Property ID - 6216201

Property Name - HOUSE ON 1,800 Square Metres

Location - Ilupeju ,Mushin

Price - ₦350,000,000

No of Offers: 1

Description

1) It Is Located In The Prime Part Of Ilupeju Estate. 2) When Demolished, One Can Have Three Buildings Containing 24 Units Of 3 Bedrooms Flats. 3) A 3 Bedroom Rents For #3,500,000 In The Neighbourhod. 4) The 24 Units Will Generate #84,000,000 Per Annum. ) The Neighbourhood Is Dominated By Indian Expatriate. 6) The Expatriates Pay Up To 5 Years Rent And More Upfront In The Neighbourhood Meaning That From The Initial Rent, One Can Generate As High As #420,000,000. 7) Constructing The 24 Units Of 3 Bedroom Flats Will Cost Around #250,000,000

Documents

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Profiles

Location - Coker Rd, Ilupeju estate, Lagos

Number of flats/apartment - Nil

Size (square metre) - 1800square metres

Size (plots) - Nil

Parking spaces - Available

Number of floors - 1

Condition of building - Good

Major Landmark - Ilupeju

Nearest bus stop - Ilupeju