Furnished 2-Bedroom Maisonette

Property Details Location: Osborne Phase 2, Ikoyi, Lagos Property Type: Furnished 2-Bedroom Maisonette Rent: ₦22,000,000 per annum Service/Maintenance: ₦1,500,000 Estate Service Charge: ₦360,000 Legal Fee: 5% Agency Fee: 10% Caution Fee: 7.5% refundable Total Stated Cost: ₦28,810,000 Use: Short-let business permitted Transaction: Rental Zahari View This furnished 2-bedroom maisonette in Osborne Phase 2, Ikoyi offers both residential accommodation and a stated opportunity for short-let business use, giving the property an additional commercial dimension. For an operator considering the short-let model, the permission to operate a short-let business is an important factor to verify as part of the tenancy and estate terms. The commercial viability, however, should be assessed beyond the permission itself. Prospective operators should consider expected occupancy, achievable nightly rates, furnishing standards, platform fees, utilities, cleaning, maintenance, staffing and other operating expenses before committing to the property. Property Highlights Furnished 2-bedroom maisonette Located in Osborne Phase 2, Ikoyi Short-let business permitted ₦22 million annual rent ₦1.5 million service/maintenance charge ₦360,000 estate service charge 7.5% refundable caution fee Suitable for residential or permitted short-let use Why This Property Deserves Attention The combination of Ikoyi location, furnished accommodation and stated short-let permission makes this maisonette relevant to both conventional tenants and prospective short-let operators. For a short-let operator, the property's financial assessment should begin with the full entry cost rather than the annual rent alone. This includes the stated service and estate charges, agency and legal fees, as well as the refundable caution fee. The operator should then compare these costs with realistic projected revenue and ongoing operating expenses. Short-Let Business Perspective Before entering into a short-let arrangement, prospective operators should verify: Written confirmation that short-let use is permitted Estate rules governing short-let operations Permitted occupancy and guest policies Expected nightly or monthly rates within the area Realistic occupancy assumptions Platform and booking fees Cleaning and laundry costs Electricity and other utility expenses Maintenance responsibilities Security and access arrangements Renewal terms and any restrictions on commercial use Short-let permission should be confirmed in the relevant tenancy documentation rather than relying solely on verbal representations. Total Stated Cost The stated financial obligations are: Annual Rent: ₦22,000,000 Service/Maintenance: ₦1,500,000 Estate Service Charge: ₦360,000 Legal: 5% Agency: 10% Caution: 7.5% refundable Total Stated Cost: ₦28,810,000 Prospective tenants should request a formal payment schedule and confirm the calculation and refund conditions before making payment. Tenant / Operator's Note Interested parties are encouraged to inspect the maisonette, review the tenancy agreement, confirm the short-let permission and understand all recurring costs before committing. For operators, a simple revenue-and-expense projection can help determine whether the proposed short-let model works under conservative occupancy assumptions. For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Rental terms, availability, charges and short-let permissions are subject to confirmation. Prospective tenants and operators should independently verify all terms, estate regulations and documentation before making payment or commencing operations.