Overview
- Updated On:
- June 11, 2021
- 5.00 m2
Description
TWO HIGH RISE BUILDINGS
Location: OLD IKOYI LAGOS STATE
DESCRIPTIONS
TWO HIGH RISE BUILDINGS AS FOLLOWS :
PROPERTY ADDRESS: 17/17A, OLU HOLLOWAY ROAD, IKOYI, KAGOS
TITLE = CERTIFICATE OF OCCUPANY
BLOCK 1 = IS ON NINE (9) FLOORS WITH PENT HOUSE
BLOCK 2 = IS ON TEN (10) FLOORS.
BLOCK 1 & 2 COMPRISES OF 9 NO’S 1 BEDROOM FLAT, 20 NOS 2 BEDROOM FLATS, 24 nos 4 BEDROOM FLATS AND 1 no 5 BEDROOM PENT HOUSE. = 54 APARTMENTS
THE TOTAL NUMBER OF APARTMENTS BLOCK 1 & 2 HAS IS 54 APARTMENTS.
LAND SIZE = 5,299.745 SQUARE METERS
FACILITIES IN THE BUILDING INCLUDE THE FOLLOWING:
POWER
TRANSFORMERS
UNIFORM SECURITY
POLICE MEN
CCTV CAMERA
WATER TREATMENT
SWIMMING POOL
CHILDREN PLAYING GROUND
ELEVATORS.
CAR PARK = OVER 200 CARS
NOTABLE LANDMARK
NOTABLE LANDMARK
WITHIN THE NEIGHBORHOOD INCLUDE SIAO, ONE TEMPLE, HERITAGE PLACE AMONGST OTHERS.
PRICE: N8 BILLION.
INVESTMENT VALUE =
CALCULATION aYs @ YEAR 2018;
1. RENT FOR 1no 5 BEDROOM PENT house= N18million per annum.
2. RENT FOR 24 NOS 4 BEDROOM FLATS @ N15m per ANNUM = N360 million
3. RENT FOR 20 NOS 2 BEDROOM FLATS @ N10m PER annum= N200 million
4. RENT FOR 8 NOS 1 BEDROOM FLAT @ N7m per annum= N63 million.
THE PROPERTY IS VACANT
LINK = DIRECT INSTRUCTION
1. LETTER OF EXPRESSION OF INTEREST REQUIRED
2. 24 HOURS NOTICE AFTER LOI REQUIRED
Disclaimer
The details provided on this page is as provided by Stephen Nasi . Please do your due diligence of verifying the details by completing a site inspection of the actual property listed before making any payment to an agent or property owner. Additionally, always verify all necessary legal documents and ensure the person you are going to make payment to is the actual owner or have the power of attorney to sell, rent or lease the property you are interested in. Please note that Propertylishub.com shall not be held liable for the actions of any agent or property owner for any listings on our website.
