Nairobi County South C Muhoho Avenue Three Bedroom House 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 2: SALE ON FRIDAY 27TH JANUARY, 2017 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.
All that property known as LR. NO. 209/5293 MUHOHO AVENUE, SOUTH C AREA in the name of JAMAL OMAR MUBARAK. It is a leasehold interest for a term of 99 years w.e.f 1/04/1957 at an annual ground rent of Kshs. 400.00 and measures 0.0465Ha or 0.1148Acres.It is situated approximately 300 Meters off Mombasa road South C estate, Nairobi County and to the East of Kenya CID police Training Center at the junction of Muhoho Avenue and Mutuhi Avenue.
It is easily identified as Visionary Tuition Center. Developed thereon is a 3 bedroomed main house, a detached domestic servant quarter and two extensions used as a tutuion center. Access to the property is via a double leaf metal plate gate. Domestic staff quarters comprises 2no. rooms, boys washrooms,8no. external taps and 1no. external sink while classroom extension consist of 2no. classes on the ground floor and 3 no. classes on the 1st floor. Mains water ,electricity and sewer services are connected to the property.
CONDITIONS OF SALE
- 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. 2, Kshs. 500,000.00 for property No. 1 & 3, Kshs. 200,000.00 for property No. 4 and Kshs. 50,000.00 for property No. 5 & 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 60 days for properties No. 1, 2, 4, 5 & 6 and 30 days for Property No. 3 to the chargees.
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