3 bedroom apartment for sale

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Description

We offer you this development on 6th parklands avenue. it consists of 3 bedroom, 5 bedroom simplex and 5 bedroom duplex apartments set to match international market standards with beautiful views. amenities include: on site borehole backup generator 4 high speed elevators double exit and entry points internet and tv cable connectivity security intercom and cctv cameras lighting control system complete fire fighting and alarm system in the basement booster pump for pressurized water for all bathrooms free belva valet trash the project broke ground in sep 2020 and set to complete in dec 2022. total built: 59 apartments, 16 floors per floor: block a (2 units on each floor) block b (3 units on each floor) parking: 2 parking bays per apartment payment structure: 10% commitment fee upon signing a letter of offer 20% payable upon signing agreement for sale 20% in the first quarter 20% in the second quarter 20% after one year into the project 10% after 18 months to the project completion service charge: kes 15,000 title is valid until 2076 purchasers will get a sub-lease for their apartment for the remainder of the lease. projected three bed rental yield: kes 140,000 projected five bed rental yield: kes 200,000 projected five duplex bed rental yield: kes 220,000 stamp duties: 4% of purchase price legal fees: 1% + vat management company share capital kes 20,000.00 electricity and water services installation and deposits kes 20,000.00 cost of formation of management company kes 5,000.00 service charge 3 months deposit kes 36,000.00 service charge 3 months advance payment kes 36,000.00 for more information and a viewing please contact: joan baru 0712866264 [email protected] or martin dias group chief executive officer fapcl group abc place first floor block d waiyaki way p.o. box 14459-00800 nairobi, kenya tel: 0722 524383 [email protected] www.fapcl....

Property Details

3 Bedrooms

3 Bathrooms

3 Toilets

2 Parking Spaces