Shelter Afrique Development Bank has announced a private auction for the sale of residential properties in prime locations across Kenya, offering prospective buyers a unique opportunity to invest in key counties. Set for Thursday, September 19, 2024, this highly anticipated event will showcase properties in sought-after areas such as Machakos, Kiambu, Kisumu, Kilifi, and Nakuru.
This auction aligns with Shelter Afrique’s ongoing efforts to promote affordable housing in Kenya, while also expanding market opportunities for homebuyers. The bank has consistently collaborated with esteemed partners, including the Government of Kenya, to create initiatives that make homeownership accessible to more Kenyans.
“The upcoming auction is part of our broader strategy to address housing needs while offering the public a chance to own residential properties in strategically significant areas,” said a representative from Shelter Afrique. The properties on offer span various counties, giving buyers a range of choices to invest in prime real estate across the country.
Auction Details
Date: Thursday, September 19, 2024
Time: 10:00 AM
Venue: 1st Floor, Shelter Afrique Centre, Longonot Road, Upper Hill, Nairobi
Virtual Participation: Available for those unable to attend in person
This exclusive event will be conducted through a transparent and competitive bidding process, with the properties awarded to the highest bidders. In cases where identical bids are submitted, priority will be given to the earliest recorded bid.
Prospective bidders are required to submit a refundable deposit of Kshs. 100,000 to secure a bidding number. A detailed list of the available properties has been provided for interested parties to review ahead of the event.
Shelter Afrique’s auction presents a rare opportunity for eligible participants to secure residential properties in areas poised for future growth and development. The auction spans counties such as Machakos, known for its rapid urbanization and proximity to Nairobi; Kiambu, with its expanding infrastructure; Kisumu, an emerging lakeside city; Kilifi, with its coastal allure; and Nakuru, a city experiencing robust growth.
Shelter Afrique continues to play a pivotal role in Kenya’s real estate market, not just in promoting affordable housing but also in fostering investment in high-value areas. This auction underscores the organization’s commitment to providing Kenyans with access to quality homes while maintaining its high
standards of professionalism and transparency.
In a statement, Shelter Afrique emphasized its dedication to upholding integrity throughout the auction. “We are committed to ensuring a transparent and competitive bidding process that gives all participants a fair chance,” the bank noted. Bidders are encouraged to familiarize themselves with the terms and conditions, review the available properties, and come prepared for the competitive process.
Virtual participation options will also be available, allowing bidders who cannot attend in person to join the auction remotely, making the event accessible to a broader audience.
Contact Information
For further inquiries and more detailed information about the auction, interested parties can contact Joyland Auctioneers at:
Telephone: +254-732-240-261
Email: joylandauctioneers@todays.co.ke
This auction presents a prime opportunity for both investors and prospective homeowners to acquire prestigious properties in Kenya’s rapidly developing regions.
