1 bedroom apartments for sale in Riverside drive

KSh 18,200,000

Riverside, Westlands

Apartment · For Sale
1 Bedroom
1 Bathroom

Description

Divine Residences by CityBlue is a luxury hotel concept, located along Riverside lane, offers unparalleled investment potential. The 1 and 2-bedroom hotel suites promise a guaranteed rental income, coupled with an impressive return on investment of up to 15%. Developed by Vaal Real Estate Branded by CityBlue Managed by Valor Hospitality This investment is truly exceptional as it will be managed by VALOR Hospitality, a renowned international hotelier managing more than 85 hotels worldwide. Additionally, it offers unique benefits such as: ✅ Earning from a pooled income, ensuring you receive revenue regardless of occupancy. ✅ A revenue-sharing model between the hotelier and owners, where all operational and management costs are covered by the hotelier, with no service charges. ✅ The option for self-occupation. ✅ Return on investment of up to 15%. THE BEST INVESTMENT IN EASTAFRICA One &Two Bedroom-Apartments. Fully Furnished, internationally branded & managed Hotel Residences in the heart of Nairobi, Kenya for sale. AMENITIES Reception Area, Heated SwimmingPool, Fitted Gym, Lounge Area, Borehole,High SpeedLifts, Backup Generator, Room Service & more CONSTRUCTION Shell and core up to the Rooftop, Completed Show Houses Ready. Finishes 0ngoing. HIGHEST RETURN ON INVESTMENT Achieved with a mix of short-,mid-,and long-term bookings & rising demand for apartment hotels preferred over hotel rooms (more space and the feeling of a home away from home). And The International experience of the hotel brand and management. RETURNS • CapitalGainsyearonyear15% • Average Rates Short Stay 150$ - 250$ • Occupancy Average Y1-5=70%, Year 5+=75% • 14%ReturnOnInvestment SELF OCCUPATION • Application To Operator In The First 30 Days Of Each Quarter • StayOf<6Months,SpecialOwnersRateofMin. 15% Discount. Income still earned. • Stay Of >6 Months, 10$ Per Day, no income earned • Max 20% Of Total Units PAYMENT PLAN 50% Deposit. 12Monthly Installments payment plan for the balance. Prices starting from $140,000 for One Bedroom and $196,000 for Two Bedrooms. *Completion date December 2025*

Amenities

Internal Features

Alarm System
Backup Generator
En-Suite Bathroom
Fibre Internet
Furnished
Service Charge Included
Serviced
Walk-in Closet

External Features

Balcony
BBQ Area
Borehole
CCTV
Electric Fence
Garden
Gated Community
Gym
Kids Play Area
Lift/Elevator
Parking
Pet Friendly
Staff Quarters
Swimming Pool
Wheelchair Access
Scenic View
Golf Course

Surrounding Areas

Neighborhood

Riverside, Westlands
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Popular points of interest

University of Nairobi Chiromo Mess 0.1 km
Prime Bank 0.2 km
Pride Centre 0.2 km
University of Nairobi Chiromo Campus 0.3 km
Eden Square Parking 0.4 km
Austine Realtors LTD
Austine Realtors LTD
Listing ref AUS0247

Austine Realtors

Lead agent

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