1 & 2 Bedroom Apartments — New Road Alpha Beach, Chevron Lekki

New Road Alpha Beach, Chevron, Lekki, Lagos

1 bed1 bath

Key information

Tenure: Freehold
Broadband / connectivity: Ready (High)

Key Features

• Swimming pool
• Dedicated transformer
• 24-hour power supply
• Ample parking space
• Fitted kitchen
• All ensuite rooms
• Balconies
• Governor’s Consent
• Building Approval

Description

Exquisitely finished 1 and 2 bedroom apartments now available for sale in New Road Alpha Beach, Chevron Lekki. Two unit types available - 1 bedroom at ₦85,000,000 and 2 bedroom at ₦135,000,000. All rooms are ensuite with balconies. The development includes a swimming pool, dedicated transformer, 24-hour power supply, fitted kitchen, and ample parking. Title: Governor’s Consent and Building Approval.

INVESTMENT INTELLIGENCE

Rental Income (Annual)

₦19.6M

Benchmark: Lekki Phase 1 · Beds: 1 · Multiplier: 0.85×

Gross Yield

23.00%

Rent ÷ Purchase Price

Net Yield

18.40%

After expenses (20%)

Monthly Cash Flow Projection

Item Description	Value (₦)
Gross Monthly Rent	1,629,167
Operating Expenses (20%)	(325,833)
Net Monthly Cash Flow	1,303,333

Confidence: 86% · Source: Location benchmark dataset

Estimates based on market data and assumptions. Not financial advice. Not a guarantee of future performance. All figures are illustrative of current market intelligence.