Africa-Press – Kenya. The Kenya Union of Savings and Credit Co-operatives (KUSCCO) has announced a public auction of 50 properties spread across the country, with the exercise set to take place in three phases on June 5, 10, and 13 this year.
However, Kenyans.co.ke could not immediately confirm whether the auction was concerning the ongoing financial disputes at the body after a forensic report revealed widespread irregularities amounting to Ksh12 billion in financial losses within the national body.
Meanwhile, the auction will be conducted by Watts Auctions on behalf of KUSCCO, targeting buyers seeking residential, commercial, or undeveloped land in different counties.
Among the properties listed for auction are multi-storey buildings, maisonettes, bungalows, vacant plots, and commercial units.
These are located in prime and developing areas such as Nairobi, Kiambu, Kajiado, Machakos, Kisumu, Homabay, and Kiambu.
Notable among the listings is a multi-storey dwelling block in Kisumu behind the Community Life Church and a plot in Kisian.
In Kajiado County, several properties will be auctioned, including a 0.9884-acre plot in Kaputiei North, a bungalow, and several dwelling houses in Kitengela.
Machakos County will feature vacant plots in Joska and Sabaki, as well as houses and commercial buildings in various parts of the county.
Nairobi County listings include apartments within Kirichwa Gardens in Kileleshwa, an apartment in Nyayo estate, and a mansionette with a servant quarter in Eastlands.
Other properties include a three-storey dwelling block in Umoja and a dwelling house under construction in Ruiru, Kiambu County. The urban properties offer investment opportunities close to major institutions and urban amenities for interested buyers.
Coastal properties are also part of the auction, with several options in Mombasa County, including residential blocks in Bamburi Fisheries Estate, a single-storey building in Likoni, and a business and residential unit in Shanzu.
In the western region, a storey block in Ulanda, about 2.11km from the Junction to Migori, Nyamataro, a motor vehicle workshop, and several parcels in Kakamega county close to schools and trading centres.
Prospective buyers are advised to conduct site visits ahead of the auction dates, as all sales will be finalised on the auction day.
KUSCCO and the auctioneer emphasised that no payments will be accepted other than cash or bankers’ cheques.
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