Nairobi County Kileleshwa Vacant Residential 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 2: PRIME RESIDENTIAL PROPERTY (VACANT PLOT) OFF DIK DIK GARDENS ROAD KILELESHWA, NAIROBI
ON TUESDAY THE 24TH DAY OF JANUARY 2017 AT 11.00 A.M AT OUR OFFICES ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
All that parcel of land known as L.R NO. 209/11609/7 OFF DIK DIK GARDENS ROAD KILELESHWA, NAIROBI COUNTY registered in the name of ALBRIGHT HOLDINGS LIMITED c/o P.O Box 4536-00606 Nairobi g/t RAPID COMMUNICATIONS LIMITED c/o P.O Box 593-00606 Nairobi. The property is situated in Kileleshwa Estate approximately 500 metres northeast of Kenya High School. It measures approximately 0.1900 hectares (0.4695 acres) and is undeveloped. The title is leasehold interest for a term of 99 years w.e.f 01.10.1991 at a revisable annual rent of Kshs19,265. Mains electricity and Nairobi city Water service is available for connection while drainage would be the main sewer system.
NB: That bidders will be required to produce a bidding deposit of Kshs 5million 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 to the chargee’s advocates. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 1 & Kshs 5million for property No. 2. 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
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