27-story hospitality managed apartment development located on
Ozumba Mbadiwe, Victoria Island.
Developed under a joint venture involving Lagos State and internationally delivered by Reportage, the project is structured as a professionally managed income generating hospitality asset operated by international hotelier.
This is not designed as a conventional residential apartment purchase.
The development operates under a centralized hospitality model, allowing investors earn annual returns from professionally managed operations
while maintaining ownership of the asset.
Construction has commenced and piling works
are currently completed.
KEY INVESTMENT HIGHLIGHTS
- Marriott-operated hospitality structure
- Prime Ozumba Mbadiwe location
- 27-storey mixed-use development
- Projected annual ROI of 15%
- Minimum operational occupancy benchmark of 70%
- 10 days annual owner stay
- Flexible payment plan up to 36 months
- Structured exit option available (subject to terms)
DEVELOPMENT STRUCTURE
The development comprises:
- Studio Apartments (Sold Out)
- 1 Bedroom Apartments
- 2 Bedroom Apartments
- 3 Bedroom Apartments
- Dedicated Commercial Investment Floors
- Restaurant & Conference Spaces
- Showroom & Retail Components
CURRENT UNIT AVAILABILITY
1 BEDROOM APARTMENTS
62sqm
Lowest Current Entry (Classic City View)
9th Floor
$203,513
Executive City View
24th Floor
$223,775
Current Price Range
$203,513 -- $227,827
Lagoon View 1 Bedroom Units --- SOLD OUT
2 BEDROOM APARTMENTS
92sqm
Lowest Current Entry (Classic City View)
5th Floor
$298,621
Executive City View
25th Floor
$339,342
Executive Ocean View
24th Floor
$354,171
Current Price Range
$298,621 -- $343,414
3 BEDROOM APARTMENTS
122sqm
Current Price Range
$423,253 -- $483,855
INVESTMENT STRUCTURE
Projected Annual Return: 15%.
Minimum Operational Occupancy Benchmark: 70%.
Returns are distributed annually through the centralized hospitality management
structure.
OWNER BENEFITS
- 10 days annual owner stay
- Professionally managed hospitality operations
- Asset ownership within a globally positioned hospitality structure
- Prime Victoria Island commercial corridor exposure
- Long-term income and capital positioning
FURNISHING STRUCTURE
Furnishing cost is separate from unit purchase price.
Dm to request investment brief. 09078222686
[email protected]
www.opulencerealty.co
