Apartment for sale
1 Bedroom Offplan Apartment
237 Garden City -- Premier Affordable Housing Investment in Nairobi Exclusively Marketed by Mkaazi Real Estate Ltd Location: Garden City Mixed‑Use Precinct, Thika Superhighway, Nairobi Developer: Mi Vida Homes (Actis & Shapoorji Pallonji JV) Certifications: Ifc edge Green Building Standard Prime Location & Connectivity Address: Within the 47‑acre Garden City development, directly adjacent to Garden City Mall Access: 5 km off the Thika Superhighway (exit 9) -- 20--30 min to Nairobi CBD, Westlands, Gigiri & Kasarani Shuttle bus links to Julius Nyerere Way and James Gichuru Road Surrounding Infrastructure: Carrefour & Nakumatt Supermarkets, imax Cinema, Waterpark, Restaurants Top schools (Garden City, Nova Pioneer), clinics (Medanta, Zavara), and banking hubs Immediate access to public green spaces, jogging trails, and community gardens Project Overview: Affordable, Sustainable & Scalable 237 Garden City delivers 640 thoughtfully designed units across four typologies---purpose‑built for urban affordability and strong investor returns: Unit Type Size (sqm) Price (KES) Typical Rent (KSh/mo) Gross Yield (%) Standard Studio 20 2,900,000 ~18,000 ~9.0 Entry-level studios available from kes 29,000/month (5-year rent‑to‑own), or kes 19,000/month over 20 years with deposit. Key Amenities & Value Drivers Sustainable Design ifc edge certification reduces operational costs (energy, water) Solar water heating, rainwater harvesting, led lighting Resident-Focused Facilities Three‑acre landscaped community park with jogging trails Swimming pools, co‑working lounge, indoor/outdoor gym, clubhouse Children's play area, rooftop social terrace Security & Infrastructure CCTV, biometric access, electric fencing Borehole water backup, standby generator, underground tanks Mixed-Use Synergy On‑site retail, cafés, banking, entertainment drive captive tenancy Direct link to Garden City Mall with imax theater, waterpark, dining Integrated transport hub reduces vacancy risk Investment Rationale High Demand & Low Supply: Affordable segment under-supplied; occupancy consistently above 90% Competitive Yield & Growth: 8--9% rental returns outperforming Nairobi average (6--7%) Capital appreciation expected at 5--7% p.a., driven by Thika corridor growth Developer Credentials: Mi Vida Homes has delivered over 1,200 units; backed by Actis and Shapoorji Pallonji Liquidity & Exit: Easy resale via digital platforms (BuyRentKenya, Jumia House); frequent secondary buyer interest Incentives: Affordable housing relief under Kenyan law -- VAT and stamp duty exemptions for first-time investors 🧮 Financial Models & Payment Flexibility Mortgage-Based Purchase: 90% financing via partner banks, 10% deposit Rent‑to‑Own Structure: 5-year plan: ~kes 29,000/month for studios Bulk-investor discounts available for ≥5 units (up to 5%) Portfolio Services: SPV and syndication support for institutional investors; quarterly distributions possible Custom irr modeling and revenue projections provided on request. Schedule a Viewing or Request Investment Pack Reach out now to secure prime affordable housing units in Nairobi's high-yield corridor. Full investment documentation, financing options, and floor plans available. Mkaazi Real Estate Ltd Nairobi Affiliated Office: Suite a4, 51 Lenana Road, Nairobi 00100, Kenya Head Office: Lamu Road, Opposite Seaview Resort, Malindi, Kilifi 80200, Kenya 237 Garden City is positioned as the best-in-class affordable housing investment in Nairobi---combining accessible pricing, sustainable design, reliable rental income, and strong resale potential. Book your investor consultation today!
