27 Units Of 3 Bedroom Apartment With 3 Penthouse
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Property Description
*COMMERCIAL REAL ESTATE RETURN ON INVESTMENT OPPORTUNITY IN IKOYI*
*27 units of 3 bedroom apartments consist 3 units penthouse and 24 units of 3 bedroom apartments going for *N5,000,000,000.*
*Here is the opportunity:* N5b/27units= N185,185,185.1851852
*This means a unit of 3 bedroom cost price is N185.2m (approximately).*
*To resell :* A unit of 3 bedrooms is sold for *N300m*
*A unit of 3 bedroom penthouse is sold for around N400m*
*Minimum profit per unit is N100m multiplied by 27 = N2.7b within 12 months to 18 months max to sell all.*
*Facilitator's fee: 10%*
The *N5b* can be paid in two installments within a 3-month window.
Engr
Property Details
| Property Ref: 2519079 | Added On: 17 Oct 2024 | Last Updated: 08 Jan 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 3 |
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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Disclaimer
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