Kilifi County Mariakani Maji Ya Chumvi Residential Property Auction

Kilifi County Mariakani Maji Ya Chumvi Residential Property 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 9: PRIME RESIDENTIAL/AGRICULTURAL PROPERTY (23 ACRES VACANT) IN MARIAKANI AREA- KILIFI COUNTY (FRONTING MOMBASA ROAD)

ON MONDAY THE 6TH DAY OF FEBRUARY 2017 AT 12.00 NOON AT THE OFFICES OF FIVE ELEVEN AUCTIONEERS SITUATED AT GATHECHA HOUSE, ROOM NO. 9, OFF MOI AVENUE, NEXT TO ELEPHANT TUSKS, MOMBASA CITY

All that parcel of land known as L.R NO. 29175/1 (CR 58529) MARIAKANI AREA-KILIFI COUNTY registered in the name of HENDON HOLDINGS LIMITED c/o P.O Box 85039-80100 Mombasa g/t KAAB INVESTMENTS LIMITED c/o P.O Box 84831-80100 Mombasa. The property is situated within Maji ya Chumvi area, Mariakani Kilifi County. It lies along and to the north of Mombasa road approximately 6km from Mariakani weigh bridge. It measures approximately 9.20 hectares (22.73 acres) and is undeveloped. The title is leasehold interest for the residue term of 99 years w.e.f 01.12.2010 at a revisable annual rent of Kshs311,060. Mains electricity and water services are available for connection while drainage would be to septic tanks. The parcel has a huge sub-division potential.

NB: That bidders will be required to produce a bidding deposit of Kshs 1million by way of cash or bankers cheque before being allowed to bid

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 10million (by way of banker’s cheque) will be mandatory for property No. 5, 6 & 7 and Kshs1million for property No.4,8,9 & 10. Please note that failure result in forfeiture of all deposits paid (3). For all the aforementioned property, to pay the balance by the confirmed purchaser will 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

FOR MORE AUCTION DETAILS CONTACT GARAM INVESTMENTS AUCTIONEERS KENYA HERE

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