Nairobi Karen Prime Double Storey Residential Property 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 4. PRIME RESIDENTIAL PROPERTY IN KAREN, NAIROBI ON TUESDAY THE 10TH DAY OF MAY 2016 AT 11.00 A.M AT OUR OFFICES LOCATED ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
All that parcel of land known as L.R NO. 12494/40 KAREN NAIROBI registered in the name of MIKE MUSHO AGENG’O c/o P.O Box 55232-00200 Nairobi and/or c/o P.O Box 30550-00100 Nairobi. The property is situated along Kuwinda Road in Kuwinda Area of Karen, about 1.3 kms off Langata Road, Nairobi. It lies near the Southern Bypass. It measures approximately 0.1655 of a hectare (0.4090 of an acre) and is developed with an incomplete four-bedroomed (all en suite) part single part double storey house with a detached three-bedroomed (all en suite) guest wing and staff quarters. The title is leasehold interest for a term of 99 years w.e.f 01.12.1978 at a revisable annual ground rent of Kshs2,370. Mains electricity and piped water services are connected
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 Kshs5million (by way of banker’s cheque) will be mandatory for property No.1 & Kshs1million for property Nos.3, 4 & 8. 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.