Hello Ladies and Gentlemen,

There is a project coming up on Mombasa Road near Senior Staff, Athi River.

Someone is doing apartments (1, 2 3 bedroom). As of now, I know that 1-bedroom goes for 2.2M.

How is this deal? I imagine the monthly rent will be around 10k ... a buy or leave?

I will get more information about the 2- and 3- bedroom units.

Key features:

(a). On the road (Mombasa road);
(b). Directly opposite Senior Staff Area, actually opposite Garden Hotel, Athi River, on the left as you go towards Machakos.
(iii). Water from Mavoko and borehole
(iv). Commercial units will also be available.

Good day.

@ Abby, i know the place. Saw them putting up a perimeter fence. My only problem are the slums in the neighbourhood. There might be security concerns. Anyway, who are the contacts ?

Good thought; had not given attention to that.

My aim was to pick 1-bed or 2-bed as an investment; being just on the road, commuting should be very easy ... vehicles to Athi River, Ktengela, Machakos, etc.

I thought that a 1-bed won't lack a tenant; let me investigate the slums issue a little longer.

I was at their offices .... initially they said the 1-bed goes for 2.2M; now they say the pricing is not finalized.....

My guess.. Mombasa Rd (from Nbi) ends in Mtito Andei. Here the road changes name to Nairobi Rd (from Msa)

are you planning to buy to reap from rent or for speculative capital gains

Fine, I am fighting to get a 2-bed room one, looking for 350k deposit.

To me, there is no better deal than this --- becoz in the 18 months or so that it will take to complete Phase 1 of 230 units, I will almost be through with payment.

Even if I will not have completed, I should be able to be financed easily -- and a tenant who will use the unit will finish paying for me.