Own a piece of Mowlem Heights with 9% Co-op Bank mortgage
Mowlem Heights is a stone’s throw away from Komarock estate and about 100 metres away from Saika
Co-operative Bank is offering affordable mortgage to its customers in a move aimed at making their dreams of owning rental apartments come true.
The lender is providing asset financing at the rate of 9 per cent to enable its customers buy houses at Mowlem Heights, which comprises of spacious, secure modern apartments, located between Kangundo Road and Mowlem Police Post in Nairobi’s Eastlands area.
“Real estate is one of the best investments you can make. Mowlem Heights are spacious, secure modern apartments with strong rental return opportunities as the area grows. Get a Co-op Bank mortgage at 9% when you buy one and grow your investment portfolio!” it said
Mowlem Heights is a 180-unit, two-bedroom housing project expected to pioneer modern high-rise residential buildings in the area between Kangundo Road and Mowlem Police Post.
Mowlem Heights is a stone’s throw away from Komarock estate and about 100 metres away from Saika.
The family-owned project, which sits on 2.1 acres, has had a transformative effect on the area by enhancing lifestyle and security, as well as attracting better infrastructure and social amenities.
They include ample parking, commercial centre, sentry unit (guard station), kindergarten, gym and perimeter fencing.
A one-bedroom apartment used to go for Ksh 4.5 million but now goes for a promotional price of Ksh 3.8 million with rental return put at Ksh 17,500.
A two-bedroom apartment, whose old price was Ksh 6 million, now has a promotional price of Ksh 5 million with a rental return of Ksh 27,500 while a three- bedroom, which used to cost Ksh 7.5 million has a promotional price of Ksh 6 million with a rental return of Ksh 32,500.
Co-op Bank provides some of the best home loans in the country with competitive interest rates making many customers to grow their investment options in real estate or escape the pain of paying rent.
