commercialoffice

Office Space, Oleh Town

5 Oleh-Isoko Road, Oleh Town, Oleh Town, Oleh

₦3.5M/yr

Ref: URE-OL-021

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Bedrooms

Bathrooms

Parking

130m²

Area

About this property

Purpose-built office space in the heart of Oleh, suitable for NGOs and oil servicing firms.

Location

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5 Oleh-Isoko Road, Oleh Town, Oleh Town, Oleh

Amenities

Air Conditioning

Parking

Security

Prepaid Meter

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

Investment Calculator

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

Purchase price (₦)

Monthly rent (₦)

Operating cost (%/yr)

Vacancy rate (%)

Deposit (%)

Interest rate (% APR)

Loan term (years)

Gross rental yield

7.00%

Net rental yield

5.15%

Gross annual rent₦245K

Effective rent (after vacancy)₦233K

Annual operating cost- ₦53K

Net annual income₦180K

Upfront purchase costs

Legal fees₦175K

Agency fee₦175K

Stamp duty₦70K

Survey & inspection₦53K

Total one-off costs₦473K

Deposit amount₦1.1M

Cash needed upfront₦1.5M

Financing

Loan amount₦2.5M

Monthly mortgage payment₦45K

Monthly cash flow₦-30,477

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

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October 2026

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Contact Agent

Grace Ighravwe

Ughelli Real Estate Co.

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Mortgage Calculator

Estimate your monthly repayment

Property price₦3.5M

Down payment20% · ₦700K

0%25%50%

Interest rate18% p.a.

5%17.5%30%

Loan term20 years

5 yrs15 yrs30 yrs

Monthly payment₦43K

Loan amount

₦2.8M

Total interest

₦7.6M

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

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