17 Losai - Ngara Studio Apartments — Origin Point Property Consultants

Ngara Off-Plan Development - Now Selling!

Introducing an exceptional off-plan development located in the vibrant and rapidly growing area of Ngara. With construction having commenced in August 2024, this modern and strategically located project offers an incredible opportunity for both investors and homebuyers. The development is expected to be completed by September 2026, presenting a high potential for capital appreciation and rental returns. With current new builds in the are commanding rents of Kshs. 30,000-40,000/- for studio apartments the Sale Price offers a great entry point into the market.

Project Overview:

Total Units: 150 units spread across 14 floors
Floor Configuration: Each floor will feature 11 units, ensuring efficient use of space while maintaining a comfortable living environment
Unit Types Available:

Type 1: 22 sqm (currently available for sale)
Type 2: 26 sqm (not yet available)
Type 3: 29 sqm (not yet available)

The studio apartments are perfect for young professionals, students, and anyone seeking affordable, urban living spaces in a prime easily accessible location.

Development Features:

Basement Floor: Secure parking, ensuring convenient and safe parking for all residents.
Ground Floor: Features a welcoming reception area, convenience store, management office, and 6 apartments.
14th Floor: A dedicated rooftop for residents to enjoy a rooftop lounge, a designated clothes hanging area, and panoramic views of the city. It's an ideal space for relaxation and socializing.
Security Features: The development includes CCTV surveillance, manned security, and code access control to ensure the safety of residents.
High-Speed Lifts: Two high-speed lifts to provide efficient and quick movement between floors.
Firefighting & Disaster Management: Comprehensive firefighting systems and disaster management infrastructure in place to ensure residents' safety.
Backup Generator: A reliable backup generator that powers all common areas during power outages, maintaining comfort for residents.
Onsite Management Office: An onsite office to ensure the smooth running of the development and to address residents' needs promptly.

Location:

Located off Losai Road in Ngara, this development is easily accessible for people working in the CBD. With its strategic location, residents can quickly reach the heart of Nairobi for work, shopping, and leisure.
This property also provides a great alternative for visitors to the CBD, offering affordable and comfortable short-term accommodation for those looking to stay close to the city center without the high costs of hotels.

Pricing & Returns:

Starting Price: From Kshs. 2.95 Million, offering an affordable entry point for those looking to invest in a modern, city-center property.
Expected ROI: With a return on investment (ROI) of 11%, this development is set to deliver attractive returns for investors in the long term.
Rental Income Potential: Rental incomes in the area for newer units currently range between Kshs. 30,000 – Kshs. 40,000 per month, providing strong rental yields and ensuring your investment continues to perform.

Why Invest Here?

Prime Location: Ngara's ongoing development ensures this area will continue to grow in both popularity and value, making this an excellent long-term investment.
Affordable Entry: Starting from Kshs. 2.95 million, this development offers a cost-effective entry into the bustling Nairobi property market.
High Rental Yields: The high demand for rental units in the area, coupled with competitive pricing, ensures strong and consistent returns.
Attractive Amenities: The inclusion of modern amenities like a rooftop lounge, backup generator, CCTV security, and high-speed lifts makes this development a highly attractive and secure place to live.
Accessibility: The development is within easy reach of the CBD, making it convenient for working professionals, as well as those seeking short-term stays in Nairobi.