Overview
- Updated On:
- July 10, 2024
Description
Thank you for taking the first step towards acquiring your home at Two Rivers which is competitively priced from a low of KES 4.95M to 13.12M
We pleased to inform you that phase 1B of the the development is now launched and selling at introductory pricing.
We invite you to own an excellently designed residential home for your use or rental, at phase 1B. The homes are located within a prime and sought-after master-planned development, designed to satisfy your family lifestyle, shopping, and leisure needs. The estate provides quiet pockets of green parks, beautifully landscaped outdoor spaces, and a wide range of outdoor facilities. This distinguishes the project and makes it a residential estate of choice for many Nairobi residents.
Additionally, the estate enjoys connectivity from the Northern bypass, Limuru Road and it is only 5 minutes away to the UN Compound, 15 minutes to Westlands and CBD, and 30 minutes to JKIA, thanks to the Redhill bypass, Nairobi expressway, and the ring road bypasses in Nairobi. These connectivity factors have made Two Rivers Development, and the development, a location of choice for residency.
Lifestyle Complementary at Two Rivers
By virtue of the development being located within the Two Rivers ecosystem, residents enjoy the following lifestyle complimentaries.
- Planned neighborhoods within the Two Rivers residential districts.
- Four (4) entrance/ exit points to Two Rivers development, Two (2) of which will be dedicated exclusively to Two Rivers residents for accessibility and mobility convenience.
- Walking distance to the Two Rivers retail mall, coffee venues, restaurants, entertainment spots (4Dx cinema, Ferris wheel, Water and theme parks, go-karting, in-house gaming and sports, and recreation parks with boat riding and fun fishing) as well as the upcoming world-class health facility within the Two Rivers precinct.
- Free and safe parking for residents and visitors all year through.
- 24/7 potable water from the already installed 2 million litres/day Two Rivers water treatment and recycling plant.
- Over 4.5 kilometres of jogging track and walking paths within the development.
- Uninterrupted power from the dedicated double-line in-house power substation, complemented by a 1.2mw solar farm and a 7.5MVA diesel power backup plant, all under the care of Two Rivers Power Co Ltd, which is licensed to produce and distribute power within the development.
- Free access to the upcoming Two Rivers residential sporting facility which will have a 7-aside soccer pitch, Tennis and basketball courts, and children’s play area.
Value Additions You Get:
- Arranged tenancy sourcing and subsidized property management services (for investors) for your unit by Centum Re.
- Fitness facility with a gym
- Well-manicured kid’s play areas
- A dedicated parking silo away from the estate to minimize noise and smoke pollution within the apartment blocks.
- A convenience retail section on the ground floor
Property Management – Enjoy Hustle Free Return on Your Investment.
Within our property management services, we provide comprehensive support, including:
- Tenant sourcing, screening, paperwork onboarding, and handling of third-party agents on your behalf.
- Rent collection and remittance.
- Property maintenance.
- Generation of rent collection reports.
Unit Sizes and Pricing
Phase 1 B
| Unit Type | Size (sq.m) | Size (sq. ft) | Instalment Unit Price (Kes) | Mortgage Price (Kes) |
| 1 Junior Bed | 35 | 377 | 4,950,000 | 5,600,000 |
| 1 Bedroom | 48 | 517 | 6,500,000 | 7,200,000 |
| 1 Bed LOFT | 55 | 592 | 8,150,000 | 8,850,000 |
| 2 Bedroom | 73 | 785 | 9,700,000 | 10,400,000 |
| 3 Bedroom | 101 | 1087 | 13,120,000 | 13,820,000 |
Payment Plan
| 10% on signing the offer letter |
| 10% on signing the agreement for the lease |
| 70% staggered monthly, quarterly, or semi-annually during construction |
| 10% on completion |
| Centum Re has partnered with ABSA, Stanbic, Stanchart, NCBA, KCB, I&M, United Women Sacco, Kimisitu Sacco, Safaricom Sacco, and UN Sacco to provide Mortgage Financing at competitive rates from as low as 9% p.a. |
Service Charges
| Typology | Service Charge (Kes) Per Month |
| 1 Junior BR | 2,600 |
| 1 BR | 3,200 |
| 1 BR Loft | 3,500 |
| 2 BR | 5,000 |
| 3 BR | 6,800 |
Project Timescale
Construction for phase 1B is scheduled to commence in June 2024 with a target completion date of December 2025.
Phase 1A is under construction and is scheduled for completion in December 2024.
Why You Should Own a Home at the Two Rivers International Finance and Innovation Centre (TR IFIC)/Green and Blue diplomatic zones.
Following the gazettement of Two Rivers as a private service-focused -special economic zone, the first one of the kinds in Kenya, there is no better time to own a home at Two Rivers than now.
With the expected increase of commercial office space uptake by international and local firms offering services, their staff will need convenient accommodation. This coupled with the diplomatic staff in Gigiri, this presents a huge opportunity for our homeowners looking forward to getting a double-digit rental return with high possibilities of earning it in hard currencies.
We encourage you to take advantage of this rare opportunity to be part of the TRIFIC.
Benefits from UNFPA’s strategic relocation to Nairobi.
Centum RE’s properties near the UN Gigiri offices stand to benefit from UNFPA’s strategic relocation decision, offering potential opportunities for collaboration, business growth, and alignment with global sustainability efforts.
It is expected that over 10,000 employees will relocate from UN New York to Nairobi by 2027, with the first batch of 2,000 expected to land in Nairobi by July 2025.
This relocation, coupled with the existing diplomatic staff from embassies in Gigiri (more than 20), the existing UN Workforce, and the numerous hundreds/thousands of staff expected to be working from the SEZ offices within Two Rivers are set to create a new level of demand for housing in the next 1-2 years, with a double-digit return on investment, unparalleled in other parts of Nairobi.
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