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

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

☎️ Phone / WhatsApp: +254 763 568 989
📧 Email: info@mkaazirealestate.com

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!