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2 bedroom apartment in Westlands

Westlands

Apartment

Offplan

Description

This upcoming development situated on Westlands Road, opposite GTC, is a visionary project aimed at redefining investment in the area. It sits on 1.2 acres of land and comprises 2-blocks of 1 and 2- bedroom apartments of various sizes. Groundbreaking for the project will be in July 2024. Flexible payment plans and great ground breaking discounts are available.

2br

2

106M2

Completion Date

Expected completion date: 01 Feb 2027

Cash Payment Details

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Cash Price:

Kshs 12,400,000

Cash Payment Plan:

LIMITED TIME OFFER: 100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 830,800)

Installment Payment Details

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Installment Price:

Kshs 14,750,000

Installment Payment Plan:

LIMITED TIME OFFER: 20% deposit, balance spread out in 8 equal installments & additional 6.7 % of the sale price as closing cost (Kshs 988,250)

Home Loan Payment Details

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Home Loan Price:

Kshs 17,000,000

Deposit Percentage(%):

38%

Deposit Amount:

Kshs 6,460,000

5yr Repayment Options:

Kshs 221,360

10yr Repayment Options:

Kshs 136,386

15yr Repayment Options:

Kshs 110,062

Mortgage Payment Plan:

Approx:38% deposit, 62% 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 1,139,000)

Investment Profile
Expected Rent:

Kshs 115,000

Rental Yield(%):

11.13%

Payback Period(years):

9 Years

Service Charge(pm):

Kshs 12,000

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

Ample parking

Fully equipped gym

Backup generator

Heated swimming pool

High speed lifts

Conference room

Barbeque area at the rooftop

Yoga room

Coffee area

Other Details
No. of Apartments:

600

Company

+254 743 466209 / +254 757 488833

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