Detached duplex for sale
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5 Bedroom Flats (Existing) Building with Boys Quarter
About this property
Existing Residential building A strategically located existing old building is available for sale at No. 5 Lumumba Street, Diobu, Port Harcourt, Rivers State. The property sits on a land area of approximately 450 square metres and is situated within a medium/high-density commercial/residential neighbourhood with strong human and vehicular traffic. The property presents an excellent opportunity for investors seeking a commercially viable asset in a viable part of Port Harcourt. Given its location, land size and existing structure, the property is suitable for redevelopment or conversion into a shopping complex, neighbourhood retail centre, office spaces, or other commercial uses, subject to the necessary planning and statutory approvals. Its location within Diobu provides convenient access to surrounding residential and commercial districts, making it suitable for businesses targeting a large and diverse customer base. The established nature of the neighbourhood also provides strong potential for rental income and long-term capital appreciation. Property Highlights:
- Location: No. 5 Lumumba Street, Diobu, Port Harcourt, Rivers State
- Land Area: Approximately 450 sqm
- Property Type: Existing Old Building
- Recommended Use: Shopping Complex / Commercial Redevelopment
- Location Density: Medium / High Density
- Title: Available for inspection and due diligence
- Asking Price: ₦100,000,000
For enquires: +2348135771138 This property represents a compelling investment opportunity for developers, owner-occupiers and investors looking to secure a strategically positioned commercial property in Port Harcourt.
Property details
Area guide — Port Harcourt
Interesting Facts
Port Harcourt's interesting facts highlight its role in the oil and gas industry, historical landmarks like the Old Port Harcourt Airport, cultural festivals, and attractions like Isaac Boro Park that reflect the city's...
Leisure and Shopping
Port Harcourt boasts a range of leisure and shopping establishments, including Port Harcourt Mall, Genesis Cinemas, Abali Park, Spar Port Harcourt, and Garden City Amusement Park. These destinations provide diverse optio...
Popular Estates
Port Harcourt has a collection of prestigious estates that epitomize the epitome of luxurious living. These coveted residential enclaves, such as Rivtaf Golf Estate, Trans-Amadi Gardens Residential Estate, Chinda Estate,...
Day Life
Port Harcourt's daytime scene brims with a plethora of dining options such as Genesis Restaurant and Jevinik Restaurant. Additionally, you can discover family-friendly and rejuvenating spots like Port Harcourt Tourist Be...
Night Life
Port Harcourt, a bustling city even after dark, offers a thriving nightlife scene. From the Hub Lounge to the Orange Room Lounge, Casablanca Lounge, Playhouse Lounge, Eco Lounge, and De Edge Nightclub, there is something...
Schools
Port Harcourt is home to reputable educational institutions, including Federal Government College, Port Harcourt, University of Port Harcourt, Greenoak International School, British International School, and Dority Inter...
Read the full area guide for Port Harcourt, Rivers
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