ALL THAT LANDED PROPERTIES LOCATED AT UNOUJA under the appointment letter dated Ord December 2022 in favor of Equity Bank Tanzania Limited, Head Office, Golden Jubilee Tower, Dar es Salaam instructing us to advertise the sale by Tender Process of the properties listed/Described below.
- Property located at Chukwani Area, Western B, District, urban West region of Unguja with SALE DEED NO 458,28008 VOL II OF BOOK A-2, BORROWERS/CUSTOMER NAME: ELECTROTHERMAL SUPPLIES AND SERVICES LIMITED, GUARANTORS NAME: JUMA ALI HAMAD.
- Property Located at Miembeni, Urban, West Region of Unguja with CERTIFICATE OF LAND TRANSFER BY SALE, APPLICATION NO 02357 BORROWERS/ CUSTOMER NAME: ELECTROTHERMAL SUPPLIES AND SERVICES LIMITED, GUARANTORS NAME: JUMA ALI HAMAD.
- Property Located at Chukwani Area, Western B, District, Urban, West Region of Unguja with SALE DEED NO 408 OF 2008 VOL II OF BOOK A-2 BORROWERS/ CUSTOMER NAME: ELECTROTHERMAL SUPPLIES AND SERVICES LIMITED, GUARANTORS NAME: JUMA ALI HAMAD.
TERMS AND CONDITION OF THE TENDER:
- INERESTED MEMBERS OF THE PUBLIC ARE INVITED to submit bids for the purchase of the property in a sealed envelope clearly marked “BID FOR THE PURCHASE OF ANY OF THE AFOREMENTIONED PROPERTY Indicating the offer for the property with full address of the bidder shown and the same should be submitted so as to reach the undersigned on the address below before 16:30 hours 06th January 2023 at the office mentioned below. Bidders are Invited to attend during the event if they wish so.
- Bidders should note that the information supplied herein is without liability to the Seller as to its correctness independent valuation and inspection of the property is highly recommended.
- The Seller shall not be bound to accept the highest bid or any bid at all.
- The Property is sold in condition as it is.
- The successful bidder shall be bound to make 25% down payment of the price within 4 days of the date of the award and the remaining balance shall be paid within 14 days or as the successful bidder agreed with the bank for the payment arrangement. In event the balance is not paid within 14 days or as the successful bidder agreed with the bank for payment arrangement, the Seller shall forfeit the down payment and the next highest bidder shall be award the option to purchase.
B. Members of the Public and/or bidders who are desirous of viewing and/or inspecting the property may do so subject to the appointment and prior consent of the Seller agent on the following contacts below: 0712390460/0788438640
7. Bids mentioned in paragraph 2 hereinabove should be addressed to the address below:
MANAGING DIRECTOR
DEV RECOVERIES LIMITED
NIC LIFE HOUSE, 4TH FLOOR, WING C,
SOKOINE DRIVE/OHIO STREET
PO BOX 5707
