For Sale: Exquisitely Built Modern 5-unit Apartment Building, Egbeda, Alimosho, Lagos | 8 Beds (Ref: 2781024)

Exquisitely Built Modern 5-unit Apartment Building

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  • Exquisitely Built Modern 5-unit Apartment Building, Egbeda, Alimosho, Lagos, Block of Flats for Sale
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  • 8 Bedrooms
  • 335 sqm Total Area

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Property Description

This exquisitely built modern 5-unit apartment building, strategically located in the vibrant and highly sought-after area of Egbeda, Lagos, presents an exceptional investment opportunity with a promising rental income potential of approximately ₦6 million annually, ensuring a steady cash flow for discerning investors. Constructed just 18 months ago, this storey building sits comfortably on half a plot of land and boasts five meticulously designed residential units, including three spacious 2-bedroom flats, a well-structured mini flat, and a comfortable self-contained apartment, all thoughtfully equipped with individual prepaid meters to ensure ease of utility management for both tenants and landlords alike. Its solid structure, modern architectural design, and prime location make it a highly attractive choice for both residential and commercial purposes, offering a seamless blend of comfort, functionality, and high returns on investment. Additionally, the property's legal documentation is fully in place, with a Registered Survey, Deed of Assignment, and Family Receipt, ensuring a hassle-free transaction process and absolute peace of mind for the buyer. With the rapidly appreciating value of properties in this area and the increasing demand for well-finished apartments, this building stands out as a golden opportunity for investors seeking long-term value and substantial profit potential.
Asking price: ₦90 million.

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Property Details

Property Ref: 2781024Added On: 21 Mar 2025Last Updated: 21 Mar 2025
Market Status: AvailableType: Block of FlatsBedrooms: 8
Total Area: 335 sqm      

Interesting Facts

Egbeda's intriguing charm can be found in its rich history and notable landmarks, such as the renowned Egbeda Market and the majestic Egbeda Clock Tower. The captivating past of the Egbeda Kingdom, intertwined with vibrant cultural festivities also contributes to the enchanting appeal of this lively community.

Leisure and Shopping

Egbeda is a neighborhood that provides an array of options to meet the leisure and shopping desires of its residents. The area features a variety of well-liked shopping centers, including Egbeda Market, Olugbenda Model Market, Divine Plaza, Jendol Superstores Egbeda, and Paradise HP. Moreover, Egbeda offers an assortment of recreational facilities, such as Chida Event Place and De Prize Event, where residents can enjoy their leisure time.

Popular Estates

Egbeda showcases an array of popular estates like Harmony Estate, Gemade Mercy Close Estate, Queens Estate, Golden Garden Estate, Compact Mini Estate, and Diamond Estate. These estates provide residents with comfortable and secure living spaces, catering to different preferences and budgets.

Day Life

Egbeda buzzes with activity during the daytime, thanks to its vibrant marketplaces, bustling commercial centers, lively street life, diverse culinary scene, educational institutions, public spaces, and transportation hubs. The markets attract people seeking a wide range of goods, while commercial centers offer a variety of stores and services. The streets are filled with shops, businesses, and food vendors, creating a dynamic atmosphere.

Eateries and restaurants cater to diverse tastes, and educational institutions contribute youthful energy. Public spaces provide opportunities for relaxation and socialization, and transportation hubs facilitate local and intercity travel. Together, these elements make Egbeda come alive with an energetic and lively ambiance during the day. Some places to explore during the day include Elite Gamers Lounge, Sweet Sensation fast food restaurant, and Royal Foodie.

Night Life

As twilight descends, Egbeda transforms into a vibrant hub brimming with energy, embracing a lively atmosphere adorned with enchanting lounge bars, captivating karaoke centers, bustling night markets, mesmerizing cultural performances, and thriving social clubs.

This exhilarating nightlife extravaganza caters to both locals and tourists, promising an unforgettable experience. Discover the allure of Rubies Lounge, the charm of Big Woman Bar, the allure of De Dems Park, the cultural haven of Kulture Bar, the captivating ambiance of Leosub Lounge, the pulsating beats of De Dems Night Club, the urban chic of Urban Lounge, and the delightful ambiance of Nefua Bar.

Schools

Egbeda boasts a rich collection of prestigious educational establishments, such as Millenium Secondary School, Masterguide School, Excellent Montessori School, Aims Model College, Greenforest School, and Toamy Hill School. Renowned for their unwavering commitment to scholastic brilliance, comprehensive growth, and fostering students' innate abilities, these educational institutions hold a pivotal position in molding the destinies of Egbeda's young minds. Through the provision of top-notch education and a nurturing atmosphere conducive to learning, these schools actively contribute to shaping the promising future of Egbeda's youth.

Read the full area guide for Egbeda, Alimosho, Lagos.

Interested in this property?

Call 0803 XXXX Show Phone
View Similar Property
Houses for sale in Alimosho, LagosBlock of Flats for sale in Alimosho, LagosBlock of Flats for sale in Egbeda, Alimosho, Lagos
Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Eniola Ogunmuyide & Partners. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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Eniola Ogunmuyide & Partners

 46, Old Ota Road, Olota, Off Ekoro Junction, Abule Egba, Lagos, Nigeria

  0803 XXXX Show Phone

  +2348033910359

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  Registered 10 years ago

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