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Commercial Property for sale Old Ikoyi Ikoyi Lagos - 0
Commercial Property for sale Old Ikoyi Ikoyi Lagos - 1

$ 120,000,000

Property address

​PID: 5ESSL

Old Ikoyi Ikoyi Lagos

Last updated 2021-05-31 05:00:46.0
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Description

COMMERCIAL REAL ESTATE FOR INVESTMENT -- IKOYI LAGOS NG.
 
DESCRIPTION: A commercial building consisting of 15 floors of office spaces inclusive of the Ground Floor, each floor measuring approximately 1000 square meters together with facilities for a total of 15000 square meters.
 
The Property has the following facilities:
-         Ground floor parking spaces (80 car parks for executive and managers)
-         Car parks (30 car parks for visitors and employees)
-         Panoramic Elevations
-         CAT Generator Set
-         Air Conditioners
-         CCTV -- Security Post
-         Water Treatment Plant
-         State of the art Granite finishing for internal lobby walls and floors
-         Smoke detectors
-         Fire fighting system
-         Access Control Equipment
-         PABAX / Satellite
-         All Electrical  and Mechanical Fittings, Cables and installations are of first call European quality
 
INVESTMENT:
-         Projected Annual Income = $9 million USD at $600 USD per square meter
-         Similar property in same location rent for $750 USD per square meter
-         Property has generated $17.4 million USD (deductible from purchase price)
 
PROPERTY LOCATION: Old Ikoyi Lagos Nigeria.
TITLE: SPV (Company)
SELLING PRICE: $120 million USD


NOTE : PROPERTY IS OCCUPIED..BUYER IS BUYING FOR INVESTMENT PURPOSE

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Price Change Graph

Average House Price for last month

NGN 800.00 thousand

Price Change in last 6 months

NGN 200000.00 28.57 %

Historical Price

6 Months Ago

NGN 800.00 thousand
28.57

1 year Ago

NGN 800.00 thousand
28.57

2 years Ago

NGN 700.00 thousand
33.33