Modern commercial building exterior in ThikaRepresentative image

Sale by Auctioneer

Commercial Property in Section 9 Thika Town

Thika, Kiambu

Status

Active

Guide price

KSh 265M

Market valuation

KSh 353.3M

Potential discount

25%

Auction date

TBA

Property type

commercial

Property details

Bedrooms

2

Land size acres

0.25

Land size sqm

999.57

Description

A commercial property in Section 9 Thika Town, Kiambu County, with value anchored in its trading position, plot size and improvement potential. The property is recorded at approximately 0.25 acres. The improvements are described as seven storey building (comprising 29 shops, 6 two bedroom unit, 64 one bedroom units and 26 bed sitters. Buyers should assess access, frontage, building condition and the permitted commercial use.

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Buyer checklist

  • Confirm the appointed party before paying a deposit.
  • Check title position and any legal notes.
  • Confirm reserve price, guide price, and deposit terms.
  • Ask whether viewing is available.
  • Review condition and occupancy status.
  • Confirm completion timelines and extra costs.

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Cheru is not the auctioneer and does not conduct auctions. Property details, auction terms, deposit requirements, reserve prices, viewing arrangements, and final sale conditions should be confirmed with the appointed auctioneer, lender, seller, advocate, receiver, or legal representative before bidding or making an offer.