Akowonjo, Alimosho, Lagos
₦120,000,000
| Property Ref: 2920162 | Added On: 13 Jun 2025 | Last Updated: 13 Jun 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 13 |
| Total Area: 670 sqm |
Now available is an exceptional investment opportunity for smart buyers looking to generate solid rental income or establish a multi-family residence in a highly sought-after and rapidly appreciating location. This well-structured and well-maintained block of 8 flats sits on a full plot measuring 60ft by 120ft, strategically located at Kwara Bus Stop, just off Akowonjo Road, offering great proximity to the tarred road and key commercial areas. The property features five units of 2-bedroom flats and three units of mini flats, making it a perfect mix for diversified rental income streams. It is a true inverter's delight, with prepaid meters already installed for each unit, all-round tiling, and the compound is fully fenced and gated for added privacy and security. This property is almost vacant, making it easy to transition into immediate use or renovations without tenant interference. The title documents are comprehensive and secure, including Certificate of Occupancy (C of O), Registered Survey, Deed of Assignment, and Omo Onile Receipt. The asking price is 120 million, and it is slightly negotiable for serious buyers ready to take advantage of this cashflow-ready asset. Don't miss this rare chance to own a prime property in a central Lagos neighborhood with steady rental demand.
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