For Sale: 10floors High-rise Buildings, Olu Hollow Way, Ikoyi, Lagos | 4 Beds, 4 Baths (Ref: 1082272)

10floors High-rise Buildings

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It may now be rented/sold, under offer or temporarily withdrawn from the market.

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Property Description

1. PROPERTY ADDRESS: 17/17A, OLU HOLLOWAY ROAD, IKOYI, KAGOS

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: #15b 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.


Property Details

Property Ref: 1082272Added On: 22 Sep 2021Last Updated: 28 Nov 2022
Market Status: Not AvailableType: Flat / ApartmentBedrooms: 4
Bathrooms: 4Toilets: 5   

Interesting Facts

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?

Leisure and Shopping

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

Popular Estates

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Day Life

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.

Night Life

Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.

Schools

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.

Read the full area guide for Ikoyi, Lagos.

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