Block of flats for sale
Units of Flats (Existing) Building with Boys Quarter
Existing Residential building A strategically located existing old building is available for sale. The property sits on a land area of approximately 450 square metres and is situated within a medium/high-density commercial/residential neighbourhood with strong human and vehicular traffic. The property presents an excellent opportunity for investors seeking a commercially viable asset in a viable part of Port Harcourt. Given its location, land size and existing structure, the property is suitable for redevelopment or conversion into a shopping complex, neighbourhood retail centre, office spaces, or other commercial uses, subject to the necessary planning and statutory approvals. Its location within Diobu provides convenient access to surrounding residential and commercial districts, making it suitable for businesses targeting a large and diverse customer base. The established nature of the neighbourhood also provides strong potential for rental income and long-term capital appreciation. Property Highlights: - Location: No. 5 Lumumba Street, Diobu, Port Harcourt, Rivers State - Land Area: Approximately 450 sqm - Property Type: Existing Old Building - Recommended Use: Shopping Complex / Commercial Redevelopment - Location Density: Medium / High Density - Title: Available for inspection and due diligence - Asking Price: ₦100,000,000 For enquires: +2348135771138 This property represents a compelling investment opportunity for developers, owner-occupiers and investors looking to secure a strategically positioned commercial property in Port Harcourt.
