Duly instructed by our PRINCIPALS, THE CHARGEE AND THE CHARGEE’S ADVOCATES. Pursuant to the Statutory Provisions; under which seizure/repossessed* and sale is authorized: Under Section 96 of the Land Act, 2012, Section 90 (3) (e) and 96 (1) of the Land Act, 2012, Under Section 96 of the Land Act No. 6 of 2012 and in conformity with the Auctioneers Act & Rules more specifically Rules: 11, 15, 16, 17 and 18 of the said Auctioneers Rules – 1997 together with other applicable Laws of Kenya, your under-mentioned property together with all the improvements erected thereon, will be sold by public auction on:-
SUBJECT PROPERTY ON SALE: APARTMENT D3 ON BLOCK D – FIRST FLOOR
TITLE NO. APARTMENT D3 (I.R. NO. 144962) – ON L.R. NO. 330/368 – BLOCK D RIARA VALLEY GARDENS APARTMENTS – KILIMANI AREA – NAIROBI COUNTY.
SITUATION: The property easily identifiable as APARTMENT NO. D3, is located on the first floor of an apartment building known as BLOCK D within Riara Valley Gardens Apartments. Riara Valley Gardens is situated approximately 180 metres off Riara Road, 50 metres due West of Makini Schools, and 470 metres due Northwest of The Junction Mall within Kilimani Area of Nairobi County.
TENURE: The title is held on a leasehold interest for a term of 99 years with effect from 1st January 2012. The remaining term of the lease is 88 years approximately.
AREA: The subject apartments measures approximately 1,876 square feet.
REGISTERED OWNER: The property is registered in the name of WILLIAM OCHIENG’ OLILI.
IMPROVEMENTS: THE SUBJECT APARTMENT IS EASILY IDENTIFIABLE AS APARTMENT D3 ON THE FIRST FLOOR OF BLOCK D. THIS IS A FOUR BEDROOMED APARTMENT (ALL ENSUITE).
SERVICES: All mains services are connected to the property. Foul drainage is into the mains council sewer line. A swimming pool is provided for the residents. The entire court is paved with concrete (cabro) enclosed by a perimeter stonewall topped with electric strands and provided with round-the-clock security. Each apartment unit is provided with parking space for two cars.