Studio Apartments, Naivasha Rd

Property Overview KEZA Riruta is a master-planned residential community at Mugumo Park, along Naivasha Road. The development sits just 100 metres from the Kikuyu/Naivasha Road Junction, on 4.5 acres of prime real estate. It offers a 20-minute commute from the Nairobi CBD along the Riruta Corridor, with direct access to Ngong Road, Karen, and Westlands. KEZA Riruta blends urban living with the calm of nature, combining affordable pricing with premium amenities and lush green landscapes. Units are available from Kes 2,700,000, spanning Premium Studio, 1, 2, and 3-bedroom apartments. .................................................... Project Progress Phase 1 is complete, with 154 units handed over in 2025 and performing above expectations in rental yields. Actual rental yields have ranged between 10% and 12%, against an initial projection of 8%. Phase 1B is under construction, with the superstructure completed and finishes now underway. Completion of this block is expected in December this year or Q1 next year. Phase 2 is currently selling. The swimming pool is concreted and is expected to be completed this quarter. A 3-level clubhouse is under construction, featuring a mini mart, gym, co-working space, and residents' lounge. .................................................... The Mugumo Park & Sycamore Park At the heart of KEZA stands a 400-year-old Mugumo Tree, a powerful symbol of shelter, growth, and continuity. Mugumo Park is a vibrant community hub designed for connection and wellbeing, hosting outdoor daycare, bonfires, and movie nights. KEZA's unique feature is its large Sycamore Park, a green space of almost 1 acre centered around a 200-year-old Sycamore tree. .................................................... Unit Types & Prices Premium Studio (258 sqft / 24 sqm): from Kes 2,700,000 1 Bedroom (484 sqft / 45 sqm): from Kes 4,900,000 2 Bedroom (807 sqft / 75 sqm): from Kes 7,800,000 3 Bedroom (1,023 sqft): from Kes 9,700,000 Prices vary by floor level, with higher floors priced progressively higher across a 12-floor range. .................................................... Investment Returns KEZA delivers verified rental performance, with actual yields of 10-12% recorded at Phase 1. Estimated rent for a 1-bedroom unit is Kes 22,500 per month, with an estimated rental yield of around 14%. Capital appreciation on early units has reached approximately 65% based on current market assumptions. Figures are estimates based on current market assumptions. .................................................... Amenities A clubhouse featuring a mini mart, gym, co-working space, and residents' lounge is under construction. Botanical gardens add a landscaped, green environment throughout the development. 24/7 security ensures resident safety. A kids' play area caters to family living. A swimming pool is under construction and expected to complete this quarter. .................................................... Nearby / Points of Interest Naivas Riruta Supermarket Mutuini Sub-District Hospital Dagoretti Train Station Dagoretti High School Royal Academy PC Kinyanjui Technical Training Institute Lenana School West Nairobi School Lavington Mall The Junction Mall Ngong Road Forest Sanctuary Africa International University National Defence College Kivuli Centre .................................................... Payment Terms Cash Payment Plan: 10% upon signing of Offer Letter, 10% upon signing of Sale Agreement, 80% financed at completion. Instalment Plan: 20% upon signing of Offer Letter, 10% upon signing of Sale Agreement, 70% spread over 30 months from construction start. Mortgage Plan (price 10% higher): 10% upon signing of Offer Letter, 10% upon signing of Sale Agreement, 80% financed at completion. 3-Year Payment Terms (select units): 10% upon signing of Offer Letter, 10% upon signing the Sale Agreement, 10 quarterly payments spread across the 30-month construction period.