Nairobi County Nyari Estate Prime Vacant 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 1: PRIME RESIDENTIAL PROPERTY (VACANT PLOT) IN NYARI ESTATE, 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 TITLE NO. 12241/21, ROBINS DRIVE OFF EGRETS ROAD, NYARI ESTATE NAIROBI CITY COUNTY registered in the name of WARDY COMMUNICATION LIMITED c/o P.O Box 43248900100 Nairobi and/or c/o P.O Box 43249-00100 Nairobi. The subject property is situated along Robins Drive off Egrets Road in Nyari Estate. The property is approximately 580 metres off Red Hill Road. It measures approximately 0.2269 hectares (0.5607 of an acre) and is undeveloped. The plot is however ripe for residential development in line with the neighborhood. The title is leasehold interest for a term of 99 years w.e.f 01.05.1984 at an annual rent of a peppercorn (if demanded). Mains electricity and water are available for connection. Rates arrears amount to Kshs71,505 as at 04.10.2016.
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
FOR MORE AUCTION DETAILS CONTACT GARAM AUCTIONEERS KENYA HERE