Nairobi Imara Daima Residential Property For Sale By Auction-20th April 2016
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.
PRIME RESIDENTIAL PROPERTY IN IMARA DAIMA ESTATE NAIROBI ON WEDNESDAY THE 20TH DAY OF APRIL 2016 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. NAIROBI/BLOCK 125/18 IMARA DAIMA ESTATE-EMBAKASI NAIROBI registered in the name of VERONICA EMILY MUTULI KIOKO & JOSEPH NDEGWA MUCHIRI c/o P.O Box 7329-00100 Nairobi. The property is situated within Imara Daima Estate Nairobi. The estate fall within the larger Embakasi neighbourhood off Mombasa Road in Nairobi County. It measures approximately 0.0153 of a hectare (0.04 of an acre) and is developed with a three-bedroomed bungalow. The title is leasehold interest for a term of 99 years w.e.f 01.03.1988 at a revisable annual ground rent of Kshs1,395 w.e.f 01.12.1995. Mains water and electricity services are connected while drainage is into sewer.
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 chequeat 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. 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.