KIambu County Riverside Estate Two Bedroom Maisonette 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 3: SALE ON FRIDAY 27TH JANUARY, 2017 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.
All that property known as TITLE NO. 18181/35 (I.R 94250) in the name of LEAH WAMBUI MBURU. It is a leasehold interest for a term of 99 years w.e.f 1/7/1999 at an annual ground rent of Kshs. 1,435.00(reversible).It is situated in Riverside Estate, Kiambu County about 50 Meters off to the left of Nairobi-Kiambu road deviating before reaching former Red Nova Hotel.
The property measures 0.0299Ha or 0.0739Acres and is developed with a two bedroomed semi-detached maisonette. Immediate access road is cabro surfaced; piped water and mains electricity services are connected into the subject property. The property is known as House No. 25.
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. 1,000,000.00 for property No. 2, Kshs. 500,000.00 for property No. 1 & 3, Kshs. 200,000.00 for property No. 4 and Kshs. 50,000.00 for property No. 5 & 6 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 properties No. 1, 2, 4, 5 & 6 and 30 days for Property No. 3 to the chargees.
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