Nakuru County Njoro Ngecha Residential Property Auction

Nakuru County Njoro Ngecha Residential Property Auction

Under instructions received from the chargee’s advocates, we shall sell by public auction the under mentioned properties together with buildings and improvements erected therein.

PROPERTY NO 6: PRIME RESIDENTIAL PROPERTY IN NGECHA AREA, NAKURU COUNTY (WITH ESTIMATED MONTHLY RENTAL INCOME OF KSHS200,000)

ON TUESDAY THE 31ST DAY OF JANUARY 2017 AT 12.00 NOON OUTSIDE STANDARD CHARTERED BANK LTD, NAKURU TOWN

All that parcel of land known as TITLE NO. NJORO/NGATA BLOCK 3/312 (NGECHA) NGECHA AREA NORTH OF NJORO TOWN NAKURU MUNICIPALITY registered in the name of DAVID MATHERI NGUGI c/o P.O Box 586 Njoro. The subject property is in Ngecha Farm, Njoro division, Nakuru County. It measures approximately 1.63 hectares (4 acres) and is developed with a homestead with its main house and out building and several rental units.

Accommodation: (i) a two-bedroomed double storeyed main house with a small office (ii) Out buildings in the homestead: block 1: workers house, scrap metal store block 2 & 3: seven poultry chambers (iii) Rental Units: whose accommodation comprises:- block 1 (commercial & fronting main road): dairy shop, butchery, general shop, pool table room, barber shop Block 2: nine (9) single rooms, Block 3: six (6) single rooms, Block 4: Ten (10) single rooms, Block 5: nineteen (19) single rooms, Block 6: two (2) double rooms, Block 7: two (2) single rooms & two (2) double rooms units, Block 8: eleven (11) single rooms, Block 9: five (5) single rooms and four blocks of ablution blocks with the following accommodation:- Block 1: – two (2) bathrooms and two (2) pit chambers, Block 2: two (2) water closets-cum-bathrooms, Block 3: three (3) bathrooms & three (3) water closets Block 4: three (3) bathrooms, three (3) toilets &  masonry underground water tank (40,000 litres). The title is freehold interest and mains services are available. The parcel has a huge sub-divisional potential.

CONDITIONS OF SALE

(1). All intending purchasers are requested to view the property and verify the details as these are not warranted by the auctioneers. (2). A deposit of 25% must be paid in cash or banker’s cheque at the fall of the hammer. The balance will thereafter be payable within thirty (30) days to the chargee’s advocates. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 3, 4, 6 & 7. Please note that failure to pay the balance by the confirmed purchaser will result in forfeiture of all deposits paid (3). For all the aforementioned property, details of encumbrances including names addresses e.t.c. together with user and any other restrictions plus rates/rents payable will be made available on request at our offices. (4). Sale of the above property will be subject to reserve prices and land board consent if applicable. (5). Conditions of sale are available on request at our offices and viewing of property is possible during normal working hours by prior arrangements with ourselves. For hundreds of other properties, log on to www.garam.co.ke

FOR MORE AUCTION DETAILS CONTACT GARAM INVESTMENTS AUCTIONEERS HERE

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