Nairobi Runda Kigwaru Residential Property For Sale By 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 2: PRIME RESIDENTIAL PROPERTY (VACANT PLOT) IN KIGWARU ESTATE, RUNDA, NAIROBI ON TUESDAY THE 12TH DAY OF APRIL 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. 12672/128 (I.R NO. 91131). KIGWARU ESTATE, NAIROBI CITY COUNTY registered in the name of ALFETTA WARUIRU KOOME g/t SIGNATURE TOURS AND TRAVEL LIMITED c/o P.O Box 30309-00100 Nairobi. The property is in Kigwaru Estate of Runda, Nairobi City County. It is situated at the junction of Olive and Hibiscus Roads, about 1.4 kms from the Estate main entrance gate at the Northern By Pass (Ruaka-Kiambu Road Section). The subject property is about 1.6 kms northeast of the upcoming Two Rivers Development. It measures approximately 0.2025 hectares (0.5002 of an acre) and is undeveloped. The title is leasehold interest for a term of 99 years w.e.f 01.06.1981. Land rate account is in arrears of Kshs132,852 as at 02.12.2015. Mains electricity and piped water services are available for connection while drainage would be into a septic tank.
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 & Kshs 1million for property No. 2 & 4 . 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.