Self contain (single rooms) for sale
Mingles Bus Stop Axis, Ejigbo, Lagos
For sale- watch video above
high-density income generator ejigbo transport hub**location: field/mingles bus stop, ejigbo, lagos price: ₦15,000,000
urban land bank with immediate cashflow
a strategically packed quarter plot delivering 7 revenue streams through 5 single rooms + 2 self-contained units -- positioned steps from ejigbo's bustling transport nexus. ideal for investors targeting high-occupancy yields in a tenant-rich corridor. property composition
unit configuration:
- 5 single rooms: efficient layouts for student/entry-level tenants
- 2 self-contained units: room & parlour with private facilities (premium rental potential)land efficiency:
- optimized footprint on quarter plot (≈450 sqm)
- shared courtyard with independent access points
location advantage: field/mingles bus stop
tenant magnet:
- 30-second walk to major bus stop serving oshodi-airport road corridor
- demand drivers:
- proximity to ejigbo market, schools, and manufacturing clusters
- direct routes to isolo, ikotun, and lagos mainlandgrowth indicators:
- rapid densification from lagos' urban expansion
- new road projects enhancing accessibility
financial profile
- asking price: ₦15,000,000
- yield projection:
- conservative annual income: ₦1. 2m--₦1. 8m
- roi horizon: 8--12 years (exclusive of appreciation)
- value play: priced at ₦2. 14m per unit vs. ₦3m+ replacement cost
ownership & transaction
- documentation: valid purchase receipt (verifiable with seller)
- due diligence: physical inspection recommended to assess upgrade potential
- offer submission:[agent name] [phone] [email]
investment insight: a starter portfolio asset with forced-appreciation potential through unit upgrades. vacant possession available. key positioning highlights:
1. transport proximity
- "30-second walk to bus stop" quantifies tenant convenience
2. unit economics
- breaks down price per unit (₦2. 14m) to demonstrate value
3. market resilience
- targets student/worker tenants for stable occupancy
4. value-add pathway
- suggests upgrade potential for higher yields
5. urban expansion narrative
- ties to lagos' growth for long-term appreciation
ref: pas...
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₦15,000,000
The Build Centre Properties
09028190510