Block Of 4 Flats

Property Ref : 3628063

Block of flats for sale

Ilupeju, Lagos

₦650,000,000

Features

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One storey building
Adepegba street, Ilupeju

Block of 4 flats

3 bedroom x 2

2 bedroom x 2

BQ room x 4


650m negotiable


The rents of the Indian tenants occupying the place will expire September, 2026 and they have been notified that the property is to be sold. Hence, they cannot renew their rent.


Current rental value

2 bedroom rent: 5,000,000 x 2 =10,000,000

3 bedroom rent: 6,000,000 x 2 =12,000,000


Total rents to be collected yearly (without renovation) 22,000,000. Tittle Deed of assignment.
























Lukman

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