54 Apartments On Two High Rise Buildings

TOTAL NUMBER OF APARTMENTS ON SITE:
Fifty Four (54) Apartments. They are:-

i). A 9 numbers of 1 bedroom apartments.
ii). A 20 numbers of 2 bedroom apartments.
iii). A 24 numbers of 4 bedroom apartments.
vi). A 1 number's of 5 bedroom apartments.

FACILITIES IN THE PROPERTY ARE AS FOLLOWS:
a). Power Transformers.
b). Uniform Security.
c). Police men.
d). CCTV Camera.
e). Water treatment plant.
f). Swimming Pool.
g). Children playing ground.
h). Access from the ground floor to the pent floor is through 3 elevators.

PRICE: N12.5billion Naira or Dollar Equivalent. Net ..

1. OLU HOLLOWAY ROAD, IKOYI, KAGOS

2. TITLE: C OF O

3. DESCRIPTION: The property consists of 2nos block of flats (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: 15BILLION or Dollar equivalent

8. Investment value calculation as @ year 2018;

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 in first come, first serve basis. Sold..