Luxury, Classy And Stylishly Designed 1 & 2 Bedroom Apartments
It may now be rented/sold, under offer or temporarily withdrawn from the market.
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Property Description
The Empire Queen's Apartments is an iconic project located at 49, Olosa Street, opposite EKO HOTELS & SUITES, off Adetokunbo Ademola Road,
Victoria Island. It is a block of 1& 2 Bedroom Apartments that offers superb hotel apartments concept; from cutting-edge facilities and a panoramic view of Victoria Island down to the fitted kitchen. It is the right choice for ultra-luxury living.
CONFIGURATION
The Empire Queen's Apartments comprise of 60 units of 1 & 2 bedrooms super luxury Apartments on 11 floors. The ground and 1st floors are for parking lots, 2nd floor is for recreational area; 3rd -- 9th floors are for the 1 (one)bedroom Apartments while 2 (two)bedroom Apartments are on the 10th and 11th floors.
UNIT FEATURES
Spacious living room
One bedroom en-suite or two bedrooms all en-suite
Sit-in Dinning
Modern Built-in Semi-open kitchen (includes cabinets, fitted hob, extractor fan)
Built-in cupboard in bedroom
Large balcony for spectacular view
CENTRAL FEATURES
Concierge
World class Elevators
Well equipped gym
Spacious Parking
Swimming pool
Recreational floor
24hours power supply and security
...many others
Benefits of Queens Apartments
- Sense of ownership
- High investment rental returns
- Rent on short-let when you are not town
- Accessible and secured residential neighbourhood
- Great view of the Victoria Island
- New Eko Atlantic City in close proximity
- Shorter period for investment recoupment
- Choice and sought-after location
- Access to Major Business District center - banks, hospitals, schools, restaurants & Entertainment centers.
- Exclusive address, high demand broad way
- Caption ( Why paying more to stay, when you can buy/pay less to own)
INDICATIVE INVESTOR YIELDS
Given the quality of the apartments, the exceptional amenities and position, The Empire Queen's Apartment offers an attractive living proposition at good value to rental customers, while generating an excellent return to the owner.
Sale
- a 1 bedroom apartment in Victoria Island sells between N55M -- N65M
- a 3 bedroom apartment in Victoria Island sells between N85M -- N150M
Rental
- Currently an annual rental price for a 1 bedroom luxury apartment in Adetokunbo Ademola Victoria Island goes between N4.5M -- 8M annually e.g. a studio Apartment in Eko Hotel & Suite costs over N40,000 (Standard) per day, over 1.2M per month and 14M per annum.
- Annual Rental Value: N8M -- N12M
- Annual Rental rate: 17% -20%
- Total principal Investment returns period: 5 - 6 years
AVAILABILITY
2 units left
PRICE
N48M; N10M initial deposit and spread balance over 24months
CONSTRUCTION STATUS: Still under development
For more information, please contact;
EBERE EMMANUEL
09038711761 (Phone calls and whatsApp)
Email: [email protected]
Thank you
Property Details
| Property Ref: 368242 | Added On: 31 Jan 2019 | Last Updated: 26 Sep 2019 |
| Market Status: Not Available | Type: Block of Flats | Bedrooms: 1 |
| Bathrooms: 1 | Toilets: 2 | Parking Spaces: 2 |
| Servicing: Serviced |
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.
Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.
1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.
There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.
Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.
Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.
If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.
Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.
At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).
Read the full area guide for Victoria Island (VI), Lagos.
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Marketed by
22 Bourdillon Road, Ikoyi, Lagos, Nigeria
0814 XXXX Show Phone
08148280005
Registered 5 years ago
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