Kisumu City Mountain View Estate Three Bedroom Maisonette Auction

Kisumu City Mountain View Estate Three 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 9: PRIME RESIDENTIAL PROPERTY IN MOUNTAIN VIEW ESTATE, KISUMU

ON THURSDAY THE 2ND DAY OF FEBRUARY 2017 AT 12.00 NOON AT CENTRAL SQUARE NEAR BARCLAYS BANKOF KENYA LTD, KISUMU CITY

All that parcel of land known as L.R NO. KISUMU/MUNICIPALITY BLOCK 4/711 MOUNTAIN VIEW ESTATE KISUMU COUNTY registered in the name of GEORGE ANYONA OKELLO c/o P.O Box 6656-40103 Kisumu. The property is identified as House No. 31 within Mountain View Estate located about 50 metres off the tarmac Nyerere road, Kisumu town, Kisumu County. Kisumu town CBD is approximately 2kms to the southwest of this property.

It measures approximately 0.012 of a hectare (0.0296 of an acre) and is developed with a semi-detached three-bedroomed (master en suite) maisonette with attached two-roomed staff quarters. The title is leasehold interest for a period of 50 years w.e.f 01.12.2011 at a revisable annual ground rent of Kshs780 from 01.08.2012. Annual rates payable is Kshs1,800 and Kshs2,150 was outstanding as at 03.08.2016. All main services are connected.

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 5million (by way of banker’s cheque) will be mandatory for property No. 1 & 6 & Kshs1million for property No. 11. 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 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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