Nairobi Langata Phenom Estate Four Bedroom Maisonette 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.
SALE ON WEDNESDAY 14TH DECEMBER, 2016 AS FROM 11: 00A.M IN OUR OFFICES AT CPF HOUSE 3RD FLOOR ALONG HAILESELASIE AVENUE NAIROBI.
All that property known as LR. NO. 209/20519 (I.R NO. 161200) HOUSE NO. 489 registered in the name of ISAAC MALIKA LUBANGA. It is a leasehold interest for a term of 99 years w.e.f 1/8/1996 at a reversible annual ground rent of Kshs. 4,300.00.It measures 0.0228Ha or 0.0563Acres and is known as house No. 489 in Phenom Estate. Phenom estate is situated along unnamed road approximately 1.5Km off Langata road, in Langata, Nairobi County. Developed thereon is a 4-bedroomed terraced maisonette and a servant quarter. Mains water, electricity and sewer services are connected to the property.
OTHER PROPERTIES AVAILABLE: 12,754.3 Acres parcel situated along the Indian Ocean about 5.5Km due South West of Kipini Township.
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 EACH property 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 to the chargees.
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