20-Bedroom Block of Flats in Pristine Estate, Obio-Akpor

20-Bedroom Block of Flats in Pristine Estate, Obio-Akpor - 1
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Price Analysis Fair Price

Based on 4157 similar listings

Market Demand

High Demand

Details

Title
Certificate of Occupancy
Toilets
10
Bedrooms
20
Agent Fee
₦ 20,000,000
Bathrooms
20
Condition
Fairly Used
Facilities
Tiled Floor, Balcony, Dining Area, Pop Ceiling, Wardrobe, 24 Hours Electricity, Borehole, Chandelier, Firefighting Equipment, Fitted Kitchen, Garden, Gated Community, Hot Water, Pre Paid Meter
Furnishing
Unfurnished
Listing by
Agent
Estate Name
Pristine estate
Parking Space
true
Property Type
Block of Flats
Property size
4,200 sqm
Number of Cars
50
Self Contained
Yes
Property Address
Rumuekini

20-Bedroom Block of Flats in Pristine Estate, Obio-Akpor Highlights

  • Prime Location in Obio-Akpor: Obio-Akpor is a significant local government area in Rivers State, known for its commercial activities and residential development. Properties in this region often benefit from proximity to key infrastructure and amenities.
  • Spacious Block of Flats Layout: A block of flats typically offers multiple independent living units within a single structure. This configuration is designed to maximize living space and accommodate numerous residents or families.
  • Estate Living Advantages: Living in a gated estate often provides enhanced security, controlled access, and a sense of community. Many estates also feature shared amenities and well-maintained common areas.
  • Essential Utilities: Water & Power: Reliable access to water and electricity is crucial for any residential property. Features like boreholes and prepaid meters indicate a focus on consistent utility provision and management.
  • Security Features in Gated Communities: Gated communities often incorporate security measures such as controlled entry points and sometimes perimeter fencing. This aims to provide a safer living environment for residents.
  • Property Condition: Fairly Used: A 'fairly used' property suggests it has been previously occupied and may show signs of wear. Buyers should expect a property that is functional but might require some updates or maintenance.

Description

• This expansive block of flats comprises 24 units: 4 self-contained apartments, 8 one-bedroom units, and 12 two-bedroom units, situated on 9 plots of land. • The property is located in Rumuekini, conveniently close to the Rumousi Flyover, within the secured Pristine Estate. • Key infrastructure includes a private transformer providing Band B electricity, ensuring reliable power supply. • Ample parking is available, with dedicated tank water supply (1 tank per apartment). • The estate boasts a gated community environment with 24-hour electricity and borehole facilities. • The property generates an estimated NGN 40,000,000 per annum in rental income. • Title is a Deed of Conveyance, with an existing Certificate of Occupancy also mentioned in attributes. • Features include tiled floors, pop ceilings, fitted kitchens, and firefighting equipment.

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ConditionFairly UsedFairly UsedNewly Built
Property TypeBlock of FlatsMansionHouse
Bedrooms2055
Bathrooms2055
FurnishingUnfurnishedFurnishedUnfurnished
FacilitiesTiled Floor, Balcony, Dining Area, Pop Ceiling, Wardrobe, 24 Hours Electricity, Borehole, Chandelier, Firefighting Equipment, Fitted Kitchen, Garden, Gated Community, Hot Water, Pre Paid Meter—24 Hours Electricity, Balcony, Dining Area, Fitted Kitchen, Pop Ceiling, Tiled Floor, Swimming Pool, Wardrobe
Parking Spacetrue—true
Self ContainedYes——
TitleCertificate of OccupancyDeed of Conveyance—
Toilets1055
Agent Fee₦ 20,000,000——
Listing byAgent——
Estate NamePristine estateHappybite—
Property size4,200 sqm930 sqm300 sqm
Number of Cars50—3
Price₦ 400,000,000₦ 400,000,000₦ 380,000,000