Hotel Development Opportunity | Old Muthaiga, Nairobi

1.1 Acres | Approved for Hotel Use | Guide Price USD 2,250,000

The Opportunity

FIT Property is offering a strategically positioned development site in Old Muthaiga, one of Nairobi’s most established low-density residential districts.

Extending to approximately 1.1 acres by title, the property is offered with an existing approval for hotel use. The combination of location, site scale and an established hospitality planning position creates a compelling proposition for investors, developers and hospitality groups evaluating a Nairobi development opportunity.

An existing residential structure occupies the site. The investment case, however, is principally driven by the underlying land, its Old Muthaiga location and the approved hotel use.

Investment Rationale

• Approximately 1.1 acres by title.
• Existing approval for hotel use.
• Old Muthaiga, an established low-density Nairobi location.
• Existing residential improvements on site.
• Potential hospitality redevelopment opportunity.
• Relevant to hotel investors, developers, operators, family offices and private capital.
• Guide Price: USD 2,250,000.

Development Position

The property has an existing approval for hotel use. Prospective purchasers should undertake their own legal, planning, technical and development due diligence and independently confirm the status, scope and applicability of all approvals for their intended scheme.

FIT Property can make the relevant property and planning documentation available to suitably qualified parties as part of a controlled due-diligence process.

Who This Opportunity May Suit

Hotel Groups & Operators: Groups evaluating a Nairobi presence or an additional strategically located hospitality asset.

Developers & Private Capital: Investors seeking a well-located development site with an established hospitality planning position.

Family Offices & Long-Term Investors: Private capital seeking strategically located Nairobi land with potential for long-term value creation through an appropriate redevelopment strategy.

Location

Old Muthaiga is one of Nairobi’s most established low-density residential areas, positioned within the wider Muthaiga district.
For confidentiality, the precise property location is not published online. The map shown on this page indicates the general Old Muthaiga area only and does not represent the property’s exact position.

Further Information

Further property information, planning documentation and the precise location are available to qualified parties following an initial discussion with FIT Property. Sensitive information may be released on a controlled basis and subject to confidentiality requirements where appropriate.

FIT Property | Hospitality & Investment Advisory

FIT Property is a specialist real estate advisory firm representing select hotels, resorts, safari camps, lodges, beachfront properties and hospitality development opportunities across Kenya and East Africa. We advise owners, investors, developers and hospitality groups on the acquisition and disposal of distinctive hospitality assets, including beachfront resort sites, coastal hotels, safari properties and confidential off-market investment opportunities.

Looking to acquire or dispose of a hotel, resort, safari camp, lodge or hospitality development site in Kenya or East Africa? FIT Property represents a select portfolio of on-market and confidential off-market hospitality opportunities.

EXCEPTIONAL PROPERTIES. RARE OPPORTUNITIES. PRIVATELY REPRESENTED.

Further details are available to qualified parties following a private discussion.

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