8 Units Of Two Bedroom Flats (investment Opportunity)
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Property Description
Property Type: Residential Investment Opportunity
Units: 8 Units of Two-Bedroom Flats (85% Completed)
Location: United Estate, Sangotedo, Lagos, Nigeria
Description:
This is a prime investment property located within the vibrant and highly sought-after United Estate, Sangotedo.
The property consists of 8 two-bedroom flats, currently 85% completed, offering immense potential for rental income or shortlet operations.
Strategically positioned in a fully built-up area of Sangotedo, the property benefits from a bustling neighborhood with excellent infrastructure and proximity to key amenities, including shopping malls, schools, and transport hubs.
Income Potential:
Upon completion, each flat is projected to generate an annual rental income of ₦2,000,000, totaling ₦16,000,000 annually. Alternatively, given the high demand for shortlet accommodations in this area, the property can be optimized for short-term rentals, tapping into the lucrative market and significantly increasing its revenue potential.
Market Advantage:
- Located near an existing 12-flat building already operating as shortlet apartments, which highlights the high demand for short-term rental options in the area.
- Sangotedo's popularity and proximity to the Lekki-Ajah corridor make it a hotspot for real estate investments.
Investment Highlights:
- Flexible Use: Opportunity to generate stable rental income or capitalize on the lucrative shortlet market.
- High Demand Area: Located in a prime estate with proven shortlet success stories nearby.
- Promising ROI: Excellent potential for value appreciation and high returns upon completion.
This property presents a rare chance to invest in a fast-growing market with guaranteed income prospects. Whether for long-term rental or shortlet, this investment is bound to yield significant returns.
Price: ₦92,000,000
For inquiries or to schedule a site inspection, please contact:
002348086945825
002348132940690
002348033458171
Property Details
| Property Ref: 2624870 | Added On: 17 Dec 2024 | Last Updated: 17 Dec 2024 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 16 |
| Bathrooms: 16 | Toilets: 16 | Parking Spaces: 8 |
Interesting Facts
Leisure and Shopping
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.
Popular Estates
Day Life
Night Life
Schools
Read the full area guide for Sangotedo, Ajah, Lagos.
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Disclaimer
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