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Nairaland Forum / Nairaland / General / Properties / A Plot Of Land + 1.5million = 8 Room Self Contain??? (1094 Views)
Hot Deal !! 8 Room Guest House For Sale N15m. / Property Name Oceanwood Courts @ Ibeju Lekki ,dry Land #1.5million / 8 Room Raised Bungalow, Off Opebi, Ikeda. FOR SALE (2) (3) (4)
A Plot Of Land + 1.5million = 8 Room Self Contain??? by Gdiddy55(m): 8:38am On Jun 25, 2015 |
How far can one go with 1.5m in building an 8-room self-contain in a suburb of Abuja ![]() |
Re: A Plot Of Land + 1.5million = 8 Room Self Contain??? by gr8david(m): 4:52pm On Jun 25, 2015 |
No! Let me scale it down for you in stages. STAGE 1 FROM FOUNDATION TO ROOF SITTING. u gonna need wroghly 6000pcs of block; amounts around 600k, around 200bags of cement multiply by how much they are selling is in u area close to 400k, nothing less than 200- 250tons of sharp sand around #200k, 100tone of granite @ #250k for concrete blinding, German's floor and lintel, 60lenghts of 12mm Iron rod, quarter rods, biding wire, 1by12 planks, 2bags of 3" nail for lintel @ #200k, book #50k for water 500k for workmanship. Total around 2.5million That is from foundation to roof sitting, but I will advice you to first build two or 3, then use it as collateral to get loan and then use it to develop the rest. I operate a registered small scale Building Construction and Block Industry, so contact us on 08068644710, 09092849912 or e-mail: hardrockbuilding@gmail.com your Architectural Design, Project Management Services, Appraisal, Maintenance and Refurbishment of Existing Buildings |
Re: A Plot Of Land + 1.5million = 8 Room Self Contain??? by Gdiddy55(m): 5:48pm On Jun 25, 2015 |
Thanks gr8david for your detailed response. If I were to take on 3 rooms first how far will 1.5m go? I noticed you did not go ahead to talk about d roofing and firings (internal) probably because by your calculation the 1.5m is already exhausted. I do not want to engage and get stock halfway. |
Re: A Plot Of Land + 1.5million = 8 Room Self Contain??? by gr8david(m): 6:56pm On Jun 25, 2015 |
1.5million will complete roofing, plastering/cement flooring n ceiling, but wiring, tieling, toilet/kitchen fittings I can't guarantee. |
Re: A Plot Of Land + 1.5million = 8 Room Self Contain??? by Gdiddy55(m): 12:08pm On Jun 26, 2015 |
Nice one gr8david, I think your idea to take on 3 then use as collateral for loan might be the best option. Thanks. |
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