RESIDENTIAL PROPERTY IN KAREN – NAIROBI COUNTY

PLOT: L.R. NO. 7793/87 (IR NO. 135171)
LOCATION: The subject property is situated approximately 300 meters off Banda Lane, it is in the general neighbourhood of The Banda School in Karen, Nairobi City County. The GPS co-ordinates are -1.368722,36.761250.
AREA: The mother parcel measures 0.2024Ha or 0.500 acres approximately.
TENURE: The subject property is held on leasehold interest for a term of 969 years w.e.f 1/01/1950 at an annual revisable ground rent of Kshs. 6,880 (revisable).
DEVELOPMENTS: Developed on the subject property is a three-bedroom bungalow with an adjoining staff quarter, a store and GCI sheets temporary structures.
DATE OF AUCTION: Wednesday, 22nd January 2025