders (tenants, brokers, ) to attract potential tenants.
  4. We have an excellent leasing team along with an in-house maintenance
  5. We have the relevant know-how to manage such business parks on a day-to-day basis. This keeps the tenants happy and paying rent while making sure service costs are kept in line and on a strict expense
  6. The ability for potential tenants to view a similar project by the Developer in Ruiru

An image of affordable warehouses in Eastern Bypass Kenya that are listed for sale

 

THE SAVVY INVESTORS DESTINATION

CASHFLOW + RENTS

  • Stable and robust cash flow — even if one unit is empty you are generating income from the others.
  • Ability to generate better overall rents with the smaller units than it is for
    the larger units.

YIELDS + RETURNS

  • Average cash on cash yields (not including capital appreciation) is in the
    range of 11%-13.5%. *
  • Better rate of return compared to other real estate sectors and more stable
    due to the longer-term leases in place.

DESIGN

  • Excellent design with 100% utilization.
  • Mezzanine Office overlooks the ground floor work areas for better
    controls and security.
  • No unwanted Mezzanine floor.
  • Sisalation and Roof ventilators to maintain ambient temperatures low and
    for fresh air circulation.
  • Compliant with all building codes.
  • Emergency fire exits in all warehouses.
  • Easy traffic flow without congestion.
  • Lovely green areas for recreation.

Gramercy Park Amenities

 

Ideal Amenities

  1. Plug and Play
  • Plugin your computer and start your business- already fitted in the offices, kitchenette, executive and staff toilets.
  • Fiber optics connection also provided
  1. Security
  • Multiple rounds the clock security guards, electric fence, and CCTV surveillance
  1. Safety
  • Wet firefighting equipment around the park
  • All buildings are done up to the building safety code.
  • All warehouses have emergency fire exits.
  1. Ease of access
  • Wide internal roads to allow excellent truck flow
  • Excellent warehouse and main door heights for easy access for 4OFT containers.
  1. Location
  • Close proximity to major ports of entry and exit.
  • Close vicinity to hospitals, industrial corridors, and supermarkets.
  1. Parking
  • Fantastic parking facilities are available on-site for tenants and visitors.
  1. Power & Water Supply
  • Ample water supply available with a borehole,underground (200,000 Litres capacity ), and overhead water tanks (50,000 Litres capacity).
  • Generator backup for common areas
  • 3 phase power for all the warehouses with independent meters
  1. Environmental
  • Rooftop solar panels.
  • Wastewater treatment plant.
  • Green park area.
  • Rainwater harvesting.
  • Rainwater storage (400,000 Litres capacity).

Payment Plan

Description                                                                                        Amount

 

Commitment Fee                                                                      KES 100,000

 

Deposit                                                                                                          20%

 

Evenly split over construction                                                         70%

period across certain  milestones

 

At Hand over                                                                                               10%

 

For site visits and more information,

Viewing is free and on arrangement.

For more information call 0700 215 848 or 0719 443 339

Email: Info@lesama.co.ke

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