Detached duplex for rent
5-Bedroom Commercial House with Large Compound
5-bedroom commercial house with large compound for rent Location: Lekki phase 1 Property Type: 5-Bedroom Commercial House Condition: Requires Extensive Renovation a spacious 5-bedroom commercial property sitting on a very large and well-positioned compound, with a Boys' Quarter (BQ). The property requires extensive renovation and is suitable for businesses looking for a sizeable commercial space that can be refurbished to suit their operations. Key features 5 Bedrooms Boys' Quarter (BQ) Very spacious compound Suitable for commercial use Requires extensive renovation Flexible renovation arrangement with the landlord Rental & renovation arrangement Annual Rent: ₦30,000,000 The landlord is offering a ₦15,000,000 renovation concession from the annual rent to support the renovation of the property. Therefore: Gross Annual Rent: ₦30,000,000 Less Renovation Concession: ₦15,000,000 Effective First-Year Rent Payable: ₦15,000,000 Other charges Agency Fee: 10% of ₦30M --- ₦3,000,000 Legal Fee: 10% of ₦30M --- ₦3,000,000 Total Initial Payment: N21,000,000 The renovation concession applies to the first year's rent only. Subsequent annual rent will be ₦30,000,000, subject to the agreed tenancy terms. Ideal for Office School/Training Centre Medical/Wellness Facility Restaurant or Lounge Corporate Use Other suitable commercial purposes Contact For enquiries, private viewings, or professional real estate services, kindly contact: Adebimpe Adeola Deola Luxe Realty Limited +234 816 427 6682 +234 708 139 2769 [email protected]
