EDENVILLE 2 EdenVille Two is part of the greater EdenVille community, a gated development in a leafy part of Kiambu road, offering pristine accommodation within high level living circumstances. At EdenVille, affordability blends with lifestyle to create a tranquil setting amidst nature in this up and coming location. Located within minutes of Nairobi's Muthaiga roundabout, EdenVille is a premier community development, merging affordability with lifestyle, to create a range of accommodation including the soon-completing first phase of 345 villas, maisonettes in the second phase and planned budget apartments designed to suit every lifestyle. These create variety and diversity yet are unified by a unique spatial layoutaugmented by a spectacular landscape style. EdenVille draws from the African culture of society living creating communities where architectural flair is tempered with a keen eye for the environment to create an atmosphere basking in natural greenery. When finished, EdenVille will provide an elegant lifestyle for its dwellers complete with spacious recreational areas, playgrounds, community centres, shops & office space. THE MASTERPLAN EdenVille is being constructed in phases as part of a wholesome design geared towards offering a comprehensive lifestyle for itsdwellers. Villa Living The recently completed first phase of this masterpiece development comprises 345 villas set on a lush 70 acres in courts of between 10 and 29 houses each while EdenVille two comprises 157 sizeable villes. The villas offer a range of living styles accommodating the lifestyle of upcoming families with each villa on 1/8th acre enjoying individual privacy yet with access to shared facilities. EdenVille One successfully sold out in 10 months with price appreciation of 20% in the first year of launch and 80% in 4 years. The Ivy Villas are ideal for larger families with greater space requirements. The bigger and well connected rooms allow for family interactions as well as private moments. • 4 bed Villa measuring 2,465 sq.ft. • Approximate plot size: 90ft x 30ft • Covered entrance porch • Four bedrooms (master ensuite) • Lounge with fireplace cum dining • Covered garden terrace • Upper family room • Spacious kitchen • Service yard • Guest cloakroom • Private garden • Car park for 2 Maisonette Living EdenVille Two partially comprises cosy maisonettes, offering semi-detached accommodation of three and four bedrooms each with private gardens, set in smaller courts creating interactive niches within the greater setting. Residents at EdenVille Two will have access to great value accommodation delivering an elegant lifestyle that benefits from a strong sense of communal living. EdenVille Two is accessed through grand entrance gates opening to a tree-canopied streetscape that leads to a myriad of courts making up this development. Set on a total of 42 acres, EdenVille Two consists of 454 maisonettes in small communities that benefit from EdenVille's greater ambience. Perfect for young executives and upcoming families, EdenVille maisonettes range from 2 bedrooms to 4 bedrooms on individual plots of approximately 90ft x 30ft each, offering sizeable gardens that create individual privacy. These residences exude an aura of style, comfort and sophistication that bask in a greater ambience of greenery and tree-lined avenues, perfect for strolling and cycling. The three maisonettes, Azalea, Magnolia & Wisteria are each unique in their own style and are designed to suit a variety of lifestyles, with a 2-bed entry home of 1,270 sq.ft. a 3-bed unit of 1,710 sq.ft. and a 4-bedhomeof 1,870 sq.ft. Magnolia Maisonettes A perfect home for family living, The Magnolia Maisonette provides larger accommodation in a serene setting with excellent space layouts. • 3 bed maisonette measuring 1,710 sq.ft. • Approximate plot size: 90ft x 30ft • Covered entrance porch • Three bedrooms (master ensuite) • Entertainment-sized living cum dining room • Covered garden terrace • Spacious kitchen • Service yard • Guest cloakroom • Lush private garden • SQ for 1 • Car park for 2 Price: 14.95m Payment terms: 30% down payment, Balance on completion Ideal for larger families, The Wisteria Maisonette is a residence that exudes comfort and excellent space connections creating a home that will meet the needs of all its occupants. • 4 bed maisonette measuring 1,870 sq.ft. • Approximate plot size: 90ft x 30ft • Covered entrance porch • Four bedrooms (master ensuite) • Expansive family lounge cum dining • Covered garden terrace • Spacious kitchen • Service yard • Guest cloakroom • Divinely private garden • SQ for 1 • Car park for 2 Price: 16.95m Payment terms:30% down payment, Balance on completion Apartment Living For the discerning investors and upcoming families, the third phase of EdenVille will be value apartments perfect for the small budget families. With keen attention to design allowing maximum space utility, EdenVille apartments will provide maximum comfort within a great offering in this new upcoming area on the periphery of Nairobi. Commercial and Recreation The final phase of EdenVille merges together the different phases through provision of supplementary facilities such as recreational park, community shops and some commercial and office space, designed to serve the external needs of the residents at EdenVille. Location EdenVille is located 8.5 kms from Muthaiga roundabout along Kiambu Road, in Kiambu municipality. While on Kiambu Road, pass Paradise Lost on the left and just before Kiambu Institute of Science & Technology (KIST), at the water tanks, turn onto Boma Road on the left. Boma Road is a murram road (which will be tarmaced as part of the development). Drive 1 kilometer along Boma Road and EdenVille One site starts on your right. EdenVille Two is adjacent to EdenVille One. Investor Potential The Kiambu vicinity has witnessed tremendous growth in recent years, this augmented by the success of EdenVille One. New developments, infrastructure development and networks, retail and commercial development have all served tomake Kiambu an ideal residence on the outskirts of Nairobi. EdenVille Two once again has appeal for both investors, occupiers and first-time home buyers. At low entry-level pricing in an area with strong growth potential, the maisonettes at EdenVille are bound to witness significant capital appreciation during construction and post-completion. Additional Information Location EdenVille is located 8.5 kms from Muthaiga roundabout along Kiambu Road, in Kiambu municipality. While on Kiambu Road, pass Paradise Lost on the left and just before Kiambu Institute of Science & Technology (KIST), at the water tanks, turn onto Boma Road on the left. Boma Road is a murram road (which will be tarmaced as part of the development). Drive 1 kilometer along Boma Road and EdenVille One site starts on your right. EdenVille Two is adjacent to EdenVille One. Maisonettes EdenVille Two comprises a total of 330 houses: Court A 45 houses – Wisteria (4-bed) Court B 43 houses – Magnolia (3-bed) Court C 51 houses – Wisteria (4-bed) Court D 34 houses – Magnolia (3-bed) Court E 22 houses – Ivy Villa Court F 22 houses – Ivy Villa Court G 19 houses – Ivy Villa Court H 26 houses – Ivy Villa Court J 22 houses – Ivy Villa Court K 20 houses – Ivy Villa Court L 26 houses – Ivy Villa Construction & Show House Construction is expected to commence around the first quarter of 2015 and a show house will be ready approx 6-8 months after construction has begun. Construction is expected to take 24 months. Design There is a main gate and gatehouse to EdenVille Two, this phase by boundary walling and electric fencing. The homes are set in smaller courts each with their own gate and peripheral boundary in 2.1m high chain link. Individual homes are set on 30ft x 90ft plots surrounded by chain link at the rear to create private gardens. Title The main title for the 42 acres is a freehold conveyance. Each of the courts will have a separate conveyance (main title) and purchasers will get a lease of their house for 99 years from 2010 together with a share in the management company owning the reversion of the court. Prices CASH PRICE MORTGAGE PRICE 3-bedroom maisonette Kshs. 14.95 million Kshs. 17,192,500 million 4-bedroom maisonette Kshs. 16.95 million Kshs. 19,492,500 million 4-bedroom villa Kshs. 24.95 million Kshs. 28,692,500 million Payment Terms Option 1: Cash On signing the reservation form: 20% Interim Payment: 40% On completion of construction: 40% Option 2: Mortgage On signing the reservation form: 10% On completion of construction: 90% Refunds in case of cancellation All amounts paid can be refunded in full if cancellation is before signing of the sale agreement. All such refunds should be requested in writing and shall be issued in the purchaser name(s) stated on the letter of offer regardless of the source of funds. Other costs* Stamp duty 4% of purchase price or government valuation (whichever is higher) Registration costs Kshs. 20,000 Service charge deposit Kshs. 30,000 Legal Fees 1.5% (approx) + VAT Disbursements Kshs. 7,000 Reversion Kshs. 6,000 Developer Paramount Chief Estates Limited Service Charge Approx. Kshs. 7,000 per month, covering security, gardening, common lighting and cleaning