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Now selling , one bed and 2 bed lofts.
₦200M Designer Loft Apartment -- One Bedroom Lekki Phase 1
THE SPACE:
This meticulously styled one-bedroom loft is a masterclass in luxury. With bold textures, soft lighting, and timeless design, it's crafted for the discerning buyer who values space, soul, and statement finishes.
Designer Kitchen
- Matte black cabinetry with concealed handles
- Exposed brick backsplash & warm LED underlighting
- Industrial pendant lighting + high-stool island seating
- Natural oak entry door and floor-to-ceiling windows
Spa Bathroom
- Frameless walk-in shower with rainfall black fixtures
- Floating white vanity + vessel basin
- Natural stone tiling with oak-framed window
- Ambient lighting, ultra-clean lines
Boutique Bedroom Suite (Coming Soon)
- Fluted walnut headboard wall
- Floating nightstands + pendant lights
- Boucle bench, large rug, serene tone-on-tone palette
- Warm LED cove ceiling lighting
-Spiral Staircase Feature
PRICE:
₦200,000,000 -- Fully finished and staged for luxury resale or shortlet ROI
WHO IS THIS FOR?
- Investors targeting high rental yield in Lekki Phase 1
- Executives, expats, or lifestyle-focused homeowners
- Those seeking a curated, hotel-style residence
10-Year Profitability & Investment Analysis
Profitability Breakdown (Based on ₦150,000 Daily Rent @ 65% Occupancy):
- Gross Annual Income: ₦35,587,500
- Annual Running Costs (12.5%): ₦4,448,437.50
- Net Annual Profit: ₦31,139,062.50
- Net Profit Over 10 Years: ₦311,390,625.00
INVESTMENT & ROI:
- Purchase Price: ₦200,000,000
- Payback Period: 6.42 years
- Total Profit After 10 Years: ₦111,390,625.00
Updated Profitability & ROI (75% Occupancy)
PROFITABILITY BREAKDOWN (Based on ₦150,000 Daily Rent @ 75% Occupancy):
- Gross Annual Income: ₦41,062,500
- Annual Running Costs (12.5%): ₦5,132,812.50
- Net Annual Profit: ₦35,929,687.50
- Net Profit Over 10 Years: ₦359,296,875.00
Property Ref: 2829451 | Added On: 20 Apr 2025 | Last Updated: 20 Apr 2025 |
Market Status: Available | Type: Flat / Apartment | Bedrooms: 2 |
Bathrooms: 1 | Toilets: 1 |
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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