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ViewRiruta
Apartment
Under Construction
The project is conveniently located in Riruta, 100m away from the Kikuyu / Naivasha Road Junction. It comprises Studio, 1, 2 and 3 - bedroom apartments, designed to provide a unique investment opportunity in affordable housing. Spanning over 7.5 acres and centered around a green park with recreational facilities, it is planned to be Riruta's Only Urban Oasis. For the discerning investor, the project’s strategic location means sustained high occupancy rates, inflation - hedged rental income with yields above 8 % and a projected total overall return of more than 20 % over the medium term. Phase 1 of the project is sold out and construction is currently underway, with Tower A on schedule for completion and handover in November 2025, and Tower B in Q3 2026. Construction of the currently available Phase 2 is set to begin in Q1 2026, and expected completion is in Q4 of 2027.
1br
1
45M2
Project Commencement date: 31 Aug 2023
Expected completion date: 01 Dec 2027
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Kshs 4,900,000
100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 328,300)
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Kshs 4,900,000
20 % upon the offer letter, 10 % upon signing of sale agreement, balance structured in instalments over the construction period & additional 6.7 % of the sale price as closing cost (Kshs 328,300)
Kshs 5,390,000
30%
Kshs 1,617,000
Kshs 79,241
Kshs 48,822
Kshs 39,399
Approx:30 % deposit, 70 % balance paid upon completion by the financier. Home loan processing fees & closing cost at 4.5% of the sale price. Closing cost of the property at 6.7% of the sale price (Kshs 361,130)
Kshs 35,000
8.57%
12 Years
Kshs 3,900
The monthly home loan repayments are estimates and may vary depending on the financier.
Rental yields are estimates and may vary with time.
24 hour security
Access road (Ndwaru Road)
Club House
Backup generator
Swimming pool
Kid's Play Area
Retail shops
Ample green spaces
Gym
Parking
Ample parking
Sports facilities
7.50 acres
385
11