Brand New Sel Service Mini Flat
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Property Description
Okay, here is a financial breakdown for the mini-flats at Itinrin, Mobil Road, Ajah, addressed to prospective tenants. It clearly outlines the initial costs for each available unit type.
Financial Breakdown for Mini-Flats at Itinrin, Mobil Road, Ajah
Dear Prospective Tenant,
Thank you for your interest in the mini-flats available at Itinrin, Mobil Road, Ajah. We understand that understanding the full financial commitment is crucial, so please find below a clear breakdown of the initial costs required to secure a unit.
Please note that the rental cost varies depending on the specific unit you choose.
Breakdown Per Unit Type:
1. Ground Floor Unit
* Annual Rent: ₦2,000,000
* Annual Utilities Bill: ₦350,000
* Agency Fee (10% of Rent): ₦200,000
* Legal Fee (10% of Rent): ₦200,000
* Caution Deposit (10% of Rent): ₦200,000
* Total Initial Payment for Ground Floor Unit: ₦2,000,000 + ₦350,000 + ₦200,000 + ₦200,000 + ₦200,000 = ₦2,950,000
2. First Floor Units (Per Unit)
* Annual Rent: ₦2,200,000
* Annual Utilities Bill: ₦350,000
* Agency Fee (10% of Rent): ₦220,000
* Legal Fee (10% of Rent): ₦220,000
* Caution Deposit (10% of Rent): ₦220,000
* Total Initial Payment for a First Floor Unit: ₦2,200,000 + ₦350,000 + ₦220,000 + ₦220,000 + ₦220,000 = ₦3,210,000
3. Unit with Personal Staircase
* Annual Rent: ₦2,500,000
* Annual Utilities Bill: ₦350,000
* Agency Fee (10% of Rent): ₦250,000
* Legal Fee (10% of Rent): ₦250,000
* Caution Deposit (10% of Rent): ₦250,000
* Total Initial Payment for Unit with Personal Staircase: ₦2,500,000 + ₦350,000 + ₦250,000 + 250,000 + 250,000 = ₦3,600,000
Important Notes:
* The Annual Utilities Bill (₦350,000) covers essential services such as security, cleaning, and maintenance of the common areas within the property.
* This is a self-service property regarding power supply. Residents are expected to come with their personal generators for electricity.
* Please be aware that prepaid meters have been applied for, and we anticipate their delivery and installation at the earliest possible time, which will change the power billing method in the future.
* The Caution Deposit is 10% of the annual rent and is typically refundable at the end of your tenancy, subject to the property being left in good condition as per the lease agreement.
* A full year's rent is acceptable for the initial payment.
We hope this breakdown provides clarity on the costs associated with renting a mini-flat in this location. Please feel free to ask any further questions you may have.
Property Details
| Property Ref: 2872276 | Last Updated: 16 May 2025 | Market Status: Available |
| Type: Mini Flat (Room and Parlour) | Bedrooms: 1 | Bathrooms: 1 |
| Toilets: 2 | Parking Spaces: 1 | Servicing: Serviced |
| Service Charge: ₦350,000 per annum |
Interesting Facts
Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break the bank, Ajah is the place to go.
Leisure and Shopping
Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.
Popular Estates
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Night Life
There are lounges, bars, and nightclubs all over the place. Simply choose your favourite....
Schools
Crane College, Busy Minds College, Jesilo High School, Lakefield Schools, Edidot College, Alpha Covenant Heritage School, Lakewood British School, Learning Ladder Montessori Schools, Readington School, Amber Ville School, Goldenline School, and others are among the schools that have made quality education accessible.
Read the full area guide for Ajah, Lagos.
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House 188, Oniru Resettlement Scheme Estate, Victoria Island, Lagos, Nigeria
0802 XXXX Show Phone
2348028273500
E3B61A4F
Registered 12 years ago
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