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FOR SALE
Corner Development Opportunity ---
Mixed‑Use Block (2‑Bed + Mini‑Flat + Room Self + 3 Shops) ---
Iyana Ekoro Merain, Lagos
₦37,000,000
Price & documents
- ₦37,000,000 (Thirty‑Seven Million Naira)
- Competitive net offer for quick purchase
- Title/documents: Receipt, Survey Plan and Deed of Assignment --- originals available for verification
Location & availability
- Location: Iyana Ekoro Merain, Lagos State --- corner parcel sitting directly on a tarred road, benefiting from strong frontage, visibility and easy access to local traffic corridors.
- Availability: For immediate sale. Viewing by appointment for qualified buyers.
Property overview
A versatile corner property ideal for owner‑occupation, immediate rental income or small‑scale redevelopment. The compound comprises a neat 2‑bedroom unit with POP finishing, a self‑contained mini flat, a single room self‑contain and three street‑facing shops --- combining residential accommodation with retail income potential on a tarred, high‑exposure road.
Key features
- Corner parcel with excellent road frontage and visibility --- ideal for retail, small business or residential use
- 2‑bedroom unit finished with executive POP --- comfortable family accommodation or premium rental unit
- One mini‑flat (self‑contained) --- immediate rental income potential
- One room self‑contain --- flexible for staff housing or additional rental yield
- Three (3) fronting shops --- commercial units ready for rental to traders, providing diversified income streams
- Located on a tarred road for easy access and improved marketability
Investment appeal
- Immediate cashflow: Multiple income streams from shops and self‑contained units on day one
- Mixed‑use flexibility: Hold as an income property, occupy part and rent remainder, or redevelop the corner site for increased density (subject to planning)
- Value entry point: Competitive net pricing gives upside for buyers who refurbish, reposition or aggregate nearby plots
Practical notes
- Site condition: Well maintained; internal finishes (2‑bed POP, mini‑flat fixtures) in good order --- specifics to be confirmed on inspection
- Utilities & services: Confirm mains power, water and drainage status during inspection (documents available for due diligence)
Viewing & transaction process
- Viewings: By appointment for qualified buyers --- proof of funds or bank reference may be requested to schedule inspection.
- Purchase process: formal offer, heads of terms, deposit and completion via legal conveyancing. Buyer to instruct legal counsel for title verification and transfer.
Legal & disclaimer
Information provided in this listing is indicative and supplied in good faith. Prospective purchasers must undertake independent legal, technical and financial due diligence. Price, availability and particulars may change without notice.
Ref: Olayinka
Property Ref: 3163325 | Added On: 22 Oct 2025 | Last Updated: 22 Oct 2025 |
Market Status: Available | Type: Block of Flats | Bedrooms: 4 |
Bathrooms: 4 | Toilets: 4 |
Lagos-Abeokuta Expressway passes through Alimosho. It connects Lagos State with Ogun State and is one of the most affordable places to live in Lagos. Some estimates say that its proximity to Ikeja could have played a role in its high population.
Shopping opportunities for residents are plentiful, with a sufficient number of establishments. Additionally, there are popular markets to cater to those who prefer to shop in an open-air environment. SLOT and 3C HUB cater to your mobile needs, Style House is your one-stop shop.
The Kings Court Estate is regarded as a wonderful place to raise a family by many. Gowon Estate was originally constructed to house the Nigerian legislatures in the 1980s. It provides basic amenities at a reasonable price, making it an affordable option for people from the middle class.
Alimosho is one of the most popular parts of Lagos and is a great place to visit if you are looking for a place to relax and have a good time.
If you are in the mood for chicken, there is KFC and Chicken Republic to satisfy your craving. If you are craving pizza, pick up a box from Domino's and top it off with a cup of ice cream from Cold Stone Creamery to satisfy your craving.
The Democratic Party is one of the most popular places to hang out in the city. The VIP bar is cool and inviting, and it exudes a proper nightclub atmosphere. Club Inferno is also a great choice for people who like to walk around at night. It provides a high-end clubbing experience that is also visually appealing.
With the large population that Alimosho has, it would be ridiculous if there weren't sufficient schools. Cambridge Associate School Legacy Schools provides high-quality education at secondary, preparatory, and crèche levels. The Honeyland Group of Schools is well-known for its music academy, which attracts many students.
Read the full area guide for Alimosho, Lagos.
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