08125856413 • [email protected]
Olu Holloway Road, Ikoyi, Lagos
₦15,000,000,000
| Property Ref: 1464573 | Added On: 20 Sep 2022 | Last Updated: 30 Apr 2024 |
| Market Status: Available | Type: Commercial Property | Bedrooms: 54 |
| Furnishing: Furnished | Total Area: 5,300 sqm |
2. TITLE: C OF O
3. DESCRIPTION: The property consists of 2nos standing (High Rise);
Block A is on Nine (9) floors with pent house
Block B is on Ten (10) floors.
Block A & B 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.
The total number of apartments A & B is 54 Apartments.
4. Land size: 5,299.745 sqm
5. Facilities in the building include the following:
a. Power transformers
b. Uniform security
c. Police Men
d. CCTV Camera
e. Water treatment
d. Swimming Pool
e. Children playing ground
f. Elevators.
6. Notable landmark within the neighborhood include SIAO, One Temple, Heritage Place amongst others.
7. PRICE: 15 BILLION. (Asking)
8. Investment value calculation as @ year 2018;
9. *It's a Bank sales.*
1. Rent for 1no 5 bedroom pent house= N18million per annum.
2. Rent for 24 nos 4 bedroom flats @ N15m per annum = N360million
3. Rent for 20 nos 2 bedroom flats @ N10m per annum= N200million
4. Rent for 8 nos 1 bedroom flat @ N7m per annum= N63million.
9. The property is vacant and is first come, first serve basis.
Agency fee is 5% off the final Agreed price
