Detached bungalow for sale
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Multi Unit Uncompleted Storey Building
About this property
Urgent distress sale: Multi-Unit Uncompleted Storey Building at London Road, Iragunshin --- ₦14.5M Only! An incredible, high-yield investment opportunity has just opened up at the heart of London Road, Iragunshin. This uncompleted storey building is being sold urgently at a distress price, offering a massive discount below current market value due to the owner's immediate need for liquidation. The structure is solidly built up to the lintel/window level and is structurally primed for immediate roofing and completion. It sits on a well-proportioned 348 square meter plot (slightly trapezoid shape, significantly larger than a standard half-plot), offering excellent spatial optimization. Excellent multi-unit income generating layout: This property was strategically designed to maximize rental income or accommodate a large family with independent units: * Upper Floor: A spacious 3-Bedroom Apartment complete with a dedicated dining area and a convenient visitor's toilet. * Ground Floor: Features Twin (2 separate) Room & Parlor Self-Contained Apartments arranged side-by-side. * Staircase & Layout: A central staircase perfectly divides the downstairs units for maximum privacy. One of the ground-floor apartments features a premium dining room extension. Property Infrastructure & Site Advantages: * Security & Utilities: The property is fully fenced and gated, securing your building materials from day one. It is already equipped with a functional borehole infrastructure for immediate water access. * Neighborhood: Situated right on London Road, a highly accessible and strategic part of Iragunshin. The area features sparse settlements with neighbors already living comfortably around the property, ensuring the area is secure and developing fast. Verifiable title documents: Buy with 100% peace of mind. The property is free from local family issues or government acquisition: 1. Deed of Purchase (Deed of Assignment) 2. Registered Survey: The land is fully charted and officially logged at the office of the Surveyor-General. The Blue Copy is available for immediate search/verification, and the final Red Copy is currently in process. Transaction terms: This is an urgent, direct cash-out sale. * Price: ₦14,500,000 (Fourteen Million Five hundred thousand Naira) * Inspection: Physical inspections can be arranged immediately for serious buyers ready to close quickly. Opportunities with this level of multi-unit rental potential on a major road do not last long at this price. For serious inquiries or to book an immediate inspection, contact: Contact Person: Mr. Bello Phone/WhatsApp: 09026584667
Features and amenities
Power & Utilities
BoreholeSecurity & Safety
Security gate Perimeter fencingOutdoor & Communal
Car parkProperty details
Area guide — Epe
Interesting Facts
Epe is regarded as Lagos's fishing capital. A sculpture of two giant fishes, erected at the Lekki-Epe T-Junction, welcomes you to Epe. Some campuses of popular higher education institutions in Lagos can be found within t...
Leisure and Shopping
Epe is one of the most popular tourist destinations in Lagos State. Fish such as shining nose, barracuda, tilapia, red snapper, pangasius, and other seafood can be found here. There are also mini marts scattered througho...
Popular Estates
These estates are being constructed to accommodate families, individuals, and investors. They are designed with the intention of being transformed into high-end and elegant communities. Merdorf Luxury Estate is a new est...
Day Life
Epe Mangroves are one of Lagos's best-kept secrets. Epe Recreation Centre has a football field, basketball court, swimming pool, lawn tennis court, and volleyball court. Amala Express and Alamala Centre serve delectable...
Night Life
Epe has a few bars and clubs where you can meet new people and listen to great music. Joliment Bar and Deswish Bar are two other popular nightlife destinations in Epe.
Schools
Many Epe schools are dedicated to fostering children's self-esteem. De-ideal Nursery and Primary School aims to bring education closer to non-elites. Atlantic Hall School is a co-educational full-boarding secondary schoo...
Read the full area guide for Epe, Lagos
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