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Title
New Apartment Development --- Off Toyin Street (Near Allen Avenue), Ikeja Direct Sale
Headline
Secure Investment: 5‑Unit New Build (5 x 3‑Bedroom.
Modern Specs, Gov. Consent --- Completion: Sept 2025
Key facts
- Location: Off Toyin Street, close to Allen Avenue, Ikeja, Lagos
- Units: 5 × 3‑bedroom apartments;
- Title: Governor's Consent obtained
- Sale type: Direct (vendor mandate)
- Completion / handover: End of September 2025
- Asking prices (as delivered): ₦200,000,000
- Finished unit prices (upgraded / turnkey finish): 3‑bedroom: ₦250,000,000
Short description (portal summary)
Brand‑new, secure 5‑unit apartment development at the heart of Ikeja --- minutes from Allen Avenue. Built to modern standards with Governor's Consent in place, the scheme comprises five 3‑bedroom apartments with premium fittings, CCTV, solar/inverter backup and dedicated parking.
Sale direct from vendor.
Completion scheduled for September 2025. Ideal for investors, corporate housing or owner‑occupiers seeking immediate post‑handover rental income or a turnkey home.
Detailed description
A quality new build positioned in a strategic Ikeja location offering convenience to commercial hubs, transport links and retail amenities. The development is designed with contemporary finishes and practical features that reduce running costs and enhance security --- including solar panels and inverters, CCTV surveillance and smoke alarm systems. Each apartment will be fitted with a modern kitchen and premium finishes; buyers may opt to purchase in current specification or at the turnkey finishing price.
Full specification & features
- Unit mix: 5 × 3‑bedroom apartments;
- Internal finish: aesthetic POP ceilings, top‑grade sanitary ware and fittings, fitted kitchen (specs available)
- Safety & security: gated entrance with gatehouse, premium security provisions, close‑circuit surveillance (CCTV), smoke alarm system
- Power & water resilience: inverters + solar panels (reduces generator run time), clean water provision (borehole/water treatment to be confirmed)
- Comfort & convenience: designated parking spaces, quality floor finishes, built‑in wardrobes (where applicable)
- Servant accommodation: boys' quarters on site
- Neighbourhood: established residential/commercial area with easy access to Allen Avenue, Ikeja GRA, Ikeja City Mall, government offices and transport corridors
Title & legal
- Governor's Consent fee paid / obtained --- vendor will provide title documentation pack for verification during due diligence.
- Standard legal checks and transfer process to be undertaken by purchaser (legal fees & transfer taxes apply).
Pricing & purchase options
- As delivered (standard finish): 3‑bedroom --- ₦200,000,000
- Turnkey finishing upgrade (higher specification / turnkey handover): 3‑bedroom --- ₦250,000,000 (Clients to confirm preferred finish level at reservation stage; finishing upgrades reflected in sale contract.)
Investment highlights
- Prime Ikeja location near Allen Avenue --- high tenant demand from professionals, institutions and corporates
- Modern energy resilience (solar + inverters) reduces operating costs and increases tenant appeal
- Small block scale (6 units) ideal for owner‑occupiers seeking rental offset, or investors building a low‑management income asset
- Gov. Consent in place simplifies title transition and financing potential
Ideal buyer profile
- Residential investors seeking stable rental yield in Ikeja
- Owner‑occupiers looking for a ready new home with premium finishes
- Corporate buyers for staff accommodation / executive housing
- Property funds or private investors seeking small, high‑quality portfolios
Due diligence & documentation available
- Governor's Consent documentation and title pack (on request)
- Architectural/general arrangement drawings and unit floor plans
- Specification schedule and finishing options sheet
- Project programme and completion timetable
- Site photos and developer credentials (available on request)
Next steps & how to proceed
.
1. Submit a formal expression of interest and preferred unit/finish option.
2. Site visit and inspection by appointment.
3. Agree heads of terms and reservation deposit to secure unit.
4. Execute sale agreement and complete legal/title transfer prior to handover in Sept 2025.
Contact / Viewing
Note
All details provided by the vendor and subject to verification. Prices and completion timeframe are as stated and may be subject to contract. Prospective buyers should conduct their own legal and technical due diligence before committing.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Property Ref: 3052046 | Added On: 24 Aug 2025 | Last Updated: 24 Aug 2025 |
Market Status: Available | Type: Flat / Apartment | Bedrooms: 3 |
Bathrooms: 3 | Toilets: 4 | Parking Spaces: 3 |
Ikeja is home to the biggest Information Communications Technology market in Africa; Computer village. Muhammed International Airport is also located in Ikeja. The legendary Fela Anikulapo Kuti lived and still has all his belongings in his house which has been converted into a museum.
Ikeja is home to the largest mall on the Lagos mainland. The Ikeja City Mall, also known as ICM, is Nigeria's busiest shopping mall. Within the mall, there are numerous clothing stores, restaurants, book stores, lounges, cinemas, and other notable fun destinations.
The quality of the estates in Ikeja will blow your mind. Living within most of them means that you'd be living in the same area as highly respected government parastatals. Awuse Estate, Alausa Royal Estate, Orchid Court Estate and Brown's Court are some of the best examples.
Fela Kuti's former home, the Kalakuta Republic Museum, is a great place to learn about the musician while he was alive. The Silverbird Cinema at ICM and Viva Cinemas at Jara Shopping Mall both have recently released films. Ikeja's many parks are ideal for picnics, hangouts, get-togethers, and group meetings.
The New Afrika Shrine is an open-air entertainment centre where Fela Kuti's children perform. Rumors nightclub, Cubana, Crescendo bar, Carlsbad Lounge and nightclub, Club Invogue, Club Uno, and Liquid Lounge are some of the clubs available.
Schools in Ikeja have consistently ranked in the top positions over the years, thanks to excellent learning infrastructure and experienced teachers. Many of them adhere to the British educational system, which draws international students. Ikeja is also home to Nigerian Police Training School, the Nigerian Police College, and the Nigeria Police Training College.
Read the full area guide for Ikeja, Lagos.
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