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Investment Opportunity of a Lifetime!
Rental Income Opportunity!
Current minimum rent for one bedroom here is #700K
9-Unit One Bedroom Apartment for Sale in FHA Lugbe!
Are you looking for a lucrative investment opportunity in Abuja's real estate market? Look no further!
We present to you a stunning 9-unit one bedroom apartment complex, perfectly located in FHA Lugbe, near Mr. Biggs. This incredible property boasts:
1. 9 fully metered units with NEPA connections
2. Borehole with extra surface pump for uninterrupted water supply
3. Extra space to build two more units, increasing potential rental income
4. Three 500-liter GP tanks for ample water storage
5. Mountain top backyard with seat-out offering breathtaking views
6. Laminated compound for added security and style
7. Current rental income: N700,000 per unit
Title: FHA (Federal Housing Authority)
Size: 500Sqm (on paper), 850Sqm (on ground)
Location: FHA Lugbe, near Mr. Biggs
Asking Price: N80,000,000
Brokerage Fee: 5%
Don't miss out on this incredible investment opportunity! Contact us today to schedule a viewing and make this property yours!
Call/WhatsApp: Realtor David: +2349019320200
Property Ref: 2668662 | Added On: 18 Jan 2025 | Last Updated: 18 Jan 2025 |
Market Status: Available | Type: Mini Flat (Room and Parlour) | Bedrooms: 1 |
Total Area: 850 sqm |
Lugbe's intriguing facts stem from its rich history, proximity to the airport, and captivating natural landscape. These elements combine to create a unique and beautiful essence that sets Lugbe apart.
Lugbe is a vibrant neighborhood that provides its residents and visitors with a diverse range of shopping and leisure experiences. From the local charm of Pyakasa Fruit and Food Market to the convenience of AKJ Supermarket and The Partners Mini Mall's chic boutiques, there's something for everyone. Classic Supermarket and Fairplay Delights Supermarket cater to grocery needs, while Bliss Beauty Lounge & Spa offers relaxation and pampering. Sports enthusiasts can head to El-Salem Volleyball, and gym-goers will find their haven as well. For fun seekers, Lugbe offers more shopping, entertainment, and dining choices, making it an exciting destination.
In the heart of Lugbe, a lot of housing developments stand tall, showcasing solid and remarkable buildings. River Park Estate, Lugbe Estate Phase 1 and 2, Federal Housing Estate, Palms Estate, Jedo Estate, Joy Estate, Light House City Estate, Goshen Villa Estate, UFAAB Estate, Trademore Estate, and Sunnyvale Estate are just a glimpse of the rich variety of prestigious residential options available in this dynamic neighborhood.
In the vibrant neighborhood of Lugbe, an impressive array of prestigious schools thrive, such as Britarch Schools, OliveHall Preparatory School, Cedarhall Academy, Kingdom Laureate School, Progress Dynamic International Academy, and others. These institutions offer an outstanding education, shaping young minds for a bright future.
Read the full area guide for Lugbe District, Abuja.
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