|Nairobi Metro Region Projects and construction in the Nairobi Metropolitan Region|
|March 5th, 2010, 01:39 PM||#1|
Join Date: Apr 2009
Likes (Received): 16
MOMBASA RD | Bellcrest Park | Complete
Bellcrest Park – At last, affordable luxury living
Mombasa road will never be the same again. At least not after the latest addition in property developments. A total of 910 units are set to change the landscape of the fast expanding prime property area with the unique design and style of the property. This is no doubt good news for the many Kenyans who make up the large housing deficit in the country and especially the millions of low income earners who have always yearned for affordable style and luxury.
Set in the now widely accessible Mombasa road, Bellcrest Park is something of a dream come true, for many who are looking for style and elegance within a small budget. And let’s face it, many Kenyans currently fall into this group.
“Kenyans are stylish and they love good things. But the challenge has been the inability to access the good things due to very high costs. An up-market apartment may appeal to many Kenyan’s but the cost factor often rules it out of their reach. So the developers decided it was time to bring luxury to the lower income bracket, and hence make it available to many who appreciate good living,” explains Executive Chairman of Mentor Holdings (the project managers), Daniel Ojijo.
The development amply located along Mombasa road is an enchanting and luxurious estate with excellent design features. It is tastefully targeted at the low income bracket in an effort to alleviate, the current housing deficit that has plagued the nation.
Currently, Kenya’s urban housing demand is estimated at over 150,000 units with an estimated annual average supply of only 35 000, while an estimated 300,000 housing units require to be improved annually in the rural areas. This spells a huge demand and therefore an enormous housing deficit.
With the large number of units that Bellcrest Park has embarked on providing to the low income bracket, a sizeable part of this deficit will be eased. And the hope is that more developments of this nature will continue to come up.
The development will go miles ahead to benefit the residents given the location, Mombasa Road whose expansion is ongoing. Soon to become a superhighway, it will act as both a prime living and business activity area. With the large number of companies and firms currently located and relocating to the area, including Bamburi Cement, East Africa Portland, shopping amenities like Tuskys Supermarket in Kitengela and key education institutions like Daystar university, it is set to be an ideal residential area for not just those who work around the area but also those who work elsewhere as the road network continues to rapidly transform.
Further the basic and social amenities that lie within a short radius area of the development allow the decision to make Bellcrest Park your home, rather effortless.
The property comprises of 910 two and three bedroom rather spacious apartments. The two bedroom apartments (plinth area approximately 81 sqm) come with a lounge and dining area opening to the balcony, a fitted kitchen opening to the yard, a common cloak room, a shower, WC (Water Closet) and WHB (Wash and Basin), inbuilt wardrobes in all the bedrooms.
The three bedroomed apartments (plinth area approximately 107 sqm), come with a lounge opening to the balcony, a separate dining area, a fitted kitchen opening to the yard, a common bathroom, three bedrooms master ensuite with a bath tub, WC and WHB, as well as in-built wardrobes in all bedrooms.
Other critical and outstanding features of the development include a shopping complex, a nursery school, a gym, a restaurant, a cyber café, a swimming pool, cabro paving, landscaped greenery, a borehole, court yards, boundary walls with an electric fence, DSTV and internet connection, a standby generator, etc.
Very worthy to note is the emphasis on energy saving and green building that the development has undertaken in the wake of a global surge in green awareness.
The apartments will have solar panels that will assist in minimizing both heating and lighting costs. The drainage systems are set to recycle water which will be used to ensure the greenery remains intact all year round despite different weather patterns. This makes the development ideal and suitable for growing children and families that value living around nature and vegetation.
Most importantly for many, the property is a gated community that comes with top notch security detail. In addition, its proximity to the highway, allows the convenient use of the public transport system, which again makes it key for its target market.
With an initial retail rate of KES 4.8 million and KES 5.8 million for the two and three bedroomed units respectively, low income earners can be assured of having the best in home living for so much less. The units are already in high demand, with ongoing sales already going through the roof, this is evidently a project that was long overdue.
For many low income earners, this development is an answer to their ongoing cries. Further, the developers have partnered with several financial institutions to ensure these Kenyans can easily access funding.
The developers have gone as far as looking around other properties in an effort to come up with not just the best in construction but also the best in finishing, you can get around the city for a property of the same value. Many properties intended for the low income earners around Nairobi, have been known to use very cheap and poor quality construction coupled with pitiable finishing. But not this time.
“The developers were keen to ensure that they go the extra mile in providing the best finishing, for a property of equal value around Nairobi. Investors, home owners and tenants alike will not just be content but also delighted they chose this property, as it will definitely yield returns,” adds Mr. Ojijo.
Developed by Winchester Homes, a leading developer in the high end property market, Bellcrest Park is a work of finesse. Alongside Bellcrest Park, the developers will also be unveiling Bellcrest Gardens in Kileleshwa and Bellcrest Court in South B.
With a project team that includes Villacare as the management and marketing firm, Mentor Group as the project managers and Mutiso Menezes International (MMI) as the architects, only the best was envisioned for this development from the start. Having previously engaged in only up market properties, the team realized how neglected the lower segment of properties was and felt obliged to give them something worthy by adding style to the housing development.
“It is indisputably a masterpiece in real estate that other developers can use as a benchmark in lower-end market property development,” concludes Mr. Ojijo.