2. Situated an enjoyable eight minutes drive from Westlands, is one of Nairobi’s upcoming
family real estate developments for Kenya’s emerging middle class. Securely situated in
a eco-friendly, wooded environment that is a short 200 meters from Naivasha Road is
Liza Heights that offers luxurious living at affordable prices.
Liza Heights is a project of Storehouse Holdings Limited and the developer will be
constructing 60 apartment units - 30 two-bedroom with guest wing (121.3sqm) and 30
three-bedroom (118.2sqm). Our off-plan prices are below Kenya Shillings 10 million and
will likely remain so until the expansion of Naivasha Road begins. This is expected to
start in early 2016.
Home of Warm,Luxurious & Modern Living
3. Elizabeth or Liza for short was born in 1923 as the 3rd of 6 children and lived a life
filled with adventure and enterprise. She was married at the tender age of 18 to James
Kibera who was then 21 and together they had seven children. She loved her children
and poured this out as they grew and several are well known nationally in the sphere
of education and the creative arts. Together with her husband, they acquired 9 and ½
acres of land on which Liza Heights will stand.
She loved the land she tilled and ensured she was right on time to cultivate and plant
as seasons dictated. As a pastime, she enjoyed crocheting, sewing and embroidery.
Liza was a loyal church member and historical records of her faithful giving testify
about her values and strong faith in God. It is a privilege to honor this humble lady
with a development that speaks to what she stood for – quality, integrity, honesty,
enterprise, adventure, family, community and God.
BACK DOWN MEMORY LANE
WHY THE NAME LIZA HEIGHTS?
THE INVESTMENT
OPPORTUNITY
We believe Liza Heights is a great investment for numerous reasons. Key amongst these reasons is that the location has only
recently been discovered by real estate developers. In Westlands, property prices approximate almost $USD 5 million per acre
whereas in our Kinoo 87 location this still remains below $USD 0.5 million per acre despite the proximity to Westlands. However,
this will definitely change with the expansion of Naivasha Road into a six-lane superhighway and early investors will likely be smiling
all the way to the bank.
Dressed to meet with Queen Elizabeth II
- February 1952
4. Next, we are building to a specification
that is higher than the surrounding
real estate developments. This trend
was started by Roskin Developers
who built Fahari Gardens, a high-
class development directly adjacent
to our own. The first phase of this
development was sold out by the time
it was completed in April 2015 and
the second phase is 60% sold with
scheduled completion in March 2016.
5. Again, the family owns additional surrounding land parcels that
will also be developed to a high standard and in a structured
manner over the next 5-7 years resulting in even greater
property appreciation for those who make Liza Heights
purchase decisions now.
A key benefit of single family ownership is that the developers
share the same values and desire that (i) families who live in our
residential developments are happy (ii) early stage investors
make better superlative returns on their money (iii) our
neighbours experience an appreciation on their own property
values and sense of well-being as a result of our developments
(iv) our professional partners secure more work and enhance
their reputational excellence as a result of working with
Storehouse Holdings Limited.
Early investors in Fahari Gardens who bought off plan in Fahari
Gardens Phase1 have already experienced a Kenya Shillings 2+
million appreciation in their property values over a two-year
timeframe. The monthly rental return on a three-bedroom
115 sqm apartment is roughly Kenya Shillings 50,000. The
apartment valuation together with rental income is likely to rise
even further as our own project breaks ground.
Of interest to investors is that both Roskin and Storehouse
developers are from the same family and are committed to
creating a paradigm shift in the family living experience within
the Kinoo 87 location. Their next project will be a joint one that
will provide shopping, office and school amenities to residents
of Fahari Gardens, Liza Heights and the wider community.
6. • Master bedroom en-suite
• Two-bedroom with ensuit guest wing (without DSQ) with
plinth area of 121.3 sqm
• Three-bedroom with plinth area of 118.2 sqm
• Surface parking with 80 bays for residents and 20 bays for
visitor parking.
OUR PROJECT FEATURES AND AMENITIES
• Perimeter wall with electric fencing
• Gym
• Solar
• Access to borehole water
• Water treatment plant
• Guardhouse
• Central garbage collection point
• Generator for common areas
• Intercom facilities
• Well-manicured gardens
• Ample resident and visitor parking
There are two choices in apartment designs and both are very
generous in terms of space and amenities that offer both
comfort and relaxation. In both the three-bedroom and two-
bedroom with guest wing the master bedroom is en-suite and
the living spaces are designed to help create intimate quality
time for the family.
OUR APARTMENTS
OUR APARTMENTS
8. TERMS OF PAYMENT /
MORTGAGE FINANCING
Tomakeareservation,werequireaminimum20%downpayment
with the balance being paid as certain project milestones are
attained. This will be negotiated individually with investors
based on their preferences.
Additionally, we have negotiated mortgage financing with
Housing Finance and Kenya Commerical Bank for buyers who
desire to take up a mortgage.
ADVOCATES & COMMISSIONER
FOR OATHS - W&M ADVOCATES
Our legal representatives W&M Advocates will be handling
all the conveyancing work and investors can contact W&M
Advocates directly through www.wmlaw.co.ke or cell phone
0721 520 784.
Additionally, further enquiries can be made through Michael
Warui on 0722 789 347.
From the Google Maps photograph, you will be able to see the location of the development in relation to Westlands. As mentioned,
the location is excellent and a relaxed 8-minute drive from Westlands during off-peak traffic. Upon completion of Naivasha Road, it
is expected that there will be a rapid mass transit bus system in place that will make travel for residents even more convenient and
allow them to regularly use public transportation into Nairobi’s CBD should they so desire.
GEOGRAPHICAL
LOCATION
9. S T O R E H O U S E H O L D I N G S L I M I T E D
Brookside Park | Brookside Lane | off School Lane | Westlands.
P.O. Box 38499-00623 Nairobi, Kenya (254-2) 444 2481
+254 716 617 053 / +254 733 591 069 info@storehouse.co.ke
Home of Warm,Luxurious & Modern Living
