29 X 3 Bedroom All En-suite Luxury Apartments (single Entity Lease)

HIGH NET WORTH CORPORATE ENTITIES LEASE ONLY

Prime Corporate Let
Turnkey - 29 x 3‑Bedroom All‑En‑Suite Luxury Apartments
Ikoyi
$40,000 / flat / year = $1,160m
Advance 5 Years

Headline: Institutional rental opportunity in Ikoyi --- 29 luxury 3‑bedroom en‑suite flats, fully furnished and equipped, offered to corporate bodies only. Exceptional building services, heavy‑duty power infrastructure and premium amenities make this property ideal for multinational corporates, embassies, oil & gas houses or large corporate housing operators.

Quick property snapshot

- Units: 29 flats --- each 3 bedrooms, all en‑suite
- Rent (asking): $40,000 per flat per annum (USD)
- Total annual rent (full let): $1,160,000
- Advance requirement: 5 years' rent payable in advance (corporate lease condition)
- Location: Ikoyi (premium address)
- Intended lessees: Corporate entities only --- no individual tenancies

Flagship amenities & building specification

- Resident amenities: Outdoor swimming pool, fully equipped gym and ample on‑site parking lots
- Vertical access: 4 working passenger lifts (high capacity)
- Staff accommodation: 1 x room boys' quarter (BQ) on site
- Power resilience: Two heavy‑duty generators --- 1,000 kVA and 750 kVA --- providing robust uninterrupted power for full building loads
- Inclusive appliances & services: Air‑conditioning in all bedrooms, sitting/dining and kitchen areas; washing machines, refrigerators and cookers supplied in each unit
- Security & management: Professionally managed compound options, CCTV pre‑wiring and secure controlled access (operator to confirm on lease)

Commercial terms (indicative & to be agreed)

- Rent: $40,000 per flat / year --- payable in USD (or equivalent NGN by agreement)
- Advance: 5 years' rent payable upfront on signing (non‑refundable terms to be defined in lease)
- Service charge: ₦7,000,000 per flat per year (covers estate services, utilities management & common area maintenance) --- payable in NGN (confirm currency and invoicing procedure)
- Legal fees: 10% (as stated) --- clarify basis (percentage of rent, professional fee cap or otherwise) during negotiations
- Agency fee: 10% (payable to appointed agent on completion)
- Security / caution deposit: To be mutually agreed and captured in the lease (recommended: escrowed / bank guarantee options available)
- Minimum lease: Corporate lease --- specific term to be negotiated but structured for medium/long term stability

Operational & financial highlights

- Immediate scale‑income: Fully let (29 units) generates $1.16M p.a. at current asking rates (pre‑tax).
- Stable counterparty: Corporate leases lower vacancy risk and support prompt payment of service charges and utilities.
- Turnkey offering: Units fully air‑conditioned and fitted with appliances --- minimal fit‑out for occupants; attractive for corporate relocation or project housing.

Suitability & target lessees

- Multinational companies, oil & gas sectors, telecommunications and financial institutions needing executive housing or staff accommodation
- Diplomatic missions or international organisations seeking consolidated corporate residences
- Corporate relocation providers, employee housing operators and executive serviced‑apartment businesses

What's included with the offering

- Fully equipped apartments with aircon and kitchen appliances (as listed) --- inventory provided on request
- Use of pool & gym as part of resident services (management to confirm access & scheduling)
- On‑site backup power capable of supporting full building MEP loads (generators specified)
- 4 lifts and full vertical circulation for tenant convenience

Due diligence & next steps

- Data & inspections: Detailed inventory, floorplans, service charge breakdown and maintenance history available on request to qualified corporate applicants under NDA.
- Pre‑qualification: Proof of corporate status, company registration, bank references and evidence of ability to meet 5‑year advance requirement will be required prior to viewings.
- Legal: Draft corporate lease to be prepared on engagement --- legal and tax advisors encouraged to review service charge, currency and payment mechanics.
- Booking: To reserve, submit formal Letter of Interest and corporate proof of funds; lease terms and reservation mechanics to be agreed.

Notes & disclaimers

- All financial figures are indicative and subject to negotiation and formal lease drafting. Currency for service charge and some fees is indicated in NGN --- parties may agree alternative arrangements.
- Legal and agency fee percentages and advance terms will be set out in the lease/Heads of Terms.
- Property offered on corporate lease basis only --- individual applications will not be considered.

Ref: Victoria