The Mirage Office Suite | Tower 3 | 857 sq ft | Westlands
KSh10,000,000.00
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The Mirage Office Suite | Tower 3 | 857 sq ft | Westlands
KSh10,000,000.00
Affordable Commercial Office Investment | The Mirage Tower 3 | Westlands
A compelling entry-level commercial investment opportunity at one of Nairobi's most recognised business addresses. This 857 sq ft office suite on the Mezzanine Floor of Tower 3 at The Mirage, Waiyaki Way, Westlands is tenanted on a long-term lease with a strong, reliable tenant — making it an ideal first commercial property investment.
Property Overview
| Detail | Information |
|---|---|
| Building | The Mirage, Tower 3 |
| Floor | Mezzanine Floor |
| Location | Waiyaki Way, Westlands, Nairobi |
| Size | 857 sq ft |
| Ownership | Individual Sectional Title |
| Status | Tenanted — Income Generating |
| Price | KES 10,000,000 |
Investment Summary
| Metric | Value |
|---|---|
| Purchase Price | KES 10,000,000 |
| Current Monthly Rent | KES 75,000 |
| Annual Rental Income | KES 900,000 |
| Gross Yield | 9% per annum |
| Service Charge | KES 12,855 per month |
| Lease Term | 5 years from 1 June 2026 |
| Rent Escalation | 10% after Year 3 |
Lease Details
A fresh 5-year lease commenced 1 June 2026, providing exceptional income security for the incoming investor. The lease includes a 10% rent escalation after the third year, protecting your yield against inflation and growing your income over time.
Parking
Three parking bays available at KES 1,800,000 per bay. Can be purchased together with the office or separately. Each bay generates rental income of KES 8,000 per month.
Investment Highlights
- Affordable entry point into Westlands commercial property
- Prime Westlands address on Waiyaki Way
- Steady, reliable rental income from day one
- Excellent tenant on a long, fresh lease
- Built-in rent escalation protects against inflation
- Individual Sectional Title — clean, bankable asset
- Great entry point for first-time commercial property investors
- Strong long-term capital appreciation potential