INTRODUCTION
This is our jewel project located in Kileleshwa nicknamed “Dubai style apartments” Delivered October 2020 with a capital appreciation of 15% Annually .
Details Of The Property
A Three Block development consisting of 1,2 and 3 Bedroom Apartments.2 basement parkings and visitor’s parking.14 Floors of apartments with full back up generators in place.
BLOCK A – 3 bedrooms plus Servants Quarters
BLOCK B – 1, 2 and 3 bedroom Apartment with NO servant’s Quarters
BLOCK C – 2 Bedroom Apartments
Total Build up area is 75% , the rest is open area with block hosting amenities.
The project is 90% Sold and ready for occupation.
Finishing
- Turkish Finishing all across the development ,
- Fitted Kitchen with Bosch appliances of Extractor, Cooker & Oven.
- Gypsum Lighting,
- Turkish laminated floors,
- PVC with a wooden Exterior on Doors and Windows,
- Imported Sanitary ware.
Amenities
- High speed lifts
- Heated Swimming Pool
- Fully equipped gym
- Game Room
- T.V. Room
- Prayer area
- Basement & Ground Parking
- Solar water heating
- Full back-up generator
- CCTV surveillance
- Cable and internet
- Children’s Play Area
Payment Plan
- 30% Deposit on Signing Reservation Form,
- 70% Signing Sales Agreement
Or one that can be customized to your convenience.
For Mortgage
- Reservation fee: 20% of the unit price on signing the reservation form,
- Balance: 80% by the bank on completion.
The anticipated monthly rent for the development is as below-:
Return On Investment
- Rental expectation of the apartment is 50,000/= to 65,000/= Kes inclusive of service charge.
- Annual rental income 660,000
- ROI of 9%
- Payback period of 10 Years
Management
- The property is under Vaal Real Estate management and letting