08077209195 • [email protected]
Opposite Abraham Adesanya Estate, Ajah, Lagos
₦95,000,000
| Property Ref: 1825784 | Added On: 18 Jul 2023 | Last Updated: 17 Apr 2024 |
| Market Status: Available | Type: Detached Duplex | Bedrooms: 5 |
| Bathrooms: 5 | Toilets: 6 | Parking Spaces: 5 |
Presenting a magnificent 5-bedroom luxury Mansion located around a prominent hotel in the highly sought-after area of Ajah. This property offers a lucrative investment opportunity, boasting a prime location surrounded by well-developed estates. With a wide range of exceptional facilities and amenities, this suite guarantees a high yield in returns and a luxurious lifestyle for potential residents.
Key Features:
Spacious and well-designed 5-bedroom suite
Situated as part proximity of a prominent hotel
Swimming pool for relaxation and enjoyment
Free Wi-Fi connectivity throughout the property
Casino lounge for entertainment and leisure activities
Air conditioning in all rooms for ultimate comfort
Abundant parking space for residents and guests
Other exciting amenities to enhance the living experience
Investment Potential:
To estimate the projection for 5 years based on a worst-case scenario, where the daily price is 30,000 Naira per Night and assuming only four reservations per week for every month of the year, let's break it down step by step:
Calculate the number of nights in a year: There are 365 days in a year, and if we assume each room is occupied 4 days a week, the number of nights per year would be (365/7) * 4 = 208 nights.
Calculate the annual revenue per room: With a room rate of 30,000 Naira per night, the annual revenue per room would be 30,000 * 208 = 6,240,000 Naira.
Calculate the total annual revenue: Since you have a 5-bedroom suite, the total annual revenue for all rooms would be 6,240,000 * 5 = 31,200,000 Naira.
Calculate the revenue for 5 years: To find the revenue for 5 years, we multiply the total annual revenue by 5: 31,200,000 * 5 = 156,000,000 Naira.
Therefore, in the worst-case scenario, with a room rate of 30,000 Naira per night and assuming rooms are occupied for 4 days a week, the projected revenue for 5 years would be 156,000,000 Naira.
Meaning you could raise the cost of maintenance with only a year having owned this property
