This property is a Fully Fenced Corner piece plot of land just a few minute's drive from the Lekki Epe expressway, it is Located in the prestigious Idiagbon Estate, Majek, Sangotedo, Ajah, Lagos and Free from Govt. acquisition.
It can seat over 6 Units of 2/3 Bedroom Apartment with enough spaces left
A 2 bedroom currently goes between N1.2m to N1.5m Annually in that area while a 3 Bedroom Apartment goes between N1.7m to N2m annual Rent.
There is currently a 45% demand increase for 2-bedroom apartments and over 35% traction for 3-bedroom apartments according to NPC property demand statistics.
A 2 Bedroom will constantly give you N9million or 3 Bedroom will give you a million in rent annually excluding Tax and your ROI is less than 3 years
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Location: Majek, Sangotedo, Ajah, Lagos
Size: 705sqm
Title: Registered Survey and Deed
Full Plot (705 sqm) - Price: N28m
Half Plot (352.5 sqm) - Price: N14m