Nairobi Ngara Muranga Road Commercial Building For Sale By Auction
Under instructions received from the CHARGEE, we shall sell by public auction the under mentioned property.
A PRIME COMMERCIAL BUILDING IN NGARA AREA NAIROBI. On THURSDAY 31ST MARCH 2016 at 11.00 am AT OUR OFFICES, SITUATED AT CARGEN HOUSE, 3RD FLOOR, SUITE 302, MOI AVENUE/HARAMBEE AVENUE JUNCTION NAIROBI. All That Parcels of Land Known as L.R NO. 209/5419[I.R NO. 17577] MURANGA ROAD, NGARA NAIROBI COUNTY, registered in the name of JOHN NJUGUNA NDUATI of P.O BOX 31199-00100 NAIROBI. The property is in Ngara area, approximately 3 kilometers North East of Nairobi City centre. It lies along Muranga road, about 200 and 100 meters East of the Kenya institute of Education[K.I.E] offices and pioneer international University respectively. It is adjacent to Bitha Plaza[to the north]. The plot measures 0.059 Ha 0r 0.1469 Acres or thereabouts. It is a commercial plot, rectangular in shape, with a near even gradient; boundaries are marked by a masonry stones, building lines and the access roads. Erected on the plot is an old double storey commercial/office block, an external ablution block and a small single storey office block. The rest of the plot is under a car yard that is paved with loose ballast chippings. Immediate access road is the tar surfaced muranga road and a minor earth access road/ loading lane to the rear. Water, electricity and sewer are connected from the mains. Other amenities and services are available in Nairobi County. The neighborhood is characterized by mix residential, commercial and institutional developments. The property is on lease hold tenure.
CONDITIONS OF SALE
- All interested buyers 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 form of banker`s cheque at the fall of the hammer. The balance will be payable within Ninety days to the chargees. 3. The conditions of sale may be obtained from our offices. 4. The sale of the properties is subject to a reserve price and Land Control Board where applicable