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Land in Ikola Axis of Lagos Business

3 years ago Real estate Lagos   224 views

₦6,500,000

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0.0 star

Location: Lagos
Price: ₦6,500,000 Negotiable

NOW SELLING! NOW SELLING!! NOW SELLING!!! 

 

EVERGREEN HILLTOP ESTATE, ALAGBADO SSAFRI HOMES AND PROPERTIES LIMITED  comes with another unbeatable real estate investment offer. This time, it is in the heart of Lagos Mainland and Alagbado [Ikola Road] to be precise. 

 

Document: Global C/O 

Contact: 07036360494

 

Name of Estate: EVERGREEN HILLTOP ESTATE  Location: Ikola Road, Alagbado. Less than 25minutes drive from Alausa, Ikeja. Directly overlooking the Command Military Barracks in Iyana-Ipaja-Ayobo.  

 

Prices And Special Offer : Full Plot(600SQM) N6.5M for Outright Payment, N7M  for 3months payment, N8m for 6 months payment, N10M for 12months payment installment payment period. 

 

Half Plot(300sqm) N3.5M for Outright Payment, N4M for 3months Payment, N5M for 6months payment, N6M for 12months payment 

 

Other Fees: Survey N250k, Deed 250k, Developmental N1. 5million. 

 

INVESTMENT ANALYSIS

 

 Alagbado is a completely developed community with easy access to the Lagos City Center and Administrative Capital. It is a well developed community with good level of public and private infrastructure. Open market price of well titled land (extremely difficult to get) in the area is currently between N15million to N19million and above. At the offer price of N6.5m, an investor is saving a whooping N9. 5million.Capital Appreciation is guaranteed as Demand surely outweighs Supply in that Property Market. The Return On Investment  is projected for between 150% to 200% annually. Also, the land is completely solid and free from flooding. so building on the land will be affordable and less stressful. No need for sandfilling, raft foundation or pilling. It is simply buy and build with ease. For prospective investors, site inspection starts  immediately. 

 

Additional Details

Size 600
Rooms 0
Furnished No
Building Type Plot of land

 
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