Athi River Greenpark Estate Three Bedroom House 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 4: PRIME RESIDENTIAL PROPERTY IN GREENPARK ESTATE, ATHI RIVER
ON TUESDAY THE 23RD DAY OF AUGUST 2016 AT 11.00 A.M AT 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
All that parcel of land known as L.R NO. 27409 UNIT NO. 016/A GREENPARK ESTATE ATHI RIVER MACHAKOS COUNTY registered in the name of URUGI INVESTMENTS LIMITED c/o P.O Box 48904-00100 Nairobi. The property is House No. 016A situated in Green Park Estate along Mombasa Road, about 2km metres from Kenya Meat Commission in Mavoko (Athi River) Municipality in Machakos County. It measures approximately 1425 sq.ft. The entire parcel is developed with maisonnetes, bungalows and villas. Our subject property bungalow No. 016A is developed with three bedrooms (master en suite) with a detached staff quarter. The mother title is leasehold for a term of 99 years w.e.f 01.05.2006 at a revisable annual rent of Kshs120,000. Mains water and electricity are connected while drainage is into a septic tank.
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 chequeat 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. 1, 4, 5, 6, 7 & 9. 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
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