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VENETIAN HIGH RISE ESTATE (Ruiru Kimbo)

  /  VENETIAN HIGH RISE ESTATE (Ruiru Kimbo)

VENETIAN HIGH RISE ESTATE (Ruiru Kimbo)

Property size: 40X80
Structure: Bedrooms
Accommodation:
Heating:
Ksh6,000,000
Available
Property ID:
Specification
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Property size icon Property size: 40X80
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Property year built icon Year Built:
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Property publication date Publication date:
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Location
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Country: AF
Description

Property Details

  • Venetian Highrise Estate is a controlled modern plan of residential apartments that blends well with the dreams of any investor in a prime and serene environment.
  • Venetian highrise consists of one and two bedroom apartments that attracts families and working class of people.
  • The project is located only 500m from the busy Thika Super highway and therefore very prime for apartment investment.
  • The project is also 50m from kimbo-matangi tarmac road.
  • The area consists of red –soil with a cool quiet green environment that favours the upbringing of young kids and families.
  • The project is next to Murera police post and chief camp hence ensuring that security is at the top.

WHY INVEST AT VENETIAN HIGHRISE

  • The supply of land has remained constant as the demand for land from the ever increasing human population is going on the rise
  • Demand for descent housing is now the trading mark for investment in the apartment side of the real estate sector.
  • At Venetian we bring a uniform design of highrise thereby providing uniformity and well layed plan that reflects beauty and architectural perfection.
  • The walkways between the apartments with well-maintained flowers and grass provides the best platforms for kids to perfect development of the kids to interact with a well natured environment for a perfect development of the kids.
  • Ample parking has been provided occupying 100% of the ground area.

 

RETURNS ON INVESTMENT (R.O.I)

  • The design stipulates that every floor of each apartment shall have 2-2 bedrooms and 3-1 bedrooms units.
  • The expected monthly return/rent is Ksh 23,000 for a 2- bedroom and Ksh 16,000 for 1- bedroom therefore every floor will have a return of Ksh 94,000.
  • Six floors will thus have a return of Ksh 564,000.

 

REMARKS ON THE CONSUMPTION OF THE PROJECT.

  • The project is located along the busy Thika super-highway that provides a reliable transport system from Nairobi.
  • It is rational for people working in Nairobi to be leaving and spending their nights at Venetian Highrise by the fact that the fare from Nairobi to Kimbo, Ruiru is only Ksh 50.
  • The increasing middle class people are having a huge appetite of a well layed and constructed leaving area and therefore Venetian highrise estate meets their needs at their doors.

AMMENITIES AND FEATURES NEAR THE PROJECT

Distance from Venetian

  1. Nibs college -500 meters
  2. Police post-Murera – 10 meters
  3. Chief office – 10 Meters
  4. Kimbo town -500 meters
  5. S.U Recce Company -500 meters
  6. Ruiru town – 2KM
  7. KU – Ruiru Campus – 1.5 KM
  8. RUJWASCO – 1.5KM
  9. KU Main Campus – 5 KM
  10. JKUAT – 4 KM
  11. Spur Mall – 500 meters
  • The project is also near other controlled residential projects that are already complete.

PLOT PARAMETERS

  • Size – 40*80- (0.03 Ha)
  • Soil – red soil
  • Water – already installed (RUJWASCO)
  • Electricity – already on site.
  • Environments climatic condition – cool and green
  • Tittle deeds – ready.

PRICE AND MODE PAYMENT

  • The price per plot is cash Ksh 6M.
  • We accept financing from banks and other financial institutions.
  • In case of installment view the Investment Breakdown Below

 

DESIGN AND ARCHITECTURAL WORK

  • The designs and architectural work of the project is obtained from our company architectural office.

INVESTMENT BREAKDOWN (40 by 80)

PackageDurationInvestment% Deposit Deposit AmountMonthly Installment Amount
RhodiumPayment within 30 daysKsh 6,000,000 100
Diamond2 months 60 daysKsh 6,150,000 80Ksh 4,920,000 Ksh 615,000
Ruby3 months 90 daysKsh6,300,000 70Ksh4,410,000 Ksh 630,000
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