Description

COMMERCIAL REAL ESTATE FOR INVESTMENT – IKOYI LAGOS NG.
 
DESCRIPTION: A commercial building consisting of 15 floors of office spaces inclusive of the Ground Floor, each floor measuring approximately 1000 square meters together with facilities for a total of 15000 square meters.
 
The Property has the following facilities:
·         Ground floor parking spaces (80 car parks for executive and managers)
·         Car parks (30 car parks for visitors and employees)
·         Panoramic Elevations
·         CAT Generator Set
·         Air Conditioners
·         CCTV – Security Post
·         Water Treatment Plant
·         State of the art Granite finishing for internal lobby walls and floors
·         Smoke detectors
·         Fire fighting system
·         Access Control Equipment
·         PABAX / Satellite
·         All Electrical  and Mechanical Fittings, Cables and installations are of first call European quality
 
INVESTMENT:
·         Projected Annual Income = $9million USD at $600 USD per square meter
·         Similar property in same location rent for $750 USD per square meter
·         Property has generated $17.4million USD (deductable from purchase price)
 
PROPERTY LOCATION: Along Kingsway Road, Ikoyi Lagos Nigeria.
TITLE: SPV (Company)
SELLING PRICE: $120million USD

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