Flat / apartment for sale
Flat / apartment for sale
Furnished 2 Bedroom Apartment with Mini Flat
About this property
Exclusive Investment Opportunity! Acquire an existing ₦250,000/day short-let business in Magodo Phase 1! Luxury fully furnished mini flat + 2-bedroom apartment for sale Looking for a premium real estate investment with an existing short-let operation? Here is an exceptional opportunity! A luxury, fully furnished Mini Flat and a spacious 2-Bedroom Apartment, strategically located in the prestigious Magodo Phase 1, Lagos, are now available for sale together as one investment package. This is more than acquiring properties; you are acquiring an established short-let business with all existing furnishings, fittings, appliances and facilities. Property Features
- Luxury fully furnished Mini Flat.
- Fully furnished 2-Bedroom Apartment.
- Both apartments sold together.
- Existing operational short-let business.
- Fully furnished Boys' Quarters (BQ).
- Dedicated laundry room.
- Complete furniture, fittings and appliances included.
- Ready-to-operate hospitality business.
Investment Highlights Asking price: ₦550,000,000 Combined short-let rate: ₦250,000 Per day for both apartments!
- Daily combined rate: ₦250,000.
- Potential gross monthly revenue at full occupancy: ₦7,500,000.
- Potential gross annual revenue at full occupancy: ₦91,250,000.
Revenue projections are based on 100% occupancy, before operating expenses, maintenance, management fees and applicable taxes. Actual income depends on occupancy. Location Magodo Phase 1, Lagos State. Ideal for
- Real estate investors.
- Hospitality and short-let operators.
- Corporate accommodation providers.
- Investors seeking an established property-based business.
WHY start a short-let business from scratch when you can acquire an existing operation? For Inspection and Further Enquiries: Hillford Realties LTD Real Solutions. Real Properties.
Features and amenities
Interior & Finishing
Power & Utilities
Security & Safety
Outdoor & Communal
Property details
Area guide — Magodo
Interesting Facts
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives...
Leisure and Shopping
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Popular Estates
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of La...
Day Life
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicure...
Night Life
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Schools
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making,...
Read the full area guide for Magodo, Lagos
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Disclaimer
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