265 Elmer One-Kasarani

Peroperty Description

Looking to invest in affordable housing in a high demand location, 265 Elmer One is the right real estate investment for you. 265 Elmer One is located in Kasarani, a highly populated area with high rental demand and in close proximity to all key services ensuring sustained tenancy. Not only this, but Elmer is a differentiated high quality product compared to the stock in the wider Kasarani area, making it highly competitive in the rental market hence guarantees sustainable occupancy.

Elmer One, sitting on 1.8 acres,  comprises of 265  studio, 1 bedroom, 1 bedroom loft and 2 bedroom unit apartments.

Expected rental yield for  Elmer One is 7.5% per annum with an expected competitive annualized return of more than 21%. Price and size is as follows:

  • Studio measuring 20 SQM selling at 2.1 million.  42 units in total.
  • 1 bedroom measuring 40 SQM selling at 4 million. 40 units in total.
  • 1 bedroom loft measuring 40 SQM selling at 4.2 million. Master bedroom en-suite.  24 units in total.
  • 2 bedroom measuring 60 SQM selling at 5.2 million.  118 units in total.

Elmer is 1 km from Thika Super Highway, 20 minutes’ to CBD, 10 minutes’ to TRM, 20 minutes’ to Garden city mall, 10 minutes’ to Moi International Sports Center and 40 minutes’ to Thika Town. Hospitals within reach include, St.Johns Hospital, St.Francis Hospital and Kenyatta University Hospital. Mountain View School, Braeburn Garden Estate, USIU, Kenyatta University and, JKUAT are some of the schools within close proximity.

Amenities include:

  • Courtyard garden
  • Ample parking
  • Rooftop garden
  • Juliet balcony
  • Bay window
  • Calm outdoor living space
  • Rooftop lounges
  • Rooftop mini tennis court
  • Rooftop mini soccer pitch
  • Open-plan kitchen
  • Wheelchair access
  • Lift and staircase
  • Back-up generator for common areas
  • Reliable water supply-Borehole
  • Internet provision
  • CCTV





Property Features
Symonns Realty

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