Nairobi Tassia Estate Double Storey Apartments Flats Block 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.
PROPERTY NO 3: SALE ON TUESDAY 12TH JULY, 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. NAIROBI/BLOCK 97/1827 registered in the name of PHANUEL OKWENGU SILVANO. It is a leasehold interest for a term of 99 years w.e.f 1/4/1980 at an annual ground rent of Kshs. 300 and measures 0.048Ha or 0.1186Acres.The property is located about 1.2Km off the outering road onto fedha road in Tassia Estate just behind Fedha Estate approximately 500 meters along Church road. Developed thereon is a double storied block of flats comprising six(6) two bedroom units. All mains are connected to the property.
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. 300,000.00 for Property No. 1, Kshs. 500,000 for Property No. 2, Kshs. 1,000,000 for Property No. 3 & 5 and Kshs. 50,000.00 for Property No. 4 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 30 days for Property No. 4 & 5, 60 days for the Property No. 2 & 3 and 90 days for property No. to the chargees.
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