Nakuru Kihingo Residential Property For Sale By 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.
- SALE ON THURSDAY 7TH APRIL, 2016 AS FROM 11:00A.M OUTSIDE NAKURU POST OFFICE. All that property known as TITLE NO. RARE/TERET BLOCK 1/619 in the name of JANE WANJIKU MWAURA. It is a freehold interest measuring 1.158Ha and located in Kihingo area, Nakuru County about 300 meters off and to the right of Njoro-Mau-Narok tarmac road deviating opposite Larmudiai High School and on the road to Teret. The property is about 500 meters to the South West of Kihingo Trading Center. It is an agricultural parcel rectangular in shape with an even gradient and with black cotton soils.0.25Acres of the parcel is under homestead while the rest is used for subsistence farming. Erected on the homestead area is a 3-beedroomed bungalow, an ablution block, a temporary external kitchen/store and a shop. Immediate access road is murram surfaced joining the tar surfaced Njoro-Mau-Narok tarmac about 300 meters away. Mains electricity is connected to the property while water is available from a sunken well.
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. 1,000,000.00 for Property No. 1, Kshs. 300,000.00 for Property 2 & 6, Kshs. 100,000.00 for Property 3, 4 & 8, Kshs. 500,000.00 for Property No. 5, and Kshs. 200,000.00 for Property No. 7 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 60 days for the Property No. 6 & 8, 90 days for the Property No. 2, 3, 4 & 7and 30 days for Property No. 1 & 5 to the chargees.