Kiambu County Karai Residential Plot Auction
Under instructions from our principals, the chargees, in exercise of their statutory power of sale, we shall sell by Public Auction the under mentioned properties and all the improvements erected thereon.
PROPERTY NO 5. SALE ON WEDNESDAY 4TH APRIL, 2018 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.
All that property known as LR. NO. KARAI/GIKAMBURA/2366, GIKAMBURA AREA, KARAI LOCATION, KIAMBU COUNTY registered in the names of TERESIAH NUNGARI MUCHENE. It is a freehold interest measuring 0.10Ha and is situated about 1.8 Kms off and to the right of the Thogoto-Gikambura-Kamangu tarmac, approaching from Gikambura, deviating at Brilliant School and pre-school sign post, about 30 Meters Northwest of Kamuita Water project, Karai location, Kiambu County.
There are no structural improvements erected on the plot. Immediate access road is murram surfaced. Mains electricity and piped water services are available for connection from the neighborhood.
Conditions of sale.
- All interested bidders are requested to view the properties and verify the details for Themselves as the auctioneers or the chargees do not warrant these. 2. Interested bidders must deposit Kshs. 500,000.00 for Property No. 1, 6, 7 & 9, Kshs. 100,000.00 for Property No. 2, 4, 5 & 8 and Kshs. 50,000.00 for Property No. 3 in CASH OR BANKERS CHEQUE with the auctioneer before being allowed to bid. 3. Sale is subject to a reserve price, and the auctioneer reserves the right to reject any bid without giving any reasons for doing so. 4. Interested bidders are requested to view the properties between 10.00 am and 5.00pm and our office will assist the bidders to point out the properties subject to prior arrangement. 5. 25% of the purchase price must be paid to the auctioneer at the fall of the hammer and the balance to be paid in 60 days for Property No. 1, 2, 3, 6, 8 & 9, 30 days for Property No. 7 & 90 days for Property No. 4 & 5 to the chargees.
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