The Aviv
Invest in affordable Studio & 1 Bedroom Apartments with an expected competitive gross yield of above 9%.
The Aviv is new development along Getathuru Road near Kitisuru Shopping Centre. It is located on the front row in a highly populated area with high rental demand and in close proximity to all key services ensuring sustained tenancy. It consists of 84 units comprising of 66 well designed one-bedroom units and 18 Studio units for sale.
The construction started in May 2022 and the expected completion is in 16 months to August 2023.
Features & Amenities
- Ample Parking
- On-site Borehole and Underground Water Storage
- Roof Top Terraces
- Paved roads from Main road
- Internet and TV connectivity
- Security: Guards and CCTV
- In-house Laundry Room
- Lift/Elevator
- In-house Management Office
The Apartments
Studio
* SOLD OUT
- Buying Price – From KES 1,800,000/-
- Expected Rent – KES 14,000/- pm / KES 168,000 pa
- Rental Yield – >9.3%
- Unit Size – 260SqFt
- Unit No.s – 18 Units
- No of levels – 6 Levels
One Bedroom
*FEW UNITS REMAINING
- Buying Price – From KES 3,200,000/-
- Expected Rent – KES 24,000/- pm / KES 288,000 pa
- Rental Yield – >9%
- Unit Size – 462 SqFt
- Unit No.s – 66 Units
- No of levels – 6 Levels
Payment Plan (in KES)
Studio | 1 Bedroom | |
---|---|---|
Buying Price | KES 1,800,000 | KES 3,200,000 |
Booking Fee (on execution of offer letter) | KES 600,000 | KES 1,100,000 |
Balance payable in 12 months up to December 2023 | KES 1,200,000 | KES 2,100,000 |
Monthly Payment | KES 100,000 | KES 175,000 |
Why Invest in The Aviv
Excellent Location
The Aviv is located along Getathuru Road less than 1 Km from Kitisuru Shopping Centre, a highly populated area with high rental demand and in close proximity to all key services ensuring sustained tenancy.
Excellent Quality
The Aviv is a differentiated high quality product compared to the stock in the wider area making it highly competitive in the rental market hence guarantees sustainable occupancy.
Property Management
Our wholly owned subsidiary, will manage the units post construction giving you peace of mind as your money works for you.
Attractive Returns
The Aviv is an investment product that offers a competitive gross yield of >9%.
Payment Plan
We offer a Flexible payment plan of 12 months
Project Update Mar 2023
Start Date
The Aviv was launched in May 2022 and with a projected completion date being August 2023
Current Progress
We are on track with the construction program, having completed the 6th floor walling and and are now preparing to cast the rooftop slab next week.
We are also progressing well with fabrication and plastering and have completed upto 3rd floor with 4th/5th floor.
Show House
The show house will be available for viewing in March 2023
Do you have a question about The Aviv?
Call: 0731 431 769 | 0740 570 117
Email: theaviv@rever.co.ke
You can also send us a message via the contact form below and we shall get back to you as soon as possible.