Machakos County Syokimau Two Bedroom Apartment 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 4: SALE ON FRIDAY 8TH JULY, 2016 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.
All that property known as TITLE. NO. APARTMENT NO. A B202 ERECTED ON LR. NO. 12175/45 (I.R NO. 125261 registered in the name of LINDA KERUBO KIMORI. It is a leasehold interest for a term of 99 years w.e.f 1/11/1983.The lease has 66years to expire. The entire plot measures 2.041Ha or 5.04Acres and is located along Beijing Road about 550M off Mombasa Road and next to Suvida Godowns in Syokimau area,Machakos County. It is known as Great Wall apartments. Developed thereon are 11 blocks of apartments namely A,B,C,D,E,F,G,H,I,J and K consisting of a total number of 528 two(2) bedroom apartments,16 shops and one school with 16 classrooms. The subject unit is apartment no. 202 situated on the second floor of block A wing B. Mains water, electricity and drainage are connected to the property. Water and electricity supply are supplemented by a borehole on site and a backup generator respectively. Immediate access road is paved with cabro concrete blocks. Each unit is allocated a parking space.
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. 1 , 3 & 5, Kshs. 500,000.00 for Property No. 2 and 4 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 30 days for Property No. 1, 2 & 3 & 60 days for Property No. 3 & 4 to the chargees.
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