Block Of Four Units Of 2 Bedroom Flats
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Property Description
This is a distress price.
The 4 units are occupied
if a buyer agrees to the seller's price the property will be sold and the buyer will simply wait for each of the other 4 people's tenancy to end and gradually take over possession.
Off News Engineering and along the road where massive water pipes have been laid, right along the road after Paralegal Institute and some plazas is a compound of 4 units of 2 bedroom apartments. The seller is desirous of selling. Rent in the area for each 2 bedroom is about n2m. That's N8M yearly. The tenants are aware the property is for sale. The current tenants are old tenants so their rent is low. But if the place is renovated it can command n2m to n2.5m a unit and even more by the time the road is tarred.
It's a great property to buy, rent, and wait till the road is tarred and utilize its location along the road to do a guest house or a commercial venture.
Property Details
| Property Ref: 1833894 | Added On: 24 Jul 2023 | Last Updated: 22 Nov 2024 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 2 |
| Bathrooms: 2 | Toilets: 3 | Parking Spaces: 8 |
| Total Area: 700 sqm |
Interesting Facts
Gwarinpa stands out as one of the largest single housing estates in West Africa. The district was also established in the 2000s and provides residents with easy access to schools, hospitals, shopping complexes, and recreational facilities. Its proximity to Abuja's city center and other prominent areas makes it a convenient location. With its cultural diversity, sports facilities, and vibrant atmosphere, Gwarinpa stands out as an appealing and sought-after residential district in Abuja.
Leisure and Shopping
Popular Estates
Gwarinpa is renowned for its meticulously designed and visually pleasing estates, offering residents a safe and enjoyable living space. Notable among these estates are Works and Housing Estate, Saraha Home Security Estate, and Brains & Hammers Estate. These residential areas feature contemporary architectural styles and impeccably maintained infrastructure, making them highly sought after by potential homebuyers. Additionally, Hillside Estate, located atop a scenic hill, provides residents with stunning panoramic views and luxurious housing options. These estates epitomize the epitome of high-end living in Gwarinpa.
Day Life
Gwarimpa provides its residents with a pleasant and hassle-free daytime experience, ensuring comfort and convenience. The meticulously designed infrastructure, presence of various amenities, educational institutions, and recreational areas all contribute to an exceptional residential lifestyle in this district. For a gratifying day within the neighborhood, there is an abundance of places to discover and a multitude of activities to engage in. You can venture to Crush Cafe, Tastia Restaurant, Bakery and Cafe, Puzzles Restaurant & Bar, Ojuelegba Amalapoint, and numerous other establishments that offer unique experiences and opportunities for exploration.
Night Life
Schools
Read the full area guide for Gwarinpa, Abuja.
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22 Iroko Street, Sil Estate Mbora, Abuja, Mbora, Abuja Fct, Nigeria
0803 XXXX Show Phone
23408035811984
Registered 2 years ago
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