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Nairobi, Lavington, Waiyaki Way – Commercial Plot Ksh 350M

Ksh. 350,000,000
new offer

Overview

  • Updated On:
  • September 23, 2022
  • 0.75 ft2

Description

Property Description

  • 0.75 Acre
  • Touching Waiyaki Way
  • Commercial User

Deed Plan

 

Price

Asking Ksh 400M now on Special Offer at Ksh 350M

Property Map

 

Neighborhood

Nairobi Expressway

This property is extremely well located at the beginning of the Nairobi Expressway four-lane dual carriageway will run over 27km, linking Mlolongo town in Machakos county and Jomo Kenyatta International Airport to the Nairobi-Nakuru highway. The expressway is part of the northern corridor that provides passage to 85% of the cargo destined for neighbouring landlocked countries, such as Uganda, Rwanda, the Democratic Republic of Congo and South Sudan.

The benefits that are expected from this expressway include improved connectivity for the transport of goods, services and people between Nairobi and the entire northern corridor. It’s also expected to ease the flow of traffic through the city, reducing congestion along Mombasa road, Uhuru highway and Waiyaki way in Nairobi city.

Better traffic flow would reduce travel time through the city, enhancing Nairobi’s economic vitality. This in turn is expected to improve Kenya’s competitiveness in the East Africa region and entrench Nairobi’s position as a business hub.

Waiyaki Way-Red Hill link Road.

The 4.5km dual road links James Gichuru Road with Limuru Road. At 93% progress,

The road has transformed the leafy suburbs opening up for re-development and has dramatically eased congestion in the City. Residents working for United Nations Nairobi Office and its environs can now comfortably live in Karen or Dagoretti area.

The construction was funded by the Government of Kenya at a cost of KSh3.01 billion and implemented by China Wu Yi with APEC Consortium undertaking supervisory and consultancy services. Scope of works include; walkways, bridges, culverts, overpasses, underpasses, drainage works, street lightings, landscaping and slope protection works.

Benefits of this road are already being experienced as it takes a short time to travel from Westlands to Limuru road via Kitisuru and Loresho. Traffic congestion within the normally jam packed Westlands area has reduced due to the provided link road that acts as an effective alternative. Already a shift in corporate offices is being witnessed. According to Hass Consult, corporate offices are slowly shifting base from the Central Business District to Westlands area owing to the major road infrastructure developments such as this current link road and the Ring Road-Parklands connection. This goes a long way to prove that road infrastructure impacts positively on the economic growth of an urban area.

Included in the project is the re-carpeting of roads crossing the project, namely: Grevillea Road, Kyuna Road, Loresho Ridge Road and Kirawa Backside Road. Road markings and installation of road signage is also almost complete.

The current traffic snarl up experienced at the point where the Link road joins Waiyaki Way will ease as plans are underway to construct an Interchange that will see traffic coming via Waiyaki way –Red Hill link road smoothly joining James Gichuru without any interruptions.

Ongoing works include the construction of footpaths/walkways and access routes, repairs of broken kerbs and drains, installation of guard rails for safety, street lighting and restoration of the aesthetics to complement this beautiful master piece art like landscaping, re-planting of trees grass and flowers.

Property Id : 66953
Price: Ksh. 350,000,000
Property Size: 0.75 ft2
Acres: 0.75
Structure Type: Brick
Floors No: 1
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