FOR SALE
DESCRIPTION OF THE BUILDING – The building is a four story structure of flat with a penthouse at the top all occupied by offices.
DESCRIPTION - The site of the building is at a corner piece of Land with access to (2) streets name BECKLEY street & ARAROMI street.
NEIGHBORHOOD - The building is at Lagos business district, and upend business hub in the area comprising of Molony and Beckley area. It has a lot of government and corporate presences.
AGE OF PROPERTY - 32 years.
FACILITIES - The building has facilities management with operation and a cleaning facilities. The building as no lift.
REMARK - The general condition of the building is very good and solid. (No structural cracks or reason for major repair).
PURPOSE OF VALUATION- ongoing concern/ sales
VALUE OF LAND - 200,000,000.00
VALUE OF BUILDING - 250,000,000.00
VALUE OF PROPERTY - 450,000,000.00
DISTRESS SALES PRICE - NGN350,000,000=00NET
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