3 bedroom detached bungalow for sale
Badore, Ajah, Lagos
An exclusively built and affordable mini estate.
with eight (8) units of bungalows sitting on a 2528sqm land.
now, consider the value you will get in returns.
for rent:
the 2-bedroom, you will earn upto 2.5m to 3m per annum, if it's properly put in place.
the 3-bedroom, you'll earn upto 3.5 to 4m per annum, if it's properly put in place.
take a cursory gaze at this:
the cumulative income for the estate is 25m naira, per annum.
and the projected income for 10 years is 250m naira.
also, note that this projected amount for 10 years is not casted in iron.
the price increases after 2 to 3 years.
for resale:
for the 2-bedroom bungalow, you will earn upto 60m to 70m. (that's over 200m for the 3 units of 2-bedroom).
for the 3-bedroom bungalow, you will likewise earn upto 80 to 90m. (that's about 450m, for the 5 units of 3bedroom).
you don't need to spend too much on renovation. with a projected amount of 8m to 10m naira, this mini estate is back to standard. this is what i call, 'investors delight'
location: seaside estate, badore road, ajah, lekki, lagos
price: ₦400m. (slightly negotiable)
title: survey plan and application for regularization.
owner did not make the payment because he wants to sell.
video is availab...
More details
₦400,000,000
Naph Properties
08071122540