Overview
- Updated On:
- August 26, 2021
Description
This prime piece of property is located on 5th parklands avenue. The 0.5-acre land has existing old apartments and is a prime candidate are for redevelopment. Going for 280M, the land carries a lot of potential, it being a prime residential and commercial plot.
PARKLANDS
Parklands, Nairobi, commonly referred to simply as Parklands, is a neighborhood in the city of Nairobi, the capital and largest city in Kenya. It is divided into numbered avenues. The name arises from the proximity of the area to City Park, Nairobi.
Parklands is located approximately 5 kilometers (3.1 mi), by road, north-northwest of the central business district of Nairobi. The coordinates of Parklands are:01 15 36S, 36 49 05E (Latitude:-1.2600; Longitude:36.8180).
During Kenya’s colonial days, the British demarcated the area as a residential neighborhood for civil servants. During the 1940s and 1950s Parklands was one of the most congested suburban areas of the Nairobi metropolitan area. In the second decade of the 2000s Parklands is a mixed commercial/residential neighborhood. The relative availability and comparatively reasonably priced land in the area attract business and residential real estate development, away from the relative lack and exorbitant pricing of real estate in Nairobi’s central business district, to the south of Parklands.