Mombasa County Bamburi Seven Bedroom Residential House Auction

Mombasa County Bamburi Seven Bedroom Residential House 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 6: PRIME RESIDENTIAL PROPERTY IN BAMBURI (ADJACENT TO NAKUMATT), MOMBASA COUNTY

ON MONDAY THE 28TH DAY OF NOVEMBER 2016 AT 12.00 NOON AT THE OFFICES OF FIVE ELEVEN AUCTIONEERS SITUATED AT GATHECHA HOUSE, ROOM NO. 9, OFF MOI AVENUE, NEXT TO ELEPHANT TUSKS, MOMBASA CITY

All that parcel of land known as L.R NOS/ 6480, 6481, 6489 & 6490/ SECTION I/MAINLAND NORTH BAMBURI, MOMBASA COUNTY registered in the name of PETER THUO GATHURI AND NELLY NGONYO KAMAU g/t PETER THUO GATHURI c/o P.O Box 2806 Mombasa. The property is situated adjacent to Nakumatt Bamburi, approximately 100 meters off Felix Mandl Road Estate, within Bamburi area, approximately 8 kms from the City centre. Lakeview Estate is the immediate neighbourhoold. Parcel No. 6480 measures approximately 0.0455 hectares (0.111 acres), Parcel No. 6481 & 6489 each measures approximately 0.0450 hectares (0.111 acres) while Parcel No. 6490 measures approximately 0.0445 hectares (0.111 acres) and are jointly developed with a seven-bedroomed (five en suite) double storey residential house, with a lock-up garage & store. All the titles are held on freehold interests and mains water and electricity are connected while drainage is to a septic tank. Outstanding rates for parcels No. 6480 & 6490 amount to Kshs18,397 while for Parcels No. 6481 & 6489 amount to Kshs19,128 (for each plot) as at 09.09.2016

NB: That bidders will be required to produce a refundable bidding deposit of Kshs 1million by way of cash or bankers cheque before being allowed to bid.

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 (and ninety (90) days for property No. 9) to the chargee’s advocates. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 4, 5, 6, 8 & 13 and 5million for property No. 7 & 9. 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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