Fuse logo

2 bedroom apartment in Garden City - Thika Road

Garden City- Thika Road

Apartment

Under Construction

Description

This development draws its inspiration from the already bustling character of the wider Garden City precinct and has been designed to be the perfect investment opportunity.The development spans over 2.37 acres and it's the latest addition to the 47-acres Garden City mixed-use development. To residents, who might be your family or tenant, this means access to 47 acres of ample green space, a resident's park, a sports park, and lifestyle and recreational facilities. It also means that the Garden City Mall, including its large iMax Cinema, is only a stroll away.

2br

2

61M2

Completion Date

Expected completion date: 29 Sep 2025

Cash Payment Details

?

Cash Price:

Kshs 7,800,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 522,600)

Installment Payment Details

?

Installment Price:

Kshs 7,800,000

Installment Payment Plan:

20 % deposit, 20 % upon signing of sale agreement, 50 % during construction period, 10 % upon completion & additional 6.7 % of the sale price as closing cost (Kshs 522,600)

Home Loan Payment Details

?

Home Loan Price:

Kshs 8,580,000

Deposit Percentage(%):

25%

Deposit Amount:

Kshs 2,145,000

5yr Repayment Options:

Kshs 135,147

10yr Repayment Options:

Kshs 83,268

15yr Repayment Options:

Kshs 67,196

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 574,860)

Investment Profile
Expected Rent:

Kshs 60,000

Rental Yield(%):

9.23%

Payback Period(years):

11 Years

Service Charge(pm):

Kshs 4,500

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

Backup generator

CCTV

Lift

Parking

Access control

Manned Gate House

Garden City Mall

Other Details
No. of Apartments:

680

Company

+254 743 466209 / +254 757 488833

Navigation

2024 © RentscoreBack To Top