About this property
Offices for sale in a brand new office block within the Westlands CBD. This 21 storey office block consists of 7 floors for parking, 14 floors for offices (13th and 14th floors have a double-height and command awesome views of the city). The building has all major features/amenities that a modern office development would need i.e. 4 lifts, full backup power, common washrooms and kitchenettes, water and waste points for owners to fit their own washrooms and kitchenettes, fire detection and prevention system, etc.
- 10,958.89 sqft (full floor)
- 1824.34 sqft (2nd to 7th floor)
- 2240.9 sqft (2nd to 7th floor)
- 958.77 sqft (2nd to 7th floor)
- 2049.57 sqft (2nd to 7th floor)
- 1969.26 sqft (2nd to 7th floor)
Rent To Own Payment Plan Example
1000 sqft at the price of KES 12,500 + VAT = 14,500 per sqft
Price for 1000 sqft = KES 14.5m
Down payment of 25% = KES 3.7m
The balance 75% spread over 10 years interest-free, no rent escalation, no hidden charges.
Rent charged at KES 77.58 per sqft plus VAT = KES 90 per sqft inclusive of VAT
Therefore monthly rent for 1000 sqft = KES 90,000/-
Annual Rent = KES 1,080,000
After 10 years = Kshs 10,800,000/-
KES 10.8m added to the initial down payment of KES 3.7m adds up to KES 14.5m
- Price per sqft for the 13th & 14th floor is KES 14,000 + VAT due to the double-height ceiling.
- Parking @ KES 1.25m + VAT per bay also eligible for the rent-to-own plan.
- Cash buyers are eligible for a discount.
- Service charge @ approx KES 20 psf + VAT