Plaza / complex / mall for sale
Fola Osibo Street, Lekki Phase 1, Lekki, Lagos
Investment with return on investment at about 10%
large commercial building for sale in lekki phase 1
this property is suitable for a shopping mall, hospital, facility, showroom, entertainment centre,headquarters etc.
description: the property is built and set as a 4 -storey building with a penthouse overlooking the street. each floor is 250 square metres and the penthouse is 100 square metres- therefore, the total landscape is 1100+ square metres.
each floor has its own restrooms and elevator to each floor. the property already comes with a 150kva generator, elevator, and water treatment plant.
investment tip: you can get the entire building and rent out each floor. each floor can be rented out at about 30 - 45 million naira per year, therefore from the building, you can be making an annual revenue of about 225 million naira per annum, which is very close to 10% return on investment.
this is better than saving money in the bank or treasury bills , which will not even give 8% roi.
nb: the property is 90% completed. the owner will be responsible for finishing the property and delivering a finished property to the buyer.
once you inspect, and the owner receives a commitment in advance, he will finish the property with necessary fixtures and fittings.
title: certificate of occupancy
amount: 3 billion naira.
location: fola osibo street (at a t junction). it seems like a cornerpiece property.
the location is perfect, with good traffic and very high visibility. this is a perfect location and the property on rental will be hot cake.
inspection is strictly with the buy...
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₦3,000,000,000
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