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 APARTMENT ON SALE: APARTMENT G6-2 OYSTER VILLAGE, DONHOLM NAIROBI
TITLE NO. APARTMENT G6-2 – ON PROPERTY TITLE NO. NAIROBI/BLOCK 82/9102 OYSTER VILLAGE, DONHOLM NAIROBI COUNTY.
- SITUATION: The subject property is situated 10 Kilometres to the East of Nairobi City Centre within Oyster Village Estate, Donholm. The property can be accessed via various roads from the Nairobi City Centre with the main link road being outer ring road. One route of access to the property from Nairobi City Centre is via Jogoo Road up to Donholm Roundabout, turn to the right to Outer Ring Road up to Total Stage, and turn to the left on to Donholm Road (Savannah Road) for approximately 1.5 Kilometers then turn right for approximately 260 meters. Turn Right onto Oyster Village apartment, the subject property is on the 6th Floor on the Left wing.
- AREA: The parent plot extends to 4.88Hectares or 12.0 Acres approximately as per the measurements made on the ground. APARTMENT G6-2: measures 860 Sqft or 80.00 SQM.
- TENURE: The title is a Leasehold Interest for the residue of the term of 99 years (Less Last 90 days) from 1st January, 1977 at an annual ground rent of Peppercorn. This is as per the copy of lease attached herewith. The unexpired lease term is 53 years which is considered secure for use as collateral.
- IMPROVEMENTS: THE MOTHER PLOT CONSISTS OF SEVERAL MAISONETTES AND 1NO. BLOCK OF FLATS WHERE SUBJECT FALLS. SUBJECT IS ON THE 6TH FLOOR LEFT WING.
- APARTMENT A2: THIS IS A TWO-BEDROOM (MASTER ENSUITE).
- SERVICES: Mains electricity, piped water and trunk sewer services are connected to the Property.
- The access roads are cabro paved. Public transport services are also available along Donholm Road, Outer Ring Road.