Living Room
Living Room
Bedroom
Kitchen
Bedroom 2
Ensuite Washroom
For SaleApartment

Magenche 2 Bedroom Apartment

Ongata Rongai – Magenche, Kenya

Asking Price

KES 6,000,000

2

Bedrooms

2

Bathrooms

68

Sq Metres

About this property

Own a modern and affordable 2-bedroom apartment in the growing residential hub of Ongata Rongai, designed for both comfortable living and long-term investment. This well-planned 86 sqm unit features a functional layout with a semi-closed kitchen, a bright living area, and a master ensuite bedroom — offering the perfect balance of space, privacy, and practicality. Set within a low-density gated community of only 20 units, the development provides a peaceful living environment while maintaining easy access to key amenities and transport links. With flexible ownership options including mortgage financing and rent-to-own plans, this property presents an excellent opportunity for first-time buyers and investors looking to secure value in a high-growth area.

Amenities

Low-density gated community (only 20 units)
Master bedroom ensuite
Secure compound
Modern finishes throughout
Semi-closed plan kitchen

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Part of Development

Magenche Residences

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Magenche 2 Bedroom Apartment

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Location
Magenche Residences · Ongata Rongai – Magenche

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DevelopmentMagenche Residences

Investment Performance

Financial Dashboard

Calculations account for the **10% Wande Management Fee** and estimated maintenance preserves.

Capital OutlayKES 6.00M
KES 5MKES 150M
Gross Rental Yield7.5%
4%15%
Management Fee10%
0%20%
Annual Growth8%
3%15%
Hold Period5Years
1 yr15 yrs

Projected Net ROI

78.2%

Total return inclusive of net rental income and capital appreciation over a 5-year horizon.

Net Monthly Rent

KES 31,250

After all fees

Year 5 Valuation

KES 8.82M

Est. Growth

Total Capital Gain

+KES 2.82M

Net Rental Yield

6.25%

Net Profit Breakdown

Rent: KES 1.88M
Growth: KES 2.82M

Total Net Return

KES 4.69M

Projections are estimates based on current Kenyan real estate market averages and are for illustrative purposes only. Actual returns may vary depending on market conditions, location, and property type.

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