Westlands River Front

 

What is selling

 

WESTLANDS RIVER FRONT FACING KARURA FOREST

 

We are providing a fantastic opportunity to own an apartment in westlands  with a clean river frontage facing the beautiful Karura forest.  Karura is the only forest in the middle of the city. This forest has indigenous tress and animals which you can watch from the comfort of your balcony.  The forest breaths fresh air which you will benefit from as you listen to the birds singing every morning.

The project will have a swimming pool, a gym, sauna and ample paring. Subject to approval, it is expected to have 48 very spacious three bedrooms units with a domestic servant quarter measuring approximately 200 square meters and 30 two bedroom units with a domestic servant quarter measuring approximately 120 sqm. It will also have a stand by generator and high speed lifts. The project will be well designed and beautiful. An electric fence and razor wire on top of a wall be part of the development.

The selling price as shown below will depend on whether the balcony is directly facing Karura forest or indirect. You also have easy paying terms.

WESTLANDS RIVER FRONT
 Area sqm No
3bedroom with DSQ                        200.00 48
2 bedroom with master ensuite                        120.00 30
Cost per sqm                  55,000.00
Construction cost 3 bedrm          11,000,000.00
Total cost for all 3bedrms        528,000,000.00
Construction cost 2 bedroom            6,600,000.00
Total cost for all 2 bedrooms        198,000,000.00
Total construction cost        726,000,000.00
SUPERVISION FEES        141,000,000.00             867,000,000.00
Cost of land
Total project cost        867,000,000.00
Total area 3 bedrooms                     9,600.00
Total area 2 bedrooms                     3,600.00
Total apartment area                  13,200.00
Percentage of built up area for owner 34%
Area to be allocated land owner                     4,488.00                          4,240.00
Area that will pay construction cost                     8,712.00
cost per SQ  meter                  99,517.91
Total cost of 2 bedroom          11,942,148.76
Total cost of 3 bedroom          19,903,581.27
MAXIMUM 2 BEDROOM FOR OWNER                           37.40
MAXIMUM 3 BEDROOM FOR OWNER                           15.84
The above is if he chooses only two
bedrms or 3 bedrms. He can choose
a combination of the two
MARKET VALUE OF HIS UNITS        396,000,000.00
TOTAL COST OF HIS UNITS        315,272,727.27
RENTAL INCOME PER YEAR          28,512,000.00
PAYMENT SCHEDULE  3BEDROMM NOT FACING KARURA  3BDROOM FACING KARURA  2 BEDROOM NOT FACING KARURA  2 BEDROOM FACING KARURA
TO BOOK        2,000,000.00     2,500,000.00      1,500,000.00         2,000,000.00
WITHIN 60 DAYS         1,000,000.00     1,000,000.00      1,000,000.00         1,000,000.00
ON GROUND BREAKING         1,500,000.00     2,000,000.00      1,000,000.00         1,500,000.00
MONTHLY FOR 18 MONTHS      15,500,000.00   19,500,000.00      9,000,000.00      12,000,000.00
TOTAL COST      20,000,000.00   25,000,000.00    12,500,000.00      16,500,000.00