1 bedroom duplex apartment in Garden City- Thika Road

Apartment

Offplan

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

Cash Payment Details

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Cash Price:

Kshs 9,700,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (KES 616,400)

Installment Payment Details

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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 (KES 616,400)

Mortgage Payment Details

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Mortgage Price:

Kshs 9,700,000

Deposit:

20%

Deposit Amount:

Kshs 1,940,000

5yr Repayment Options:

Kshs 162,975 p.m

10yr Repayment Options:

Kshs 100,413 p.m

15yr Repayment Options:

Kshs 81,032 p.m

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 (KES 616,400)

Investment Profile
Expected Rent:

Kshs 65,000

Rental Yield:

8.04%

Payback Period:

12.44 years

Service Charge:

Kshs 0 pm

Disclaimer:

The monthly mortgage 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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