Nairobi County Makadara Estate Residential Flats Auction

Nairobi County Makadara Estate Residential Flats 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 5: SALE ON WEDNESDAY 15TH JUNE, 2016 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.

All that property known as LR. NO. 209/4401/307 MAKADARA RESIDETIAL AREA, NAIROBI COUNTY in the name of GEORGE WASHINGTON M. OMONDI. It is a leasehold interest for the remainder of the term of 50 years w.e.f 1/4/ 1969.The residential plot extends to 0.0465Acres and located along Maendeleo road in the vicinity of Salvation Army. Developed thereon is a block of flats which is partly six storey and partly five storey. The boundaries are marked by the building lines and partly left open. Accommodation consist of a shop with a self contained unit comprising one room, cooking area and a shower room cum WC, two storage spaces used by Airtel and one self contained room with shower room cum WC on the ground floor; four identical units each comprising of sitting room, kitchen, shower room cum WC and bedroom on each floor from 1st to 4th floor; one bed roomed unit and storage space used by Airtel on the 5th floor. Mains electricity and water supplies are connected. Drainage is to council sewer.

CONDITIONS OF SALE

  1. 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 & 5, Kshs. 100,000.00 for Property No. 2 & 3, Kshs. 200,000.00. for Property No. 4 and 6 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 & 4, 60 days for the Property No. 2, 5 & 6 and 90 days for property No. 3 AND NOT 60 days as appearing in our earlier advertisement to the chargees.

FOR MORE INFORMATION CONTACT KEYSIAN AUCTIONEERS HERE

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