Hello Wazuans
Edermann property had put an advert in today's nation newspaper for special price of KES. 3.5M for 3brm apartments in Athi River along the road to Mavuno church.
This sounds a good deal,anybody who has dealt with them and what's your opinion on this as an investment.
Thanks for sharing

9 posts in ten years!
Yes,the deal must be very very good.

We shall buy plenty. Just go sleep. Youll see for yourself in your dreams

I missed a similar offer in 2013 of their Highrise property. They squeezed an offer price of 3M to be paid within 2 weeks... And the houses are nice

Was there an indication about when the show house will be ready?Will water and sewerage be taken good care of?I also hope you don't work for Edermann?

i don't.. there's one painted but no windows and doors yet. the middle class were trooping there with their toyotas

I believe middleclass are the jaguar owners around here. Middleclass being defined by networth. Toyotas are either poor or rich

You went there and counted the workers? 1,2,3... mpaka 500?

sights

@Pesa Nane, was that picture taken yesterday?

Was there too

1. Member was correct....the middle class To~yo~tas were streaming in with couples, young and old... Lol
2. They seem to be sharing the lower wall with Mavuno hill city church... Sunday mpende msipende block za chini lazima watu waokoke.
3. The sewer line is along the mavuno church wall... Oooh Noo on this one i pity mavuno Church. That moment that you have to repent at the pulpit and the stench decides otherwise.
4. From the photo above (the location the camera man is standing) is where they will put phase 2 and 3 of the project.
Guess what....2000 houses are coming up may be in coming years.
5. So far they are building approximately 216 3 bedroom & 260 2 bedrooms something like 540(Numbers are approximate)
6. Opposite the road there is an industry i guess its the alcohol one. I was able to sniff some sweet concoction, i guess ni molasess but i never got drank!! (Block E/supermarket/proposed primary school be prepared- The top row).
7. The show room is not complete but gives a good view of whats coming up..there tiles and ~~~
8. The 3 bedroom looks okay for me i did not like the 2 bedrooom size but hey you get an extra DSQ where you can squeeze a small office or extra tiny bed (thats if 2 by 2 it exists) ama ikue store
9. Nice road, cabro pavement, well lit.... still incomplete
10. At the office the houses facing the light and open ground have been snapped (No first and second floor) the juicy parts has been squeezed already...
11. i think the area is great since safaricom crystal mall should be coming up with some residential near (Please note this Kenya nothing is guaranteed (http://www.standardmedia.co.ke/lifestyle/article/2000166064/safaricom-scheme-to-build-mall-in-machakos)
12. Supermarket & school in one corner again if it will ever crystalize.. looked like 2 floors
13 The completion is Dec 31st but those who know erdemann will tell you work with May-June 2017 ul never go wrong.
14. The ground is slanting ... i guess this will favor the direction of sun/wind(Yaani vumbi) towards the top houses, plus machakos is always sunny

My Analysis:

Good buy at 3.5m (at the current stage) however those who know erdemann will tell you the bastard dont care about the environment i mean the greeness na nyasi. Bora una pa kulala + a road thats well lit tosha. personally izo nyumba ni MINGI....2000 ndio target (http://www.nation.co.ke/business/Sh6bn-housing-project-takes-off/-/996/2892424/-/r02w5tz/-/index.html)

"Caveat:: Dont base your decision on my analysis, this is my personal view after visiting the place"

Conclusion:
"Worth 3.5M for a cash buyer only" anything above that acha ikae