Kilifi Mnanari Residential Property For Sale By Auction Off Old Ferry Road
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.
- SALE ON TUESDAY 12TH APRIL, 2016 AS FROM 11:00A.M OUTSIDE KILIFI POST OFFICE. All those properties known as LR. NO. KILIFI/GROUP V/530, 531, 532 & 533 registered in the names of CATHERINE NIMWANGA MTURI & FLORENCE NEEMA MTURI. They are leasehold interest for a term of 99 years w.e.f 24th November 2003 at a peppercorn rent and each measures 0.0444Ha or 0.1097Acres.They are situated at Mnarari area about 170 meters off the Kilifi Old Ferry road and about 0.5 Kilometers, South West of Kilifi Creek Bridge. The four plots are rectangular shaped and have a common barbed wire on reinforced concrete posts with a line hedge external boundary. There is a proposed estate comprising 3-semi-detached building blocks each with two semi detached three bed roomed bungalow sharing auxiliary facilities within a common compound. However, only the first block on the plot no. 533 is nearly complete while the rest are vacant. Mains electricity and water services are connected to the property. Drainage is into an individual septic tank for each unit.
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 the Property 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 offi ce 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 the Property to the chargees.