Nairobi Embakasi Pipeline Estate Six Storey Commercial Cum Residential Property 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 1: SALE ON WEDNESDAY 22ND JUNE, 2016 AS FROM 11:00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILE SELASIE AVENUE NAIROBI.
All that property known as LR. NO. 27903/36 in the name of GEORGE ONER OGAL. It is a freehold interest measuring 0.0352Ha and located approximately 1.2Kilometers off Airport North Road at Catherine Ndereba Road turn off and deviating onto the right at Unique Estate and the immediate left after the road leading to Kenya Builders Industry. The property is identifiable as plot 2012 within Pipeline Estate, Embakasi, Nairobi County. Erected thereon is a six storey commercial cum residential block with a left, center and right wings. Accommodation consist of 1 no. front shop,5 no. single rooms, utility area with 2 no. bathroom & 1 no. WC Asian type on the left wing,3 no. single rooms on the center wing and front shop.5 no. single rooms, utility area on the right wing all on the first floor. On each of the 1st , 2nd, 3rd ,4th, & 5th floors are 6 single rooms, utility area on the left wing,6 single rooms on the center wing and 6 no. single rooms together with utility area on the right wing. All mains 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. 1 & 2 and Kshs. 500,000.00 for Property No. 3 and 4 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. 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 the Property No. 1 & 3 and 60 days for Property No. 2 & 4 to the chargees.
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