Studio, 1 & 2 Bedroom Apartments – First Home Apartments Mlololongo, Mombasa Road

Property Detail

Type Status Location Price From 3,500,000.00 Area From 18sm to 38sm m Bedrooms 1 Bathrooms 1

Property Description

The property is nestled in the scenic Mombasa Road area having been designed to suit the modern lifestyle, with convenience and comfort in mind. Ready to occupy Studios, 1 & 2 Bedroom Apartments are available  with limited apartments remaining in phase one.

This is a new  development concept aimed at capturing the interest of first time home owners and investors looking to have an extra source of  income. The property  fronts Mombasa Road neighbors Delta Plains, Hill Crest Park,Valley view Park Estates and Signature mall.

Features

  • Well manicured lawns
  • Beautiful flower gardens
  • Adequate water storage
  • Electric fence
  • CCTV cameras and enhanced security.
  • A Signature mall neighboring with tenants such as Best western hotel.

The apartments are for rental and sale;

  • Standard Studio Monthly Rent Kshs  15,000/-
  • Deluxe Studio Monthly Rent  Kshs 20,000/-
  • 1 Bedroom Monthly Rent Kshs 23,000/-
  • 2 Bedroom Monthly Rent Kshs 25,000/-

To investors the Standard studio  apartments are ideal for rental, hostel use or boutique hotel with a daily income of 2,000/- per day which translates to 60,000/- in a month. With the potential of rent at 15,000/- per month which gives one a return on investment of 10% pa in addition to appreciation of the unit thus making it a great investment opportunity.

Interested?  Visit our offices for us to discuss on how you can buy your ideal investment vehicle today.

  • Guide Price from Kshs. 3.5 M for a Standard studio apartment

We have limited units remaining. Book for viewing today!

Cooperative Bank of Kenya-Financier

Project Finance Partner

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