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Grade A 5 Storey High Rise Office Complex

Plaza / complex / mall for sale

Off Bishop Aboyade Cole, Victoria Island (VI), Lagos

$30,000,000

Property Ref: 511544Added On: 15 Oct 2019Last Updated: 16 Oct 2021
Market Status: AvailableType: Plaza / Complex / MallTotal Area: 4,200 sqm
Covered Area: 4,200 sqmServicing: Serviced   

Description: 5 storey High rise grade A twin tower office complex of 12,753sqm gross area&6,902sqm of Lettable space sitting on 4200sqm

Location : Off Bishop Aboyade Cole,Victoria Island,Lagos


Year Built: 2013 by Cappa&D'Alberto

The above property currently as 80% occupancy,generating approx $3.2m annually with scope to rise up to $3.7m at 95% occupancy expected within 12months

Tenants : American,German and Local Multinational Conglomerate Companies,who have long lease up to 2024.. And one of the companies just renewed in 2019(which shows satisfaction with the location ,property and services being rendered)

Price : $30m

Long lease quoted price as at now is $589/sqm

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+2348038224100