For Sale: Apartment, Kasarani, Nairobi | 1 Beds, 1 Baths | Kenya Property Centre (Ref: 6016)

Apartment

Property is currently not on the market
It may now be rented/sold, under offer or temporarily withdrawn from the market.

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Property Description

Looking to invest in affordable housing in a high demand location, 265 Elmer One is the right real estate investment for you. 265 Elmer One is located in Kasarani, a highly populated area with high rental demand and in close proximity to all key services ensuring sustained tenancy. Not only this, but Elmer is a differentiated high quality product compared to the stock in the wider Kasarani area, making it highly competitive in the rental market hence guarantees sustainable occupancy.

Elmer One comprises of 265 studio, 1 bedroom, 1 bedroom loft and 2 bedroom unit apartments.

Expected rental yield for Elmer One is 7.5% per annum with an expected competitive annualized return of more than 21%. Price and size is as follows:

Studio measuring 20 SQM selling at 2.1 million. 42 units in total.
1 bedroom measuring 40 SQM selling at 4 million. 40 units in total.
1 bedroom loft measuring 40 SQM selling at 4.2 million. Master bedroom en-suite. 24 units in total.
2 bedroom measuring 60 SQM selling at 5.2 million. 118 units in total.
Elmer is 1 km from Thika Super Highway, 20 minutes' to CBD, 10 minutes' to TRM, 20 minutes' to Garden city mall, 10 minutes' to Moi International Sports Center and 40 minutes' to Thika Town. Hospitals within reach include, St.Johns Hospital, St.Francis Hospital and Kenyatta University Hospital. Mountain View School, Braeburn Garden Estate, USIU, Kenyatta University and, JKUAT are some of the schools within close proximity.

Amenities include:

Courtyard garden
Ample parking
Rooftop garden
Juliet balcony
Bay window
Calm outdoor living space
Rooftop lounges
Rooftop mini tennis court
Rooftop mini soccer pitch
Open-plan kitchen
Wheelchair access
Lift and staircase
Back-up generator for common areas
Reliable water supply-Borehole
Internet provision
CCTV


Property Details

Property Ref: 6016Added On: 18 Aug 2020Last Updated: 23 Apr 2022
Market Status: Not AvailableType: ApartmentBedrooms: 1
Bathrooms: 1      

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