Naivasha Malewa Bay Estate Vacant Residential Plot Auction

Naivasha Malewa Bay Estate Vacant Residential Plot 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 8: PRIME RESIDENTIAL PROPERTY (VACANT PLOT) IN MALEWA BAY ESTATE, NAIVASHA, NAKURU COUNTY

ON TUESDAY THE 25TH DAY OF OCTOBER 2016 AT 12.00 NOON OUTSIDE STANDARD CHARTERED BANK, NAKURU TOWN

All that parcel of land known as TITLE NO. NAIVASHA/MARAIGUSHU BLOCK 20/172 MALEWA BAY ESTATE MOI NORTH LAKE ROAD NAIVASHA MUNICIPALITY NAKURU COUNTY registered in the name of FREDRICK GITHURA KARIUKI g/t BRAND EDGE LIMITED c/o P.O box 63398-00619 Nairobi. The property is situated along Lakeview Ridge off Suswa Avenue approximately 1km off Moi North Lake road approximately 11.5 kms off Nairobi-Nakuru highway within Malewa Bay Estate (a gated estate with security check ups) in Nakuru Municipality, Nakuru County. Greenpark Estate, Great Rift Valley Lodge and Malewa police post are in the neighbourhood. It measures approximately 0.4048 hectares (1.00003 acres) and is undeveloped. The title is leasehold interest for a term of 999 years w.e.f 01.05.2016 at a peppercorn rent. Mains electricity and piped water services are connected. A borehole is provided within the estate to supplement water supply. The estate roads are all weather loose stone clippings road while Moi North Lake road is newly tarmacked.

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 Kshs 1million (by way of banker’s cheque) will be mandatory for property No.1, 2, 3, 4, 6, 7,. 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 AUCTIONEERS KENYA HEREs

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