Hotel / guest house for sale
Hotel / guest house for sale
2 Bedroom Hotel Apartments with Pool and Commercial Floor
About this property
27-story hospitality managed apartment development located on Ozumba Mbadiwe, Victoria Island. Developed under a joint venture involving Lagos State and internationally delivered by Reportage, the project is structured as a professionally managed income generating hospitality asset operated by international hotelier. This is not designed as a conventional residential apartment purchase. The development operates under a centralized hospitality model, allowing investors earn annual returns from professionally managed operations while maintaining ownership of the asset. Construction has commenced and piling works are currently completed. Key Investment Highlights
- Marriott-operated hospitality structure
- Prime Ozumba Mbadiwe location
- 27-storey mixed-use development
- Projected annual roi of 15%
- Minimum operational occupancy benchmark of 70%
- 10 days annual owner stay
- Flexible payment plan up to 36 months
- Structured exit option available (subject to terms)
Development Structure The development comprises:
- Studio Apartments (Sold Out)
- 1 Bedroom Apartments
- 2 Bedroom Apartments
- 3 Bedroom Apartments
- Dedicated Commercial Investment Floors
- Restaurant & Conference Spaces
- Showroom & Retail Components
Current unit availability 1 Bedroom apartments 62sqm Lowest Current Entry (Classic City View) 9th Floor $203,513 Executive City View 24th Floor $223,775 Current Price Range $203,513 -- $227,827 Lagoon View 1 Bedroom Units --- sold out 2 Bedroom apartments 92sqm Lowest Current Entry (Classic City View) 5th Floor $298,621 Executive City View 25th Floor $339,342 Executive Ocean View 24th Floor $354,171 Current Price Range $298,621 -- $343,414 3 Bedroom apartments 122sqm Current Price Range $423,253 -- $483,855 Investment Structure Projected Annual Return: 15%. Minimum Operational Occupancy Benchmark: 70%. Returns are distributed annually through the centralized hospitality management structure. Owner benefits
- 10 days annual owner stay
- Professionally managed hospitality operations
- Asset ownership within a globally positioned hospitality structure
- Prime Victoria Island commercial corridor exposure
- Long-term income and capital positioning
Furnishing structure Furnishing cost is separate from unit purchase price. Dm to request investment brief. 09078222686 [email protected] www.opulencerealty.co
Property details
Area guide — Victoria Island (VI)
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-fille...
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosm...
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned...
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Is...
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is on...
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent...
Read the full area guide for Victoria Island (VI), Lagos
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Opulence Realty Limited. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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