Kenpipe Gardens 3 & 4 Bedroom Maisonettes-Now Selling In Kitengela.
KEY DETAILS
Fully detached standalone units. Separate lounge and dining room.

Fitted kitchen with pantry.

En suite master bedroom

Visitors cloakroom.

Detached staff quarters.

PROPERTY DESCRIPTION *
Kenpipe Gardens, located 39 Km from Nairobi City Center and 6 km from Kitengela Town and 2 kilometers from the main road near Kitengela International School, Thorn Grove Academy and Orchard School.Our Project offers 101 three and four bedroom maisonettes on approximately 270 square meters of land each.Of these, 54 are four-bedroom maisonettes and the remaining 47 are 3-bedroom maisonettes in a spaciously designed gated community and gives an opportunity to invest in Kitengela Township, which absorbs impact due to population expansion within Nairobi; and continues to grow offering vast and easily accessible amenities, facilities and sufficient transportation networks.
Besides its investment potential, it is an ideal community setting for individuals and families to thrive in. It offers wide roads for taking walks, cycling and skating and a playground for children among other amenities.

Parking for 2 and driveway to allow extra parking.
Electric perimeter wall and 24 hour security guards.
Borehole Water available 24/7
Lush green well-manicured lawns with water recycling system to be used for watering plants.
water storage tank of 1000 liters capacity for each house.
Solar heating and lighting
The shared amenities include cabro-paved estate roads, solar water heating, borehole and water treatment plant, main and service gates, and a children’s playground.

Payment plan
Kenpipe Garden Houses Price Summary

Offer Prices (cash only)
3 Bed – Kes. 10,000,000 4 Bed – Kes. 10,750,000
Normal Prices
3 Bed – Kes. 10,250,000
4 Bed – Kes. 11,000,000
Tenancy Purchase (Up to 20 years)

3 Bed – Kes. 10,500,000
4 Bed – Kes. 11,250,000
Item Description (3 Bedroom)
Total Purchase Price (3 Bed Unit) 10,500,000.00
Deposit 10% – 1,050,000.00
10% deposit is the minimum acceptable Bal. on TPS – 9,450,000.00 Interest Rate 12% No. Months (Max) 240 Maximum of 240 months
Monthly Repayment KES 104,052.64
The Buyer is free to make increased repayments.
Registration Cost & Certificate of Lease KES 1,000.00 Management Co. Set Up & Purchase of 1 Share KES 2,000.00 Reversionary Interest Purchase Costs KES 1,000.00 Service Charge Security Deposit (3 Months) KES 21,000.00 Advance Service Charge (3 Months) KES 21,000.00 Legal Fees KES 116,000.00 Inclusive of VAT
TPS Insurance* KES 37,800.00
Mandatory requirement subject to balance outstanding (annually and reduces as installments are paid)
Stamp Duty 4%
Current Statutory requirement payable on completion of purchase. Government will from time to time review this charge.
Total Initial Payment 1,353,852.64 *To be advised by insurance broker

Item Description( 4 Bedroom)
Total Purchase Price 11,250,000.00
Deposit 10%- 1,125,000.00 10% deposit is the minimum acceptable Bal. on TPS – 10,125,000.00 Interest Rate 12% No. Months (Max) 240 Maximum of 240 months
Monthly Repayment KES 111,484.97
The Buyer is free to make increased repayments. Registration Cost & Certificate of Lease KES 1,000.00 Management Co. Set Up & Purchase of 1 Share KES 2,000.00 Reversionary Interest Purchase Costs KES 1,000.00 Service Charge Security Deposit (3 Months) KES 21,000.00 Advance Service Charge (3 Months) KES 21,000.00 Legal Fees KES 116,000.00 Inclusive of VAT
TPS Insurance* KES 40,500.00
Mandatory requirement subject to balance outstanding (annually and reduces as installments are paid)
Stamp Duty 4%
Current Statutory requirement payable on completion of purchase. Government will from time to time review this charge.
Total Initial Payment 1,438,984.97 *To be advised by insurance broker

Rental-Units and Rental income.

3Bedrom-45,000/= inclusive of service charge-5,000/=)

4Bedroom-50,000/= Inclusive of service charge-5,000/=. Read more...