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Property for Sale. July 2013

COMMERCIAL PROPERTIES

LOCATION	PROPERTY	MIN. AVAILABLE SIZE (FT)	PRICE PER SQ FEET	NOTES
INDUSTRIAL AREA (Commercial Street)	Godown on 0.5acre	25,000	150M
KILIMANI (Lenana Road/Arwings Kodhek)	SIFA TOWER	850	12,500 + 1 parking per 1,000 sq ft	Completion in June 2014
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
NAIROBI CBD	Tom Mboya Street		250M	Has 8 floors, fully occupied
NAKURU TOWN	MALL		250M
NGONG ROAD (Opposite Nakumatt Prestige)	JADALA PLACE	1,000	13,500 +1,250,000 parking
PARKLANDS (Parklands Rd, opp. Post office)	PARK SUITES	533	14,500 + 1.5M parking	Construction on-going
PARKROAD	1 COMMERCIAL BUILDING	2 shops and 18 rooms.	25M (negotiable)	Fully occupied with monthly income of Ksh. 124,300.00
UPPERHILL (Next to Traffic police)	FORTIS TOWERS	1,000	19,000 + 1.5m Parking	Construction on-going
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
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
WESTLANDS, (Karuna Road)	WESTERN HEIGHTS	500	15,000 for typical floor and 20,000 for ground floor + 1.5M parking	Construction on-going
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
ATHI RIVER	EVEREST	1 bedroom 2 bedrooms 3 bedrooms	2.6M4.2M 5.7M	120 units60 units 60 units
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
GIGIRI (behind UNEP)	Stand alone mansion	5 bedroom	85M
HILLVIEW	4 townhouses	5 bedroom	75M each	On 1 acreWith a ready embassy client. Income of 1.2M monthly
IMARA DAIMA	Sunrise Estate	3 bedroom apartment	6.5M	Next to Riara Springs school
IMARA DAIMA	Penthouse	2 bedroom apartment	4.5M	Available immediately
IMARA DAIMA (Catherine Ndereva Drive)	Apartment	2 bedroom	4.5M	22 units in apartment block
JUJA, THIKA ROAD	Bungalow	3 bedroom	6.5M	ON 0.125 acre
KABETE	Kabete Green Villas	3 bedrooms 4 bedrooms	65M75M	12 units on 5 acres
KAHAWA WENDANI	Block of apartments	20 units,1 bedroom 10 units, 2 bedroom 6 units, 3 bedroom	150M
KAREN	Karen Palms	4 bedrooms	42M	5 units only
KAREN (Kerarapon Drive)	Baraka Park Detached maisonettes	4 bedroom	25.5M	25 units
KAREN (Windy Ridge)	STAND ALONE	4 bedroom, 3 ensuite + 3 DSQ	51M	On 1 acre
KAREN (Ndege Road)	STAND ALONE	5 bedroom	70M	On 1.5 acre
KAREN	Townhouse	4 bedroom	48M	Near Karen country club
KAREN (near Karen hospital)	Townhouse	4 bedrooms	28M
KAREN, Miotoni	Villa	4 bedroom	54M	On 0.5 acre
KASARANI	Mwiki	Block of flats 8 units, 2 bed 2 shops	13.9M	Rental income of 120,000 per month
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 1/8^th acre
KIANDA	Kianda Gardens Townhouses	3 bedroom + DSQ	41M	3,250 SQ FT
KIKUYU	Ivory Towers apartments	2 bedrooms 3 bedrooms	7.5M9.5M	Ready for occupation – completed October 2012
KIKUYU	SHAKIWA GARDENS apartments	2 bedrooms 3 bedrooms	4.8M6.0M	Rent: 22,000 p.m.Rent: 27,500 p.m.
KILELESHWA	Apartments	3 bedrooms	17.5M
KILELESHWA	Penthouse	2 bedrooms	15.5M	Rental income of 88,000 p.m.
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
KILELESHWA		4 bedroom apartment	15.2M
KILELESHWA	Townhouses	5 bedrooms	40M	15 units on 1.6 acres
KILELESHWA	Town house		22M
KILELESHWA (Ole Kejuado/Nyeri Rd junction)	Apartments	3 bedroom with DSQ	18M	Rental income of 100,000 p.m.
KILIMANI (Riara Lane)	Apartment	4 bedrooms	18M
KILIMANI	apartment	3 bedrooms	16.5M
KISERIAN	Detached townhouse	4 bedroom	13.5M	19 units in total
KISERIAN		4 bedroom bungalow	13.5M
KITUSURU	Villa	5 bedroom, all en-suite, 3 DSQ	75M
LANGATA	Langata	5 units of 2 bedrooms flats	18M	Monthly income of Ksh. 100,000
LANGATA (Off Amiani Road)	Semi-detached town houses	4 bedroom with self contained DSQ	20M	Beginning stages. On about 1/8^th acre each
LAVINGTON (Mbaazi Avenue)	Apartment	4 bedrooms	18.5M
LAVINGTON	Penthouse	4 bedrooms	22M	2 bedrooms en-suite with attic level
LAVINGTON	LAVINGTON VILLAS	5 bedroom with attic	52M	2 out of 3 units remaining not inclusive of the main house
LAVINGTON (Chalbi Drive)	PYRAMID Townhouses	5 bedroom	52M	6 units in the compound
LAVINGTON (Apple Cross Rd)	PYRAMID SPRINGS	5 bedroom + study and 2 DSQ	42M	3 levels, 9 units on 1.3 acres. Ground breaking stages
LAVINGTON	Apartment	4 bedrooms	33M
LAVINGTON (Kabasarian Drive)	Mansion	12 bedroom	120M	On 0.75 acres
LAVINGTON (Masanduku Lane)	Apartment	3 bedrooms	16M	In a compound of 32 units
LORESHO	Villa	4 bedroom + 2 DSQ	70M	On 0.5 acre
MLOLONGO	Vallley View Estate	3 bedroom bungalow	5.5M
MLOLONGO	Bungalow	3 bedroom	6M
MOMBASA	Bamburi Flats	18 x 1 bedroom	38M	Ideal for investment
MOMBASA	Milele Luxury apartments	1 bedroom 2 bedrooms 3 bedrooms	20M24M 28M
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)
MOMBASA ROAD (Muthamia Heights Rd.)	Zen Ruby Apartments	1 bedroom 2 bedrooms 3 bedrooms	3 M5M 6M
MOMBASA ROAD	Maisonette	4 bedrooms	11.5M
MOMBASA ROAD	OYSTER BREEZE Apartments	3 bedroom	9M	15 units; 2,000 sq. ft
MOMBASA ROAD	Honey Suckle Apartments	3 bedroom apartment	5.0M
MOMBASA ROAD	Muthama Heights Apartments	3 bedroom + DSQ	8.5M
MOMBASA ROAD	Green Park Bungalows	4 bedroom	9.2M	On 0.25 acre, with rental income of 45,000
MOMBASA ROAD	Maisonette	4 bedroom	12.5M
MOMBASA ROAD	Maisonette	3 bedroom	10.5M
MOMBASA ROAD (Mlolongo)	Block of flats	1 bedroom and single units	16M	Monthly rental income of 144,000 on the 2 completed floors
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
NAIVASHA	SHWARI COUNTRY HOMES	Exotic 3-bedroom	23M	4 homes set on a 10-acres ranch
NAIVASHA ROAD (Wanyee Road)	Apartment	3 bedroom	8.5M	150 SQM, with rental income of 45,000
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
PARKLANDS (6^TH Avenue)	Muthaiga Heights	3 bedrooms	25M – 35M	Type A : 1,615 sq ftType B: 2,100 sq ft Type C : 2,283 sq ft
PARKLANDS	CITY PARK APARTMENTS	3 bedroom with DSQ	18M	Beginning stages
PARKLANDS	Apartments	4 bedroom 3 bed penthouses,	23.5M
RIVERSIDE	Stand-alone house	6 bedrooms	130M	On 0.387 acres; with gym, Jacuzzi, sauna
RIVERSIDE	Villa	5 bedroom, all ensuite, 3 DSQ	82M	On 0.5 acre
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
RUNDA	Runda Meadows	4 bedrooms	65M	Single unit
RUNDA	Runda Grove	5 bedroom house	65M	On 0.5 acre
SOUTH B	Great Wall apartments	2 bedrooms	3.9M
SOUTH B (Opposite Ole-Sereni)	Apartments	3 bedroom	8M	Rental income of 50,000 per month
SOUTH C	Medina Park	3 bedroom apartment	7.5M	3 units available, income of 30,000 per month each
SPRING V ALLEY	River View villa	4 bedrooms	105M	On 0.5 acre
SPRING VALLEY (Opposite Police Station)	Mansion	5 bedroom house	90M	On 0.5 acre
TENA ESTATE	Apartments	11 x 1 and 2 bedroom units	22M	Ideal for investment
THIKA	CHANIA GARDENS Bungalow	3 bedroom	9M
UPPER HILL (Near World Bank)	HIGHRISE APARTMENTS	3 bedroom	750M	32 units; fully occupied with a rental income of 3.85M monthly
VILLA FRANCA (shopping centre)	MIXED DEVELOPMENT	Ground floor: commercial unit 1^st floor: 3 bedroom apartment	8M	Commercial unit already let, with good income
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
WESTLANDS (Rhapta Road)	STAND – ALONE VILLA (on 0.8 acres)	7 bedroom	185M	Ideal for developer
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)
WESTLANDS (Brookside Drive)	Brookside Gardens apartments	4 bedroom with DSQ	32MOr 170,000.00 to let	5 units left
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 2^nd floor

2,500 sq ft

75.00 per sq ft per month , inclusive of service charge

MOMBASA ROAD

Office, opposite Gateway Park

On 4^th 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
EMBAKASI	Next to Pipeline	33 x 66 sq ft	2.8M
GIGIRI	After Rwandan Embassy	3.5 acres	400M	Has an old 4 bedroom house
GIGIRI	Behind Village Market; rear entrance	1 acre	180M
GIGIRI	Opposite U.S. Embassy	1 acre	250M
GIGIRI	Gigiri Close	0.8 acre	90M
GIGIRI	Next to Turkish Embassy	3 acres	500M
ISINYA	KAJIADO	8 acres	800,000 per acre
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
JUJA	Kisaju – 2kms off tarmac	15 acres	1.7m per acre	Ideal for developers
KAREN	Near Karen country club	2 parcels on 1 acre each	32M per parcel
KAREN	Near Karen country club	0.5 acre each	25M per parcel
KAREN	Near Kenya School of Law	30 acres	30M per acre	All the documents are ready
KAREN	Windy Ridge	5 acres	150M
KAREN	3km on the way to Dagoretti, 0.5km from main road	8.7 acres	105M
KAREN	Next to Banda School	4.2 acres	32M per acre
KAREN	Windy Ridge	5 acres	26M per acre	Market price is 30M
KERICHO		6,000 acres	1.4M per acre	Has tea, school and factory on it.
KIAMBU ROAD	1^st row, after and opposite Muthaiga Golf	2.16 acres	220M
KIAMBU ROAD	After Village Inn, near Starehe Girls	62 acres	25M per acre
KILELESHWA	Kandara Road	0.75 acre	120M	Flat, on sewer – suitable for flats
KILELESHWA	Othaya Road	0.8 acres	140M
KILIFI	Fronting Sabaki River for 12 kms	51,000 acres	120,000 per acre
KILIMANI	Chaka Road, near Nyangumi Road	1 acre	250M
KILIMANI	Dennis Pritt Road	1 acre	185M
KISERIAN	Overlooking the upcoming dam	5 – 10 acres	3.5M per acre
KISERIAN	12 Km off Pipeline Road	1/8th acres plots	400,000.00 per plot	Ideal for either residential or investment purposes
KITENGELA	Behind Yukos, 300m from the road	50 x 100	1.4M	Clean title, all weather road
KYUNA		3 acres	370M
LAVINGTON	Touching Kingara Rd	1.075 acres	190M	Flat, on sewer – suitable for flats
LAVINGTON	Diani Road	0.9 acres	185M
LAVINGTON	Gitanga Road	0.5 acre	90M
LAVINGTON	Ngecha Road	1 acre	80M
LAVINGTON	Gitanga Road	1 acre	165M
LENANA RD		1 acre	230M
MACHAKOS	Behind Lukenya Hills, 1 Km off Mombasa Rd	8 acres	3M per acre	Accessed by a private road
MOMBASA	Msawambeni, on beach	10 acres	9M per acre
MOMBASA	South Coast, on beach	10 acres	110M	Ideal to put up a resort
MOMBASA ROAD	Next to Nation Printers	Upto 70 acres	50M	Prime property for developer
MOMBASA ROAD	Athi River, touching tarmac	2.5 acres	75M	Prime property for developer
MOMBASA ROAD	Sabaki Area	0.125 acres	1.3M	Fast growing area, ideal for residential use
MOMBASA ROAD	Behind Gables Park apartments and next to 360⁰ Apartments	0.25 acres	15M	Ideal for a developer
MOMBASA ROAD	Behind Airtel	10 acres	42M per acre
NAIROBI	LORESHO	2 ½ acre	200M	Ideal for developer
NAIROBI	SPRING VALLEY	4.5 acres
NGONG ROAD	Ndemi Road (after Adams Roundabout)	0.5 acre	150M (negotiable)
NGONG ROAD	Touching 2^nd & 3^rd Ngong Avenue	1 acre	330M
NGONG ROAD	Kabaranet Road, behind Uchumi	0.7 acre	240M (negotiable)	Suitable for tall flats
NGONG ROAD	200m from Adams	1 acre	350M (negotiable)
NYERI	Near the CBD	0.5 acres	10M
OLD MUTHAIGA	OPPOSITE Gertrude’s Hospital	4.5 acres	USD 10M
OLD MUTHAIGA	With a 4br bungalow	0.75 acre	200M or to let for 380,000 per month
OLD RUNDA		1.5 acres	70M
PARKLANDS	1st Avenue, near MP Shah Hospital	0.25 acre	80M
PARKLANDS	2^nd Avenue	0.5 acres	130M
REDHILL		15 acres	9.5M per acre	Market price is 14M
RONGAI	Touching the tarmac	1 acre	25M (negotiable)	Ideal for commercial venture
RONGAI	Tuala Centre	50 x 100	900,000	Ideal for residential use. Each has a title
RUIRU	9 kms off Thika Superhighway	140	8M per acre (negotiable)
RUIRU	Next to Tatu City	420 acres in 3 parcels of 100 acres and 1 of 120 acres	8M per acre
RUIRU		139 acres	9M per acre
RUNDA	Kigwaru	7 parcels of 0.5 acre each	18M per parcel
RUNDA	Runda Water	2 acres	120M
RUNDA WATER		2 acres	125M
THIGIRI RIDGE		1 acre	56M
THIKA	Juja	850 acres	6M per acre
UPPERHILL	Next to Equity Bank	2.4 acres	800M
UPPERHILL	Kilimanjaro Road	1.7 acres	750M
UPPERHILL	Near British High Commission	4 acres	450M per acre
VALLEY ARCADE	Mbaazi Road	1.01 acre	180M
WAIYAKI WAY	Near St. Mark’s church	1 acre	360M
WESTLANDS	Behind Corner Plaza, next to 9 West	0.77 acre	350M	For commercial use
WESTLANDS	Off Peponi Road	4.5 acres	700M

July 5, 2013

Real Estate Investment. 3 Land Price Options. kes 1, 2 and 3 m per Plot.

LAND KES 1 M PER PLOT.	contribution per share.KES	587,422.67


Monthly earnings per share .KES	4800

Cost Item	Kshs	%
Land	1,000,000.00	14.18626452
Preliminary	120,000.00	1.702351742
Construction	5,040,000.00	71.49877317
External Works	100,800.00	1.429975463
Contingency	75,600.00	1.072481598
Professional fees	403,200.00	5.719901854
Project Management fees	50,400.00	0.714987732
Marketing	250,000.00	3.54656613
Financial Charges	9,072.00	0.128697792
Total	7,049,072.00	100



Financing Plan	Kshs	%
Developer	7,049,072.00	100
	0.00	0
Debt Finance	0.00	0
Presales	0.00	0
Total	7,049,072.00	100


PROFIT
3 OPTIONS AS BELOW.

1. SALE OPTION

TOTAL SALES FOR 4 UNITS	8,800,000.00
TOTAL EXPENDITURE	7,049,072.00

NET PROFIT	1,750,928.00

% Profit Margin	24.83912776

Take home ammount.	2,750,928.00

2. RENT OPTION.

Rent per Month	57600	57600

Rent per year	691,200.00

Return on Investment in years	10.20

Return on investment minus land	8.75	6,049,072.00


3. FULLY FURNISHED OPTION

Fully furnished.

Per bedroom daily	1000

Per unit daily	3000

Per 4 units daily	12000

Per 4 units yearly	4,380,000.00

Per 4 units 50% occupancy	2,190,000.00

4 units 50% occupancy. Monthly	182,500.00


Return on Investment in years	3.22


Number of rooms	12

Number of ownership shares	12

Total value per share	587,422.67

Total monthly earnings per share . Rent	4800

Total monthly earnings per share. Fully furnished.	15,208.33




LAND KES 2M PER PLOT	contribution per share.KES	777,566.67


Monthly earnings per share .KES	6300


Cost Item	Kshs	%
Land	2,000,000.00	21.43438933
Preliminary	120,000.00	1.28606336
Construction	6,000,000.00	64.303168
External Works	120,000.00	1.28606336
Contingency	90,000.00	0.96454752
Professional fees	480,000.00	5.14425344
Project Management fees	60,000.00	0.64303168
Marketing	450,000.00	4.8227376
Financial Charges	10,800.00	0.115745702
Total	9,330,800.00	100



Financing Plan	Kshs	%
Developer	9,330,800.00	100
	0.00	0
Debt Finance	0.00	0
Presales	0.00	0
Total	9,330,800.00	100


PROFIT
3 OPTIONS AS BELOW.

1. SALE OPTION

TOTAL SALES FOR 4 UNITS	12,400,000.00
TOTAL EXPENDITURE	9,330,800.00

NET PROFIT	3,069,200.00

% Profit Margin	32.89321387

Take home ammount.	5,069,200.00

2. RENT OPTION.

Rent per Month	75600

Rent per year	907,200.00

Return on Investment in years	10.29

Return on investment minus land	8.08	7,330,800.00


3. FULLY FURNISHED OPTION

Fully furnished.

Per bedroom daily	1000

Per unit daily	3000

Per 4 units daily	12000

Per 4 units yearly	4,380,000.00

Per 4 units 50% occupancy	2,190,000.00

4 units 50% occupancy. Monthly	182,500.00


Return on Investment in years	4.26


Number of rooms	12

Number of ownership shares	12

Total value per share	777,566.67

Total monthly earnings per share . Rent	6300

Total monthly earnings per share. Fully furnished.	15,208.33



Fully Furnished option.
	unit	cost
Bed	3	36000
Beddings	3	15000
curtains	3	9000
TV	3	75000
Table and chair	3	45000
Contingencies/cutlery	3	30000

TOTAL per 3 share unit		210,000.00

Cost per unit share		70,000.00

This cost should be added to the initial share price when members choose to change form normal monthly rent to Fully Furnished option.




LAND KES 3 M PER PLOT.	contribution per share.KES	860,900.00


Monthly earnings per share .KES	7000


Cost Item	Kshs	%
Land	3,000,000.00	29.0393774
Preliminary	120,000.00	1.161575096
Construction	6,000,000.00	58.07875479
External Works	120,000.00	1.161575096
Contingency	90,000.00	0.871181322
Professional fees	480,000.00	4.646300383
Project Management fees	60,000.00	0.580787548
Marketing	450,000.00	4.355906609
Financial Charges	10,800.00	0.104541759
Total	10,330,800.00	100



Financing Plan	Kshs	%
Developer	10,330,800.00	100
	0.00	0
Debt Finance	0.00	0
Presales	0.00	0
Total	10,330,800.00	100


PROFIT
3 OPTIONS AS BELOW.

1. SALE OPTION

TOTAL SALES FOR 4 UNITS	12,400,000.00
TOTAL EXPENDITURE	10,330,800.00

NET PROFIT	2,069,200.00

% Profit Margin	20.02942657

Take home ammount.	5,069,200.00

2. RENT OPTION.

Rent per Month	84000	84000

Rent per year	1,008,000.00

Return on Investment in years	10.25

Return on investment minus land	7.27	7,330,800.00


3. FULLY FURNISHED OPTION

Fully furnished.

Per bedroom daily	1000

Per unit daily	3000

Per 4 units daily	12000

Per 4 units yearly	4,380,000.00

Per 4 units 50% occupancy	2,190,000.00

4 units 50% occupancy. Monthly	182,500.00


Return on Investment in years	4.72


Number of rooms	12

Number of ownership shares	12

Total value per share	860,900.00

Total monthly earnings per share . Rent	7000

Total monthly earnings per share. Fully furnished.	15,208.33

June 22, 2013

Real Estate Investment Opportunity in Kenya. Invest KES 780,000. Get return on your investment in 4.2 years for Fully furnished apartment option.

Real Estate Investment Opportunity in Kenya.
Invest KES 780,000.
Get return on your investment in 4.2 years for Fully furnished apartment option.
Get Return on Investment in 10 years for Monthly rent option.
Gain from 20% property appreciation annually. You can sell after a few years to gain from the 20% annual increase in value.


Cost Item	Kshs	%
Land	2,000,000.00	21.43438933
Preliminary	120,000.00	1.28606336
Construction	6,000,000.00	64.303168
External Works	120,000.00	1.28606336
Contingency	90,000.00	0.96454752
Professional fees	480,000.00	5.14425344
Project Management fees	60,000.00	0.64303168
Marketing	450,000.00	4.8227376
Financial Charges	10,800.00	0.115745702
Total	9,330,800.00	100



Financing Plan	Kshs	%
Developer	9,330,800.00	100
	0.00	0
Debt Finance	0.00	0
Presales	0.00	0
Total	9,330,800.00	100


PROFIT

1. SALE OPTION

TOTAL SALES FOR 12 UNITS	12,400,000.00
TOTAL EXPENDITURE	9,330,800.00

NET PROFIT	3,069,200.00

% Profit Margin	32.89321387

Take home ammount.	5,069,200.00	#VALUE!

2. RENT OPTION.

Rent per Month	76000

Rent per year	912,000.00

Return on Investment in years	10.23

Return on investment minus land	8.04	7,330,800.00


3. FULLY FURNISHED OPTION

Fully furnished.

Per bedroom daily	1000

Per unit daily	3000

Per 4 units daily	12000

Per 4 units yearly	4,380,000.00

Per 4 units 50% occupancy	2,190,000.00

4 units 50% occupancy. Monthly	182,500.00


Return on Investment in years	4.26


Number of rooms	12

Number of ownership shares	12

Total value per share	777,566.67

Total monthly earnings per share . Rent	6333.333333

Total monthly earnings per share. Fully furnished.	15,208.33


Future Plans.

Average annual land appreciation rate	20%
This represents a profitable chance to cash in on capital gains from sale of shares with high annual investment appreciation.

Fully furnished option.

Repayment period. Years	4.26

New floor can be added on top of existing building every 4 years.

New shares can be invited to invest in upper floors each year.

Rent option.

Repayment period. Years	10.23

New floor can be added on top of existing building every 10 years.

New shareholders can be invited to buy into investment of upper floors per year.

Project will be advertised to invite shareholders for a period of 3 months on www.a4architect.com

After 12 shares are all bought, at a cost of KES 780,000, Construction commences.

Construction period takes 3 months.

After completion, project is advertised online throughout duration and life .

Advertisement plays key role in success of real estate projects.

This advertisement attracts tenants for monthly and fully furnished rental options and for sale of shares options.

Advertisement enables shareholders to easily offload shares and new shareholders to buy into project.


Areas to invest in.

Areas where the land cost is within the kes 2m budget, inclusive of stamp duty, agency and legal fees.

Such areas include Syokimau, Kiambu, Juja, Kitengela, Rongai, Kikuyu, Ruaka.

Suitable land will be sourced and once found, agreed upon by members.

A reputable conveyancing lawyer will be appointed to enable to purchase by the members who will be owners of a registered company registerd for this investment purpose.

Once the land is acquired, www.a4architect.com will design the building and submit the drawings to the relevant local authority for approval.

After approvals are granted, www.a4architect.ocm will engage a contractor who will be responsible for actual construction till completion.

The finishes and budget allocated is in the region of lower middle class that is in tandem with land value.

For areas where land value is high, finishes and budget will be ammended to high class. This will affect the initial shareholder price accordingly.

After project completion, marketing will be done to attact tenancy.

Shareholders will decide whether to have fully furnished or usual rent option or a mix of both.

Each shareholder will own a sectional title for each room.

The architectural design will have 3 equal sized rooms per house which will be owned by 3 shareholders .

A shareholder can own more than 1 unit of share. There is no limit to the number of unit share a member can acquire.



Fully Furnished option.
	unit	cost
Bed	3	36000
Beddings	3	15000
curtains	3	9000
TV	3	75000
Table and chair	3	45000
Contingencies/cutlery	3	30000

TOTAL per 3 share unit		210,000.00

Cost per unit share		70,000.00

This cost should be added to the initial share price when members choose to change form normal monthly rent to Fully Furnished option.

Francis Gichuhi Kamau, Architect.
0721410684
info@a4architect.com

June 19, 2013

REAL ESTATE INVESTMENT IN KENYA. KES 780,000 investment . Pay Back period. 4.2 Years on Fully Furnished Option and 10 years on monthly rent option. 20% per annum capital gain.

REAL ESTATE INVESTMENT IN KENYA. KES 780,000 investment . Pay Back period. 4.2 Years on Fully Furnished Option and 10 years on monthly rent option.
20% per annum capital gain.


Cost Item	Kshs	%
Land	2,000,000.00	21.43438933
Preliminary	120,000.00	1.28606336
Construction	6,000,000.00	64.303168
External Works	120,000.00	1.28606336
Contingency	90,000.00	0.96454752
Professional fees	480,000.00	5.14425344
Project Management fees	60,000.00	0.64303168
Marketing	450,000.00	4.8227376
Financial Charges	10,800.00	0.115745702
Total	9,330,800.00	100



Financing Plan	Kshs	%
Developer	9,330,800.00	100
	0.00	0
Debt Finance	0.00	0
Presales	0.00	0
Total	9,330,800.00	100


PROFIT

1. SALE OPTION

TOTAL SALES FOR 12 UNITS	12,400,000.00
TOTAL EXPENDITURE	9,330,800.00

NET PROFIT	3,069,200.00

% Profit Margin	32.89321387

Take home amount.	5,069,200.00	#VALUE!

2. RENT OPTION.

Rent per Month	76000

Rent per year	912,000.00

Return on Investment in years	10.23

Return on investment minus land	8.04	7,330,800.00


3. FULLY FURNISHED OPTION

Fully furnished.

Per bedroom daily	1000

Per unit daily	3000

Per 4 units daily	12000

Per 4 units yearly	4,380,000.00

Per 4 units 50% occupancy	2,190,000.00

4 units 50% occupancy. Monthly	182,500.00


Return on Investment in years	4.26


Number of rooms	12

Number of ownership shares	12

Total value per share	777,566.67

Total monthly earnings per share . Rent	6333.333333

Total monthly earnings per share. Fully furnished.	15,208.33


Future Plans.

Average annual land appreciation rate	20%
This represents a profitable chance to cash in on capital gains from sale of shares with high annual investment appreciation.

Fully furnished option.

Repayment period. Years	4.26

New floor can be added on top of existing building every 4 years.

New shares can be invited to invest in upper floors each year.

Rent option.

Repayment period. Years	10.23

New floor can be added on top of existing building every 10 years.

New shareholders can be invited to buy into investment of upper floors per year.

Project will be advertised to invite shareholders for a period of 3 months on www.a4architect.com

After 12 shares are all bought, at a cost of KES 780,000, Construction commences.

Construction period takes 3 months.

After completion, project is advertised online throughout duration and life .

Advertisement plays key role in success of real estate projects.

This advertisement attracts tenants for monthly and fully furnished rental options and for sale of shares options.

Advertisement enables shareholders to easily offload shares and new shareholders to buy into project.


Areas to invest in.

Areas where the land cost is within the kes 2m budget, inclusive of stamp duty, agency and legal fees.

Such areas include Syokimau, Kiambu, Juja, Kitengela, Rongai, Kikuyu, Ruaka.

Suitable land will be sourced and once found, agreed upon by members.

A reputable conveyancing lawyer will be appointed to enable to purchase by the members who will be owners of a registered company registered for this investment purpose.

Once the land is acquired, www.a4architect.com will design the building and submit the drawings to the relevant local authority for approval.

After approvals are granted, www.a4architect.ocm will engage a contractor who will be responsible for actual construction till completion.

The finishes and budget allocated is in the region of lower middle class that is in tandem with land value.

For areas where land value is high, finishes and budget will be amended to high class. This will affect the initial shareholder price accordingly.

After project completion, marketing will be done to attract tenancy.

Shareholders will decide whether to have fully furnished or usual rent option or a mix of both.

Each shareholder will own a sectional title for each room.

The architectural design will have 3 equal sized rooms per house which will be owned by 3 shareholders .

A shareholder can own more than 1 unit of share. There is no limit to the number of unit share a member can acquire.

A shareholder can buy into as many different projects as possible.

Shareholders can agree to sell part of their unit shares to finance more development such as adding other floor levels on top of existing building.

Francis Gichuhi Kamau, Architect.

0721410684

info@a4architect.com

June 19, 2013

Difference in Cement cost between Local Fundi mix ratio vs. specified ratio.

In Kenya, majority of the local construction developers who have no full architectural and structural engineering services rely on the local fundis and foremen to guide them on the mix ratios for cement, sand and ballast.

The local fundi mix ratio is usually 2 bags of cement for 4 wheelbarrows of sand to 8 wheelbarrows of ballast.

This represents a ratio of 1 to 4 to 8.

The specified mix ratio of for exposed Reinforced concrete is 1 to 2 to 4.

This represents 2 bags of cement to 1 wheelbarrow of sand to 4 wheelbarrows of ballast.

2 bags of cement make up 1 wheel barrow.

Example. 170m2 residential house.

Calculations when the house construction has used cement ratios of 2 bags cement to 4 wheelbarrows of sand to 8 wheelbarrows of ballast will be as below.

FOUNDATION

BLINDING

CEMENT BAGS	14.98
SAND	3,630.77
BALLAST	5,990.77


STRIP FOOTING

CEMENT	88.85
SAND	21,538.46
BALLAST	35,538.46

FOUNDATION WALLING		2000 stones

CEMENT	29.17
SAND	12,376.00


RING BEAM

CEMENT	25.38
SAND	6,153.85
BALLAST	10,153.85

SUPERSTRUCTURE WALLING		3800 stones

CEMENT	41.71
SAND	17,696.00
BALLAST	10,267.57

ROOF		2000ft


FLOOR SCREED

CEMENT	23.76
SAND	5,760.00


WALL PLASTER

CEMENT	41.25
SAND	17,500.00

WALL KEYING

CEMENT	6.50
SAND	2,756.25


TOTAL
		COST	KES
CEMENT	271.60	190,119.00	190,119.00
SAND	87,411.33	87.41	87,411.33
BALLAST	61,950.65	61.95	99,121.03

TOTAL			376,651.36

271 Bags of cement costing KES 190,000 will be used in total.

Calculations for the same house using specified ratios of 1 to 2 to 4 will be as below

FOUNDATION

BLINDING

CEMENT BAGS	27.81
SAND	3,371.43
BALLAST	5,562.86


STRIP FOOTING

CEMENT	165.00
SAND	20,000.00
BALLAST	33,000.00

FOUNDATION WALLING		2000 stones

CEMENT	38.90
SAND	11,786.67


RING BEAM

CEMENT	47.14
SAND	5,714.29
BALLAST	9,428.57

SUPERSTRUCTURE WALLING		3800 stones

CEMENT	41.71
SAND	17,696.00
BALLAST	10,267.57

ROOF		2000ft


FLOOR SCREED

CEMENT	23.76
SAND	5,760.00


WALL PLASTER

CEMENT	41.25
SAND	17,500.00

WALL KEYING

CEMENT	6.50
SAND	2,756.25


TOTAL
		COST	KES
CEMENT	392.07	274,450.41	274,450.41
SAND	84,584.63	84.58	84,584.63
BALLAST	58,259.00	58.26	93,214.40

TOTAL			452,249.44

392 bags of cement will be uses, costing KES 274,000.

this represents a 30% increase in cost of cement.

This represents a 16% increase in overall cost of concrete.

For most local constructions whereby developers engage fundis without architectural and engineering consultations, this is the amount of % savings they usually aim to get.

This method of achieving savings can be compared to an own goal since once structural defects check in, they are unrepairable and can result in the loss of the complete building, usually costing millions of shillings.

Developers should engage their architects and engineers in other methods that can result in the same % savings without compromising structural integrity.

Francis Gichui Kamau, Architect.

0721410684

June 17, 2013

Kiambu Road Housing project.


UNIT TYPE 1. 230M2 2.4 ACRES. 20 UNITS
Cost Item	Kshs	%
Land	100,000,000.00	27.70620342
	0.00	0
Construction	207,000,000.00	57.35184108
	0.00	0
	0.00	0
Professional fees	10,350,000.00	2.867592054
Project Management fees	2,070,000.00	0.573518411
Marketing	4,250,000.00	1.177513645
Financial Charges	37,260,000.00	10.32333139
Total	360,930,000.00	100



Financing Plan	Kshs	%
Developer	153,930,000.00	42.64815892

Debt Finance	207,000,000.00	57.35184108
Presales	45,000,000.00	12.46779154
Total	360,930,000.00	112.4677915

PROFIT
TOTAL SALES FOR 20 UNITS	450,000,000.00
TOTAL EXPENDITURE	360,930,000.00

NET PROFIT	89,070,000.00

% Profit Margin	24.67791539

Take home ammount.	189,070,000.00





UNIT TYPE 2. 190M2 2.5 ACRES. 24 UNITS
Cost Item	Kshs	%
Land	100,000,000.00	27.81269817
	0.00	0
Construction	205,200,000.00	57.07165664
	0.00	0
	0.00	0
Professional fees	10,260,000.00	2.853582832
Project Management fees	2,052,000.00	0.570716566
Marketing	5,100,000.00	1.418447606
Financial Charges	36,936,000.00	10.27289819
Total	359,548,000.00	100



Financing Plan	Kshs	%
Developer	154,348,000.00	42.92834336

Debt Finance	205,200,000.00	57.07165664
Presales	44,400,000.00	12.34883799
Total	359,548,000.00	112.348838

PROFIT
TOTAL SALES FOR 24 UNITS	444,000,000.00
TOTAL EXPENDITURE	359,548,000.00

NET PROFIT	84,452,000.00

% Profit Margin	23.48837985

Take home ammount.	184,452,000.00





UNIT TYPE 3 170M2 2.5 ACRES. 32 UNITS
Cost Item	Kshs	%
Land	100,000,000.00	24.36932195
Preliminary	0.00	0
Construction	244,800,000.00	59.65610013
External Works	0.00	0
Contingency	0.00	0
Professional fees	12,240,000.00	2.982805006
Project Management fees	2,448,000.00	0.596561001
Marketing	6,800,000.00	1.657113892
Financial Charges	44,064,000.00	10.73809802
Total	410,352,000.00	100



Financing Plan	Kshs	%
Developer	165,552,000.00	40.34389987

Debt Finance	244,800,000.00	59.65610013
Presales	51,200,000.00	12.47709284
Total	410,352,000.00	112.4770928

PROFIT
TOTAL SALES FOR 32 UNITS	512,000,000.00
TOTAL EXPENDITURE	410,352,000.00

NET PROFIT	101,648,000.00

% Profit Margin	24.77092837

Take home ammount.	201,648,000.00





Total no. of units	76

TOTAL PROFIT	275,170,000.00	3,237,294.12
		–
		–
TOTAL TAKE HOME AMMOUNT	575,170,000.00	6,766,705.88
		–
		–
Total land cost	300,000,000.00	3,529,411.76
		–
total project cost	1,130,830,000.00	13,303,882.35
		–
total construction cost	657,000,000.00	7,729,411.76

total financial charges	118,260,000.00

total cost of project minus interest	1,012,570,000.00

% to total cost		58.10

consulting, marketing costs	55,570,000.00	653,764.71
		–
Total project sale value	1,406,000,000.00	16,541,176.47





PHASE 1 NEW

PHASE 1. 2 UNITS OF EACH TYPE 6 UNITS
Cost Item	Kshs	%
Land	23,200,000.00	26.28567544
	0.00	0
Construction	50,150,000.00	56.82011307
	0.00	0
	0.00	0
Professional fees	2,507,500.00	2.841005654
Project Management fees	501,500.00	0.568201131
Marketing	2,875,000.00	3.257384349
Financial Charges	9,027,000.00	10.22762035
Total	88,261,000.00	100



Financing Plan	Kshs	%
Developer	38,111,000.00	43.17988693

Debt Finance	50,150,000.00	56.82011307
Presales	11,500,000.00	13.02953739
Total	88,261,000.00	113.0295374

PROFIT
TOTAL SALES FOR 6 UNITS	115,000,000.00
TOTAL EXPENDITURE	88,261,000.00

NET PROFIT	26,739,000.00

% Profit Margin	30.29537395

Take home ammount.	49,939,000.00

June 12, 2013

HOUSING PROJECT, BAMBURI, MOMBASA

HOUSING PROJECT, BAMBURI, MOMBASA
Cost Item	Kshs	%
Land	330,000,000.00	24.79599657
Preliminary	2,400,000.00	0.180334521
Construction	756,000,000.00	56.80537397
External Works	22,680,000.00	1.704161219
Contingency	11,340,000.00	0.85208061
Professional fees	37,800,000.00	2.840268698
Project Management fees	7,560,000.00	0.56805374
Marketing	27,000,000.00	2.028763356
Financial Charges	136,080,000.00	10.22496731
Total	1,330,860,000.00	100



Financing Plan	Kshs	%
Developer	574,860,000.00	43.19462603
	0.00	0
Debt Finance	756,000,000.00	56.80537397
Presales	6,750,000.00	0.507190839
Total	1,330,860,000.00	100.5071908

PROFIT
TOTAL SALES FOR 240 UNITS	1,800,000,000.00
TOTAL EXPENDITURE	1,330,860,000.00

NET PROFIT	469,140,000.00

% Profit Margin	35.2508904

Take home ammount.	799,140,000.00

June 10, 2013

Kenya Land for sale June 2013

COMMERCIAL PROPERTIES

LOCATION	PROPERTY	MIN. AVAILABLE SIZE (FT)	PRICE PER SQ FEET	NOTES
INDUSTRIAL AREA (Commercial Street)	Godown on 0.5acre	25,000	150M
KILIMANI (Lenana Road/Arwings Kodhek)	SIFA TOWER	850	12,500 + 1 parking per 1,000 sq ft	Completion in June 2014
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 shop Construction on-going
NAIROBI CBD	Tom Mboya Street		250M	Has 8 floors, fully occupied
NAKURU TOWN	MALL		250M
NGONG ROAD (Opposite Nakumatt Prestige)	JADALA PLACE	1,000	13,500 +1,250,000 parking
PARKLANDS (Parklands Rd, opp. Post office)	PARK SUITES	533	14,500 + 1.5M parking	Construction on-going
PARKROAD	1 COMMERCIAL BUILDING	2 shops and 18 rooms.	25M (negotiable)	Fully occupied with monthly income of Ksh. 124,300.00
UPPERHILL (Next to Traffic police)	FORTIS TOWERS	1,000	19,000 + 1.5m Parking	Construction on-going
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
WESTLANDS (Chiromo Lane)	LOTUS PLAZA	2,000	14,500 per sq ft 80.00 to rent per sq ft	6,700 sq ft floor space x 3 floors
WESTLANDS, (Karuna Road)	WESTERN HEIGHTS	500	15,000 for typical floor and 20,000 for ground floor + 1.5M parking	Construction on-going
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
ATHI RIVER	EVEREST	1 bedroom 2 bedrooms 3 bedrooms	2.6M 4.2M 5.7M	120 units 60 units 60 units
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
GIGIRI (behind UNEP)	Stand alone mansion	5 bedroom	85M
HILLVIEW	4 townhouses	5 bedroom	75M each	On 1 acre With a ready embassy client. Income of 1.2M monthly
IMARA DAIMA	Sunrise Estate	3 bedroom apartment	6.5M	Next to Riara Springs school
IMARA DAIMA	Penthouse	2 bedroom apartment	4.5M	Available immediately
IMARA DAIMA (Catherine Ndereva Drive)	Apartment	2 bedroom	4.5M	22 units in apartment block
JUJA, THIKA ROAD	Bungalow	3 bedroom	6.5M	ON 0.125 acre
KABETE	Kabete Green Villas	3 bedrooms 4 bedrooms	65M 75M	12 units on 5 acres
KAHAWA WENDANI	Block of apartments	20 units,1 bedroom 10 units, 2 bedroom 6 units, 3 bedroom	150M
KAREN	Karen Palms	4 bedrooms	42M	5 units only
KAREN (Kerarapon Drive)	Baraka Park Detached maisonettes	4 bedroom	25.5M	25 units
KAREN (Windy Ridge)	STAND ALONE	4 bedroom, 3 ensuite + 3 DSQ	51M	On 1 acre
KAREN (Ndege Road)	STAND ALONE	5 bedroom	70M	On 1.5 acre
KAREN	Townhouse	4 bedroom	48M	Near Karen country club
KAREN (near Karen hospital)	Townhouse	4 bedrooms	28M
KAREN, Miotoni	Villa	4 bedroom	54M	On 0.5 acre
KASARANI	Mwiki	Block of flats 8 units, 2 bed 2 shops	13.9M	Rental income of 120,000 per month
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 1/8^th acre
KIANDA	Kianda Gardens Townhouses	3 bedroom + DSQ	41M	3,250 SQ FT
KIKUYU	Ivory Towers apartments	2 bedrooms 3 bedrooms	7.5M 9.5M	Ready for occupation – completed October 2012
KIKUYU	SHAKIWA GARDENS apartments	2 bedrooms 3 bedrooms	4.8M 6.0M	Rent: 22,000 p.m. Rent: 27,500 p.m.
KILELESHWA	Gateway Apartments	3 bedrooms	17.5M
KILELESHWA	Penthouse	2 bedrooms	15.5M	Rental income of 88,000 p.m.
KILELESHWA	NGOLU HEIGHTS	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
KILELESHWA		4 bedroom apartment	15.2M
KILELESHWA	Kijani Willows Townhouses	5 bedrooms	40M	15 units on 1.6 acres
KILELESHWA	Town house		22M
KILELESHWA (Ole Kejuado/Nyeri Rd junction)	Apartments	3 bedroom with DSQ	18M	Rental income of 100,000 p.m.
KILIMANI (Riara Lane)	Apartment	4 bedrooms	18M
KILIMANI	Karue Court apartment	3 bedrooms	16.5M
KISERIAN	MORA HILL Detached townhouse	4 bedroom	13.5M	19 units in total
KISERIAN	Mora Hill	4 bedroom bungalow	13.5M
KITUSURU	Villa	5 bedroom, all en-suite, 3 DSQ	75M
LANGATA	Langata Park Estate	5 units of 2 bedrooms flats	18M	Monthly income of Ksh. 100,000
LANGATA (Off Amiani Road)	CHEKULO VILLAS Semi-detached town houses	4 bedroom with self contained DSQ	20M	Beginning stages. On about 1/8^th acre each
LAVINGTON (Mbaazi Avenue)	Apartment	4 bedrooms	18.5M
LAVINGTON	Penthouse	4 bedrooms	22M	2 bedrooms en-suite with attic level
LAVINGTON	LAVINGTON VILLAS	5 bedroom with attic	52M	2 out of 3 units remaining not inclusive of the main house
LAVINGTON (Chalbi Drive)	PYRAMID Townhouses	5 bedroom	52M	6 units in the compound
LAVINGTON (Apple Cross Rd)	PYRAMID SPRINGS	5 bedroom + study and 2 DSQ	42M	3 levels, 9 units on 1.3 acres. Ground breaking stages
LAVINGTON	Apartment	4 bedrooms	33M
LAVINGTON (Kabasarian Drive)	Mansion	12 bedroom	120M	On 0.75 acres
LAVINGTON (Masanduku Lane)	Apartment	3 bedrooms	16M	In a compound of 32 units
LORESHO	Villa	4 bedroom + 2 DSQ	70M	On 0.5 acre
MLOLONGO	Vallley View Estate	3 bedroom bungalow	5.5M
MLOLONGO	Bungalow	3 bedroom	6M
MOMBASA	Bamburi Flats	18 x 1 bedroom	38M	Ideal for investment
MOMBASA	Milele Luxury apartments	1 bedroom 2 bedrooms 3 bedrooms	20M 24M 28M
MOMBASA RD (former St. James Hospital site)	NEXTGEN PARK	1 bedroom 2 bedroom 3 bedroom 2 bedroom deluxe	10.5 – 12M 15.5 – 17M 24.0 – 26.0M 17.0M – 18.5M	Show houses ready (Prices vary according to floor)
MOMBASA ROAD (Muthamia Heights Rd.)	Zen Ruby Apartments	1 bedroom 2 bedrooms 3 bedrooms	3 M 5M 6M
MOMBASA ROAD	Maisonette	4 bedrooms	11.5M
MOMBASA ROAD	OYSTER BREEZE Apartments	3 bedroom	9M	15 units; 2,000 sq. ft
MOMBASA ROAD	Honey Suckle Apartments	3 bedroom apartment	5.0M
MOMBASA ROAD	Muthama Heights Apartments	3 bedroom + DSQ	8.5M
MOMBASA ROAD	Green Park Bungalows	4 bedroom	9.2M	On 0.25 acre, with rental income of 45,000
MOMBASA ROAD	Maisonette	4 bedroom	12.5M
MOMBASA ROAD	Maisonette	3 bedroom	10.5M
MOMBASA ROAD (Mlolongo)	Block of flats	1 bedroom and single units	16M	Monthly rental income of 144,000 on the 2 completed floors
MOMBASA ROAD, near JKIA Resort	FIVE STAR GARDENS	2 bedroom (830 sq ft) 3 bedroom (1130 sq ft)	5M 7M	313 units within 5 courts on 5 acres
NAIVASHA	SHWARI COUNTRY HOMES	Exotic 3-bedroom	23M	4 homes set on a 10-acres ranch
NAIVASHA ROAD (Wanyee Road)	Apartment	3 bedroom	8.5M	150 SQM, with rental income of 45,000
NGONG ROAD (After Junction)	Apartments to let	2 bedrooms 3 bedrooms 3 bedroom + DSQ	57,000 per month 72,000 per month 77,000 per month	91 SQ M 141 SQ M
PARKLANDS (6^TH Avenue)	Muthaiga Heights	3 bedrooms	25M – 35M	Type A : 1,615 sq ft Type B: 2,100 sq ft Type C : 2,283 sq ft
PARKLANDS	CITY PARK APARTMENTS	3 bedroom with DSQ	18M	Beginning stages
PARKLANDS	Apartments	4 bedroom 3 bed penthouses,	23.5M
RIVERSIDE	Stand-alone house	6 bedrooms	130M	On 0.387 acres; with gym, Jacuzzi, sauna
RIVERSIDE	Villa	5 bedroom, all ensuite, 3 DSQ	82M	On 0.5 acre
RUIRU	Monarch Apartments	2 bedrooms, master en-suite 3 bedrooms, master en-suite	Cash: 5.57M Installments: 5.79M Cash: 6.5M Installments: 6.75M	Mortgage available @ 6M Mortgage available @ 7M
RUNDA	Runda Meadows	4 bedrooms	65M	Single unit
RUNDA	Runda Grove	5 bedroom house	65M	On 0.5 acre
SOUTH B	Great Wall apartments	2 bedrooms	3.9M
SOUTH B (Opposite Ole-Sereni)	Apartments	3 bedroom	8M	Rental income of 50,000 per month
SOUTH C	Medina Park	3 bedroom apartment	7.5M	3 units available, income of 30,000 per month each
SPRING V ALLEY	River View villa	4 bedrooms	105M	On 0.5 acre
SPRING VALLEY (Opposite Police Station)	Mansion	5 bedroom house	90M	On 0.5 acre
TENA ESTATE	Apartments	11 x 1 and 2 bedroom units	22M	Ideal for investment
THIKA	CHANIA GARDENS Bungalow	3 bedroom	9M
UPPER HILL (Near World Bank)	HIGHRISE APARTMENTS	3 bedroom	750M	32 units; fully occupied with a rental income of 3.85M monthly
VILLA FRANCA (shopping centre)	MIXED DEVELOPMENT	Ground floor: commercial unit 1^st floor: 3 bedroom apartment	8M	Commercial unit already let, with good income
WESTLANDS (Mpaka Road)	ONE WEST PARK	2 bedrooms 3 bedrooms 4 bedrooms	27.1 – 28.75M 32.25 – 35.75M 38 – 40.75M	Construction on-going Completion: January 2014
WESTLANDS (Rhapta Road)	STAND – ALONE VILLA (on 0.8 acres)	7 bedroom	185M	Ideal for developer
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)
WESTLANDS (Brookside Drive)	Brookside Gardens apartments	4 bedroom with DSQ	32M Or 170,000.00 to let	5 units left
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 2^nd floor	2,500 sq ft	75.00 per sq ft per month , inclusive of service charge
MOMBASA ROAD	Office, opposite Gateway Park On 4^th 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 ft	70.00 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
EMBAKASI	Next to Pipeline	33 x 66 sq ft	2.8M
GIGIRI	After Rwandan Embassy	3.5 acres	400M	Has an old 4 bedroom house
GIGIRI	Behind Village Market; rear entrance	1 acre	180M
GIGIRI	Opposite U.S. Embassy	1 acre	250M
GIGIRI	Gigiri Close	0.8 acre	90M
GIGIRI	Next to Turkish Embassy	3 acres	500M
ISINYA	KAJIADO	8 acres	800,000 per acre
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
JUJA	Kisaju – 2kms off tarmac	15 acres	1.7m per acre	Ideal for developers
KAREN	Near Karen country club	2 parcels on 1 acre each	32M per parcel
KAREN	Near Karen country club	0.5 acre each	25M per parcel
KAREN	Near Kenya School of Law	30 acres	30M per acre	All the documents are ready
KAREN	Windy Ridge	5 acres	150M
KAREN	3km on the way to Dagoretti, 0.5km from main road	8.7 acres	105M
KAREN	Next to Banda School	4.2 acres	32M per acre
KAREN	Windy Ridge	5 acres	26M per acre	Market price is 30M
KERICHO		6,000 acres	1.4M per acre	Has tea, school and factory on it.
KIAMBU ROAD	1^st row, after and opposite Muthaiga Golf	2.16 acres	220M
KIAMBU ROAD	After Village Inn, near Starehe Girls	62 acres	25M per acre
KILELESHWA	Kandara Road	0.75 acre	120M	Flat, on sewer – suitable for flats
KILELESHWA	Othaya Road	0.8 acres	140M
KILIFI	Fronting Sabaki River for 12 kms	51,000 acres	120,000 per acre
KILIMANI	Chaka Road, near Nyangumi Road	1 acre	250M
KILIMANI	Dennis Pritt Road	1 acre	185M
KISERIAN	Overlooking the upcoming dam	5 – 10 acres	3.5M per acre
KISERIAN	12 Km off Pipeline Road	1/8th acres plots	400,000.00 per plot	Ideal for either residential or investment purposes
KITENGELA	Behind Yukos, 300m from the road	50 x 100	1.4M	Clean title, all weather road
KYUNA		3 acres	370M
LAVINGTON	Touching Kingara Rd	1.075 acres	190M	Flat, on sewer – suitable for flats
LAVINGTON	Diani Road	0.9 acres	185M
LAVINGTON	Gitanga Road	0.5 acre	90M
LAVINGTON	Ngecha Road	1 acre	80M
LAVINGTON	Gitanga Road	1 acre	165M
LENANA RD		1 acre	230M
MACHAKOS	Behind Lukenya Hills, 1 Km off Mombasa Rd	8 acres	3M per acre	Accessed by a private road
MOMBASA	Msawambeni, on beach	10 acres	9M per acre
MOMBASA	South Coast, on beach	10 acres	110M	Ideal to put up a resort
MOMBASA ROAD	Next to Nation Printers	Upto 70 acres	50M	Prime property for developer
MOMBASA ROAD	Athi River, touching tarmac	2.5 acres	75M	Prime property for developer
MOMBASA ROAD	Sabaki Area	0.125 acres	1.3M	Fast growing area, ideal for residential use
MOMBASA ROAD	Behind Gables Park apartments and next to 360⁰ Apartments	0.25 acres	15M	Ideal for a developer
MOMBASA ROAD	Behind Airtel	10 acres	42M per acre
NAIROBI	LORESHO	2 ½ acre	200M	Ideal for developer
NAIROBI	SPRING VALLEY	4.5 acres
NGONG ROAD	Ndemi Road (after Adams Roundabout)	0.5 acre	150M (negotiable)
NGONG ROAD	Touching 2^nd & 3^rd Ngong Avenue	1 acre	330M
NGONG ROAD	Kabaranet Road, behind Uchumi	0.7 acre	240M (negotiable)	Suitable for tall flats
NGONG ROAD	200m from Adams	1 acre	350M (negotiable)
NYERI	Near the CBD	0.5 acres	10M
OLD MUTHAIGA	OPPOSITE Gertrude’s Hospital	4.5 acres	USD 10M
OLD MUTHAIGA	With a 4br bungalow	0.75 acre	200M or to let for 380,000 per month
OLD RUNDA		1.5 acres	70M
PARKLANDS	1st Avenue, near MP Shah Hospital	0.25 acre	80M
PARKLANDS	2^nd Avenue	0.5 acres	130M
REDHILL		15 acres	9.5M per acre	Market price is 14M
RONGAI	Touching the tarmac	1 acre	25M (negotiable)	Ideal for commercial venture
RONGAI	Tuala Centre	50 x 100	900,000	Ideal for residential use. Each has a title
RUIRU	9 kms off Thika Superhighway	140	8M per acre (negotiable)
RUIRU	Next to Tatu City	420 acres in 3 parcels of 100 acres and 1 of 120 acres	8M per acre
RUIRU		139 acres	9M per acre
RUNDA	Kigwaru	7 parcels of 0.5 acre each	18M per parcel
RUNDA	Runda Water	2 acres	120M
RUNDA WATER		2 acres	125M
THIGIRI RIDGE		1 acre	56M
THIKA	Juja	850 acres	6M per acre
UPPERHILL	Next to Equity Bank	2.4 acres	800M
UPPERHILL	Kilimanjaro Road	1.7 acres	750M
UPPERHILL	Near British High Commission	4 acres	450M per acre
VALLEY ARCADE	Mbaazi Road	1.01 acre	180M
WAIYAKI WAY	Near St. Mark’s church	1 acre	360M
WESTLANDS	Behind Corner Plaza, next to 9 West	0.77 acre	350M	For commercial use
WESTLANDS	Off Peponi Road	4.5 acres	700M

June 7, 2013

Joint Venture Proposal. Parklands.Nairobi City, Kenya.

PRISM DESIGNS AFRICA
www.a4architect.com

Phone: +254 721 410684

Karen road,

Nairobi.

info@a4architect.com


kes 21.5m per unit 200m2 per unit. 42 UNITS 6 units per floor
Cost Item	Kshs	%
Land	120,000,000.00	16.93659363
Preliminary	1,260,000.00	0.177834233
Construction	378,000,000.00	53.35026993
External Works	18,900,000.00	2.667513496
Contingency	7,560,000.00	1.067005399
Architectural fees	13,230,000.00	1.867259447
Quantity Surveying	3,780,000.00	0.533502699
Structural Engineering	7,560,000.00	1.067005399
Elec/Mech Engineering	3,780,000.00	0.533502699
Interior Design/Landscaping	1,890,000.00	0.26675135
Legal fees	3,780,000.00	0.533502699
Project Management fees	3,780,000.00	0.533502699
Marketing	8,925,000.00	1.259659151
Financial Charges	136,080,000.00	19.20609717
Total	708,525,000.00	100



Financing Plan	Kshs	%
Developer	309,735,000.00	43.71546523

Debt Finance	378,000,000.00	53.35026993
Presales	90,300,000.00	12.7447867
Total	708,525,000.00	109.8105219

PROFIT
TOTAL SALES FOR 42 UNITS	903,000,000.00
TOTAL EXPENDITURE	708,525,000.00

NET PROFIT	194,475,000.00

% Profit Margin	27.44786705

June 7, 2013

Karen. Furnished home vs Rental home Return on Investment

PRISM DESIGNS AFRICA
www.a4architect.com

Phone: +254 721 410684

Karen road,

Nairobi.

info@a4architect.com

FULLY FURNISHED HOME OPTION.
UNIT TYPE 230M2 2 ACRES. 8 UNITS
Cost Item	Kshs	%
Land	0.00	0
	0.00	0
Construction	108,560,000.00	73.19230645




Marketing	680,000.00	0.458463231
Financial Charges	39,081,600.00	26.34923032
Total	148,321,600.00	100



Financing Plan	Kshs	%
Developer	39,761,600.00	26.80769355

Debt Finance	108,560,000.00	73.19230645
Presales	#REF!	#REF!
Total	148,321,600.00	#REF!

PROFIT
RENT PER UNIT PER DAY	20,000.00
RENT PER 8 UNITS PER DAY	160,000.00
RENT PER MONTH	4,800,000.00
RENT PER YEAR	57,600,000.00
RENT PER YEAR AT 70% OCCUPANCY	40,320,000.00

TOTAL EXPENDITURE	148,321,600.00

RETURN ON INVESTMENT. YEARS	3.68

NOTE. PROFIT FROM CONFERENCE ROOMS, OFFICES, FOOD AND BEVERAGES TO OFFSET SALARIES AND MAINTENANCE FEES

AFTER 3.7 YEARS, THE PROPERTY WILL OFFSET ALL LOANS AND THEREAFTER
A PROFIT OF KES 40M PER YEAR REALISED.






RENTAL OPTION

UNIT TYPE 230M2 2 ACRES. 8 UNITS
Cost Item	Kshs	%
Land	0.00	0
	0.00	0
Construction	97,520,000.00	73.15433825




Marketing	680,000.00	0.51009998
Financial Charges	35,107,200.00	26.33556177
Total	133,307,200.00	100



Financing Plan	Kshs	%
Developer	35,787,200.00	26.84566175

Debt Finance	97,520,000.00	73.15433825
Presales	#REF!	#REF!
Total	133,307,200.00	#REF!

PROFIT
RENT PER UNIT PER DAY	4,666.67
RENT PER 8 UNITS PER DAY	37,333.33
RENT PER MONTH	1,120,000.00
RENT PER YEAR	13,440,000.00
RENT PER YEAR AT 85% OCCUPANCY	11,424,000.00

TOTAL EXPENDITURE	133,307,200.00

RETURN ON INVESTMENT. YEARS	11.67

NOTE. PROFIT FROM CONFERENCE ROOMS, OFFICES, FOOD AND BEVERAGES TO OFFSET SALARIES AND MAINTENANCE FEES

AFTER 11.7 YEARS, THE PROPERTY WILL OFFSET ALL LOANS AND THEREAFTER
A PROFIT OF KES 13.4M PER YEAR REALISED.

This time period is much longer than during option1, fully furnished homes.
11.7years compared to 3.7 years.
The yearly rental yield is much lower than during option1, fully furnished homes.
kes 13.4m compared to kes 40m.

June 6, 2013

Category: Uncategorized