DESCRIPTION OF PROPERTY:
A storeyed building, comprised of four flats (two upstairs and two downstairs) and a bungalow/boys quarters situated directly behind, sited on a 50/100ft plot of land for sale at Alohan Street, Off College Road, Off Ekehuan Road, Benin City, Edo State, Nigeria.
Property is just two minutes walk from the road, is fenced and has a steady water supply.
The area in which it is situated is one of the safest places in it’s region and has its own security outfits who patrol every night.
TITLES / ASSOCIATED DOCUMENTS
Oba Approval
Deed of Conveyance
Seal of Oath
FEATURES OF THE COMMUNITY
Power supply is constant, and you are guaranteed around ten hours of power supply on a daily basis.
The community is friendly, well developed and has schools and churches adjoining it.
The area is connected to several major roads and is easily accessible but yet private.
Buying this property now offers the opportunity to recreate a modern home on the same site. It is a wise investment, as it can be converted to either a personal home, a student hostel or single rooms to let with over a million naira coming in every year based on rent. As cost of land continues to appreciate, within the next ten years, this property would be worth at least 1.5 times as much as it costs now, if we follow a steady progression curve.
COST OF PROPERTY:
This property is currently valued at 35 million naira ONLY (and open to negotiations.)
CALL TO ACTION:
Interested parties contact us by voice call on 07069048353
or
07018752012.
Compare listings
Compare