Malindi Kivulini Marafiki First Row Vacant Beach Plot Auction

Malindi Kivulini Marafiki First Row Vacant Beach Plot 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 11: PRIME FIRST ROW OCEAN FRONT (5 ACRE VACANT PLOT) PROPERTY IN MARAFIKI-KIVULINI AREA, MALINDI

ON MONDAY THE 19TH DAY OF DECEMBER 2016 AT 12.00 NOON OUTSIDE THE MAIN POST OFFICE IN MALINDI TOWN

All that parcel of land known as L.R NO. 13292 (ORIG. NO. 4417/10) MALINDI registered in the name of EZEKIEL MBURU GITHINJI t/a SWIFT ROYAL CONVEYORS c/o P.O Box 90269-80100 Mombasa. The property is situated in Marafiki-Kivulini area of Malindi. It borders Flamingo Villa Club to the North and approximately 500 m to the South of Sonko Family Resort (part of Marafiki Resort) off Casuarina-Mayungu Road and about 7km from Malindi town. It is also approximately 3km to the south-west of the Billionaire Club. It measures approximately 2.042 hectares (5.04 acres) and is undeveloped. The title is freehold interest and mains water and electricity are available for connection.

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 chequeat the fall of the hammer. The balance will thereafter be payable within thirty (30) days (and ninety (90) days for property No. 1) to the chargee’s advocates. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 5, 6, 9 & 11 and 5million for property No. 1. 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 HERE

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