14/12/2020
💥 Auction Alert 💥
FIVE STOREYED BLOCK OF APARTMENTS ALONG 1ST PARKLANDS AVENUE, NAIROBI WITH MONTHLY RENTAL INCOME OF KES 2.81 MILLIN (FURNISHED) AND KES 1.68 MILLION (UNFURNISHED)
The subject property is easily identifiable as Sun apartments, is situated along First Parklands Avenue Nairobi County. The entire plot measures 0.1483000 of a hectare (0.36640 of an acre) approximately.
The property is developed with a five storey block of apartments having a pent house with two wings, A and B. Ground floor has a common reception area, CCTV room, a restaurant, gym and parking lots. A ten person’s common lift is provided. Accommodation: Lower Ground Floor: parking bays, three (3No.) stores, CCTV room staircase/lift Lobby: Ground Floor: Restaurant with washrooms having two (2No.) cloakroom with WCs and vanity units, reception/management office, gym with washrooms having two (2No.) cloakroom with WCs and vanity units, lift/staircase lobby, external parking bays: first to fourth floors - these floors are similar with each floor having four (4No.) of two bedroom units, and two (2No.) of one bedroom units: fifth floor: a three bedroom pent house. Total for both blocks is sixteen (16No.) two bedroom units, eight (8No.) one bedroom units and a pent house (main building plinth area 36,000 sq.ft & gate house plinth area 258 sq.ft). The title is a leasehold interest for the remainder term of 50 years w.e.f 01.01.1998. Reminder term of the lease is 28 years. Total outstanding amount of payment of rates payable against the title was Kshs 46,412.00 as at 19.08.2020. Mains electricity and water are connected to the property. Drainage is into the main trunk sewer.
NB: That bidders’ will be required to produce a bidding deposit of Kshs 5 million by way of cash or bankers cheque before being allowed to bid.
AVAILABLE FOR SALE Guide Price: 256.5 million
Contact 0723 032305