About Astra Bay – Astra Bay Apartments Lower Kabete Road | Affordable Studios & 1–2 Bedroom Near Westlands Nairobi

About Astra Bay

Own a High-Demand Investment Property in Nairobi

Astra Bay is a modern residential development located in Lower Kabete, Nairobi, designed to meet the growing demand for high-quality rental apartments near major employment and business centers.

With its strategic location close to Westlands, the UN diplomatic zone in Gigiri, and key universities, Astra

Bay offers investors the opportunity to benefit from strong rental demand, competitive rental yields, and long-term capital appreciation.

Starting from KES 1.9M, Astra Bay provides an accessible entry point into Nairobi’s fast-growing residential property market.

Why invest in Astra Bay

Prime location within Nairobi’s top rental corridor

▪ Strong, diversified tenant pool (UN, professionals, students)

▪ Competitive pricing vs Westlands alternatives

▪ Lifestyle amenities that drive rental premiums

▪ Attractive risk-adjusted returns

Prime Location

Lower Kabete is emerging as a prime residential zone due to its strategic connectivity and proximity to key

demand drivers:

10–15 minutes to Westlands CBD
Direct access to Gigiri (UN, embassies)
Near major institutions such as University of Nairobi, Kabete Campus
Access via Waiyaki Way and Red Hill Road

This location positions Astra Bay within a high-demand rental corridor, ensuring consistent tenant

absorption.

Convenient Driving Distance

9

Mins to Waiyaki Way

0

Mins to Two Rivers

0

Mins to Sarit Centre

0

Mins to CBD

0

Mins to JKIA

The Developer Behind Astra Bay

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Successful Development

0

Residential Units
Completed and under developement

0

Years of experience

Astra Bay is brought to you by Laureland Homes, one of Kenya’s most trusted real estate developers. With over 15 years of experience, a portfolio of 10+ successful developments, and more than 2,200 residential units delivered and under development, Laureland Homes has built a strong reputation for quality, timely delivery, and investor confidence.

When you invest in Astra Bay, you’re partnering with a developer known for delivering on promises and creating long-term value. Laureland Homes’ proven track record offers you the confidence and peace of mind every investor deserves.

Completed Projects

Ongoing Projects

Financial Returns

Unit Type	Price	Monthly Rent (KES)	Annual Rent (KES)	Estimated ROI (%)	Payback Period
Studio	1.96M - 2.36M	22,000 - 25,000	240,000 - 300,000	Up to 15.3%	6.5 Years
Superior Studio	2.48M - 2.87M	25,000 - 28,000	300,000 - 360,000	Up to 13.5%	7.4 Years
1 Bedroom	4.23M - 4.89M	38,000 - 42,000	456,000 - 504,000	Up to 11.9%	8.4 Years
2 Bedroom	6.37M - 7.08M	50,000 - 55,000	600,000 - 660,000	Up to 10.4%	9.6 Years

Payment Plan

Investment Process and Purchase Terms

Step-by-Step Process

▪ Signing of Offer Letter (within 7 days)

▪ Deposit Payment (typically 20%)

▪ Signing of Sales Agreement

▪ Structured installment payments during construction

▪ Final payment upon completion

▪ Handover and title processing

Estimated Project Timeline

▪ Construction Start: May 2027

▪ Completion Date: June 2027