La Roche

La Roche

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Property Description 

Property Description 

The proposed La Roche Apartments will be a 8 suspended floor development consisting of a maximum of 24nos residences of various apartment sizes ranging from 2bedroom apartments, 3bedroom apartments, with all apartments having typical layout floor plans from 1st – 8th floor.

Unit 

Unit 

Luxury 3-Bedroom Apartment (all bedrooms en- suite) with a total floor area of approx. 310m2 and Luxury 2-Bedroom Apartment (all bedrooms en- suite) with a total floor area of approx. 150m2 also includes:Main living/dining area. 

SPECIFICATIONS

Finishes:

Gypsum board Ceilings 

Vitrified Spanish Floor Tiles

Fully Contemporary style fitted kitchenette with Bosch branded appliances (fridge/freezer, built-in microwave oven, extractor, washing machine etc.)

Double-glazed handrails 

High ceiling headroom

Fully automated

Estate Management Office

Nova toilet sanitary wares

Main living/dining area

1 Guest/Visitors toilet

All Bedrooms en-suite

2.4 meter high doors

Interlocking flooring on driveways and kerbs

Attached 1 room service quarters and laundry

High quality electrical fittings

Returns 

Returns 

Capital gains on property 

Capital gains on property 

  1. Annual capital gains rate on property 

    Avg 18 -20% per annum (for project under construction: off-plan acquisition)

Avg 10-11% per annum (for a fully completed project: on-plan acquisition)

Cashflow on property 

Cashflow on property 

Monthly Forecasted cashflow statement from   operating a short-let apartment in that location

 2bedroom 

Yearly margin

37,552,000

Yearly profit margin

 >12.5%

 3bedroom 

Yearly margin

>45,000,000

Yearly profit margin

10-12%

Appreciation in Property Value 

Appreciation in Property Value 

Rental Income Growth

Rental Income Growth

Leverage Opportunities

Leverage Opportunities

Protection Against Currency Depreciation

Protection Against Currency Depreciation

Documents available

Documents available

Certificate of occupancy

Lagos state approved architectural and structural plan

Lagos state building control (LABCA) approved

Documents after payment

Documents after payment

Deed of partition/ assignment 

Receipts of each payment

Contract of sale

Letter of allotment

Facilities/Amenities 

Facilities/Amenities 

Water treatment plantSwimming pool

Soundproof Power Generating Set

Elevators/Lifts

Electric Fence

CCTV Covered

Fire Protection Equipment

24/7 Security and surveillance

Swimming pool

Gymnasium

Dedicated car parking spaces (2)

Estate management office

Sales value of Apartment 

Sales value of Apartment 

3bedroom: 450,000,000

2bedroom: 300,000,000

Location on map

Inspections are available upon request. Please contact us to schedule a viewing.

Contact Us

Contact

(+234) 8103 404 065

feranmiajayi161@gmail.com

Office

No 20. Adecash Avenue Bodija, Ibadan Nigeria.

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LOFORD PROPERTY LLD

Individual home builders

Contact Us

Contact

(+234) 8103 404 065

feranmiajayi161@gmail.com

Office

No 20. Adecash Avenue Bodija, Ibadan Nigeria.

Social

Instagram

Facebook

LOFORD PROPERTY LLD

Individual home builders

Contact Us

Contact

(+234) 8103 404 065

feranmiajayi161@gmail.com

Office

No 20. Adecash Avenue Bodija, Ibadan Nigeria.

Social

Instagram

Facebook

LOFORD PROPERTY LLD

Individual home builders