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A highly lucrative and well-positioned 16-unit modern block of flats with two massive mini warehouses is now available for sale along a busy and commercially vibrant road in Abule Egba, Lagos, making it an exceptional investment opportunity for individuals and businesses looking to maximize real estate potential in a high-demand area. This prime property, situated on a full plot of land, is strategically located with close proximity to major bus stops, business districts, and key commercial hubs, ensuring high foot traffic, ease of access, and strong rental or commercial viability. Each apartment is equipped with prepaid meters, allowing for efficient electricity management, making it an ideal option for rental income, AirBnB, hotel, serviced apartments, or guest house operations. The spacious mini warehouses provide additional commercial potential, catering to businesses in need of storage, distribution centers, or logistics facilities, further enhancing the income-generating possibilities of the property. The location is superb, ensuring steady patronage, high demand, and rapid appreciation for both residential and commercial use. Whether you're an investor, developer, hotelier, or business owner, this property presents a golden opportunity to own a multi-functional, revenue-generating asset in one of Lagos' most dynamic and fast-growing environments. Price: ₦250M.
Property Ref: 2749197 | Added On: 03 Mar 2025 | Last Updated: 04 Mar 2025 |
Market Status: Available | Type: Block of Flats | Bedrooms: 16 |
Total Area: 670 sqm |
Abule Egba is a neighborhood with a rich cultural heritage, evident through its historical landmarks, cultural festivals, and its connection to the Yoruba people. The Unity Bridge and the presence of the Lagos Rail Mass Transit System further contribute to its significance and accessibility.
Abule Egba is an area where leisure and shopping options abound for residents and visitors alike. From well-stocked supermarkets like Blenco Shoppers Center, Coolmary Supermarket and Stores, and Justrite Superstore to local shopping complexes. In your leisure time, you can head to Micheal Beauty Care for therapeutic hair care, lavish manicures, and pedicures. Stay fit at Fitness Vision, a top-notch gym offering various facilities to keep you in shape. Whether it's retail therapy or entertainment you seek, this neighborhood has it all.
During the bustling daylight hours, Abule Egba thrives as a vibrant hub teeming with an abundance of delightful choices for dining, family-friendly escapades, and captivating establishments. Within the tapestry of Abule Egba's day-to-day life, one can discover the enchanting allure of the M25 African Events Center, the gastronomic haven of Ibile Foods & Lounge, the bustling Abule Egba Bus Terminal, and the charming ambiance of the Grand Republik Bar & Lounge.
These esteemed establishments effortlessly cater to the community's desires, ensuring an unforgettable experience within the neighborhood's welcoming embrace. So, whether you seek a haven to savor delectable cuisines, create cherished memories with your loved ones, or embark on a voyage of exploration through captivating locales, Abule Egba promises to deliver a fulfilling and enjoyable day at every turn.
In Abule Egba, education holds a place of utmost importance, with a plethora of esteemed schools that offer outstanding education to children spanning all age groups. These educational institutions not only provide a stimulating learning environment but also boast a remarkable reputation for academic excellence. Among the prominent schools in Abule Egba are the highly regarded Good Shepherd School, the globally oriented Fanlot International School, the innovative Brainfield Schools, the internationally recognized Datforte International School, the nurturing Perfect Angels Nursery & Primary School, the distinguished Queen Diana International Schools, and the progressive Evaton International School, among numerous others. These schools have gained acclaim for their unwavering commitment to delivering quality education and nurturing the unique potential of each student.
Read the full area guide for Abule Egba, Agege, Lagos.
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