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!
