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For sale: Commercial Building
Along Kingsway Road Ikoyi Lagos
$ 120,000,000
Commercial Property For Sale Along Kingsway Road Ikoyi Lagos
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Property Detail
- Property Type Commercial Property
- Added 24 Oct 2022
- Updated 24 Oct 2022
Description
Commercial Property For Sale Along Kingsway Road Ikoyi Lagos selling for $120,000,000. See property details on PrivateProperty.com.ng or browse all our range of properties in Ikoyi Lagos
A commercial building consisting of 15 floors of office spaces inclusive of the Gorund 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):
1. Projected Annual Income = $9million USD at $600 USD per square meters.
2. Similar property in the same location rented for $750 USD per square meters.
3. 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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