10.59 ACRES OF PRIME LIGHT INDUSTRIAL PROPERTY WITH A STONE PERIMETER WALL FOR SALE BY PUBLIC AUCTION SITUATED WITHIN ATHI RIVER AREA, MACHAKOS COUNTY

TITLE NO. L.R. NO. 1338/8 (I.R. 163014) F/R NO. 168/101 ATHI RIVER, MACHAKOS COUNTY.

SITUATION: The property is situated along Wuyi Road approximately 2.1 kms off the Mombasa Road (A2 – Formerly A109) and in the neighborhood of the Welding Alloys Limited, the Swan Carriers and the Greatwall Gardens Phases 1,2,3,4,5 &6 Estates in Athi River Area of Machakos County

AREA: The plot measures 4.288 Hectares or 10.597 Acres approximately.

TENURE: The property is held on Leasehold Interest for a term of 999 years from 01/09/1925 at an annual revisable ground rent of Kes. 42,880/-. It has an unexpired lease term of 901 years.

IMPROVEMENTS: The property had partly been developed with a drum mix ASPHALT PLANT (60-90tph), a store block, ablution block, sentry room, power room, kitchen block and an incomplete store block.

SERVICES: Mains electricity (3-Phase) is connected to the property. Water is serviced from boreholes in the immediate neighbourhood. Drainage is to a pit latrine. The immediate access road is murram surfaced while Mombasa Road is tar surfaced