INDUSTRIAL PROPERTIES FOR SALE BY PUBLIC AUCTION SITUATED WITHIN ALIZETI CRESENT, INDUSTRIAL AREA – NAIROBI COUNTY
Auction Date
October 23, 2024
Guide Price (KES)
0
TITLE NO. L.R. NOS. 12596/117 {I.R. NO. 140488} & 12596/118 {I.R. NO. 140486} – OFF ALIZETI CRESENT, INDUSTRIAL AREA, NAIROBI CITY COUNTY
SITUATION: These are two contiguous properties situated off Alizeti Crescent within Industrial Area – Nairobi City County. The properties are 500 meters south west of Gatoto Community Primary School, 700 metres east of MPC (Mukuru Promotion Centre) and 500 meters south east of NTSA.
AREA & TENURE: The titles are held vide Leasehold Interest as follows:
| L.R. NO. | AREA IN HECTARE | AREA IN ACRES | TERM (YEARS) | UNEXPIRED TERM APPROX. YEARS | GROUND RENT |
|---|---|---|---|---|---|
| L.R. NO. 12596/117 | 0.4030 | 0.9958 | 99 | 83 | 3,645.00 |
| L.R. NO. 12596/118 | 0.3076 | 0.7600 | 99 | 83 | 3,100.00 |
| TOTAL | 0.7106 | 1.7558 | - | - | 6,745.00 |
IMPROVEMENTS: ERECTED ON THE PROPERTIES IS AN INDUSTRIAL DEVELOPMENT COMPRISING OF EIGHT (8 NO.) INCOMPLETE GODOWNS/WAREHOUSES AND A SEVEN (7 NO) STOREY INCOMPLETE OFFICE BLOCK.
SERVICES: Mains electricity and piped water services are connected to the property. Drainage is into the main sewer. The immediate access road is murram surfaced while Alizeti Crescent approximately 50 meters away is tar surfaced. Other infrastructural services and amenities to support industrial use are available in the immediate neighbourhood and within neighbouring areas as well as Nairobi CBD.