Nairobi South B Estate Residential Property For Sale By Auction-12th April 2016
Under instructions from Mulondo Oundo, Muriuki & Co. Advocates, on behalf of their client, we shall sell the following property by public auction together with buildings and improvements erected thereon on:-
TUESDAY 12TH APRIL 2016, AT OUR OFFICES AT LEAKEY’S STORAGE LIMITED ALONG – LUNGA LUNGA, INDUSTRIAL AREA NAIROBI, STARTING AT 11.00 A. M. PRIME RESIDENTIAL PROPERTY FOR AUCTION LOCATED WITHIN RIVER BANK ESTATE – SOUTH B ESTATE, NAIROBI COUNTY
All that parcel of land known L. R. NO. NAIROBI/BLOCK 93 /1357, RIVER BANK ESTATE PHASE II, SOUTH ‘B’ ESTATE, NAIROBI CITY. The subject property is situated off and to the right of Aoko Road approaching from South B Shopping Centre. It is situated about 120 meters to the South East of All Nations Gospel Church South B. The plot measures Nought Decimal One Three Six Hectares (0.0136Ha) or thereabouts. Tenure of the title is Leasehold Interest and the registered proprietor is PATRICK MWANGI GITAU. IMPROVEMENTS: Erected on the subject plot is a SEMI-DETACHED THREE BEDROOMED MAISONETTE AND A SERVANT QUARTER. SERVICES: Mains electricity, piped water and sewer services are connected to the property. Immediate access road is hardcore laid.
CONDITIONS OF SALE
- All interested purchasers are requested to view the property and verify the details, as these are not warranted by the Auctioneer or our client. SALE WILL BE “ON – AS –IS – WHERE – IS – BASIS”. 2. Interested bidders are required to pay a refundable deposit of Kshs.100,000 in favour of LEAKEY’S AUCTIONEERS to obtain a bidding number and catalogue at the auctioneer’s offices, before the auction date.3. The declared purchaser MUST deposit 25% of the purchase price by bankers’ cheque by close of business of auction day. The balance will thereafter be payable within thirty (30) days to the Chargee’s Advocates. 4. The sale of the above property will be subject to a reserve price and necessary consents. 5. The auctioneer reserves the right to reject any bid without explanation. 6. Further details and conditions of sale are available on request at our offices and viewing of the property can be done during normal working hours by prior arrangements with ourselves.