SALE OF PROPERTIES BY MORTGAGEE IN POSSESSION

Finance Bank Zambia Limited as mortgagees in possession has the following properties for sale to the general public:

  1. Stand No. 2702 / 7417 off Pemba Road, Chilenje South, Lusaka.

This is a residential property comprising lounge, Kitchen, Dining, Store room, Passage, three bed rooms (one self contained) Shower, Toilet and Veranda in a three sided concrete block wall boundary. Reserve price: K250,000.00.

  1. Plot No. 5539, off Kasama Road, Mushili, Ndola.

This is a residential property 324 square meters in extent developed up to foundation box level with concrete blocks. Reserve price: K25,000.00.

  1. Stand No. 250 Musokolwe, Samfya.

This is a residential property in a low density area of Samfya comprising four bedrooms with master en-suite, lounge/dining room, kitchen, bathroom and toilet. Reserve Price K120,000.00.

  1. Stand No. 333 Ntindi Village, Nakonde.

This is a residential property comprising three bedrooms including master en-suite, lounge, kitchen, dining, bathroom and toilet. The property is enclosed in a concrete block perimeter wall. There are also two incomplete structures within the yard. Reserve price K180,000.00.

To view these properties, please contact Debt Recovery Unit on telephone no. 221419. Sealed bids should be addressed to:

The Legal Counsel

Finance Bank Zambia Limited

1st Floor, Finance House

P.O. Box 37102

Cairo Road

LUSAKA

Closing date for receiving bids is Friday 27 February 2015.