Updated 09 Nov 2019, Added 25 Sep 2019
Property DescriptionFor Sale
A viable ,running educational institution(nursery/primary/secondary), with healthy pedigree for well over 30years , for outright sale.
Dimensions: 2 campus sites ,including a separate full plot..
Features: The secondary consists of 12 classrooms.... One large exam hall (capable of sitting 200 students) , physics , chemistry , biology laboratories , arts room , library, computer laboratory , staff rooms, Principal's office , Admin . office ,etc.
The primary school is sited on a large expanse of land ,and built in a way to accommodate further expansions. It currently consists of 18 classrooms ,computer laboratory ,sickbay ,etc.
Current registered student strength: 275
Admission Capacity : 600
Location: Ijegun Lagos
Asking Price : #300M only
Suitability: Still, very suitable for the purposes for which it's being currently, used. Equally, suitable as outreach campus for higher institutions , hospital chains,etc .
Returns on investments: Very high ,and sustainable. Presently, net profits after tax , salary deductions , and other overheads, hovers around #27-30M (Twenty seven to thirty million naira ), per annum . And, that's how far a 75 year proprietor could go based on old age, and frail health factors . Definitely, the sky is the starting point for a virile ,vibrant mind taking over.
Semi Direct .
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