NOTICE OF SALE BY TENDER PROCESS
ALL THAT LANDED PROPERTY LOCATED AT PLOT NO. 01, VIJIBWENI DESCRIBED UNDER C.T NO.168760, L.O. NO. 701811 & KGMC/LD/VIJ/1/636, NOTICE IS HEREBY GIVEN THAT, under the appointment letter dated on 01st December 2021 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 property captioned above.
1. The property is a Commercial/Industrial property located at Vijibweni area in Kigamboni Industrial area measuring about 6.9 acres fully fenced. The property is located along an area that is near to the Dar Es Salaam port where the Oil and Gas deports are located. The property has 4 warehouses, one factory building, offices, staff houses, generator house and security building.
2. INTERESTED 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 COMMERCIAL/ INDUSTRIAL PROPERTY LOCATED AT PLOT NO. 01, VIJIBWENI, KIGAMBONI INDUSTRIAL AREA DESCRIBED UNDER C.T. NO. 168760 & L.O. NO. 701811″ 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 1600 hours on 29th December 2021 by 1630 hours at the office mentioned below. Bidders are invited to attend during the event if they so wish.
3. 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.
4. The Seller shall not be bound to accept the highest bid or any bid at all.
5. The Property is sold in a condition as it is.
6. The successful bidder shall be bound to make a 25% down payment on the price within 4 days of the date of the award and the balance shall be paid within 14 days or as the successful bidder agreed with the bank for 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 awarded the option to purchase.
7. 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 address below; Ahmed El-Maamry and Maryam Ndama
0788 438640 or 0712 390460
8. Bids mentioned in paragraph 3 hereinabove should be addressed to the address below;
THE MANAGING DIRECTOR,
DEV RECOVERIES LIMITED
NIC LIFE HOUSE 4TH FLOOR
SOKOINE DRIVE/OHIO STREET,
P.O.BOX 6707
DAR ES SALAAM
PHONE : 0712390460 or 0788438640
