Centum Real Estate Is A Pan African Real Estate Developer

0
1255

By Arch Dr. D.K GITAU

The Diaspora Times have partnered with Centum Real Estate to enable those in the Diaspora to acquire properties in Kenya. Centum Real Estate is a reliable Reputable company.

Centum Real Estate (https://centumre.co.ke/)   is a Pan African real estate developer for master planned mixed use urban nodes. The current large scale urban projects include:

  1. The 102- acre Two Rivers Development in Nairobi- Gigiri.
  2. The 10,254 acre Vipingo development in Kilifi (coast)- Kenya
  3. The 389 acre Pearl Marina Estates in Garuga- Entebbe (Uganda)

We seek to create attractive urban sites and  provide commercial and residential impetus for investors to establish city shifting developments.

In the last two years, we have completed and handed keys to over 650 new homeowners in Kenya and Uganda. 

Our current portfolio include

A.The 102 Acres Two Rivers Master Plan (The Vision)

Given the constraint of well planned & developed space in Nairobi, the 102-acre Two Rivers development offers an opportunity to develop a new urban node with reliable & sustainable infrastructure. 

It is a Kenya Vision 2030 flagship project set on a prime master planned urban node.

The development integrates retail, entertainment and lifestyle centre, Grade A offices, 3-star hotel and residential offering. Phase 1 (A) of the development is now complete and home to Two Rivers Mall, the largest mall in Sub-Saharan Africa outside of South Africa, City lodge hotel, Victoria commercial bank and Riverbank apartments.

Phase 2 is now under development with projects Cascadia apartments, Mzizi and Loft residences under construction.

Current Residential Projects Within Two Rivers and Wider Nairobi Region Include:

1. 26 Mzizi Court- Two Rivers

26 Mzizi Court project is the first affordable housing project within the 102 acre-Two Rivers mixed      use development. It has been designed to offer a seamless combination of convenience with exceptional residential / investment value. Phase one of the project commenced in  March 2022, for a 24 month construction period till  March 2024. Phase one had 271 units, which are currently sold out., Phase 2 has been launched with prices starting from USD 54,000, with target completion of December 2024.

Unit TypeSize (sq.m)Size (sq.ft)Instalment Unit Price(USD)Mortgage Price(USD)Estimated Rent on Completion (KES), P.M
1 BR       48           517   54,000 58,000 45,000
2 BR73           785   83,000      89,00060,000

2.    265 Elmer One (Kasarani)

265 Elmer One project is located in Kasarani (next to Stardom Hotel and Haco Industries). The project commenced in  August 2021 for a Two (2) year construction period till  August 2023. It comprises of Studios, 1 bed, 1 bed loft, and 2 bedroom apartments. The project size is 284 units, out of which 153 have bee sold, as of July 2022.

  1. An aerial view render of the project

The pricing is as below:

Unit TypologySize(sq.mtr)Size(sq.ft)Installment priceMortgage PriceEstimated Rent p.m. (KES)
Studio212262,500,0002,700,00016,000
1 bedroom454844,950,0005,2500,0025,000
1-bedroom loft454845,300,0005,600,00027,000
2 bedrooms606466,600,0007,000,00035,000

2.    Riverbank Apartments “Move In Ready” -Two Rivers

Riverbank Apartments project is located within the 102 acre-Two Rivers mixed use development. The project is complete and ready for occupation. We have 84 houses, out which 63 have already been sold and 31 occupied by tenants so far.

It comprises 1 bed, 2 bed and 3 bed + dsq apartments, ready for sale and rent. An Actual Image of the Completed Riverbank Tower

Diaspora Times have partnered with Real Estate to enable those in the Diaspora to acquire properties in Kenya. Centum Real Estate is a reliable Reputable company.

Share With

LEAVE A REPLY

Please enter your comment!
Please enter your name here