JOINT VENTURE PROJECT, NGONG ROAD BEHIND UCHUHI HYPER.

Joint Venture Project along Joseph Kangethe road, off Ngong Road, Nairobi.

2 bedrm units @ 110m2 each.kes 11m sale price.
Cost Item

Kshs

%

Land

55,000,000.00

34.47843531

Preliminary

400,000.00

0.250752257

Construction

77,000,000.00

48.26980943

External Works

3,850,000.00

2.413490471

Contingency

1,540,000.00

0.965396189

Professional fees

3,850,000.00

2.413490471

Project Management fees

770,000.00

0.482698094

Marketing

3,250,000.00

2.037362086

Financial Charges

13,860,000.00

8.688565697

Total

159,520,000.00

100

Financing Plan

Kshs

%

Developer

82,520,000.00

51.73019057

0.00

0

Debt Finance

77,000,000.00

48.26980943

Presales

22,000,000.00

13.79137412

Total

159,520,000.00

113.7913741

PROFIT
TOTAL SALES FOR 20 UNITS

220,000,000.00

TOTAL EXPENDITURE

159,520,000.00

NET PROFIT

60,480,000.00

% Profit Margin

37.91374122

Take home ammount.

115,480,000.00

Site location

[googlemaps https://maps.google.com/maps/ms?msa=0&msid=205617053586273466800.0004db187e1ef238fdabc&ie=UTF8&t=h&ll=-1.303876,36.787795&spn=0,0&output=embed&w=425&h=350]

Francis Gichuhi (692 Posts)

Architect Francis Gichuhi . B.Arch. University of Nairobi. Registered Architect, Kenya. Member, Architectural Association of Kenya. Contacts. email info@a4architect.com. Telephone +254721410684


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