Investment Property: 17 Rooms Beside Federal Poly Ede

Investment Property: 17 Rooms Beside Federal Poly Ede - 1
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Price Analysis Great Deal

Based on 279 similar listings

Market Demand

High Demand

Details

Address
Front of Old Ronbay Hospital, Talafia Imam Street
Condition
Old
Furnishing
Semi-Furnished
Property Type
Hostel
Square meters
500 sqm
Parking Spaces
6
Secure Parking
true

Investment Property: 17 Rooms Beside Federal Poly Ede Highlights

  • Prime Location Near Educational Hub: Properties situated near federal polytechnics often benefit from consistent demand from students and staff. This proximity can translate to strong rental yields and potential for capital appreciation.
  • Spacious Layout for Hostel Use: A property with a large number of rooms, such as 17, is well-suited for conversion into a hostel or student accommodation. This layout maximizes occupancy potential and revenue generation.
  • Potential for Renovation and Modernizati: Older properties offer an opportunity for buyers to renovate and modernize according to current market demands. This can significantly increase the property's value and appeal.
  • Adequate Parking Facilities: Sufficient parking spaces are crucial for properties, especially those catering to multiple occupants like hostels. Secure parking adds value and convenience for residents.

Description

• Strategically located 17-room income-generating property on a full plot, directly adjacent to Federal Polytechnic Ede. • Ideal for student accommodation, rental apartments, or hostel conversion, offering high rental yield potential. • Situated on Talafia Imam Street, Ede, Osun State, with a direct boundary to the Polytechnic's fence. • Property is semi-furnished and includes 6 parking spaces with secure parking. • Built on 500 sqm land, this property presents a prime investment opportunity in a high-demand area. • The 'Old' condition suggests potential for renovation to maximize value and appeal.

Compare

Investment Property: 17 Rooms Beside Federal Poly EdeThis item
Investment Property: 17 Rooms Beside Federal Poly Ede
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ConditionOldFairly UsedFairly Used
Property TypeHostelHostelBakery
FurnishingSemi-FurnishedSemi-FurnishedFurnished
AddressFront of Old Ronbay Hospital, Talafia Imam StreetOlopomeji, Opa, Ile-Ifebehind 8 flats
Square meters500 sqm450 sqm657 sqm
Parking Spaces6—6
Secure Parkingtrue—true
Price₦ 60,000,000₦ 44,000,000₦ 45,000,000