Students looking for elegance and class in Nairobi after a real estate firm two storey hostels that would cost one Ksh 22,000 in rent per month.
The self-contained state-of-the-art hostels, which are located in Ruaraka and Jogoo Road, were constructed at a cost of Ksh 800 million by Qwetu Limited. They have a combined capacity of 734 rooms equipped with a fridge, a cooker, a bed, a microwave and a wardrobe.
In addition, the rooms are Wifi enabled and have free shuttle services to pick and drop students to and from school.
“Living with Qwetu isn’t just about buildings, it’s about safe, secure homes where you can study and socialise in comfort. Qwetu is an inspirational place for students to live and work. We ensure that you have everything you need to feel safe, calm and at home than any other student accommodation out there, said Iain White, the sales and marketing consultant.
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The buildings are also equipped with common social lounges with music, TV and games, open study rooms and roof terrace.
Security is secured with biometric access to the building and exclusive access to rooms with a keycard.
Moreover, the buildings also have a private on-site fully equipped Gym for its residents.
White says the model was borrowed from the United States, UK, South Africa and Australia.
The firm used debt financing from banks to build the hostels with plans to build about 40 more hostels in the country.
“We see a huge gap in the hostels’ sector; we are bringing this type of model in Nairobi to sort out the issues parents go through to find a suitable place for their children to study comfortably without fear,” White added.
“So far, the uptake has been good with about 400 students already in our two premises, since we launched in 2017. Students are from 26 institutions and 20 nationalities,” White added.
The firm has been existence since 2015 funded by some private equity companies and local banks.
– Original reporting by Kennedy Kangethe/Capital Business
