1 Bedroom Apartments for Sale on Kirawa Road – Kitisuru. Brownstone 4 is an ongoing development located on Kirawa road some 11 Kms from CBD and 9Kms from Westlands Via Peponi Road. This development consist of 144 one bedroom units on 1/2 acre land. The development on the outskirts of Kitisuru will attract a considerable good rental value due to the location, amenities and quality of finishing. The estimated rental value is Kshs. 276,000 per annum with a possibility of reaching Kshs. 360,000 after complition date which is later at the end of the year. This presents a gross yield of 9.2 %to 10%.
This is therefore an attractive investment sitting that 1 bedroom houses have a 95%- 99% occupanncy rate throughout the year. Make the move now to book a unit or more for this is a sure bet for 8% to 10% return on investment.
