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  • Kenya Land for sale June 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 shop

    Construction 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 ft

    80.00 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

    		 2.6M

    4.2M

    5.7M

    		 120 units

    60 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 acre

    With 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

    		 65M

    75M

    		 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

    		 7.5M

    9.5M

    		 Ready for occupation – completed October 2012
    1. KIKUYU

    SHAKIWA GARDENS apartments

    2 bedrooms

    3 bedrooms

    		 4.8M

    6.0M

    		 Rent: 22,000 p.m.

    Rent: 27,500 p.m.
    1. KILELESHWA

    Gateway Apartments

    3 bedrooms

    		 17.5M
    1. KILELESHWA

    Penthouse

    2 bedrooms

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

    4 bedroom apartment

    		 15.2M
    1. KILELESHWA

    Kijani Willows

    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

    Karue Court apartment

    3 bedrooms

    		 16.5M
    1. KISERIAN
    		 MORA HILL

    Detached townhouse

    4 bedroom

    		 13.5M 19 units in total
    1. KISERIAN

    Mora Hill

    4 bedroom bungalow

    		 13.5M
    1. KITUSURU

    Villa

    5 bedroom, all en-suite, 3 DSQ

    		 75M
    1. LANGATA

    Langata Park Estate

    5 units of 2 bedrooms flats

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

    (Off Amiani Road)

    CHEKULO VILLAS

    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

    		 20M

    24M

    28M
    1. 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)
    1. MOMBASA ROAD

    (Muthamia Heights Rd.)

    Zen Ruby Apartments

    1 bedroom

    2 bedrooms

    3 bedrooms

    		 3 M

    5M

    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)

    		 5M

    7M

    		 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 month

    72,000 per month

    77,000 per month

    		 91 SQ M

    141 SQ M
    1. PARKLANDS

    (6TH 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
    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: 5.79M

    Cash: 6.5M Installments: 6.75M

    		 Mortgage available @ 6M

    Mortgage 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 – 28.75M

    32.25 – 35.75M

    38 – 40.75M

    		 Construction on-going

    Completion: 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

    		 32M

    Or  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 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
    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

     

  • 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

    parklands

     

  • 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.

     

  • Real Estate Investment opportunities in Kenya. Hostels.

    Real Estate Investment opportunities in Kenya. Hostels.

    Real Estate investment opportunities in Kenya can be found in residential for sale, residential for rent, hotels, hostels, learning institutions, homes for the aged, hospitals, offices for sale, offices for rent among others.

    Hostels are bedsitter like type of rooms built near Universities and colleges for student accommodation. The students share a 3.5 m by 4m room . In most cases in Kenya, the sharing per room is done by 2 people.

    Most hostels tend to separate men from women . Food is served in a common dining area near the Kitchen.

    The average rent per student per month is between kes 2,000 and kes 3,000 sharing 2 students of the same sex per room. As society becomes more liberalized, decisions regarding same sex sharing will most probably be reconsidered.

    In most hostels serving Kenyatta University in Juja, the rooms are self contained, with a toilet and shower. A few hostels have communal showers but the rent is quite low compared to self contained hostels.

    There is an administration office that is manned 24 hrs within the hostel so as to address the various issues facing the students.

    Return on Investment.

    Cost Item

    Kshs

    %
    Land

    1,000,000.00

    3.926033528
    Preliminary

    120,000.00

    0.471124023
    Construction

    19,200,000.00

    75.37984374
    External Works

    441,600.00

    1.733736406
    Contingency

    288,000.00

    1.130697656
    Professional fees

    768,000.00

    3.01519375
    Project Management fees

    192,000.00

    0.753798437
    Marketing

    5,400.00

    0.021200581
    Financial Charges

    3,456,000.00

    13.56837187
    Total

    25,471,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    6,271,000.00

    24.62015626
     

    0.00

    0
    Debt Finance

    19,200,000.00

    75.37984374
    Presales

    0.00

    0
    Total

    25,471,000.00

    100
    PROFIT
    TOTAL RENT FOR 48 UNITS

    3,456,000.00
    TOTAL EXPENDITURE

    25,471,000.00
    REPAYMENT PERIOD

    7.37

     

    In an area where a 1/8th acre costs kes 1m, this can have 48 rooms each rented at kes 6,000 per month or kes 3,000 sharing . The return on investment for this type of investment is 7.3 years which is impressive considering most investments return within 10 to 15 years.

     

    Francis Gichuhi Kamau, Architect.

    info@a4architect.com

    0721410684

  • FEASIBILITY STUDY FOR HIGHRISE HOUSING IN PANGANI, NAIROBI ON A 0.25 ACRE PLOT.

    FEASIBILITY STUDY FOR HIGHRISE HOUSING IN PANGANI, NAIROBI ON A 0.25 ACRE PLOT.

    Land Cost.

     

    A 0.25 acre plot in Pangani costs around KES 50m.

    A maximum of 10 floor levels is possible, similar to the Chinese 10 floor building opposite thwe Pangani Mosque.

     

    Car Parking.

     

    This can park 28 cars per underground level. For 2 underground levels, this will park 56 cars.

    Assuming a 3 bedroomed unit of 90m2, the building can house 6 units per floor and 60 units for the maximum possible 10 floor levels.

    This number of units fits well with 2 underground levels of car parking. The extra cars will park along the street.

     

    Construction cost.

     

    A construction cost per m2 of KES 43,000 is envisioned to cater for the underground plus high rise costly construction costs.

    The building construction will cost kes 230m. The total construction cost when you add up the building cost, road works, fence, sewer, professional fees,marketing, land and bank interest will total approximately kes 360m as tabulated below.

     

    Return on Investment.

     

    This gives a 25% Return on Investment if the houses are sold at KES 7,500,000 each, which is within market rate.

    Property appreciates over time. The construction period can take a minimum of 1 year of which the property value will have increased at a rate of 20% per annum.

    Below are the calculations that support the above .

    Cost Item

    Kshs

    %
    Land

    50,000,000.00

    13.82521609
    Preliminary

    1,800,000.00

    0.497707779
    Construction

    226,800,000.00

    62.71118018
    External Works

    11,340,000.00

    3.135559009
    Contingency

    4,536,000.00

    1.254223604
    Professional fees

    11,340,000.00

    3.135559009
    Project Management fees

    2,268,000.00

    0.627111802
    Marketing

    12,750,000.00

    3.525430102
    Financial Charges

    40,824,000.00

    11.28801243
    Total

    361,658,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    134,858,000.00

    37.28881982
         
    Debt Finance

    226,800,000.00

    62.71118018
    Presales

    45,000,000.00

    12.44269448
    Total

    361,658,000.00

    112.4426945
    PROFIT
    TOTAL SALES FOR 60 UNITS

    450,000,000.00
    TOTAL EXPENDITURE

    361,658,000.00
    NET PROFIT

    88,342,000.00
    % Profit Margin

    24.42694479
    Take home ammount.

    138,342,000.00

     

     

    Francis Gichuhi Kamau. Architect.

    info@a4architect.com

    0721410684

  • NAKURU 1 ACRE FOR SALE OPPOSITE STATE HOUSE. PROFIT PER YEAR =KES 130m. R.O.I of 3 YEARS.

    NAKURU 1 ACRE FOR SALE OPPOSITE STATE HOUSE.

    This 1 acre land for sale is located in a prime area of Nakuru town directly opposite Nakuru State House.

    Here is a link the the google map https://maps.google.com/maps/ms?msid=205617053586273466800.0004dd1fc97f0b9bb2d1f&msa=0&ll=-0.285043,36.083114&spn=0.005407,0.010203

    This land can be developed to a number of commercial usages such as hotel, shopping mall or offices.

    Return on Investment as Hotel.

    If developed into a hotel, the returns will be  as below.

    Cost Item

    Kshs

    %
    Land

    57,000,000.00

    14.7429299
    Preliminary

    1,800,000.00

    0.46556621
    Construction

    249,600,000.00

    64.5585139
    External Works

    12,480,000.00

    3.2279257
    Contingency

    4,992,000.00

    1.29117028
    Professional fees

    12,480,000.00

    3.2279257
    Project Management fees

    2,496,000.00

    0.64558514
    Marketing

    850,000.00

    0.21985071
    Financial Charges

    44,928,000.00

    11.6205325
    Total

    386,626,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    137,026,000.00

    35.4414861
    Debt Finance

    249,600,000.00

    64.5585139
    Presales

    0.00

    0
    Total

    386,626,000.00

    100
    PROFIT
    TOTAL INCOME PER YEAR

    130,560,000.00
    TOTAL EXPENDITURE

    386,626,000.00
    RETURN ON INVESTMENT IN YEARS

    2.96

    Assuming a modest accommodation charge of kes 2,000 per room per night, Only 20 days per month occupancy rate and the profits accrued from the sale of beverages and food to offset the running costs such as salaries, maintenance, cleaning etc, the hotel project will pay back in 3years.

    Also, we have assumed construction cost per m2 to kes 40,000 .This ensures the highest possible quality of construction to take place without any compromise to workmanship and quality of materials.

    A charge of kes 2,000 per night in Nakuru is still quite modest and low considering most hotels situated in such prime areas charge kes 3,500 and above per night. This ensures that the highest chance will be the rates increasing to the usual kes 3,000 to 4,000 or 100% occupancy as opposed to the assumed 20 out of 30 days occupancy rate.

    With the numerous tourist attractions in Nakuru such as Lake Nakuru, Menengai crator, Lake Naivasha,Elementaita etc, this will surely attract a huge amount of visitors willing to spend at the hotel.

    Use of the space as an office block.

    Assuming kes 50 per square foot rent, the rental income for the 1600m2 per floor x 5 floors will be kes 48m per year.

    The construction cost reduces to kes 35,000 per m2 since offices take less construction costs than hotels.

    The return on investment is 7.3 years as tabulated below.

    Cost Item

    Kshs

    %
    Land

    57,000,000.00

    16.143193
    Preliminary

    1,800,000.00

    0.50978504
    Construction

    224,000,000.00

    63.4399162
    External Works

    11,200,000.00

    3.17199581
    Contingency

    4,480,000.00

    1.26879832
    Professional fees

    11,200,000.00

    3.17199581
    Project Management fees

    2,240,000.00

    0.63439916
    Marketing

    850,000.00

    0.24073182
    Financial Charges

    40,320,000.00

    11.4191849
    Total

    353,090,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    129,090,000.00

    36.5600838
    Debt Finance

    224,000,000.00

    63.4399162
    Presales

    0.00

    0
    Total

    353,090,000.00

    100
    PROFIT

    48,000,000.00
    TOTAL INCOME PER YEAR

    48,000,000.00
    TOTAL EXPENDITURE

    353,090,000.00
    RETURN ON INVESTMENT IN YEARS

    7.36

    Conclusion.

    Hotel investment for this plot is better than office block investment with a return on investment of 3 years compared to 7 years.

    PLOT BUYERS INVITED.

    Investors are invited to purchase the plot and realize their financial investment goals. Be it individuals, SACCOs, corporates e.t.c, this is a golden opportunity to propel your finances to a higher level.

    Francis Gichuhi Kamau, Architect.

    info@a4architect.com

    0721410684.

  • AMMOUNT OF CEMENT USED IN AN AVERAGE 3 BEDROOMED HOUSE IN KENYA.

    AMMOUNT OF CEMENT USED IN AN AVERAGE 3 BEDROOMED HOUSE IN KENYA.

     

    Cement cost takes an average of 35% of the total cost of construction of an average house basing on a low cost finish overall estimate of KES 20,000per m2. This is approximately KES 7,000 per m2.

    The amount of cement used in total for an average 3 bedroomed residential house of 100m2 in plinth area is 958 bags at a cost of KES 691,000 basing on a price of KES 720 per 50kg bag.

    A square meter of building in Kenya will use 9.6 bags.

     

    2 BEDROOMED FLAT.

     

    The average 2 bedroomed house in a middle class area such as Ruaka, Rongai, Kitengela, Ruai is approximately 60m2 in plinth area. This translates to 60m2 x 9.6bags=546bags costing KES 414,000.

    A block of 2 bedroomed flats in the middle class neighborhoods standing on a 1/8th acre can contain 20 units. This means the total cement used will be 20 units x 546bags per unit=10,920 bags costing 7,800,000 KES.

    SHOPS AND SINGLE ROOMS 1Oft by 10ft.

    The average 10ft by 10ft room used as a shop or single room residence is approximately 10m2 in plinth area. This translates to 10m2 x 9.6bags=96bags of cement costing KES 69,100.

     

    The breakdown is as below.

    Foundation.

    weight tonnes cement bags cement price
    cement sand ballast
    Blinding1.4.8

    0.461538

    1.969231

    3.938462

    9.230769

    6646.154
    Footing1.2.4

    3.214286

    6.857143

    13.71429

    64.28571

    46285.71
    Floor1.3.6

    5.4

    17.28

    34.56

    108

    77760

    181.5165

    130691.9

     

    WALLING. Ratio of 1.4

    weight tonnes cement bags cement price
    cement sand ballast

    23.90625

    76.5

    478.125bags

    34425

     

    BEAMS AND COLLUMNS. Ratio 1.2.4

    weight tonnes cement bags cement price
    beams cement sand ballast

    5.571429

    11.88571429

    23.77143

    111.4286bags

    80228.57
    collumns

    0.857143

    1.828571429

    3.657143

    17.14286bags

    12342.86

     

    FLOOR PLASTER. Ratio 1.3

    weight tonnes cement bags cement price
    cement sand ballast

    1.875

    6

    0

    37.5bags

    27000

     

     

    WALL PLASTER. Ratio 1.4

    weight tonnes cement bags cement price
    cement sand ballast

    5.97

    25.472

    0

    119.4bags

    85968

     

    EXTERNAL KEYING. Ratio 1.4

    weight tonnes cement bags cement price
    cement sand ballast

    0.672

    2.8672

    0

    13.44bags

    9676.8

     

    ACTUAL SITUATION ON THE GROUND.

    In most small scale residential projects, the house owners usually rely on the local Fundi expertise on the mix ratio of cement. The usual tools used to measure the volumes are  spades, wheel barrows and 20 liter water buckets.

    8 wheelbarrow of sand/ballast make 1 tonne.

    Four wheelbarrows are used to mix 1 bag of cement to 8 bags of ballast.

    I bag of cement has 0.035 cubic meters in volume.

    1 wheelbarrow has the below volume.

    Assuming sand has a density of 1600kg/m3 and 8 wheelbarrows make 1 tone, 1 wheelbarrow has 1000/8=125kg.

    1 wheelbarrow of sand has 0.08 Cubic meters in volume.

    This sand volume per wheel barrow when compared to cement volume per bag gives a ratio of 1 cement volume to 2 sand volumes.

    LOCAL FUNDI MIX.

    The usual mix used by local fundis of 1 bag cement to 4 bags sand is actually 1 cubic meter cement to 8 cubic meters sand to 16 cubic meters ballast.

    A ratio of 2 bags cement to 4 wheelbarrows sand to 8 wheelbarrows ballast is 1 to 4 to 8 which is still low for concrete works such as foundation footings and beams which require a ratio of 1 to 2 to 4 or 1 to 3 to 6.

    This type of mix works well for single storey residential houses.

    BUILDING COLLAPSE.

    In the event that the ratio of 1 bag cement to 4 wheelbarrows sand to 8 wheelbarrows ballast is used for a building that is several storeys high, serious risk of collapse is imminent due to a very weak cement ratio. This could be the reason for the various building collapse being witnessed in Kenya and recently in Tanzania and India.

     

    Francis Gichuhi Kamau, Architect.

    info@a4architect.com

    0721410684.

     

  • Unique furniture desisn at Hurlingham office

    25042013246

    25042013247

    25042013248

    25042013249

    25042013250

    25042013251

  • JOINT VENTURE PROJECT, NGONG ROAD BEHIND UCHUHI HYPER.

    Joint Venture Project along Joseph Kangethe road, off Ngong Road, Nairobi.

    2 bedrm units @ 110m2 each.kes 11m sale price.
    Cost Item

    Kshs

    %
    Land

    55,000,000.00

    34.47843531
    Preliminary

    400,000.00

    0.250752257
    Construction

    77,000,000.00

    48.26980943
    External Works

    3,850,000.00

    2.413490471
    Contingency

    1,540,000.00

    0.965396189
    Professional fees

    3,850,000.00

    2.413490471
    Project Management fees

    770,000.00

    0.482698094
    Marketing

    3,250,000.00

    2.037362086
    Financial Charges

    13,860,000.00

    8.688565697
    Total

    159,520,000.00

    100
    Financing Plan

    Kshs

    %
    Developer

    82,520,000.00

    51.73019057
     

    0.00

    0
    Debt Finance

    77,000,000.00

    48.26980943
    Presales

    22,000,000.00

    13.79137412
    Total

    159,520,000.00

    113.7913741
    PROFIT
    TOTAL SALES FOR 20 UNITS

    220,000,000.00
    TOTAL EXPENDITURE

    159,520,000.00
    NET PROFIT

    60,480,000.00
    % Profit Margin

    37.91374122
    Take home ammount.

    115,480,000.00

    Site location

    [googlemaps https://maps.google.com/maps/ms?msa=0&msid=205617053586273466800.0004db187e1ef238fdabc&ie=UTF8&t=h&ll=-1.303876,36.787795&spn=0,0&output=embed&w=425&h=350]

  • Hurlingham. Unique furniture design construction.

    23042013241 24042013244 24042013242 24042013243 24042013244