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

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Mini Flat for Sale
Shomolu - Lagos ₦ 2,500,000
Access to this off-market property listing depends on the seller or their representative's decision.

Overview

Ref No: 12041

Type: Flat    Purpose: Sale  

Price: ₦ 2,500,000

    State: Lagos

    City: Shomolu

  • Address: Shomolu Lagos
  • Bathrooms x 1 Bedrooms x 1 Toilets x 1

Features

Description

Own a unit of Apartment with ease for 15years, without buying land or engaging in the physical construction of the Buiding.

You can own it and decide to live in it or rent it out to tenant and collect rental returns for the next 15years.
If you decide to rent it out , in about 5 to 6years, you would have gotten your initial capital sum invested and the remaining
9 to 10years , you can deem any rent you collect as returns on your investment.

Introducing close to Folagoro Junction,shomolu.

Available are units of One Bedroom Apartment and Studio Apartment.

Property Description
A Two Storey Building consisting of units of Studio Apartment and One Bedroom Apartment.

Lease Detail
Studio Apartment
Price: N1,500,000.00
Rental value:N300,000.00 to N350,000.00 (Per Annum)
Duration/Tenure: 15Years period

One Bedroom Apartment
Price: N2,500,000.00
Rental value:N450,000.00 to N500,000.00 (Per Annum)
Duration/Tenure: 15Years period

Delivery Date: December 2020.


Added: Thu,30 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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