Block of flats for sale
Massive One Storey Building
Semi-direct listing for sale One storey building at Pegba street, Ilupeju Central, Lagos. Block of 4 flats with BQs currently occupied by Indian Expatriates - 2 units of 3 bedroom flats - 2 units of 2 bedroom flats - 4 units of BQ rooms N650m negotiable The rents of the Indian tenants occupying the place will expire September, 2026 and they have been notified that the property is to be sold. Hence, they cannot renew their rent. Current rental value 2 bedroom rent: 5,000,000 x 2 =10,000,000 3 bedroom rent: 6,000,000 x 2 =12,000,000 Total rents to be collected yearly (without renovation) 22,000,000. Title: Deed of assignment. #v(T)Ori)