One of the most fantastic investments ever is not just investing in property but is investing in Student hostels; there are scores of higher institutions scattered around Nigeria and only a handful of them have adequate hostel facilities for students to live in and that's were we come in...we have immense experience and knowledge in student hostels and we can boldly tell you that it is very lucrative with pay back period averaging as little as 2 years!
GOA Hostel Development Consult can sell you or help you procure land in school communities, we will also help advise on architectural designs with relation to your budget, our sister company GOA Architects already has a retinue of building designs ranging from 20 rooms hostels to 100 rooms etc...we will help get necessary planning approvals and legal documents and best of all we can help you manage your hostels.
For individuals and entities who may not have the funds to own an hostel of their own...our mutual funds strategy can help you out! We have devised a way to encourage a group of individuals to come together and pool together funds in legally protected means to ensure they can invest in lucrative hostels too!
Hostels across the country charge from between N60,000 to N180,000 for a self-contained room or apartment and rents are paid every school session; you are rest assured of a constant yearly income for life!
We presently have available land at Lagos State, Ogun State and Ondo State and the process of acquiring land in other school communities is constantly on-going.
GOA HOSTEL DEVELOPMENT SUPPORT SERVICES
WHY YOU SHOULD INVEST IN HOSTELS:
There are hundreds of higher institutions across Nigeria including federal, state and private institutions and just a few have adequate hostel facilities, most do not have hostels at all, this has left students with the singular choice of renting accommodation outside school and they usually have to live and travel from great distances just to get to school.
private hostels have become imperative as there are more students than the amount of accommodation that exists in most institutions and student population will always be on the increase.
the average amount cost per single occupant self-contained rooms are between N60,000 and N120,000 and because hostels generally permit for more units per land area as against residential apartments they are a more profitable property investment than most other property types.
WHAT WE WILL DO FOR YOU?
GOA Hostel Support is a subsidiary of GOA Architects, we have immense experience in procuring land and following up on all legalities including C of O, planning approvals and architectural designs etc, we take the stress of hostel development off our clients and do all the legwork; we advise on location, design and management and our track record attests to our high level of professionalism and dexterity.
Our clients may also use our hostel management services and be rest assured that our facility management skills will be put to good use in ensuring that constant maintenance and running of the hostel is assured.
Our services include:
- procurement of land
- assisting in getting all legal documentation and receipts
- procurement of Certificate of Occupancy
- Architectural design to budget i.e 20 rooms, 50 rooms, 100 rooms etc
- planning approvals
- construction of hostels at direct labour affordability (DESIGN AND BUILD)
- Hostel management and maintenance.
RETURN ON INVESTMENT
At GOA we encourage hostels outside Lagos for an even faster return on investment, with reduced labor rates and cost of land and rent per room going from between N60,000 and N150,000 per annum, hostels are a fantastic revenue source and a veritable investment, rent keeps going up and so does student population...with hostels an investor cannot go wrong....
PRESENTLY AVAILABLE LAND
We have very limited land available in the following areas:
- University of Agriculture, Abeokuta
- Olabisi Onabanjo University (or OSU), Ago - Iwoye
- Olabisi Onabanjo University (or OSU), Ayetoro
- Moshood Abiola Polytechnic, Ojere
- Moshood Abiola Polytechnic, Adigbe area
Other areas include Ijebu Ode, Akure and Saki.
Note: A 10% marketing commission and 10% agreement fee will also accrue.
Our team is made up of Architects, Structural and Civil Engineers, Quantity Surveyors, Electrical Engineers and Land Surveyors
Interested individuals should please call 08068878501, 08023260887, 07028373342 (land line), 01-7410972, Abeokuta: 039-773659
or visit our office:
GOA
11, Isheri Road, Imole Oluwa House, Opposite Zenith Bank,
Aguda, Ogba, Ikeja, Lagos state.
olaniyi.gbolahan@gmail.com
hostels...profitable business that lasts for all time
