As construction works that started two years ago continue, One-10 Apartments, which will be the crown jewel of upscale residential accommodation in Kampala is fast selling out.
Located on Prince Charles Drive in Kololo, Uganda’s most sought after residential area, the Ruparelia Group Development has 156 units with options of one, two, three or four bedrooms.
The developers say only one one-bedroom apartment is left as the rest have been sold out. Only one individual interested in an exotic accommodation address or real estate business can snap up the remaining unit as other people will settle for the bigger apartments.
An artistic impression of how the development will look upon completion.
Recently redeveloped into a 17 storeyed structure, these apartments were initially named One-10 to reflect the number of apartments in the building. With the expansion of the apartment complex, the “One” in the building’s name has come to symbolise your number One choice of sanctuary-style accommodation in a league of its own. While the “Ten” represents the top 10 luxury home qualities that without doubt believe this unique and complex retains.
In 2018, the Ruparelia Group which had previously been invested in the build-to-let business and still owns and runs about 300 properties in Kampala, launched its build-to-sell division to create opportunities for both Ugandan and foreign investors alike to leverage the Group’s economies of scale and expertise to affordably own world-class and high-value property in the finest locations in Kampala.
The Group has so far delivered Tagore Living (28 apartments) and Bukoto Living (28 apartments) to the market. With 156 units, One-10 is not only the group’s biggest build-to-sell undertaking, but also the biggest project in the country.
Construction works are on-going.
One-10 Apartments is all about exclusivity, evoking the classic lifestyle with a modern, contemporary outlook, making it the perfect place to buy an apartment in Kampala.
The spacious apartments will have uninterrupted panoramic views of the city and have been specially designed for both comfort and modern living. The finishes have been carefully selected to be durable, aesthetically pleasing and suited for the city’s climate.
An artistic impression of the poolside.
A one-bedroom apartment is priced at $183,600 with an estimated annual return on rent of $30,000. A two-bedroom apartment is priced at $221,000 with an estimated rental return of $38,000 per annum. A three-bedroom apartment starts at $330,000 and can fetch you rental income of $43,200 per annum. For a four-bedroom apartment, you will part with $445,000 and if you let it out, you could fetch annual rental income of 57,600.
Some of the factors that make One-10 the ideal apartment to purchase include the location, plus amenities like back up power and water in case out outages. There will be a restaurant, bar and café on the ground floor, a luxurious swimming pool, adequate ground and basement parking space for residents and visitors, a canopy covered drop off point plus traffic control along the driveways.
To book, call 0757 711 329, 0702 711 162 or 0702 780 211.
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