For Sale: Standard Block One Bedroom Apartment And Studio, Onigbongbo, Maryland, Lagos | 1 Beds (Ref: 3001477)

Standard Block One Bedroom Apartment And Studio

  • Standard Block One Bedroom Apartment and Studio, Onigbongbo, Maryland, Lagos, Mini Flat (room and Parlour) for Sale
  • Standard Block One Bedroom Apartment and Studio, Onigbongbo, Maryland, Lagos, Mini Flat (room and Parlour) for Sale
  • Standard Block One Bedroom Apartment and Studio, Onigbongbo, Maryland, Lagos, Mini Flat (room and Parlour) for Sale
  • Standard Block One Bedroom Apartment and Studio, Onigbongbo, Maryland, Lagos, Mini Flat (room and Parlour) for Sale
  • Standard Block One Bedroom Apartment and Studio, Onigbongbo, Maryland, Lagos, Mini Flat (room and Parlour) for Sale
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Property Description

Property Overview
Project Name: Cardiff 5
Location: Onigbongbo, Maryland, Lagos
Lease Type: 17-Year Long Lease
Ideal For: Shortlet or Airbnb (Serviced Accommodation)

Unit Types & Pricing
Studio Apartment: ₦13,000,000
One‑Bedroom Apartment: ₦23,000,000
Payment Plan
50% deposit required to lock-in
Up to 3 months interest-free payment
Extension up to 5 months at 4% interest/month (after 3 months)

Price increment by :15th August 2025

Shortlet Income Potential:

Studio Apartment: ₦40,000/day (₦360,000 monthly net on 15 days occupancy)
1-Bedroom Apartment: ₦60,000/day (₦540,000 monthly net on 15 days occupancy)
Capital recoup in 4 years, with 13 years of pure profit remaining

Project Highlights:

Fully finished delivery by April 2026
Professional shortlet management team available (optional)
Renovation & maintenance fee: ₦200,000 every 3 years to retain property value.

Property Features ;
In-house gym
Lounge/waiting area
Maintenance office to attend to occupants complaints

Legal & Other Fees
What you receive:
Receipt and Deed of Sublease
Legal drafting fee options:
₦100,000 (our lawyer drafts)
₦50,000 (your lawyer partners with ours)
Renovation fee: ₦200,000 every 3 years to maintain property value


Property Details

Property Ref: 3001477Added On: 28 Jul 2025Last Updated: 28 Jul 2025
Market Status: AvailableType: Mini Flat (Room and Parlour)Bedrooms: 1
Toilets: 2Servicing: Serviced   

Interesting Facts

It is intriguing to note that within Maryland, you will find the well-known Cane Village that has been in existence for over 4 decades in Lagos.

Leisure and Shopping

Maryland has a plethora of shopping opportunities. From the popular Maryland Mall to the Onigbongbo open air market, you're sure to find all of your household items for purchase nearby.

Popular Estates

You can choose from any of the luxurious estates in Maryland. Among them are Shonibare Estate, Ikeja GRA, Onigbongbo, and Arowojobe Estate.

Day Life

To complement its reputation as the social butterfly capital of the Lagos Mainland, Maryland's daylife is full of ambience, fun, and long-lasting memories. You can see a movie at Genesis Deluxe Cinema, Eat at Essence by The Grid Restaurant or Aroydee Thai Restaurant and also hit the i-Fitness Gym.

Night Life

Everything about Maryland exudes sophistication and excitement, including its nightlife. Rumors Nightclub, Club Invogue, Club Vegas, Caribbean Knight Club, Club Uno amongst others are few of the excellent places to have a great time at night in Maryland.

Schools

In Maryland, there are numerous prestigious schools where your children can be enrolled. Howbury School, Maryland Comprehensive Secondary School, Halifield Schools, Redeemer's International Secondary School, Silverwood Schools, and Maryland Convent Private School are a few examples.

Read the full area guide for Maryland, Lagos.

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