Own A Unit Of Room Self Contain For 15years And Collect Rent For This Period With Ease [Archived]

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Flat for Sale
Shomolu - Lagos ₦ 2,200,000
Access to this off-market property listing depends on the seller or their representative's decision.

Overview

Ref No: 12092

Type: Flat    Purpose: Sale  

Price: ₦ 2,200,000

    State: Lagos

    City: Shomolu

  • Address: Shomolu Lagos
  • Document: Deed of Assignments

Features

Description

Own a unit of studio /self contain apartment for 15years at a market value of 2.2Million Naira,
You can own it and decide to live in it or rent it out to tenant for the next 15years.
If u decide to rent it out , in about 5years u would have gotten ur initial capital sum invested and the remaining 10years u can deem any rent u collect as returns on ur investment.


One Storey Building consisting of units of One Bedroom Apartment and Studio Apartment, situated in Shomolu, Lagos State.
Location offers good proximity to Onipanu.

Lease Details
#One_Bedroom_Apartment (Mini Flat)
Market Value: 3.6Million Naira.
Rental Value: N450,000.00 to N500,000.00 (Per Annum).
Lease Tenure: 15years.
Title Document: Deed Of Sub-Lease

#Studio_Apartment (Room Self Contain )
Market Value: 2.2Million Naira.
Rental Value: N300,000.00 to N350,000.00 (Per Annum).
Lease Tenure: 15years.
Title Document: Deed Of Sub-Lease

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Added: Wed,15 Jul 2020
Updated: Thu,01 Oct 2020

Location

Access to this off-market property listing depends on the seller or their representative's decision.
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