Former Private School for Sale in Meru Town Center

Former Private School for Sale in Meru Town Center - 1
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Price Analysis Above Market

Based on 89 similar listings

Market Demand

High Demand

Details

Address
2418
Condition
Newly Built
Furnishing
Furnished
Property Type
Hostel
Square meters
16,187 sqm
Parking Spaces
10+
Secure Parking
true

Former Private School for Sale in Meru Town Center Highlights

  • Prime Location in Meru Town Center: Properties in town centers offer excellent accessibility and proximity to essential services, businesses, and public transport. This location is ideal for commercial ventures and residential convenience.
  • Hostel Property Type: Hostels are designed for shared accommodation, typically featuring multiple rooms and communal living spaces. They are popular for budget-friendly lodging and can be a sound investment for rental income.
  • Spacious Building Footprint: A large square meterage indicates significant potential for development, expansion, or diverse commercial uses. This size allows for ample room for amenities and operational needs.
  • Ample Parking Availability: Multiple parking spaces are crucial for commercial properties, ensuring convenience for tenants, customers, and staff. This feature enhances the property's usability and appeal.
  • Secure Parking Facilities: Secure parking adds significant value by protecting vehicles and providing peace of mind. This is a key amenity for attracting and retaining tenants or customers.
  • Newly Built Condition: Newly built properties often feature modern construction standards, updated utilities, and contemporary design. This can translate to lower initial maintenance costs and higher tenant satisfaction.

Description

• Former private school situated on 4 acres, featuring permanent four-storey structures. • Property includes 60 classrooms, 2 dining halls, 900 student beds (450 double decker), 900 hardwood desks, 60 toilets, and 60 bathrooms. • Equipped with 80,000-liter water storage tanks, solar systems for lighting and showering, and CCTV security cameras. • Offers ample parking with over 10 bays, two sports fields (basketball, football, hardball, hockey), and teachers' quarters. • Includes administrative offices (Headteacher, Director, Pastor), a church room, a CCTV control room, and two matron rooms. • Located touching a tarmac road with ready access to water and electricity, surrounded by social amenities. • Permanent perimeter wall ensures security for the entire 16,187 sqm property. • Ideal for conversion into a boarding facility, college, or other large-scale institutional use.

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ConditionNewly BuiltOldFairly Used
Property TypeHostelWarehouseFilling Station
FurnishingFurnishedUnfurnishedFurnished
Address2418Mwea345 Thome
Square meters16,187 sqm31,565 sqm250 sqm
Parking Spaces10+——
Secure Parkingtrue——
PriceKSh 300,000,000KSh 210,000,000KSh 250,000,000