Please Wait....
3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers - 0
3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers - 1
3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers - 2
3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers - 3
3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers - 4
3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers - 5

250,000,000

  • 3 Beds
  • 10 Baths
  • 10 Toilets

Property address

​PID: 1LABY

Off Iwofe Road Port Harcourt Rivers

Last updated 2024-05-20 23:36:26.0
View similar properties nearby

Safety Tips

  • Do not make any inspection fee without seeing the agent and property.
  • Only pay Rental fee, Sales fee or any upfront payment after you verify the Landlord.
  • Ensure you meet the Agent in an open location.
  • The Agent does not represent PropertyPro and PropertyPro is not liable for any monetary transaction between you and the Agent.

Description

The property comprises two tenanted buildings situated on a 1,200 square meter parcel of land in the serene and tranquil environment of Port Harcourt, Rivers State. Each building consists of six units of three-bedroom flats, totaling 12 units across both buildings.

Features:
1. Three-Bedroom Flats: Each unit within the buildings features three bedrooms, providing ample living space for tenants.
2. Tenanted: All 12 units are currently occupied by tenants, offering immediate rental income to the property owner.
3. Serene Environment: Located in a peaceful and tranquil area, offering residents a quiet and relaxing living experience.
4. Land Size : The property sits on a generous land size of 1,200 square meters, providing potential for future expansion or development.
5. **Income Generation:** With all units tenanted, the property presents a steady source of income for the owner.
6. Strategic Location: Situated in Port Harcourt, Rivers State, the property benefits from its proximity to essential amenities such as schools, hospitals, and shopping centers.

Investment Potential:
1. Stable Rental Income: The property offers a stable and reliable source of rental income from its fully tenanted units.
2. Appreciation: Given its location in a serene environment and the increasing demand for rental properties, the value of the property is likely to appreciate over time.
3.Expansion Opportunities: The sizable land area provides potential for further development or expansion of the existing buildings, enhancing the property's value and income potential.
4. Resilience: Real estate investments in residential properties tend to be resilient, offering a hedge against economic downturns.

Conclusion:
This tenanted property consisting of two buildings with a total of 12 units of three-bedroom flats on 1,200 square meters of land presents an attractive investment opportunity in Port Harcourt, Rivers State. With its stable rental income, potential for appreciation, and opportunities for future expansion, it is an ideal asset for investors seeking to capitalize on the real estate market in the region.

TITLE: C OF O

NOTE: BUY THIS AWESOME PROPERTY FROM US AND AWARDED 2 BAGS OF RICE IMMEDIATELY

Proudly Marketed By WhiteBronze Investment Ltd RC 1192624
For Inspection and more clarifications Please Contact WhiteBronze Investment Ltd On
Email:[redacted]
Website:www.whitebronzeinvestment.com
...

Property is verified as real

If reported as fake, we'll investigate to confirm if
this listing isn't real.

Report property

Receive alerts for new properties

Subscribe Now

Insight for 3 bedroom Flat / Apartment for sale Off Iwofe Road Port Harcourt Rivers

Average House Price for last month

NGN 150.00 million

Price Change in last 6 months

NGN 10000000.00 7.69 %

Historical Price

6 Months Ago

NGN 135.00 million
7.69

1 year Ago

NGN 135.00 million
7.69

2 years Ago

NGN 105.00 million
52.94