Overview
- Updated On:
- April 7, 2022
Description
“Invest in construction of temporary staff housing”
Prior to deciding what to do with your prime parcel of land in Nanyuki Royale 3, you too can be a landlord through investing in the construction of Labor Lines or what is called temporary staff houses.
Nanyuki Royale 3 is offering 1/8-acre land for only Ksh. 300,000 that allows you to construct 20 temporary housing units (Labor lines).
With guaranteed Tenancy from the workers in Green Dhalia Limited that currently has an approximate of 200 workers, you can invest Today and get a cumulative revenue of 2,520,000 in the next five years.
This prime land project is located 17km from Nanyuki Town and 2km off Nanyuki-Rumuruti road opposite Olpejeta gate B.
Nanyuki Royale 3 is situated next to Green Dahlia Limited – an agriculture and export company, that has approximately 200 casual employees. These casuals reside far and have to walk approximately 10km away from the farm.
The Wealthsmith Limited has gone ahead to ensure that you get a zero percent risk when you decide to invest in Nanyuki Royale 3 as follows.
- The Green Dahlia limited will provide a check-off system of payment that directly links the investor with the rent payments for each worker deducted from their salary.
- That Green Dahlia & The Wealthsmith Limited shall not engage in the business of constructing labor lines for its casual workers.
- That Green Dahlia shall guarantee tenants for a period of not less than 5 years from the date of the contract.
Why Nanyuki Royale 3
- Ready Title deeds.
- Guaranteed Tenancy from Green Dahlia Limited.
- Check-off payment system for the tenants.
- Accessibility located just 2km off Nanyuki-Rumuruti Road.
- Water and Electricity on site.
Labor lines concept projection
- Each 50 by 100(1/8) parcel of land allows for construction of 20 temporary houses.
- Each unit will house 2 tenants with the average rent is Ksh. 2,000 per tenant therefore summing up to Ksh. 4,000 per each housing unit.
- The total rent per month will be Ksh. 80,000
- Total rent per month for 1 plot is kes 80,000.
- The approximate cost of constructing the 20 housing units is Ksh.1.59 Million.
- Time taken to return the total cost is 2 YEARS!!
The financial projection in terms on return of your investment is highlighted in the table below.
RETURNS ON INVESTMENT- NANYUKI ROYALE 3 | |
Monthly rental income | 80,000
|
Yearly rental income (*12months) | 960,000 |
Less: Operating expenses (10%) | 96,000
|
Net rental income | 864,000 |
Cost of the plot | 300,000 |
Cost of constructing labor lines | 1,500,000 |
Total cost (Plot & labor lines) | 1,800,000 |
Cumulative revenue projections 5 years | |
Year 1 | 864,000 |
Year 2 | 1,728,000 |
Year 3 | 2,592,000 |
Year 4 | 3,456,000 |
Year 5 | 4,320,000 |
Net margins less initial cost of land and labor units | 2,520,000 |
We all understand that housing is essential to human flourishing and without stable shelter it all falls apart. That is why The Wealthsmith Limited is giving you this prime investment opportunity guaranteeing you double returns while the value of your land appreciates.
Nanyuki Royale 3 is offering flexible payment plans of up to 6 months.
NB: – “You can contract us to do the construction of labor lines or use your own contractors.”
Nanyuki Royale 3 Payment plan | ||
Price of plots | 300,000 | |
One off payment | 285,000 | Customer given 5% discount |
Payment plans | ||
Pay in 1 month | 300,000 | |
Pay in 3 months | 330,000 | |
Pay in 6 months | 360,000 |