Own A Unit Of Apartment For 17years And Collect Rent For This Period [Archived]
Ogudu - Lagos ₦ 3,500,000
Overview
Ref No: 12062
Type: Flat Purpose: Sale
Price: ₦ 3,500,000
- Ogudu Lagos
Features
Description
Own a unit of Apartment with ease for 17years, 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 17years.
If you decide to rent it out , in about 5 to 6years, you would have gotten your initial capital sum invested and the remaining
11 to 12years , you can deem any rent you collect as returns on your investment.
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.
Accommodation Details
Spacious rooms,all rooms en-suite Borehole water, Cross ventilated rooms, Ample parking space, Calm and serene well gated environment.
Lease Detail
Studio Apartment
Price: N2,000,000.00
Rental value:N400,000.00 (Per Annum)
Duration/Tenure: 17years period
One Bedroom Apartment
Price: N3,500,000.00
Rental value:N600,000.00 (Per Annum)
Duration/Tenure: 17years period
Delivery Date: December 2020.
Location
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