237 Garden City – Premier Affordable Housing Investment in Nairobi

  • Studio Ksh2,900,000
  • Ksh3,400,000/Premium Studio
Barclays, Garden City,, Thika Road, Ngumba, Kasarani sublocation, Kasarani location, Kasarani, Nairobi, 31224, Kenya
For Sale Affordable Housing Hot Offer
237 Garden City – Premier Affordable Housing Investment in Nairobi
Barclays, Garden City,, Thika Road, Ngumba, Kasarani sublocation, Kasarani location, Kasarani, Nairobi, 31224, Kenya
  • Studio Ksh2,900,000
  • Ksh3,400,000/Premium Studio

Description

🏢 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

  1. Sustainable Design
    • IFC EDGE certification reduces operational costs (energy, water)
    • Solar water heating, rainwater harvesting, LED lighting
  2. 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
  3. Security & Infrastructure
    • CCTV, biometric access, electric fencing
    • Borehole water backup, standby generator, underground tanks
  4. 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!

  • City Nairobi city
  • State/county Nairobi County
  • Area Garden City
  • Country Kenya

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