🏢 237 Garden City – Premier Affordable Housing Investment in Nairobi
Exclusively Marketed by Mkaazi Real Estate Ltd
Location: Garden City Mixed‑Use Precinct, Thika Superhighway, Nairobi
Developer: Mi Vida Homes (Actis & Shapoorji Pallonji JV)
Certifications: IFC EDGE Green Building Standard
📍 Prime Location & Connectivity
- Address: Within the 47‑acre Garden City development, directly adjacent to Garden City Mall
- Access:
- 5 km off the Thika Superhighway (exit 9) – 20–30 min to Nairobi CBD, Westlands, Gigiri & Kasarani
- Shuttle bus links to Julius Nyerere Way and James Gichuru Road
- Surrounding Infrastructure:
- Carrefour & Nakumatt Supermarkets, IMAX Cinema, Waterpark, Restaurants
- Top schools (Garden City, Nova Pioneer), clinics (Medanta, Zavara), and banking hubs
- Immediate access to public green spaces, jogging trails, and community gardens
💡 Project Overview: Affordable, Sustainable & Scalable
237 Garden City delivers 640 thoughtfully designed units across four typologies—purpose‑built for urban affordability and strong investor returns:
Unit Type |
Size (sqm) |
Price (KES) |
Typical Rent (KSh/mo) |
Gross Yield (%) |
Standard Studio |
20 |
2,900,000 |
~18,000 |
~9.0 |
Premium Studio |
24 |
3,400,000 |
~20,000 |
~8.9 |
1‑Bedroom |
40 |
5,500,000 |
~31,000 |
~8.5 |
2‑Bedroom |
60 |
8,000,000 |
~45,000 |
~8.8 |
🏙 Key Amenities & Value Drivers
- Sustainable Design
- IFC EDGE certification reduces operational costs (energy, water)
- Solar water heating, rainwater harvesting, LED lighting
- Resident-Focused Facilities
- Three‑acre landscaped community park with jogging trails
- Swimming pools, co‑working lounge, indoor/outdoor gym, clubhouse
- Children’s play area, rooftop social terrace
- Security & Infrastructure
- CCTV, biometric access, electric fencing
- Borehole water backup, standby generator, underground tanks
- Mixed-Use Synergy
- On‑site retail, cafés, banking, entertainment drive captive tenancy
- Direct link to Garden City Mall with IMAX theater, waterpark, dining
- Integrated transport hub reduces vacancy risk
📈 Investment Rationale
- High Demand & Low Supply: Affordable segment under-supplied; occupancy consistently above 90%
- Competitive Yield & Growth:
- 8–9% rental returns outperforming Nairobi average (6–7%)
- Capital appreciation expected at 5–7% p.a., driven by Thika corridor growth
- Developer Credentials: Mi Vida Homes has delivered over 1,200 units; backed by Actis and Shapoorji Pallonji
- Liquidity & Exit: Easy resale via digital platforms (BuyRentKenya, Jumia House); frequent secondary buyer interest
- Incentives: Affordable housing relief under Kenyan law – VAT and stamp duty exemptions for first-time investors
🧮 Financial Models & Payment Flexibility
- Mortgage-Based Purchase: 90% financing via partner banks, 10% deposit
- Portfolio Services: SPV and syndication support for institutional investors; quarterly distributions possible
Custom IRR modeling and revenue projections provided on request.
📞 Schedule a Viewing or Request Investment Pack
Reach out now to secure prime affordable housing units in Nairobi’s high-yield corridor. Full investment documentation, financing options, and floor plans available.
Mkaazi Real Estate Ltd
Office Locations:
- Nairobi Affiliated Office: Suite A4, 51 Lenana Road, Nairobi 00100, Kenya
- Head Office: Lamu Road, Opposite Seaview Resort, Malindi, Kilifi 80200, Kenya
237 Garden City is positioned as the best-in-class affordable housing investment in Nairobi—combining accessible pricing, sustainable design, reliable rental income, and strong resale potential.
Book your investor consultation today!