Description
Membley Phase 2 Apartments is a modern development offering stylish Studio and One-Bedroom units, ideal for both homeownership and rental investment.
Following the success and high uptake of our Phase 1 Membley project, we are excited to return with Phase 2, a response to the growing demand in the area and
the stable, predictable rental income, with projected annual returns of over 9%. Location: Strategically located in Ruiru, along the Northern Bypass, directly
opposite Membley Estate, the project enjoys excellent accessibility and connectivity. It’s close to key institutions and commercial hubs such as The Nord
Mall Ruiru, Tatu City Mall, Spurmall, Kenyatta University, Kenyatta University Referral Hospital, Kamakis and many others. With such infrastructure and economic activity, Membley Phase 2 stands out as a smart, future-ready investment in one of Ruiru’s fastest-growing neighborhoods.
FEATURES/ AMENITIES INCLUDE:
> Spacious Studios & 1 Bedroom apartments
> High-speed lift
> Ample parking
> Reliable Water Supply
> Biometric gate to enhance security
> Fibre internet connectivity
> Sewerage System
> Rooftop Terraces
> Solar installation for energy efficiency
> Backup generator
SIZE & EXPECTED RENTAL INCOME
Studios – 258 sq. ft / 24 sqm
Projected Rental Income:
Studios: Ksh 16,000 – 17,000/month
1 Bedroom – 505 sq. ft / 47 sqm
Projected Rental Income:
1 Bedroom: Ksh 27,000 – 30,000/month
This property offers excellent capital gain and an annual rental yield of over 9%. You can get a monthly rental income of 16,000-17,000 for Studios and 27,000-30,000 for the 1-Bedroom. The cash price for the Studios is 1,930,000 and 3,890,000 for 1-Bedrooms. The other option is to pay a 30% deposit and then clear the rest of the balance in 12-month installments