Comparison of Maisonette row houses vs Apartment block on 50×100 plot in Njiru.

Comparison of Maisonette row houses vs Apartment block on 50×100 plot in Njiru.

The plot measures 33meters by 21 meters and is located in Njiru, 1 km off main Kangundo road tarmac access.

2 bedroomed Apartment block.

The plot can fit 4 units of 2 bedroomed typology per floor. The area has low rise building types, maximum 3 floor levels. Assuming 3 floors, the plot can accommodate 12 units comfortably.

The cost of construction for these units is kes 33m.

The total rent collected per year will be kes 2.8m. This works out to a Return on Investment of 12 years.

Maisonette row house typology.

The plot can fit in 6 maisonettes ,each comprising of 3 bedroomed typology.

The cost of construction for the 6 units is kes 30m.

The rental income per year from the 6 units is kes 2.5m.

The Return on Investment is 11.5 years.

Conclusion.

Row house maisonettes have a slightly higher return on investment compared to apartment block typology.

Apartment block typology units have a slightly higher rental income than Row house maisonette types.

Row house maisonettes costs less than apartment block types for the same plot size .

Architect Francis Gichuhi Kamau.

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