a4architect.com

Month: July 2013

  • JUNE 2013

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  • Nairobi June 2013

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  • Nairobi Construction

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  • Current Real Estate Investment Opportunities.

    Current Real Estate Investment Opportunities.

    Joint Venture.

    1.
    Runda.

    Location map.
    http://goo.gl/maps/yJNPG

    http://a4architect.com/2013/05/06/runda-kiambu-road-housing-estate-green-architecture-concept/

    Land size. 7.5 acres.

    2.
    6th Parklands avenue.

    Location.
    http://goo.gl/maps/SE8Zx

    http://a4architect.com/2013/06/07/joint-venture-proposal-parklands-nairobi-city-kenya/

    Land size. 0.5 acres.

    3.

    Ngong road.

    http://goo.gl/maps/qX9XJ

    Land size. 0.5 acres.

    4. Eastleight.

    Map.
    http://goo.gl/maps/jQfjZ

    Land for Sale.

    1.
    Pangani .

    Map.

    http://goo.gl/maps/CWgkS

    1/4 acre plot for sale.

    Kes 65m.

    More details

    http://a4architect.com/2013/05/21/feasibility-study-for-highrise-housing-in-pangani-nairobi-on-a-0-25-acre-plot/

  • Construction Industry Primary School Ebook wall posters.

    class 1

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    Form 1

    Form 2

  • Construction Industry Primary School E book

    class 1

    class 2

    class 3

    class 4

    class 5

    class 6

    class 7

    class 8

    Form 1

    Form 2

  • Property for Sale. July 2013

    COMMERCIAL PROPERTIES

    LOCATION PROPERTY MIN. AVAILABLE SIZE (FT) PRICE PER SQ FEET NOTES
    1. INDUSTRIAL AREA

    (Commercial Street)

    		 Godown on 0.5acre 25,000 150M
    1. KILIMANI (Lenana Road/Arwings Kodhek)
    		 SIFA TOWER 850 12,500 + 1 parking per 1,000 sq ft Completion in June 2014
    1. MOMBASA ROAD

    (former St. James hospital site)

    		 NEXTGEN PARK

    • Shops and offices
    • Doctors Plaza
    		 1,000

    500

    		 Prices available on request Prices are gross and size dependant on floor  and purpose i.e. supermarket , office or shopConstruction on-going
    1. NAIROBI CBD
    		 Tom Mboya Street 250M Has 8 floors, fully occupied
    1. NAKURU TOWN
    		 MALL 250M
    1. NGONG ROAD

    (Opposite Nakumatt Prestige)

    		 JADALA PLACE 1,000 13,500 +1,250,000 parking
    1. PARKLANDS

    (Parklands Rd, opp. Post office)

    		 PARK SUITES 533 14,500 + 1.5M parking Construction on-going
    1. PARKROAD
    		 1 COMMERCIAL BUILDING 2 shops and 18 rooms. 25M (negotiable) Fully occupied with monthly income of Ksh. 124,300.00
    1. UPPERHILL

    (Next to Traffic police)

    		 FORTIS TOWERS 1,000 19,000 + 1.5m Parking Construction on-going
    1. WESTLANDS

    (Waiyaki Way, near ABC place)

    		 THE ADDRESS 1,826 14,000 per sq ft and 1.25M parking One tower, overlooking Muthangari. Ground-breaking in July 2013
    1. WESTLANDS

    (Chiromo Lane)

    		 LOTUS PLAZA 2,000 14,500 per sq ft80.00 to rent per sq ft 6,700 sq ft floor space x 3 floors
    1. WESTLANDS,

    (Karuna Road)

    		 WESTERN HEIGHTS 500 15,000 for typical floor and 20,000 for ground floor + 1.5M parking Construction on-going
    1. WESTLANDS, CHIROMO LANE
    		 MIRAGE 1,000 16,000 + 1.5M parking  Construction on-going, one tower sold, out NEAR ARM

     

    RESIDENTIAL PROPERTIES

    LOCATION

    PROPERTY

    SIZE (BEDROOMS)

    		 PRICE NOTES
    1. ATHI RIVER

    EVEREST

    1 bedroom

    2 bedrooms

    3 bedrooms

    		 2.6M4.2M

    5.7M

    		 120 units60 units

    60 units
    1. EMBAKASI

    Behind Imara Daima, opp. Transami

    Block of flats

    • 11 units, 1 bed
    • 43 units, studio
    • 2 shops
    		 35M (negotiable) Rental income of 324,500 per month
    1. GIGIRI

    (behind UNEP)

    Stand alone mansion

    5 bedroom

    		 85M
    1. HILLVIEW

    4 townhouses

    5 bedroom

    		 75M each On 1 acreWith a ready embassy client. Income of 1.2M monthly
    1. IMARA DAIMA

    Sunrise Estate

    3 bedroom apartment

    		 6.5M Next to Riara Springs school
    1. IMARA DAIMA

    Penthouse

    2 bedroom apartment

    		 4.5M Available immediately
    1. IMARA DAIMA

    (Catherine Ndereva Drive)

    Apartment

    2 bedroom

    		 4.5M 22 units in apartment block
    1. JUJA, THIKA ROAD

    Bungalow

    3 bedroom

    		 6.5M ON 0.125 acre
    1. KABETE

    Kabete Green Villas

    3 bedrooms

    4 bedrooms

    		 65M75M 12 units on 5 acres
    1. KAHAWA WENDANI

    Block of apartments

    20 units,1 bedroom

    10 units, 2 bedroom

    6 units, 3 bedroom

    		 150M
    1. KAREN

    Karen Palms

    4 bedrooms

    		 42M 5 units only
    1. KAREN

    (Kerarapon Drive)

    Baraka Park

    Detached maisonettes

    4 bedroom

    		 25.5M 25 units
    1. KAREN

    (Windy Ridge)

    STAND ALONE

    4 bedroom, 3 ensuite + 3 DSQ

    		 51M On 1 acre
    1. KAREN

    (Ndege Road)

    STAND ALONE

    5 bedroom

    		 70M On 1.5 acre
    1. KAREN

    Townhouse

    4 bedroom

    		 48M Near Karen country club
    1. KAREN

    (near Karen hospital)

    Townhouse

    4 bedrooms

    		 28M
    1. KAREN, Miotoni

    Villa

    4 bedroom

    		 54M On 0.5 acre
    1. KASARANI

    Mwiki

    Block of flats

    • 8 units, 2 bed
    • 2 shops
    		 13.9M Rental income of 120,000 per month
    1. KIAMBU  ROAD

    FIVE STAR MEADOWS

    Country Villas

    3 bed  (2,280 sq ft)

    4 bed (2,830 sq ft)

    22.95M

    29.95M

    		 Each on 1/8th acre
    1. KIANDA

    Kianda Gardens

    Townhouses

    3 bedroom + DSQ

    41M

    		 3,250 SQ FT
    1. KIKUYU

    Ivory Towers

    apartments

    2 bedrooms

    3 bedrooms

    		 7.5M9.5M Ready for occupation – completed October 2012
    1. KIKUYU

    SHAKIWA GARDENS apartments

    2 bedrooms

    3 bedrooms

    		 4.8M6.0M Rent: 22,000 p.m.Rent: 27,500 p.m.
    1. KILELESHWA

    Apartments

    3 bedrooms

    		 17.5M
    1. KILELESHWA

    Penthouse

    2 bedrooms

    		 15.5M Rental income of 88,000 p.m.
    1. KILELESHWA

    2 bedroom

    3 bedroom

    3 w/en-suite guest

    3 duplex attic

    4 duplex attic

    4w/en-suite guest duplex attic
    • 15m
    • 16m
    • 18m
    • 17m
    • 19m
    • 19.5m
    • 134 Sq mt
    • 185 Sq mt
    • 185 Sq. mt
    • 174 Sq. mt
    • 239 Sq. mt
    • 236 Sq. mt
    1. KILELESHWA

    4 bedroom apartment

    		 15.2M
    1. KILELESHWA

    Townhouses

    5 bedrooms

    		 40M 15 units on 1.6 acres
    1. KILELESHWA

    Town house

    		 22M
    1. KILELESHWA (Ole Kejuado/Nyeri Rd junction)

    Apartments

    3 bedroom with DSQ

    		 18M Rental income of 100,000 p.m.
    1. KILIMANI

    (Riara Lane)

    Apartment

    4 bedrooms

    		 18M
    1. KILIMANI

     apartment

    3 bedrooms

    		 16.5M
    1. KISERIAN
    		 Detached townhouse

    4 bedroom

    		 13.5M 19 units in total
    1. KISERIAN

    4 bedroom bungalow

    		 13.5M
    1. KITUSURU

    Villa

    5 bedroom, all en-suite, 3 DSQ

    		 75M
    1. LANGATA

    Langata

    5 units of 2 bedrooms flats

    		 18M Monthly income of Ksh. 100,000
    1. LANGATA

    (Off Amiani Road)

    Semi-detached town houses

    4 bedroom with self contained DSQ

    		 20M Beginning stages. On about 1/8th acre each
    1. LAVINGTON

    (Mbaazi Avenue)

    Apartment

    4 bedrooms

    		 18.5M
    1. LAVINGTON

    Penthouse

    4 bedrooms

    		 22M 2 bedrooms en-suite with attic level
    1. LAVINGTON

    LAVINGTON VILLAS

    5 bedroom with attic

    		 52M 2 out of 3 units remaining not inclusive of the main house
    1. LAVINGTON

    (Chalbi Drive)

    PYRAMID

    Townhouses

    5 bedroom

    		 52M

    6 units in the compound
    1. LAVINGTON

    (Apple Cross Rd)

    PYRAMID SPRINGS

    5 bedroom + study and 2 DSQ

    		 42M

    3 levels, 9 units on 1.3 acres. Ground breaking stages
    1. LAVINGTON

    Apartment

    4 bedrooms

    		 33M
    1. LAVINGTON

    (Kabasarian Drive)

    Mansion

    12 bedroom

    		 120M On 0.75 acres
    1. LAVINGTON

    (Masanduku Lane)

    Apartment

    3 bedrooms

    		 16M In a compound of 32 units
    1. LORESHO

    Villa

    4 bedroom + 2 DSQ

    		 70M On 0.5 acre
    1. MLOLONGO

    Vallley View Estate

    3 bedroom bungalow

    		 5.5M
    1. MLOLONGO

    Bungalow

    3 bedroom

    		 6M
    1. MOMBASA

    Bamburi Flats

    18 x 1 bedroom

    		 38M Ideal for investment
    1. MOMBASA

    Milele Luxury apartments

    1 bedroom

    2 bedrooms

    3 bedrooms

    		 20M24M

    28M
    1. MOMBASA RD

    (former St. James Hospital site)

    NEXTGEN PARK

    1 bedroom

    2 bedroom

    3 bedroom

    2 bedroom deluxe

    		 10.5 – 12M15.5 – 17M

    24.0 – 26.0M

    17.0M – 18.5M

    		 Show houses ready(Prices vary according to floor)
    1. MOMBASA ROAD

    (Muthamia Heights Rd.)

    Zen Ruby Apartments

    1 bedroom

    2 bedrooms

    3 bedrooms

    		 3 M5M

    6M
    1. MOMBASA ROAD

    Maisonette

    4 bedrooms

    		 11.5M
    1. MOMBASA ROAD

    OYSTER BREEZE

    Apartments

    3 bedroom

    		 9M 15 units; 2,000 sq. ft
    1. MOMBASA ROAD

    Honey Suckle Apartments

    3 bedroom apartment

    		 5.0M
    1. MOMBASA ROAD

    Muthama Heights Apartments

    3 bedroom + DSQ

    		 8.5M
    1. MOMBASA ROAD

    Green Park Bungalows

    4 bedroom

    		 9.2M On 0.25 acre, with rental income of 45,000
    1. MOMBASA ROAD

    Maisonette

    4 bedroom

    		 12.5M
    1. MOMBASA ROAD

    Maisonette

    3 bedroom

    		 10.5M
    1. MOMBASA ROAD (Mlolongo)

    Block of flats

    1 bedroom and single units

    		 16M Monthly rental income of 144,000 on the 2 completed floors
    1. MOMBASA ROAD, near JKIA Resort

    FIVE STAR GARDENS

    2 bedroom (830 sq ft) 3 bedroom (1130 sq ft)

    		 5M7M 313 units within 5 courts on 5 acres
    1. NAIVASHA

    SHWARI COUNTRY HOMES

    Exotic 3-bedroom

    		 23M 4 homes set on a 10-acres ranch
    1. NAIVASHA ROAD

    (Wanyee Road)

    Apartment

    3 bedroom

    		 8.5M 150 SQM, with rental income of 45,000
    1. NGONG ROAD

    (After Junction)

    Apartments to let

    2 bedrooms

    3 bedrooms

    3 bedroom + DSQ

    		 57,000 per month72,000 per month

    77,000 per month

    		 91 SQ M141 SQ M
    1. PARKLANDS

    (6TH Avenue)

    Muthaiga Heights

    3 bedrooms

    		 25M – 35M Type A : 1,615 sq ftType B:  2,100 sq ft

    Type C : 2,283 sq ft
    1. PARKLANDS

    CITY PARK APARTMENTS

    3 bedroom with DSQ

    		 18M Beginning stages
    1. PARKLANDS

    Apartments

    4 bedroom

    3 bed penthouses,

    		 23.5M
    1. RIVERSIDE

    Stand-alone house

    6 bedrooms

    		 130M On 0.387 acres; with gym, Jacuzzi, sauna
    1. RIVERSIDE

    Villa

    5 bedroom, all ensuite, 3 DSQ

    		 82M On 0.5 acre
    1. RUIRU

    Monarch Apartments

    2 bedrooms, master en-suite

    3 bedrooms, master en-suite

    		 Cash: 5.57M Installments: 5.79MCash: 6.5M Installments: 6.75M Mortgage available @ 6MMortgage available @ 7M
    1. RUNDA

    Runda Meadows

    4 bedrooms

    		 65M Single unit
    1. RUNDA

    Runda Grove

    5 bedroom house

    		 65M On 0.5 acre
    1. SOUTH B

    Great Wall apartments

    2 bedrooms

    		 3.9M
    1. SOUTH B

    (Opposite Ole-Sereni)

    Apartments

    3 bedroom

    		 8M Rental income of 50,000 per month
    1. SOUTH C

    Medina Park

    3 bedroom apartment

    		 7.5M 3 units available, income of 30,000 per month each
    1. SPRING V ALLEY

    River View villa

    4 bedrooms

    		 105M On 0.5 acre
    1. SPRING VALLEY

    (Opposite Police Station)

    Mansion

    5 bedroom house

    		 90M On 0.5 acre
    1. TENA ESTATE

    Apartments

    11 x 1 and 2 bedroom units

    		 22M Ideal for investment
    1. THIKA

    CHANIA GARDENS

    Bungalow

    3 bedroom

    		 9M
    1. UPPER HILL

    (Near World Bank)

    HIGHRISE APARTMENTS

    3 bedroom

    		 750M 32 units; fully occupied with a rental income of 3.85M monthly
    1. VILLA FRANCA

    (shopping centre)

    MIXED DEVELOPMENT

    Ground floor: commercial unit

    1st floor: 3 bedroom apartment

    		 8M Commercial unit already let, with good income
    1. WESTLANDS

    (Mpaka Road)

    ONE WEST PARK

    2 bedrooms

    3 bedrooms

    4 bedrooms

    		 27.1 – 28.75M32.25 – 35.75M

    38 – 40.75M

    		 Construction on-goingCompletion: January 2014
    1. WESTLANDS

    (Rhapta Road)

    STAND – ALONE  VILLA (on 0.8 acres)

    7 bedroom

    		 185M Ideal for developer
    1. WESTLANDS

    (Mvuli Road)

    ELIXIR

    Apartments

    3 bedroom

    4 bedroom

    		 21M (cash buyer)22.5M (mortgage buyer)

    All sold out

    		 12 units (2,000 sq ft)3 units (3,300 sq  ft)
    1. WESTLANDS

    (Brookside Drive)

    Brookside Gardens apartments

    4 bedroom with DSQ

    		 32MOr  170,000.00 to let 5 units left
    1. ZIMMERMAN

    (Roysambu-Kamiti Road)

    Block of flats

    2 and 3 bedrooms

    		 60M Rental income of 520,000 per month

    RENTALS

    LOCATION

    PROPERTY

    SIZE

    PRICE

    GIGIRI

    U. N. Crescent

    		 10 bedroom house

    USD 10,000

    IMARA DAIMA

    MAISONETTE

    2 Bedroom

    29,000 per month

    IMARA DAIMA

    		 2 bedroom apartment

    27,500 per month

    INDUSTRIAL AREA

    Enterprise Road A

    		 4,000 sq ft go down

    140,000 per month + 10,000 service charge

    KIKUYU

    SHOPPING CENTRE

    500 sq ft

    45,000 per month

    KILELESHWA

    (Suguta Rd)

    NGOLU APARTMENTS

    		 Block A
    -1 unit,2 bedrooms ( 85sqmt) on ground floor

    -6 units each 2 bedrooms (128 sq mt)-on 1st,2nd & 3rd floors

    -2 units-3 bedrooms (174 sq mt)- Attic-Upper duplex

    Block B
    -8 units, 4 bedroom (185sqmt)
    -2 units, 5 bedrooms (234 sqmt

    Block C
    -4 units, 3 bedrooms (185 sqmt
    -1 unit, 4 bedrooms (232 sqmt)

    -4 units, 2 bedrooms (153 sqmt )
    – 1 unit, 3 bedrooms (200 sqmt)

    1 bedroom furnished

    2 bedrooms furnished

    50,000 per month

    70,000 per month

    100,000 per month

    150,000 per month

    200,000 per month

    100,000 per month

    150,000 per month

    70,000 per month

    100,000 – 250,000 per month

    100,000 per month

    120,000 per month

     

    KILELESHWA

    Eagle Court

    3 bedroom apartment

    Studio apartment

    150,000 per month

    7,500 per day

    60,000 per month

    KILELESHWA

    Junction of Ole Kejuado and Nyeri Road

    3 bedroom apartment

    100,00 per month

    KILELESHWA, Siaya Road

    Apartment

    3 bedroom with DSQ

    90,000 per month

    LANGATA ROAD, off Kungu Karumba Rd.

    PARK GARDENS

    2 bedrooms, one ensuite.

    35,000 per month

    MADARAKA

    Furnished apartment

    2 bedroom apartment (Fully equipped kitchen, internet access, TV, towels & sheets provided, transfer and car hire available on request, and maid service

    80,000 monthly

    21,000 weekly

    3,000 daily

    MADARAKA ESTATE

    APARTMENT

    2 bedroom, fully furnished

    80,000 per month

    21,000 per week

    3,000 daily

    MOMBASA ROAD

    Office, opposite City Cabanas and on tarmac. On 2nd floor

    2,500 sq ft

    75.00 per sq ft per month , inclusive of service charge

    MOMBASA ROAD

    Office, opposite Gateway Park

    On 4th floor

    1,987 sq ft

    50.00 per sq ft per month , inclusive of service charge

    MOMBASA ROAD

    Office, opposite JKIA exit

    1,500 – 3,500 sq ft70.00 per sq ft per month , inclusive of VAT and service charge.

     

    Minimum lease 5years, 3 months; 3 months deposit and quarterly payments.

    MOMBASA ROAD

    North Airport Road

    5,400 sq ft go down

    220,000 per month, all inclusive

    MOMBASA ROD

    HONEY SUCKLE ESTATE

    5 bedroom maisonette, master en-suite

    35,000 per month

    3,000 service charge

    NGONG ROAD

    Morning Side

    Office space –

    351,000 per month

    NGONG ROAD, Riara Road

    Apartment

    3 bedroom

    90,000 + 5,000 service  charge per month

    NYARI

    Next to the Nyari police post

    5 bedroom villa

    250,000 per month

    RIARA SPLENDOUR

    Apartments

    3 bedroom

    90,000 per month

    STATE HOUSE RD, near Arboretum Park

    Apartment

    2 bedroom

    150,000 per month

    UPPER HILL

    ABCON HOUSE

    From 1,000 sq ft

    110/= per sq ft (+ service charge)

    UPPER HILL

    Serene Valley apartments

    2 bedroom

     

    3 bedroom

    150,000 per month

    180,00 per month

    UPPER HILL (Kolobot Drive)

     2 bedroom apartment, furnished

     

    2 bedroom apartment, unfurnished

    150,000 per month

     

    85,000 per month

     

    UPPER HILL (Kolobot Drive)

    Furnished and Serviced Apartments

    (Serviced: inclusive of electricity, water, internet &

    1 bedroom furnished, not serviced

     

    2 bedroom  furnished and serviced

    2 bedroom, furnished and not serviced

    3 bedroom furnished

    3 bedroom unfurnished

    90,000 per month

     

    160,000 per month

    120,000 per month

    170,000 per month

    130,000 per month

     

    UPPER HILL, near Geomaps

    APARTMENTS

    Pent house fully furnished
    4 bedroom fully furnished

    220,000 per month

    300,000 per month

     

    LAND FOR SALE

    AREAS

    LOCATION

    SIZE

    PRICE

    NOTES
    1. EMBAKASI

    Next to Pipeline

    33 x 66 sq ft

    2.8M
    1. GIGIRI

    After Rwandan Embassy

    3.5 acres

    400M

    Has an old  4 bedroom house
    1. GIGIRI

    Behind Village Market; rear entrance

    1 acre

    180M
    1. GIGIRI

    Opposite U.S. Embassy

    1 acre

    250M
    1. GIGIRI

    Gigiri Close

    0.8 acre

    90M
    1. GIGIRI

    Next to Turkish Embassy

    3 acres

    500M
    1. ISINYA

    KAJIADO

    8 acres

    800,000 per acre
    1. JUJA

    JKUAT flyover, proceed 7 Kms on Thika- Makongeni  Bypass.

    20 acres

    2.7M per acre

    Ideal for estates as per the upcoming Daykio estate nearby
    1. JUJA

    Kisaju – 2kms off tarmac

    15 acres

    1.7m per acre

    Ideal for developers
    1. KAREN

    Near Karen country club

    2 parcels on 1 acre each

    32M per parcel
    1. KAREN

    Near Karen country club

    0.5 acre each

    25M per parcel
    1. KAREN

    Near Kenya School of Law

    30 acres

    30M per acre

    All the documents are ready
    1. KAREN

    Windy Ridge

    5 acres

    150M
    1. KAREN

    3km on the way to Dagoretti, 0.5km from main road

    8.7 acres

    105M
    1. KAREN

    Next to Banda School

    4.2 acres

    32M per acre
    1. KAREN

    Windy Ridge

    5 acres

    26M per acre

    Market price is 30M
    1. KERICHO

    6,000 acres

    1.4M per acre

    Has tea, school and factory on it.
    1. KIAMBU ROAD

    1st row, after and opposite Muthaiga Golf

    2.16 acres

    220M
    1. KIAMBU ROAD

    After Village Inn, near Starehe Girls

    62 acres

    25M per acre
    1. KILELESHWA

    Kandara Road

    0.75 acre

    120M

    Flat, on sewer – suitable for flats
    1. KILELESHWA

    Othaya Road

    0.8 acres

    140M
    1. KILIFI

    Fronting Sabaki River for 12 kms

    51,000 acres

    120,000 per acre
    1. KILIMANI

    Chaka Road, near Nyangumi Road

    1 acre

    250M
    1. KILIMANI

    Dennis Pritt Road

    1 acre

    185M
    1. KISERIAN

    Overlooking the upcoming dam

    5 – 10 acres

    3.5M per acre
    1. KISERIAN

    12 Km off Pipeline Road

    1/8th acres plots

    400,000.00 per plot

    Ideal for either residential or investment purposes
    1. KITENGELA

    Behind Yukos, 300m from the road

    50 x 100

    1.4M

    Clean title, all weather road
    1. KYUNA

    3 acres

    370M
    1. LAVINGTON

    Touching Kingara Rd

    1.075 acres

    190M

    Flat, on sewer – suitable for flats
    1. LAVINGTON

    Diani Road

    0.9 acres

    185M
    1. LAVINGTON

    Gitanga Road

    0.5 acre

    90M
    1. LAVINGTON

    Ngecha Road

    1 acre

    80M
    1. LAVINGTON

    Gitanga Road

    1 acre

    165M
    1. LENANA RD

    1 acre

    230M
    1. MACHAKOS

    Behind Lukenya Hills, 1 Km off Mombasa Rd

    8 acres

    3M per acre

    Accessed by a private road
    1. MOMBASA

    Msawambeni, on beach

    10 acres

    9M per acre
    1. MOMBASA

    South Coast, on beach

    10 acres

    110M

    Ideal to put up a resort
    1. MOMBASA ROAD

    Next to Nation Printers

    Upto 70 acres

    50M

    Prime property for developer
    1. MOMBASA ROAD

    Athi River, touching tarmac

    2.5 acres

    75M

    Prime property for developer
    1. MOMBASA ROAD

    Sabaki Area

    0.125 acres

    1.3M

    Fast growing area, ideal for residential use
    1. MOMBASA ROAD
    		 Behind  Gables Park apartments and next to 3600 Apartments

    0.25 acres

    15M

    Ideal for a developer
    1. MOMBASA ROAD

    Behind Airtel

    10 acres

    42M per acre
    1. NAIROBI

    LORESHO

    2 ½ acre

    200M

    Ideal for developer
    1. NAIROBI

    SPRING VALLEY

    4.5 acres
    1. NGONG ROAD

    Ndemi Road (after Adams Roundabout)

    0.5 acre

    150M (negotiable)
    1. NGONG ROAD

    Touching 2nd & 3rd Ngong Avenue

    1 acre

    330M
    1. NGONG ROAD

    Kabaranet Road, behind Uchumi

    0.7 acre

    240M (negotiable)

    Suitable for tall flats
    1. NGONG ROAD

    200m from Adams

    1 acre

    350M (negotiable)
    1. NYERI

    Near the CBD

    0.5 acres

    10M
    1. OLD MUTHAIGA
    		 OPPOSITE Gertrude’s Hospital

    4.5 acres

    USD 10M
    1. OLD MUTHAIGA

    With a 4br bungalow

    0.75 acre

    200M or to let for 380,000 per month
    1. OLD RUNDA

    1.5 acres

    70M
    1. PARKLANDS

    1st Avenue, near MP Shah Hospital

    0.25 acre

    80M
    1. PARKLANDS

    2nd Avenue

    0.5 acres

    130M
    1. REDHILL

    15 acres

    9.5M per acre

    Market price is 14M
    1. RONGAI

    Touching the tarmac

    1 acre

    25M (negotiable)

    Ideal for commercial venture
    1. RONGAI

    Tuala Centre

    50 x 100

    900,000

    Ideal for residential use. Each has a title
    1. RUIRU

    9 kms off Thika Superhighway

    140

    8M per acre (negotiable)
    1. RUIRU

    Next to Tatu City

    		 420 acres in 3 parcels of 100 acres and 1 of 120 acres

    8M per acre
    1. RUIRU

    139 acres

    9M per acre
    1. RUNDA

    Kigwaru

    7 parcels of 0.5 acre each

    18M per parcel
    1. RUNDA

    Runda Water

    2 acres

    120M
    1. RUNDA WATER

    2 acres

    125M
    1. THIGIRI RIDGE

    1 acre

    56M
    1. THIKA

    Juja

    850 acres

    6M per acre
    1. UPPERHILL

    Next to Equity Bank

    2.4 acres

    800M
    1. UPPERHILL

    Kilimanjaro Road

    1.7 acres

    750M
    1. UPPERHILL

    Near British High Commission

    4 acres

    450M per acre
    1. VALLEY ARCADE

    Mbaazi Road

    1.01 acre

    180M
    1. WAIYAKI WAY

    Near St. Mark’s church

    1 acre

    360M
    1. WESTLANDS

    Behind Corner Plaza, next to 9 West

    0.77 acre

    350M

    For commercial use
    1. WESTLANDS

    Off Peponi Road

    4.5 acres

    700M

     

  • Capital Gains Tax in Kenya. Why Uhuru Kenyatta Government needs to borrow from Pennsylvania.

    Capital Gains Tax in Kenya. Why Uhuru Kenyatta Government needs to borrow from Pennsylvania.

    The Uhuru Kenyatta Government has recently reintroduced and revitalized Capital Gains Tax in Kenya.


    Capital Gains Tax definition.

    Capital Gains tax is a tax levied on profits accrued from the sale of an asset bought at much lower cost than the sale price.
    The most common assess that attract capital gains tax are stocks and real estate property.

    The main aim of tax is to enable funding of infrastructure ,hence increasing productivity.
    Tax should also not be seen as punitive. It should be able to encourage growth, investment and create opportunities.

    Kenyan Situation.

    An enforcement of Capital Gains tax within land and property investment transactions will lead to the investors pushing the taxes to the purchasers, thereby increasing cost of land and buildings. The same situation will apply in case of enforcement of Rental income tax.

    Use of Property tax for Infrastructure.

    If the tax collected can be appropriately used to increase the infrastructure on the property, then this becomes a win win situation. For this to happen, the Government will need to be sure that all other sectors such as food security, health, education etc are well taken care of so that the rental and capital gains tax go to improve the infrastructure on the properties that enabled and raised the tax, thereby creating a win win situation.


    Example. Block of flats.

    For example, if a block of flats in Rongai paid rental income and capital gains tax then a tarmac road and sewer system were installed by the Governemnt, this will in turn enable the investors get better rents in a win win situation.
    If the tax from the same flat all goes into public health and education in Moyale for example, the investors will not benefit .

    Solution.

    2 rate Property tax method. Pennsylvania situation.

    Pennsylvania’s capital city, Harrisburg, was voted 2nd best city to live in the US by Forbes Magazine for year 2010.

    Pennsylvania, in the USA has come up with an ingenious method of taxation of properties.
    It’s called the 2 rate method.
    In this method, there are 2 separate tax rates for land and buildings.
    The tax for land is higher than for developed property.

    High development means lower tax.

    The tax rate is designed such that the more the development on a building, the lesser the land tax. Land tax is highest on vacant undeveloped land.
    This discourages people from holding land for long without developing it. People without funds to develop are forced to sell to developers. This has created alot of new job opportunities due to many construction projects.


    Advantages to Pennsylvania.

    As of 2010,this enabled a 28% reduction in crime rate, created thousands of new jobs and enabled usd 48 billion worth of new investments into Pennsylvania.
    Vacant underutilized lands fell by 80%.

    This taxation method has enabled Pennsylvania’s capital city, Harrisburg, win the 2nd best place to raise a family position by Forbes Magazine.

    Advantages to Kenya.

    With such well designed taxes, Kenya can be able to encourage investment in Real Estate, collect more taxes and spur economic growth.

    Francis Gichuhi Kamau, Architect.
    info@a4architect.com
    www.a4architect.com

  • House for sale, Malindi

    Acreage -1.7766877 Acres (Approx)
    Built area (House roof)- 208 sq m
    2 Villas each 4 bedrooms
    2 Swimming pool Approx 5mx12m
    Built in 2005
    Approx 600m from the beach
    Single title.

    Expected rent for short stays 20-30k per villa
    Monthy rent 120-160k per month

    Price. Offer invited.

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