Racecourse Gardens is an up market residential development coming up in Nairobi. The 436-unit living complex and the individual units are designed for the discerning home buyer but with affordability as a key consideration.
With so many residential developments coming up every day in Nairobi, home buyers and investors are spoilt for choice. But how does one settle on a property amid the vast array of options available? It all boils down to three key elements – location, design and price.
Location takes into account three considerations: the relative perception of a neighbourhood in terms of class, accessibility and proximity to essential services such as health, education, shopping and leisure. Design is about the general outer and inner appearance of the property. It has a lot to do with the fulfillment of personal tastes and basic minimum expectations of a buyer. And of course the price is all about affordability. Only when a potential homeowner or investors is satisfied on all these three accounts will he/she move to the next step in acquiring the property.
These considerations appear to have played a big part in the minds of the developer behind First Homes, Racecourse Gardens. The vast residential development located off Ngong Road in Nairobi offers a staggering 436 units in four configurations and will easily become one of the city’s hottest addresses. Ngong Road is considered a prime area in the capital and many young upwardly mobile people are increasingly looking for accommodation here. Racecourse Gardens is conveniently straddled between two major shopping centres –The Junction and Karen. All around are major schools and hospitals. And thanks to the Southern Bypass, Jomo Kenyatta International Airport will soon be only a 20-minute drive away.
The development comprises Studio Units, Standard One Bedroom Units, Deluxe One Bedroom Units and Two Bedroom Units. A Studio Unit occupies 26 square metres and consists of living area, kitchenette, sleeping area, bath/water closet and a balcony. A Standard One Bedroom apartment occupies 37 square meters and has a lounge, kitchenette, bedroom, bathroom and balcony. A Deluxe One Bedroom Unit is slightly larger at 40 square meters with similar facilities. The Two Bedroom apartment is much bigger occupying 72 square meters and featuring a living area, a kitchen, a regular bathroom, a master bedroom ensuite, a common bath/WC and a balcony.
Determined to create a unique, stress-free environment, the developers of First Homes Racecourse Gardens have incorporated landscaped gardens and water features using natural materials and bright colours. The development will be a standard setter when it comes to finishing and fittings.
The lighting and water management within the property has been designed using the latest in green technology.
There will be adequate parking with each residential unit allocated a bay. There is plenty of additional parking for visitors.
In terms of security, a perimeter masonry wall topped with an electric fence encircles the development. There will be a central gate manned 24 hours by a reputable security firm. CCTV will offer additional security on the property. The developer will also install Wi-Fi.
Other conveniences at Racecourse Gardens include a nursery school, supermarket, salon and barber shop, gymnasium and swimming pool.
As with most residential properties on the market today, homes at Racecourse Garden are on offer to both cash and mortgage buyers. And as one would expect, cash buyers will get a discount. Although prices start provisionally at Ksh 3.1m, buyers are advised to make their commitment earlier due to normal escalation in property prices.
The project kicked off in April 2014 and is expected to be complete by December this year.
Project Team
Client: Racecourse Gardens Limited (Pensinsula Development Company)
Architect: Adventis Inhouse Africa
Project Manager: Sterling Management
Quantity Surveyor: Getso Consultants
Civil & Structural Engineers: Apex System Consulting Group
Electrical & Mechanical Engineers: Norkun Intakes
Main Contractor: CITIC Enterprises
Road Contractor: OPCON Works
