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edenville yet another gated community
Gordon Gekko
#11 Posted : Thursday, December 06, 2012 2:37:33 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
jaggernaut wrote:
guru267 wrote:
the graphics tell of a beautiful place to come... i just hope more of these projects spring up as HFCK will benefit all the way to the bank....
Phase 1 complete. Sure, they did some good work. Place looks lovely. Have seen one of the houses there advertised for Ksh 110k rent. Not a bad investment at 12m. That gives a ROI of 11%.
ROI of 11% is supernormal, I doubt the rental amount. Real Estate ordinarily gives an ROI of 5-6%
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