DESCRIPTION: The property is a block of four (4) flats of three (3) bedrooms each and one (1) penthouse flat of three (3) bedrooms together with one (1) room servant quarters for each of the flats on three (3) floors.

TITLE: Registered Deed of Assignment of the interest in the Certificate of Occupancy registered as no. 45 in volume 1991T at the Lagos State Land Registry, Alausa, Ikeja.

FACILITIES: Building is being and shall be completed as detailed below;

* All master bedrooms in the five (5) flats are fitted with Jacuzzi, encased shower trails, befitting wash hand basins, W.C and mirrors. All sanitary fittings are to be of quality not less in value than the sanitary wares already installed.

* All bedrooms are fitted with imported quality wardrobes consistent with luxury apartments and other finishing materials already installed or fitted to the building.

* Fully fitted imported Italian kitchen with energy efficient appliances i.e. fridges, freezer, washing machines, dryers and microwave.

* Air conditioners.
* 42 inches (2 nos. Per flat), LCD television sets of high quality.
* All apartments are fitted with fire alarm system.
* Telecoms infrastructure for 24hours security service, CCTV and intercom facilities.
* Internet access infrastructure.
* IP Network Proximity Card Access Control System
* Standalone Audio/Video Door Entry System
* Cable TV Infrastructure.
* Adequate car parking spaces for at least 10 cars within the premises.
* Borehole with water treatment plant, surface and overhead Braithwaite water storage tanks. 00KVA step-down dedicated electric transformer and 2nos. 150KVA each standby electric generators.
* Elevated surface storage diesel tank for 5,000 litres.

RECREATIONAL FACILITIES INCLUDE:

* Swimming pool and sundeck area with barbecue stand.

* Fully equipped fitness centre.

COMPLETION AND DELIVERY DATE: On or before April ending, 2016.

SALE OPTION: Price is NGN1,000,000,000:00 (One Billion Naira Only) net of transaction cost and cost of perfection of Purchaser’s legal title to the property.
We are available for inspection of the property at your convenience.

LEASE: Rents for the apartments are as follows:
(i) Ground floor flats: USD40,000 each per annum
(ii) First floor flats: USD45,000 each per annum
(iii) Pent floor flat: USD70,000 per annum
Lease rent is net of Agency and legal fees, withholding tax, service charge, EKEDP’s bill and diesel charge.
Rent shall be payable three (3) years in advance at the rate of N250:00 to USD1:00.
Concession on rent shall be considered where all the apartments are leased to a single tenant.
FACILITIES MANAGEMENT: To be undertaken by a Facility Manager to be nominated. In the case of a single tenant, management may be undertaken by the tenant.

SERVICE CHARGE: To be determined.
pls call 08032989564 or 07082253065. Olushola James. Thank u

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