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1000sqm Commercial Land, Oleh
saleland

1000sqm Commercial Land, Oleh

KM 2, Oleh-Isoko Expressway, Oleh, Oleh-Isoko Expressway, Oleh

₦22M

Ref: SLM-OL-022

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Bedrooms

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Bathrooms

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Parking

1000m²

Area

About this property

Strategic commercial plot along the Oleh-Isoko expressway, fully fenced with survey plan.

KM 2, Oleh-Isoko Expressway, Oleh, Oleh-Isoko Expressway, Oleh

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

Deed of Assignment

Verified

Governor's Consent

Verified

Investment Calculator

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

Gross rental yield

5.00%

Net rental yield

3.25%

Gross annual rent₦1.1M
Effective rent (after vacancy)₦1M
Annual operating cost- ₦330K
Net annual income₦715K

Upfront purchase costs

Legal fees₦1.1M
Agency fee₦1.1M
Stamp duty₦440K
Survey & inspection₦330K
Total one-off costs₦3M
Deposit amount₦6.6M
Cash needed upfront₦9.6M

Financing

Loan amount₦15.4M
Monthly mortgage payment₦286K
Monthly cash flow₦-226,404

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
Blessing Akporero

Blessing Akporero

Sapele Land Masters

Mortgage Calculator

Estimate your monthly repayment

Property price₦22M
Down payment20% · ₦4.4M
0%25%50%
Interest rate18% p.a.
5%17.5%30%
Loan term20 years
5 yrs15 yrs30 yrs
Monthly payment₦272K

Loan amount

₦17.6M

Total interest

₦47.6M

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

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