For Sale: Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos | 3 Beds, 3 Baths (Ref: 2694719)

Luxury 3-bedroom Furnished Apartment

  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
  • Luxury 3-bedroom Furnished Apartment, Off Spar Road, Ikate Elegushi, Lekki, Lagos, Flat / Apartment for Sale
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Property Description

This luxury fully furnished 3-bedroom flat offers a rare combination of elegance, comfort, and investment potential in the vibrant and upscale district of Ikate, Lekki. Located Off Spar Road, this prime property boasts proximity to several high-end residential and commercial establishments, making it an ideal choice for investors or homebuyers seeking convenience and prestige.

- Type: Fully Furnished 3-Bedroom Flat Apartment
- Location: Off Spar Road, Ikate, Lekki, Lagos
- Asking Sale Price: ₦350,000,000.00
- Market Price: ₦357,000,000.00
- Annual Rental Rate: ₦10,000,000.00
- Short-Let Rate: ₦120,000.00 per night
- Amenities: Fully Fitted Gourmet Kitchen, Balcony, 24/7 Power Supply, Air Conditioning,
DSTV
- Facilities: 2 Parking Spaces, 3 Bathrooms, 4 Toilets, BQ

Investment Highlights:
- Strategic Location: Ikate, Lekki is one of Lagos' most sought-after neighborhoods, offering a dynamic blend of luxury living and convenience. Surrounded by landmarks such as Ritz Apartment, Chinbell Luxury Hotel & Suites, and HydePark Apartments, this property is well- positioned for short-let and long-term rental income. The major access roads, Palm Springs Road and Ayinke George Street, provide easy connectivity to other parts of Lekki and Victoria Island.
- Below Market Value: Priced at ₦350,000,000.00, the property is slightly below the market price of ₦357,000,000.00, giving immediate value to any buyer.
- Rental and Short-Let Income: With an annual rental rate of ₦10,000,000.00 and a short- let rate of ₦120,000.00 per night, this property offers multiple streams of income potential. This makes it a highly attractive asset for investors looking for both long-term and short- term rental yields.
- Growth Potential: The property has an anticipated upward potential of 2.28% within the first year, offering modest but steady capital appreciation in a premium location


Property Details

Property Ref: 2694719Added On: 31 Jan 2025Last Updated: 31 Jan 2025
Market Status: AvailableType: Flat / ApartmentBedrooms: 3
Bathrooms: 3Toilets: 4Furnishing: Furnished

Interesting Facts

Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.

Leisure and Shopping

Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.

Popular Estates

Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs. 

Day Life

Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.

Night Life

Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.

Schools

Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.

Read the full area guide for Lekki, Lagos.

Interested in this property?

Call 0707 XXXX Show Phone
Disclaimer

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