Property Description
The building is 21 floors
7 parking floors
14 commercial office spaces
2 top floors (rooftop high ceiling at Kshs 14,000/- per sqft plus VAT)
1000sqft at the price of Kshs 12,500/- plus VAT = 14,500/-.
Price for 1000sqft = 14.5m
Down payment of 25% = 3.7m
The balance 75% spread over 10 years interest free, no rent increase every year, no hidden charges, no bank hassles
Rent charged at Kshs 77.58 per sqft plus VAT = 90/- per sqft inclusive of VAT
Therefore monthly rent for 1000sqft = Kshs 90,000/-
Per year = Kshs 1,080,000/-
After 10 years = Kshs 10,800,000/-
Kshs 10.8m added to the initial payment of Kshs 3.7m adds to Kshs 14.5m
Amenities
- High speed lifts
- Backup generator
- Ample parking
- Kitchenette
- Water and Sewer provisions
- Fire exit
- Scenic city views