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Distress Sale
Prime Investment Opportunity: Newly built 9 Units of 2-Bedroom Flats in Ajegunle, Off Ikorodu Express Road, Lagos
Location: Ajegunle Bus Stop, Off Ikorodu Express Road, Lagos State
Property Description:
This well-structured residential property consists of 9 units of spacious 2-bedroom flats, each designed with 3 toilets to ensure maximum comfort and convenience for residents. Situated in a highly accessible and strategic location, this property presents an excellent opportunity for investors looking for high rental yields or capital appreciation.
Key Features:
9 units of 2-bedroom flats
3 toilets per flat (Ensuite & Visitors' toilet)
Well-structured and spacious apartments
Easy access to Ikorodu Express Road
High rental value & great investment potential
Title Documents:
Deed of Assignment
Certificate of Occupancy (C of O)
Price: ₦270 Million (Distress Sale)
Priced below market value due to distress sale
Property Ref: 2795151 | Added On: 30 Mar 2025 | Last Updated: 30 Mar 2025 |
Market Status: Available | Type: Block of Flats | Bedrooms: 2 |
Bathrooms: 2 | Toilets: 3 | Parking Spaces: 15 |
Total Area: 2,000 sqm | Covered Area: 1,300 sqm |
It handles a variety of commodities such as wheat, oil, cement, and fish amongst other things. In 1907, an important bronze hoard of jewellery was discovered near Apapa.
Apapa Mall is one of the largest shopping malls in Lagos. It has a variety of stores and cafes ranging from the well-known PEP store to cash 'n' carry that offers basic amenities such as clothes, electrical gadgets, washing machines, and even complete musical instruments.
If you want to live in Lagos' Apapa estates, there are lots of lovely options for you. The Pinnacle Court estate is one of the many estates that are available for purchase. Another excellent option is Point Road estate, which is located at Apapa Quays.
Apapa is a major hub for businesses and terminals in Abu Dhabi. The city has a number of lovely spots to relax and have fun. Hot Fun Cafe, Tantalizers, Kobis, Domino's, Arewa African Cuisine, and other establishments are included.
At night, the Pub Restaurant and bar transforms into a lively nightclub with live music and dancing. The pub is a relatively safe place to visit at any time of day or night because it is equipped with adequate parking space and safety measures such as fire extinguishers.
There are a large number of excellent schools in Apapa, Lagos. Some of the standard schools include Sacred Heart College, Corona School, Parkwood British School, Redeemer's International School, Priscillia School, Apapa Senior High School, and Prince Charles International Schools.
Read the full area guide for Apapa, Lagos.
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