Terreno Apartments Riverside — Riverside, Nairobi

Terreno — Chiromo Road, Nairobi

Terreno is a signature 20-storey mixed-use development by Canaan Developers, situated on Chiromo Road between the CBD, Westlands, and Riverside Drive. Offering mini 1-bed, 1-bed, and 2-bed apartments from USD 48,000 (approx. Kes 6.2 million), Terreno sits in one of Nairobi's most undersupplied premium residential pockets, with strong demand from expats, NGOs, and corporates.

The Opportunity

Terreno offers the chance to own in a rare location between the CBD, Westlands, and Riverside, where limited residential development meets strong, consistent demand from expat, NGO, and corporate tenants. This isn't just a property — it's a strategic location play, positioned to benefit from lower vacancy risk, premium rental positioning, and strong resale demand.

Location Advantage

• Chiromo Road, near Westlands, Riverside Drive, and Waiyaki Way
• Expressway access — 3 min
• Westlands CBD — 10 min
• Walking distance to commercial hubs
• Central yet quiet, with green proximity to Arboretum

Project Overview

• 20-storey mixed-use development
• 248 units
• 7 levels of parking plus 20 residential floors
• Plot size: 0.5 acres
• Unit mix: Mini 1 Bed, 1 Bed, and 2 Bed apartments

Terreno Unit Types and Pricing

• 1BR Mini (40–60 sqm) — from USD 48,000 (approx. Kes 6,216,000)
• 1BR (48–65 sqm) — from USD 56,880 (approx. Kes 7,365,960)
• 1BR Plus (64 sqm) — from USD 75,840 (approx. Kes 9,821,280)
• 2BR (86–120 sqm) — from USD 103,200 (approx. Kes 13,364,400)
• 2BR Plus (102–153 sqm) — from USD 122,400 (approx. Kes 15,850,800)

Prices vary by floor level and view (City Skyline, Riverside Skyline, Westlands Skyline, or Arboretum). KES figures are approximate, based on an exchange rate of USD 1 = Kes 129.5, and should be reconfirmed at the point of enquiry. Full unit-by-unit pricing and current availability provided upon request.

Product Positioning

Terreno is designed as "luxury that performs," combining modern architecture with timeless appeal. Units feature floor-to-ceiling glazing and natural light, premium finishes, and functional layouts — appealing to expats, corporate tenants, and young professionals alike.

Lifestyle Amenities

• Reception
• Convenience store and café
• On-site management office
• Podium open terrace
• Sky garden on selected floor levels
• Fully equipped gym
• Rooftop residents' lounge
• Commercial sky lounge
• Rooftop restaurant and bar
• Rooftop garden and outdoor seating
• Heated swimming pool (15.7m x 5.2m)
• Poolside firepit

Target Market

Terreno is designed to attract a high-quality tenant pool, including UN and NGO professionals, corporate executives from Westlands and Upper Hill, and expats and consultants — tenants who typically bring stable income, longer stays, and higher willingness to pay.

Rental Income Potential

• Mini 1 Bed — USD 615 / Kes 79,643 unfurnished; USD 1,000 / Kes 129,500 furnished (monthly)
• 1 Bed — USD 730 / Kes 94,535 unfurnished; USD 1,230 / Kes 159,285 furnished (monthly)
• 2 Bed — USD 925 / Kes 119,788 unfurnished; USD 1,540 / Kes 199,430 furnished (monthly)
• 2 Bed Plus — USD 1,000 / Kes 129,500 unfurnished; USD 1,695 / Kes 219,503 furnished (monthly)

Investment Returns

• Rental yield — 7%–11% (unfurnished), 8%–13% (furnished)
• Annual rent growth — approximately 5%
• Capital appreciation — approximately 20% by completion

Why This Location Outperforms

Compared to Kilimani and Kileleshwa, Terreno's Chiromo location offers lower supply, higher-quality demand from expats, stronger rental stability, and higher appreciation potential — translating to less competition and stronger pricing power for owners.

Additional Schedule Costs (For Reference)

• Legal fees: 1% of purchase price + VAT
• VAT on legal fees: 16%
• Estimated stamp duty: 4% of purchase price, on transfer of title
• Disbursement and valuation costs: USD 347 / approx. Kes 45,000
• Cost of registration of corporation and bylaws, land rent register opening, sectional title costs, and deposits: charged at completion
• Service charge (6 months) and sinking fund: vary by unit type, payable at completion

Invest where Nairobi is moving, not where it has been. Secure your position at Terreno, Chiromo Road — book a site visit or request a payment plan with Ace Realtors today, as units are limited.

Estimate only. Actual mortgage terms depend on your lender and eligibility.