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1 bedroom apartment in South C

South C

Apartment

Under Construction

Description

The project is conveniently located in South C off Mombasa Road with easy access to the newly constructed Southern Bypass. It sits on 2.25 acres and comprises 5 blocks with a unit typology of 1, 2 and 3-bedroom apartments. It's characterised by top-notch quality finishes and comes with a built-in hob, oven and extractor hood.

1br

1

50M2

Completion Date

Expected completion date: 29 Nov 2023

Cash Payment Details

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Cash Price:

Kshs 6,050,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 405,350)

Installment Payment Details

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Installment Price:

Kshs 6,050,000

Installment Payment Plan:

10% deposit, 20% upon signing of sale agreement, balance payable within the construction period & additional 6.7 % of the sale price as closing cost (Kshs 405,350)

Home Loan Payment Details

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Home Loan Price:

Kshs 6,050,000

Deposit Percentage(%):

20%

Deposit Amount:

Kshs 1,210,000

5yr Repayment Options:

Kshs 101,650

10yr Repayment Options:

Kshs 62,629

15yr Repayment Options:

Kshs 50,541

Mortgage Payment Plan:

Approx:20% deposit, 80% 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 405,350)

Investment Profile
Expected Rent:

Kshs 38,000

Rental Yield(%):

7.54%

Payback Period(years):

13 Years

Service Charge(pm):

Kshs 7,000

Disclaimer:

The monthly home loan repayments are estimates and may vary depending on the financier.

Rental yields are estimates and may vary with time.

Amenities

Borehole

Swimming pool

Backup generator

CCTV

Lift

Parking

Intercom

Other Details
No. of Apartments:

480

Company

+254 743 466209 / +254 757 488833

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