Investment With 10% Roi- Storey Building Property For Various Uses
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Property Description
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 buyer.
Property Details
| Property Ref: 3080051 | Added On: 07 Sep 2025 | Last Updated: 07 Sep 2025 |
| Market Status: Available | Type: Plaza / Complex / Mall | Bathrooms: 20 |
| Toilets: 20 | Parking Spaces: 50 | Total Area: 1,100 sqm |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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Disclaimer
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