15 Floors Regents Court, Situated At Glover Road Ikoyi, Lagos

Office Space for Sale
Ikoyi - Lagos
$ 40,000,000

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Overview

Ref No: 32565

Type: Commercial Property    Purpose: Sale  

Price: $ 40,000,000

  • Glover road Ikoyi, Lagos Ikoyi Lagos
  • Bathrooms x 10 Bedrooms x 10 Toilets x 10 Furnished Serviced
    Status:
  • Document: C of O

Features

  • Parking Space
  • Balcony
  • Terrace
  • Swimming Pool
  • Water Heater
  • Garden
  • Boys Quater
  • Pent House
  • Water Treatment
  • POP Ceiling
  • Church Nearby
  • Children Play Ground
  • Supermarket Nearby
  • Child Care
  • Pet Allowed
  • Tiles
  • Ocean View

Description

15 FLOORS REGENTS COURT, SITUATED AT GLOVER ROAD, IKOYI LAGOS

1.  Regent Court land measures 3,461sqm.

2. 15 floors sitting on 560sqm built up area.

3. Stand alone 2 bedroom x 2 units sits on 150sqm built up area.

4. There are 30 luxury apartments in total, 26 units x 3 bedroom apartments measuring 280 sqm each apartment, 2 units x 4 bedroom penthouses measuring 300sqm each and 2 units x 2 bedroom apartments measuring 150 sqm each.

5. 1 parking space for each 2 bedroom apartment, 2 parking spaces  for each 3 bedroom apartment ad 4 parking space for 4 bedroom penthouse.

6. 1 unit BQ per 3 bedroom apartment while 2 units BQs per 4 bedroom penthouse.

BELOW PRICES PER APARTMENT
Floors                   Rooms/Size                                      Price
1st - 2nd             3 bed / 280sqm                          $1.5m  x 4units  =    $6m
3rd - 5th              3 bed / 280sqm                         $l.55m x 6units  =    $9.3m
6th – 8th             3 bed / 280sqm                         $1.6m x 6units  =     $9.6m
9th - 10th            3 bed /  280sqm                         $1.7m   x 4 units =   $6.8m
11th -13th           3 bed / 280sqm                          $1.85m x 6units =    $11.1m
14th/15th            2 Penthouses/300sqm               $2.65m x 2units =    $5.2m
Stand alone        2 bed/150sqm                            $1.250m x 2units=      $2.5m

PRICE = $40m USD (Dollars)

Grand Total amount for the entire building if sold $50,600,000.00 USD if sold independently. 

Meanwhile the entire Regent Court is offered at $40million USD NET to the owner no reduction,

AVAILABLE FACILITIES

All the apartments come with an attached 1 bedroom boys quarter except for the penthouses they come with 2 bedrooms boys quarters per penhouse.

1 main Elevator for the occupants.
1 elevator for the domestic staff
1 standard tennis court.
1 spacious well equipped gym with change room and toilets.
1 spacious swimming pool
1 bar by the pool side
2 x 500 KVA brand new generators
40,000 liters surface diesel tank
MD transformer
2 parking space for each 3 bedroom apartment but 4 parking spaces for each penthouse.
20 visitors parking space.
Factory fitted air conditioner split units in every room, sitting room and kitchen, factory fitted
cooker, oven, fridge, washing and drying machines.
All the building lightnings, fittings, ceramic tiles, marble, wardrobes, wood work, toilet fittings and chandeliers are quality made in Italy products.
all master bedrooms come with a king size bed.

In addition to all the above concession, the buyer would acquire a company in which this project is registered and that's the only asset in the company.

N.B: The acquisition of the entire company will save the buyer $2-$3million USD minimum which the buyer would have to spend to Lagos State Government in perfecting and transferring the title document of the property in his/her name.

In this situation all need do is to dissolve the directors of the company and bring on board the buyer's name and that of his/her directors/shareholders, no interaction with Lagos Government for regularization of the title document because he/she would have purchased a company and not just the property, that itself is a very big advantage and added value.

Please do not hesitate to contact me for any further information when and if required.

Added: Mon,03 Jun 2019
Updated: Tue,22 Sep 2020

Location

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