3 Bed Apartment with Lift in Kilimani

PROPERTY INVESTMENT SUMMARY A rare opportunity to acquire two (2) of only ten (10) 3-bedroom apartments within The Loftel Apartments — a fully amenitised, secure residential development in Ruaka, on the doorstep of Nairobi’s diplomatic blue zone. Offered as a joint or individual sale by a single vendor. ASSET OVERVIEW Asset Two (2) three-bedroom apartments offered as a joint or individual sale by a single vendor: * Block B, Ground Floor * Block B, 3rd Floor Both apartments come with sectional titles. Location The Loftel Apartments, Ruaka, Kiambu County, Kenya — within the United Nations-mandated diplomatic blue zone. Development Profile * 1-acre parcel * 11 floors across 4 blocks: * Block A * Block B * Block C * Block D Unit Size * 150 square metres per apartment Configuration * 3 bedrooms * 2 ensuite bedrooms * Third bedroom served by a common/guest bathroom Asking Price * KES 15 Million per unit (Negotiable) * KES 30 Million combined for both units Service Charge * KES 7,000 per unit per month Joint Sale Rationale Both apartments are owned by the same vendor and are being marketed jointly. Buyers may acquire one or both units. A combined acquisition offers diversified floor exposure (Ground Floor and 3rd Floor) within the same block. Scarcity Only 10 three-bedroom apartments exist within the entire Loftel complex, making the configuration highly exclusive and rare. Developer Built by an experienced Kenyan developer with a strong track record in high-quality residential schemes, including: * Urban Oasis – Lavington * Riverside One – Riverside Drive * Perry West – Kilimani UNIT FEATURES & FINISHES Layout Spacious 150 sqm three-bedroom configuration with: * 2 ensuite bedrooms * Third bedroom served by common/guest bathroom Living & Dining Area * Large windows on all sides allowing abundant natural light * Spacious enough for: * L-shaped sofa * Full sofa set * Dining table * Entryway table Balconies * Large primary balcony off the living room * Secondary balcony dedicated as laundry area Kitchen * Built-in hob and extractor * Upper and lower storage cabinetry * Generous countertop space Bathrooms * Power showers installed in all bathrooms Hot Water * Instant water heaters fitted within each unit Bedroom Finishes * Wooden flooring throughout all bedrooms AMENITIES & BUILDING SERVICES Recreation * Fully equipped gym * Swimming pool * Entertainment area with: * Pool table * Table tennis * Dedicated children’s play area Vertical Transport * 6 high-speed lifts serving the complex Resilience & Utilities * Backup generator for common areas and lifts * On-site borehole * Underground and rooftop water storage tanks Connectivity * Plug-and-play Wi-Fi * Strong building-wide internet infrastructure Security * CCTV surveillance * Manned gate with security guards * Full perimeter wall with electric fence Parking * Two-level underground parking * 2 parking bays per apartment * Additional visitor parking available PRICING & INCOME PROFILE Asking Price (Per Unit) KES 15,000,000 (Negotiable) Combined Asking Price (Both Units) KES 30,000,000 (Negotiable) Service Charge KES 7,000 per unit per month (KES 84,000 annually) Indicative Rental Income – Unfurnished (Long-Term) KES 90,000 – KES 110,000 per month Indicative Rental Income – Furnished (Long-Term) KES 180,000 – KES 190,000 per month Indicative Rental Income – Furnished Short-Let / Airbnb KES 9,000 – KES 10,000 per night Indicative Gross Yield – Unfurnished Approx. 7.2% – 8.8% per annum Indicative Gross Yield – Furnished Long-Term Approx. 14.4% – 15.2% per annum Indicative Gross Yield – Furnished Short-Let (Airbnb) * At 65% occupancy: Approx. 14% – 15% * At 80% occupancy: Approx. 17% – 19% Yields above are indicative gross figures calculated on the KES 15M asking price. Service charge, furnishing capex, agency fees, and operational costs are excluded. STRATEGIC LOCATION ADVANTAGE The Loftel Apartments sit within the United Nations-mandated diplomatic blue zone in Ruaka — one of Nairobi’s most secure and institutionally validated residential corridors. Premium Residential Neighbours * Gigiri * Nyari * Kitusuru * Runda * Muthaiga * Thigiri Ridge * Westlands * Lower Kabete * Parklands * Red Hill * Limuru * Rosslyn Diplomatic & Multilateral Corridor Immediate proximity to: * UNON * UNEP * UN-Habitat * Embassies * High commissions * Multilateral agencies Retail & Lifestyle Destinations Short drive to: * Two Rivers Mall * Rosslyn Riviera Mall * Village Market Country & Golf Clubs * Limuru Country Club * Windsor Golf & Country Club * Muthaiga Country Club * Muthaiga Golf Club Connectivity Excellent access through: * Limuru Road * Northern Bypass * Red Hill Link Road * Nairobi Expressway Providing direct connection to: * Westlands * Nairobi CBD * JKIA INVESTMENT THESIS Scarcity Premium Only 10 three-bedroom apartments exist across the entire Loftel complex, creating exclusivity and strong resale potential. Compelling Yield Profile Projected rental yields: * Approx. 8% unfurnished * Up to 15% furnished long-let * Potentially higher for Airbnb operations Diplomatic Blue-Zone Catchment Strong demand from: * UN staff * Diplomats * NGO professionals * Expatriate families * Corporate executives Move-In Ready Fully amenitised development featuring: * Gym * Swimming pool * Entertainment lounge * Kids’ play area * Backup generator * Borehole * Secure parking Joint-Sale Optionality Buyers can acquire: * One apartment * Both apartments together Combined ownership offers diversified floor exposure and economies of scale. Developer Pedigree Developed by a reputable Kenyan developer with established projects and proven construction quality. Accessible Entry Ticket KES 15M per unit positions the apartments competitively for: * Individual investors * Institutional buyers * Buy-to-let investors POTENTIAL USE CASES Ideal for buyers looking to: * Acquire a turnkey buy-to-let investment property * Operate furnished serviced apartments or Airbnb units * Establish an owner-occupier base near Gigiri and the UN Complex * Diversify into Nairobi residential real estate * Hold a high-quality residential asset with long-term appreciation potential * Provide diplomatic, NGO, or corporate housing accommodation PRICE KES 15 MILLION PER UNIT (NEGOTIABLE) LOCATION