Kiambu Ruiru Membley Estate Five Bedroom Maisonette 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 7. PRIME RESIDENTIAL PROPERTY IN MEMBLEY ESTATE, RUIRU- KIAMBU COUNTY (WITH ESTIMATED MONTHLY RENTAL INCOME OF KSH. 45,000)
ON TUESDAY THE 7TH DAY OF JUNE 2016 AT 11.00 A.M AT OUR OFFICES ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
All that parcel of land known as TITLE NO. RUIRU/RUIRU WEST BLOCK 3/135 MEMBLEY ESTATE, RUIRU- KIAMBU COUNTY registered in the name of CHARLES KINGSLEY GORI & PHILIS NYABOKE NYAKENANDA c/o P.O Box 45869-00100 Nairobi g/t KINGSLEY FLOWERS LIMITED c/o P.O Box 45869-00100 Nairobi. The property is located within Membley Estate along Membley Avenue approximately 1.5 kms from and to the west of Clay Works/Thika super highway. It is easily identified as house No. 2227 along Membley Avenue, Ruiru area, Kiambu County. It measures approximately 0.0297 of a hectare (0.0734 of an acre) and is developed with a five-bedroomed maisonette (master en suite), a shop and a chemist at the road frontage and a toilet set at the rear. The title is leasehold interest for the residue term of 99 years w.e.f 01.05.1997 at a revisable annual ground rent of Kshs120. Mains electricity and piped water services are connected to the property while drainage is to 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 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 Kshs1million (by way of banker’s cheque) will be mandatory for property No.1, 5, 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 MORE INFORMATION CONTACT GARAM INVESTMENTS AUCTIONEERS HERE