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TWO HIGH RISE BUILDINGS

₦ 8,000,000,000
17/17a Olu Holloway Road, Ikoyi, Lagos, Nigeria, ,
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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

Address: 17/17a Olu Holloway Road, Ikoyi, Lagos, Nigeria
City:
Area:
State/County:
Country: Nigeria
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Property Id : 53698
Price: ₦ 8,000,000,000
Property Size: 5.00 m2
Ownership Title Type: Cert of Occupancy

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