Rongo Kamagambo Kabuoro Area Residential Property 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 5. SALE ON TUESDAY 31ST MAY, 2016 AS FROM 11:00A.M OUTSIDE RONGO POST OFFICE.
All that property known as LR. NO. KAMAGAMBO/KABUORO/1532 (ORIG. NO. 743) KABUORO AREA, MIGORI COUNTY registered in the name of JOHNSON ORIRI ADONGO G/T RAYMOND ODHIAMBO ORIRI. It is a freehold interest measuring 0.16Ha or 0.3953Acres and situated off Kisii-Migori road within Kabuoro area near CCF Children Orphanage. Developed thereon is a semi-permanent structure of four rooms. Mains water and electricity are available for connection. Immediate access road is earth surfaced.
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, 2, 3 & 4, Kshs. 200,000.00 for Property No. 8, Kshs. 100,000.00 for Property No. 5 and Kshs. 50,000.00 for Property No. 6 & 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 30 days for Property No. 1, 2, 3 & 4 and 60 days for the Property No. 5, 6, 7 & 8 to the chargees.