Orchid Gardens Apartments Project in Kitengela

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Prittworld Properties & Mortgages Limited is in the processing of starting its 3rd development project, Orchid Gardens Apartments Project in Kitengela.
Orchid Gardens Estate is a comprehensive residential development encompassing 280 modern apartments with impeccable finishing. The 2 and 3 bedroom apartment options are set across a 7-acre parcel of land.


Location: The project is strategically positioned in the peripheries of the fast growing Kitengelatown. It is only a 30 minutes’ drive from the CBD and 15 minutes’ drivefrom JKIA. The adjacent suburbs Milimani Estate, Mountain View make the location quite secure and attractive for investors.


Neighboring social amenities:
Major hospitals within the vicinity include Nairobi Women’s Hospital, Gertrude’s Kitengela and Aga-Khan Hospital. International schools that neighbor our development include Kitengela International School and Kennedy Academy.

 

Unique designs:
Orchid Gardens is uniquely designed with spacious rooms and well organized site layout. The estate is also fitted with internet. This together with the with the greenery areas makes Orchid Gardens a classic development in Kitengela. The open kitchen design and well lit estate makes Orchid Gardens the most ideal place to live on.

 

Project features:
The development will also encompass:
1.    Day Care / Nursery
2.    Commercial Hub:
         a.    Mini market
         b.    Restaurant/Café
         c.    Beauty spa
         d.    Butchery;
         e.    Gym
3.    Swimming pool;
4.    Jogging track;
5.    Children’s playing fields;
6.    Power backup generator
7.    Eco friendly water recycling plant;
8.    A borehole;
9.    Round the clock security – manned perimeter wall, electric fencing, well-lit driveway and security check points;

 

Selling Price (Capital expenditure):

Unit Sizes Plinth areas Parking Provisions Number of Units Selling price
(offplan prices)
3 bedroom Units With DSQ 116 2 bays per unit 128 units 7,200,000
3 bedroom Units Without DSQ 119 2 bays per unit 72 units 6,500,000
2 bedroom Units without DSQ 89 1 bay per unit 80 units 5,500,000
Total     280  

 

Expected Monthly incomes & Annualized Return on Investment:

Unit Sizes Expected monthly income Expected annualized return on investment (RoI)
3 bedroom Units With DSQ 50,000 25% p.a
3 bedroom Units Without DSQ 40,000 25% p.a
2 bedroom Units without DSQ 35,000 25% p.a
Total    

 

Payment plan:
    The stated prices are introductory prices (off-plan offers);
   This offer is valid for a limited period only for the first 10% of the units sold at this price

Option 1 (Cash buyers) Option 2 (Mortgage financing) Option 3 (0% deposit)

20% upon signing of the offer letter;

 

80% payable in 4 equal instalments with the last payment upon completion.

 

The phase 1 is expected to take 15 months to completion;

 10% upon signing the offer letter;

 

 90% upon completion;

 10% deposit spread over 6 months;

 

90% upon completion;

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LOCAL CONTACTS

MOUNTAIN MALL THIKA ROAD,

(Opposite Garden City)

SECOND FLOOR,SUITE C21

P.O BOX 10405 - 00100 NAIROBI - KENYA

+254 722 721 525/+254 739 256 892

nyumba@prittworldproperties.co.ke

NEWS & EVENTS

•   Orchid Gardens Apartments Project in Kitengela

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•   Top 40 under 40 men category nominations,2015

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•   PPML has been nominated as the best company in real estate Projects’ financial structuring.

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•    PPML has recently successfully launched a fully packaged construction product dubbed “Nyumba Smart” for individuals wishing to construct own homes.

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•   Karen Hilltop Gardens Ground breaking Ceremony.

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•    Prittworld Properties & Mortgages Limited opens a diaspora office.

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DIASPORA CONTACTS

Prittworld Diaspora Contacts,

Miano Maina

05 North Negley Avenue,

Pittsburgh, PA 15206, USA.

Cellphone: +14122253282

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