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PRIME RESIDENTIAL PROPERTY FOR SALE BY PUBLIC AUCTION SITUATED WITHIN SPRINGVILLE PARK ESTATE, SYOKIMAU – MACHAKOS COUNTY

Auction Date

October 23, 2024

Guide Price (KES)

10,000,000

Machakos

TITLE NO. L.R. NO. 12715/515 (I.R. NO. 164302) MAISONETTE 321 SPRINGVILLE PARK ESTATE, SYOKIMAU – MACHAKOS COUNTY.

SITUATION: The property is situated within Springville Park Estate approximately 1.2 kms off the Mombasa Road, turning off onto Kiungani Road. The property is in the neighbourhood of the Pentecost International Worship Church, Lifestyle Gardens Estate and Mbatha Gardens Court in Syokimau, Machakos County.

AREA: The mother parcel to the subject property (L.R. NO. 12715/515) extends to 2.023 hectares.

TENURE: The title is held on a leasehold interest from 1/11/1983 for a term of 99 years (less the last seven days thereof) at an annual land rent of peppercorn (if demanded). The lease term is 58 years approximately.

IMPROVEMENTS: Springville Park Estate is an estate that comprises 3-bedroom and 4-bedroom maisonettes.

MAISONETTE NO. 321: THIS IS A THREE-BEDROOM MASTER EN-SUITE MAISONETTE WITH A DSQ.

SERVICES: Mains electricity is connected to the subject property. Water is from a borehole drilled within the estate. Sewerage is to a septic for each unit. A 2,000L plastic water tank has been provided for water storage purposes.