Nairobi Lan’gata Phenom Estate Four Bedroom Maisonette Auction

Nairobi Lan’gata Phenom Estate Four Bedroom Maisonette 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 NO 6: PRIME RESIDENTIAL PROPERTY IN PHENOM ESTATE, LANG’ATA NAIROBI

ON TUESDAY THE 8TH DAY OF NOVEMBER 2016 AT 11.00 A.M AT AT OUR OFFICES LOCATED ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI

All that parcel of land known as L.R NO. 209/19995 HOUSE NO. 58 PHENOM ESTATE PHASE III, NAIROBI registered in the name of ALWALA CONSTRUCTION LIMITED c/o P.O Box 7499-30100 Eldoret. The property is situated in Phenom Estate Phase III, Lang’ata, Nairobi County. The house thereon is marked as House No. 58. It measures approximately 0.0204 hectares (0.05 acres) and is developed with a terraced four-bedroomed (master en suite) maisonette with an attached staff quarter. The title is leasehold interest for a term of 99 years w.e.f 01.08.1996 at a revisable annual ground rent of Kshs3,860. Mains water and electricity are connected while foul drainage is to main 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 cheque at the fall of the hammer. The balance will thereafter be payable within thirty (30) days to the chargee’s advocates & ninety (90) days for property No. 6. A bidding deposit of Kshs 1million (by way of banker’s cheque) will be mandatory for property No. 5 & 6. 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. For hundreds of other properties, log on to www.garam.co.ke

FOR MORE AUCTION DETAILS CONTACT GARAM INVESTMENTS AUCTIONEERS HERE

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