The Mirage Office Suite | Tower 2 | 1,295 sq ft | Westlands
KSh17,000,000.00
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The Mirage Office Suite | Tower 2 | 1,295 sq ft | Westlands
KSh17,000,000.00
Prime Commercial Office | The Mirage Tower 2 | Westlands
An exceptional income-generating commercial office suite located in one of Nairobi's most prestigious business addresses. Situated on the Second Floor of Tower 2 at The Mirage, Waiyaki Way, Westlands, this 1,295 sq ft office presents a rare opportunity to acquire a tenanted, professionally fitted commercial asset in the heart of Nairobi's premier business district.
Property Overview
| Detail | Information |
|---|---|
| Building | The Mirage, Tower 2 |
| Floor | Second Floor |
| Location | Waiyaki Way, Westlands, Nairobi |
| Size | 1,295 sq ft |
| Ownership | Individual Sectional Title |
| Status | Tenanted — Income Generating |
| Price | KES 17,000,000 |
Layout
- Reception Area
- Meeting Room
- Private Offices
- Professional Office Layout
- Natural Lighting
- Premium Commercial Fit-out
Investment Summary
| Metric | Value |
|---|---|
| Purchase Price | KES 17,000,000 |
| Current Monthly Rent | KES 150,000 |
| Annual Rental Income | KES 1,800,000 |
| Gross Yield | ~10.6% per annum |
| Service Charge | KES 19,450 per month |
| Lease Expiry | 30 June 2027 |
Parking
Three parking bays are available for optional purchase at KES 1,800,000 per bay. Bays can be purchased together with the office or separately. Each bay generates rental income of KES 8,000 per month.
Lease Details
The current lease expires on 30 June 2027. The tenant had an option to purchase but has indicated they are unlikely to exercise it. The tenant is expected to request a lease extension, providing continued rental income security for the incoming owner.
Investment Highlights
- Prime Westlands location along Waiyaki Way
- Income-generating — professional tenant in occupation
- Excellent long-term capital appreciation potential
- Ideal for investors seeking passive rental income
- Suitable for owner-occupiers after lease expiry
- Excellent accessibility via Nairobi Expressway
- Prestigious business address
- Individual Sectional Title — clean, bankable asset
Other Costs
No additional owner costs beyond the monthly service charge of KES 19,450. County rates confirmation is pending.