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1 bedroom duplex apartment in Garden City- Thika Road

Garden City- Thika Road

Apartment

Under Construction

Description

This development is the newest residential development within Garden City, offering 1 & 2 bedroom duplex units and beautifully designed 3 bedroom apartments. The project upholds the brand's promise of innovative design, modern engineering, trusted construction and on time delivery.

1br

1

70M2

Completion Date

Expected completion date: 01 Mar 2025

Cash Payment Details

?

Cash Price:

Kshs 9,700,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 649,900))

Installment Payment Details

?

Installment Price:

Kshs 9,700,000

Installment Payment Plan:

10 % upon signing of offer letter, 10 %upon signing of sale agreement, 10 quarterly payments of 10 % spread across the construction period & additional 6.7 % of the sale price as closing cost (Kshs 649,900)

Home Loan Payment Details ?
Home Loan Price:

Kshs 10,670,000

Deposit Percentage(%):

25%

Deposit Amount:

Kshs 2,667,500

5yr Repayment Options:

Kshs 168,068

10yr Repayment Options:

Kshs 103,551

15yr Repayment Options:

Kshs 83,565

Mortgage Payment Plan:

Approx:25 % deposit, 75 % 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 714,890)

Investment Profile
Expected Rent:

Kshs 65,000

Rental Yield(%):

8.04%

Payback Period(years):

12 Years

Service Charge(pm):

Kshs 0

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

Kid's Play Area

Borehole

Swimming pool

Garden

Fully equipped gym

Backup generator

CCTV

Lift

Parking

Intercom

Club House

Garden City Mall

Company

+254 743 466209 / +254 757 488833

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