Investment: Quality studios to be operated as a Serviced & furnished apartment hotel. Title: Purchasers to obtain a sub- lease title. Main title is 50 year leasehold from 1999. Purchase price : Starting at Kshs.5.85 Million per unit. Payments Terms : 10% deposit , balance in 90 days. Target Return :Upto 11% p.a (NET Rental Yield*). Opening date :Ready for occupation. The development comprises 74 studio apartments with a restaurant and conference facilities and the facility* shall be run as furnished and serviced studio apartments providing short/long stay accommodation close to the CBD and Westlands to local/regional budget business travelers. Consistent with most apartment developments in Kenya, the purchasers of the studio apartments shall each receive a sub-lease title and one share in a management company which will hold a reversionary interest on the main lease. The management company shall contract a reputable and experienced operator to run the facility with a view to maximizing occupancy through its brand name, reservation system and the advertising and marketing support. A separate account shall be maintained for each apartment. Rental income shall be credited to this account and all the expenses and surcharges debited. At the end of every month, the owner shall receive a statement and a payment of the net amount. Owners shall be responsible for their taxes. All units shall be managed in a common rental pool by the operator and there is no provision for independent management. PRICE GUIDE: MID SIZED UNIT (5 No.) Size 27 sq.m Price Kshs. 5,451,000 Furniture Cost Kshs . 250,000 Utilities Deposit Kshs. 150,000 Total Cost = Kshs.,851,000/=. Large units I (4 No.) Size 29 sq.m Price Kshs.5,951,000 Furniture Cost Kshs. 250,000 Utilities Deposit Kshs.150,000 Total Cost = Kshs.6,351,000/= Large Units II (4 No.) Size 29 sq.m Price Kshs.6,151,000 Furniture Cost Kshs.250,000 Utilities Deposit Kshs.150,000 Total Cost = Kshs.6,551,000/= Large Units III (10 No.) Size 29 sq.m Price Kshs.6,551,000 Furniture Cost Kshs.250,000 Utilities Deposit Kshs.150,000 Total Cost = Kshs.6,951,000/=.
Off Mombasa Road, a newly completed development of Apartments. A 2 Bedroom Apartment, master ensuite, borehole and well spaced.Off Mombasa Road, a newly completed development of Apartments. A 2 Bedroom Apartment, master ensuite, borehole and well spaced.
Nice and executively constructed 3 Bedroom Apartment,master ensuite ,2 Bedrooms sharing,American kitchen,guest toilet and semi -independent domestic servant quarter,172sqm.
5 Bedroom New Duplex pent house,with a servant quarter. HIGHLIGHTS : High speed lifts, CCTV Surveillance, swimming pool and gym, sky garden with children,s playing area, back up generator and bore hole.
A New executive residential development in upmarket leafy estate of Lavington priding on a 2-acre piece of land. ALL Bedrooms en suite, spacious lounge, dining, well fitted kitchen with pantry. offers. 3-bedroom with DSQ. - 16.5Million 4-bedroom with DSQ. - 21.5Million HIGHLIGHTS : High speed lifts, CCTV Surveillance, swimming pool and gym, sky garden with children's playing area, back up generator and bore hole.
New 13 No. 2 bedroom apartments Master en-suite and 2 No 1 bedroom apartments. Spacious lounge and dining area, spacious well fitted kitchen with granite tops, utility/ laundry area, adequate parking and stone perimeter wall. Ready for occupation. In a cool, quiet neighbourhood close to schools, hospitals and only 14 km to Nairobi. Close proximity to the proposed Tatu City, convenient to UN, village market and Wetlands. 2 Bedrooms Kshs. 6M/= 1 Bedroom Kshs. 5M/= As a Block Kshs.90,000,000/=
Executive 2 & 3 Bedroom Apartment, master ensuite,modern fitted kitchen, spacious Lounge and balconies, domestic staff quarters, Bore hole,standby generator and solar heating system for power back up,spacious tasteful designs, ample basement and ground floor parking ,2 parking slots each for 2 cars, self contained gate house with intercom,central dish antenna and internet connection, perimeter wall with electric fence and security lights,spacious unit sizes starting 2100 sqft. Highlights: Master bedroom has walking and a full bath. Spacious lounge,leading to a separate dinning with a balcony. All bedrooms are generous with ensuite and inbuilt wardrobes. Generous kitchen with modern fitting and pantry. Guest cloak room with wash hand basin. self contained domestic Servant Quarters. Expansive utility and laundry yard.
Prime 1 Shop and one 2 Bedroom flat for sale .Ample Parking. Each Kshs.3.2M.
Block of new Apartments 4 No. 2 Bedroom and 4 No. 3 bedroom with Master ensuite on 1/4 acre plot.
Prime property consisting of 5 units of flats three - 1 Bedroom and two -2 Bedrooms with master ensuite. Priding on 1/4 acre.
An elegant prime property fully Let off Mombasa road. 16 units of 2 bedroom Apartments master ensuite , common bathroom and balconies, ample parking.
4 Bedroom Apartment, 2 Bedrooms ensuite in a modern well done and designed complex
A charming 5 Bedroom double storey ,3 Bedrooms ensuite,spacious sitting room,modern kitchen,toilets,staff quarter for 1,on 1/4 acre mature garden.
7 Bedroomed double storey residence with a basement. 4 Bedrooms are ensuite , 2 staff quarters. garage for two cars, back up generator,perimeter wall, all in half (1/2) acre mature garden and very secure.
5 Bedrooms, 2 Bedroom ensuite on a 1/4 Acre. Executive finishes,self contained,staff quarter,kitchen,water tower with 85 ft well on site,mature garden and trees. Title deed available. Strictly controlled Development Estate.
A new 4 bedroom double storeyed house. All bedrooms ensuite, also have a TV room,study and the kitchen is very spacious with servant quarter and Lockable garage for 2 cars. Approximate 3800sqft of built up area on corner plot 1/4 acre. Chuna Estate:- This is a controlled development area with minimum plot size per house being 1/4 acre and all must be single dwellings. Thus,no fear of what the neighbour will or might put up.
A magnificent 3 Bedroom Bungalow,master bedroom ensuite on 1/4 acre.
New spacious 5 Bedroom Townhouses all ensuite ,staff quarter for 1 in three levels ground lst and 2nd floor, a garden and private parking.
4 Bedroom nicely done well designed and constructed Townhouse , All Bedrooms ensuite,spacious living room, Dinning ,well lit and big kitchen, family room and DSQ.
A new 4 Bedroom executive Townhouse. 2 Bedroom ensuite,spacious kitchen, big living room, study/family room on upper floor,standing proudly on an 1/8 th of an acre plot with perimeter stone wall.