Multi-Unit Residential Apartment in Old Ikoyi
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Overview
An expansive multi-unit residential facility situated in the prestigious neighbourhood of Old Ikoyi, offering 19 residential units comprising a mix of three-bedroom, two-bedroom, and one-bedroom apartments.
With its substantial accommodation capacity, power infrastructure, swimming pool, gym, and ample parking, the property presents an excellent opportunity for corporate accommodation, serviced apartment operations, or institutional residential use.
Property Features
19 residential units
Mix of 3-bedroom, 2-bedroom, and 1-bedroom apartments
Industrial generator for reliable power supply
Standby power backup
Swimming pool
Gym house
Ample parking space
Spacious facility with excellent operational potential
Lease Details
Location: Old Ikoyi, Lagos
Annual Lease Value: ₦700,000,000
Agency Fee: 10% — ₦70,000,000
Total of Annual Lease and Agency Fee: ₦770,000,000
The total excludes any additional fees or charges not specified.
Ideal for Corporate & Institutional Use
This property is well suited to organisations seeking large-scale staff accommodation, operators looking to establish a serviced apartment business, or institutions requiring a substantial residential facility in a prime Lagos location.
