Machakos Makutano Residential Property For Sale By Auction-25th April 2016
Under instructions from our principals, the chargees, in exercise of their statutory power of sale, we shall sell by Public Auction the under mentioned property and all the improvements erected thereon.
- SALE ON MONDAY 25TH APRIL, 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. ATHI RIVER/ATHI RIVER BLOCK 1/4129 in the name of PATRICK MUTINDA NYAMAI .Its free hold interest measuring 0.0437Ha or 0.108acres. The property is situated in Makutano (chumbi) township about 200 meters off Mombasa road deviating at opposite Engen Petrol Station and 50 meters to the South of Hekima Junior Academy within Makutano (Chumbi) residential areas in Mavoko Municipality, Machakos County. On it stands a foundation state for the proposed house constructed of mass concrete. Mains electricity and water services are available within the proximity for connection. Foul drainage is into a pit latrine while the access road is earth surfaced.
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. 300,000.00 for Property No. 1, Kshs. 500,000.00 for each Property in No. 3, Kshs. 1,000,000.00 for Property No. 2 and Kshs. 100,000.00 for Property No. 4 & 5 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 60 days for Property No. 4 & 5 and 30days for Property No. 1,2 & 3 to the charges