365 Pavilion Place Residences
POA
Peroperty Description
We are proud to introduce to you 365 Pavilion Place residences located next to USIU-Africa and Safaripark Hotel.
This project sits on 4.5 acres with the 1st phase being developed on 2.2 acres and will comprise of 1 bed, 2 bed, 3 bed and 3 bed + dsq whose details are as below:
Unit typology |
Size (sq.m) |
Size (sq.ft) |
Price in KES (From) |
Rental Yield |
1 Bedroom |
55 |
592 |
6,200,000.00 |
7% |
2 Bedroom |
91 |
979 |
9,900,000.00 |
7% |
3 Bedroom |
126 |
1356 |
12,900,000.00 |
7% |
3 Bedroom + DSQ |
135 |
1453 |
13,300,000.00 |
7% |
Owing to the strategic and prime location for the project, 365 Pavilion place will be ideal for a home or rental investment backed by the following amenities, offerings and demographics:
- Serviced estate with an internal 13 metres wide tarmack road fitted with street lighting and walk ways on both sides (Already existing)
- Upgraded internal drainage, sewer, uninterrupted portable piped water and 24/7 back up power for common areas
- Gated community with a perimeter fencing, cctv surveillance and manned security
- A fully equipped gym, a community centre and sky gardens
- High speed lifts in every block
- Day Care/play group facility
- Ample parking for residents and visitors
- Landscaped courtyard to serve as kids play areas, jogging loops, sitting areas and provision for multiple greenery
- Fitted kitchen with a cooker, oven, hood and inbuilt cabinets (including hang cabinets) and bedrooms with inbuilt wardrobes
- Laundry provision in every unit
- Fire alarm in common areas
- Proximity to USIU university (500m), Safaripark (500m), Garden city mall (2km), Thika Road Mall 1(km) and Nairobi CBD-(12Km)
We have a flexible payment plan as follows:
- Kes 50,000 booking fee
- 10% on signing the offer letter (inclusive of the Kes 50,000 above)
- 10% on signing the agreement for lease (on breaking ground-September 2020)
- 80% staggered over the 2.5 years construction period or financed through mortgage
- **You can get Mortgage financing from Absa, Co-operative and Stanbic bank at a negotiated rate
Construction is scheduled to commence in September 2020 for a 2.5 year period till March 2023.
The 365 Pavilion place (“the village”) will be ideal for the following target groups:
- Investors targeting a rental yield of a minimum 7% and a capital appreciation of 3% p.a.
- Young working families due to location convenience and exclusivity of the address
- Expatriate community and Corporates looking to accommodate their staff in a serene and a secure neighbourhood with quality infrastructure