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Warehouse on Ekpan Road, Effurun
commercialwarehouse

Warehouse on Ekpan Road, Effurun

KM 4, Ekpan Road, Effurun, Ekpan Road, Warri

₦12M/yr

Ref: EPH-EF-011

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Bedrooms

2

Bathrooms

8

Parking

600m²

Area

About this property

Industrial warehouse with loading bay, high ceiling and ample truck access.

KM 4, Ekpan Road, Effurun, Ekpan Road, Warri

Amenities

Parking
Security
Generator

Land & Title Documents

The agent confirms this property holds the following documents, as required under Nigerian land law.

Certificate of Occupancy

Verified

Survey Plan

Verified

Governor's Consent

Verified

Investment Calculator

Estimate rental yield and purchase costs using Delta State market trends.

Gross rental yield

7.00%

Net rental yield

5.15%

Gross annual rent₦840K
Effective rent (after vacancy)₦798K
Annual operating cost- ₦180K
Net annual income₦618K

Upfront purchase costs

Legal fees₦600K
Agency fee₦600K
Stamp duty₦240K
Survey & inspection₦180K
Total one-off costs₦1.6M
Deposit amount₦3.6M
Cash needed upfront₦5.2M

Financing

Loan amount₦8.4M
Monthly mortgage payment₦156K
Monthly cash flow₦-104,493

Estimates only. Delta State yields typically range 5–8% for residential and 6–9% for commercial. Confirm legal fees, agency rates, and mortgage terms with your adviser before committing.

Schedule a viewing

Pick a day and time that works for you. The agent will confirm by phone.

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Contact Agent
Tony Ogbe

Tony Ogbe

Effurun Property Hub

Mortgage Calculator

Estimate your monthly repayment

Property price₦12M
Down payment20% · ₦2.4M
0%25%50%
Interest rate18% p.a.
5%17.5%30%
Loan term20 years
5 yrs15 yrs30 yrs
Monthly payment₦148K

Loan amount

₦9.6M

Total interest

₦26M

Estimates only. Actual rates and terms vary by lender. Confirm with your bank or mortgage provider.

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