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 (2019 Calculations):
· 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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