Many of my friends ask me why should they Buy, Rent, or live in an Apartment in Kileleshwa. Right In the heart of Kileleshwa, Lavington, is Othaya Rd and its suburbs. Though the neighborhood is yet to be well known, it is steadily growing in popularity due to its proximity to other major neighborhoods in Nairobi like Kilimani. Starting from the junction at Gitanga road are some exquisite residences where urban life blends with nature.
Here are 12 Reasons Why Buy, Rent, or Live in an Apartment in KIleleshwa OTHAYA, ROAD Nairobi
So first things first. Where is and How to get to Othaya Road?
To get to Othaya road from the CBD one will board a matatu route number 48B. The stage is Othaya Road stage. From JKIA, an Uber taxi will cost you about Ksh 900.
1. You can access great deals when Buy Rent or live in an Apartment in Kileleshwa on Othaya Road.
Kileleshwa is home to high-end but pocket-friendly residential and apartment rentals. There is a wide variety of properties ranging from residential, commercial, and redevelopment land. House-hunting homeowners have the following options
- Diamond Homes
- Silver Oak Residency
- Base apartment,
- White Oak residency
- Othaya Villas Complex
- Mac Gardens
- Exeter Pearl Apartments
- Tashana Apartments
- Let me help you Buy or Rent any of the above apartments
- Get an Amazing Deal When you Buy Any of the above Apartments
- Start Now
Table 1. Average prices to buy or Rent an apartment in Othaya road.
Apartment Type | Rent per month | Buying price |
|---|---|---|
1 bedroom | 5.5M | |
2 bedroom | 80K | 9.5M |
3 bedroom | 95K | 17M |
4 bedroom | 150K | 25M |
5 bedroom | 230K | 35M |
Are you looking, hunting or searching for a property?
Want to buy a ready or Off Plan Studio, 2 & 3 Bedroom On Othaya Road Kileleshwa?
I can help your find and get a great deal
Call or Book a Free Consultation with me today!
2. Amazing Social Amenities on Othaya Road
There are several shopping centers such as the Westfield mall, New day Business Center and the upcoming Covo Square.The location is also near the Valley Arcade Shopping Center and The Lavington Mall. https://www.instagram.com/lavingtonmall/?hl=en
3. You are steps away and Access to High-Quality Education
In addition, there are educational facilities near the neighborhood such as Light Academy, Kensington Kindergarten, and Little International Primary School. 5 minute drive from internationally recognized schools such as Riara School, Rusinga School, and the Cavina School.
4. Quality Health care is steps away in Othaya Road
The healthcare facilities you can access in the area include AAR Hospital, Gertrude’s Children Hospital, and the SDC Dental Clinic.
There are also various financial institutions within the neighborhood.
5. Lovely Recreational areas on Othaya Road
At Othaya road you are spoilt for choice. Every hour is a happy hour here. If you are considering a day/night out, Othaya road is the place. Options include: –
- 🌴The bar next door, Samakisamaki Restaurant for seafood lovers, Asmara Restaurant and Mondo Grills are just a few of your options.
5. Othaya is the Location for Amazing New Real Estate Projects
Othaya Road is a prime Kileleshwa area that has attracted top developers bringing to the area top new projects for Off Plan Studio, 2 & 3 Bedrooms On Othaya Road Kileleshwa. The new projects come with added luxury and amenities. This gives an impression for first-time buyers/investors. Let us examine a few of the projects
Nandwa residence
These are brand new, modern, tastefully done apartments. This is the price list for the property.
Type | Size(sqm) | Cash Price | Installment Price | Mortgage Price |
|---|---|---|---|---|
4 Br Penthouse +DSQ | 338 | 32 | 33 | 34 |
3 Br Penthouse + DSQ | 258 | 23 | 23.5 | 24 |
3 Br Penthouse | 250 | 22 | 22.5 | 23 |
3 Br + DSQ | 202 | 18 | 18.5 | 19 |
2 Br-B+DSQ | 133 | 11 | 11.5 | 12 |
2 Br | 125 | 10.5 | 11 | 11.5 |
1 Br-A | 75 | 6.5 | 7 | 7.5 |
1 Br-B | 50 | 5 | 5.5 | 6 |
Cash Payment | 20% deposit in 7 days, the balance shall be paid within 30 days | |||
Installment Payment | 20% deposit in 7 days, and 30% shall be paid within 6 months. A50% balance shall be paid on or before the completion day | |||
Mortgage Payment | 20% deposit in 7 days. The balance shall be financed and secured by financiers and professional undertakings after the completion day |
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Alkira residence 3-bedroom apartments
Alkira is an attractive project for families and investors that merges convenience and comfort. This is an upscale development. The 3 bedroom(ensuite plus DSQ) completion date is set for August 2023. The pricelist dropped below:
Type | Size(sqm) | Starting Price |
|---|---|---|
3 Br all Ensuite + DSQ | 175 | 20.5M |
3 Br all Ensuite | 161 | 19.5M |
3 Br Master Ensuite + DSQ | 150 | 18.5M |
3 Br Master Ensuite | 140 | 18M |
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Diamond Oak Residency
Elegantly designed to offer an ideal home setting, Diamond Oak is set to complement fine taste with a touch of simplicity and functionality. This twin-tower complex blends design and space. The property completion date is April 2024. The price list below shows why you should BUY an apartment off-plan at the Diamond Oak Residency. Flexible payment plans; All one-time cash buyers will receive a Kes 1,500,000 discount, payment by Mortgage attracts an extra Kes 1,000,000
Type | Size(sqm) | Starting Price |
|---|---|---|
3 Br | 207 | 21M |
4 Br | 257 | 24.5M |
5 Br Duplex Penthouse | 370+144 Terrace Area | 40M |
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BellaRose Apartment
The 3 bedroom all ensuite apartments + DSQ are ready units under 1 year. Each of the exquisite apartments features a spacious lounge with a dining area, a modern kitchen, and a large balcony – all uniquely crafted with high-quality finishes to cater to the discerning client.
the 3 Bedroom all ensuite + SQ starts from Kes 18,000,000
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Are you a Young Professional, Kenyan in the Diaspora, First Time Home Buyer, or Real Estate Investor looking to buy or invest in a Cheap, Low-Cost, and Affordable Apartment on Othaya Road? Want an amazing Apartment to invest in, live in, or rent out? Call/text me today! Isaac Nyingi | Liberty Lifestyle Homes (mylibertyhome.co.ke
Top Security
Kileleshwa remains one of the safest residential communities known. There are regular police patrols and gated communities aiding in security. Kileleshwa Police Station can be easily accessed.
Tranquility
Looking for a neighborhood that’s quiet and charming with natural green space? Othaya Road. Residents of Othaya Road enjoy walking the walkways with ‘Tranquilo’
Significant property value appreciation
Kenya Real Estate’s market has grown exponentially, evidenced by its contribution to GDP, from 13% in 2016 to 20% in 2022. The population of the Nairobi Suburbs is rapidly increasing. As a result, more apartment buildings are sprouting up along the skyline. As a result, the demand for this type of apartment living in the appropriate urban or city location is met.
Average Pricing & Rent in Kileleshwa. These price ranges are determined by the location(Kileleshwa), size, and amenities.
Type | Average Price (Ksh) | Rent/month (unfurnished) 55% occupancy | Rent/month (furnished) 80% Occupancy |
|---|---|---|---|
1 Br | 7M-10M | 40,000-60,000 | 120,000-150,000 |
2 Br | 10M-13M | 60,000-80,000 | 140,000-180,000 |
3Br | 15M-25M | 80,000-120,000 | 180,000-200,000 |
Let’s do some short calculations for the annual income from investing in a single-furnished 2-bedroom apartment in Othaya Road, Kileleshwa.
Yearly rental income(furnished) = 140,000 * 12months = Kes 1,680,000
Rental yield = 1,680,000/10,000,000 * 100 = 16.8%
3 years Capital appreciation(108%) = 10,000,000 * 108% = 10,800,000
10,800,000 * 108% = 11,664,000
11,664,000 * 108% = Kes 12,597,120
In conclusion, investing in an apartment in Kileleshwa is a profitable venture that will ensure a yearly increase in YOUR net worth through capital appreciation.
Visit and Book a Kileleshwa Vacation homes
The Holiday season is here. Light the menorah. Whether you are traveling into the country for the holiday, or you are a local, there are Stylish homes for you to consider in Kileleshwa. Are you looking for a temporary stay in Kileleshwa/Kilimani/Lavington? Reach me at Isaac Nyingi | Liberty Lifestyle Homes (mylibertyhome.co.ke)
The Average rates for the temporary stay homes in these locations are highlighted below:
Type | Rates/Night (Ksh) | Rates/Month (Ksh) |
|---|---|---|
1 Bedroom | 4,000 | 120,000 |
2 Bedroom | 6,000 | 170,000 |
3 Bedroom | 7,500 | 200,000 |
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Moreover, Kenya has hidden gems you should explore during this special season. (insert a link to the vacation blog) Liberty Lifestyle Homes and I personally wish you a holiday season full of warmth, love, and family.
Conclusion
In conclusion, I believe that Othaya Road Estates are the upcoming faces of Real Estate. Infrastructure developments including roads in the area are lifting property values significantly. The property buyers are also considering the appreciation of their property in the coming years to get a decent income from them.
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