Kajiado Town Five Acres Undeveloped Land 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 11: PRIME RESIDENTIAL PROPERTY IN KAJIADO TOWN
ON TUESDAY THE 7TH DAY OF FEBRUARY 2017 AT 11.00 A.M AT OUR OFFICES ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
All that parcel of land known as L.R NO. KAJIADO/ILDMAT/406 KAJIADO COUNTY registered in the name of LN PROPERTY DEVELOPMENT CO. LTD c/o P.O Box 25207-00603 Nairobi. The property is situated about 1 km to the North West of Kajiado Town and approximately 1.7 kms from Namanga Road. It measures approximately 2.023 hectares (4.999 acres) and is undeveloped. The title is freehold interest and mains water and electricity are readily available for connection while drainage would be to septic tank/soak pit. The parcel has a HUGE subdivision 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 5million (by way of banker’s cheque) will be mandatory for property No. 1 & 6 & Kshs1million for property No. 11. 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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