For sale: Luxury Block Of 8 Units Of 3 Bedroom Apartment

DIRECT BRIEF | FOR SALE – LEKKI PHASE 1

Luxury Block of 8 Units of 3 Bedroom Apartments

A solid income yielding investment in the heart of Lekki Phase 1. This premium residential block sits on approximately 1,400sqm and is currently occupied by a single corporate tenant, providing stable dollar denominated rental income.

📍 Location: Lekki Phase 1
💰 Asking Price: ₦3.75 Billion
🏢 Tenancy: Single corporate tenant (till end of the year)
💵 Current Rent: Approx. $150,000 per annum

Property Overview
Purpose built for high end corporate residential use, this asset is fully equipped with robust infrastructure and modern services, making it a turnkey investment with minimal operational exposure.

Installed Fixtures & Facilities
• 8 units of luxury 3 bedroom apartments
• 49 air conditioning units (2HP & 1.5HP)
• 8 units of 10kg Kelvinator washing machine and dryer
• 8 Samsung side by side refrigerators
• 8 microwave ovens
• 8 units of 6 burner gas cookers with ovens
• Water heaters in all rooms
• Centralized TV dish system
• CCTV camera system
• 100kVA standby generator
• Reverse osmosis water treatment plant
• Dedicated 200kVA transformer
• Video access control system

This is an ideal acquisition for investors seeking immediate cash flow, strong tenant security, and long term capital appreciation within one of Lagos’s most established residential corridors.

📞 Call to book your private inspection today

Kelechi