For sale: Block of 7 nos. 2-bedroom flats + 2 shops corner piece igbo oluwo estate, ikorodu
Location: Igbo-Oluwo Estate, Ikorodu, Lagos.
One of the most sought-after residential/commercial locations in Ikorodu due to its strategic position. The estate offers seamless access and exit, bypassing the Ikorodu Garage traffic gridlock. It is a serene, fully gated estate with 24-hour security.
Property Description:
This prime corner-piece property comprises:
Main Building: A block of 7 units of spacious 2-bedroom flats
Commercial: 2 retail shops at the frontage with high visibility
Annex: An attached building with 2 additional flats at the rear
Parking: Ample parking space within the premises
The property is currently 100% tenanted, delivering immediate cash flow to the new owner.
Investment Highlights:
Strong Rental Demand: Prevailing market rent for 2-bedroom flats in the neighborhood ranges from ₦1,800,000 to ₦2,000,000 per annum, depending on finishing and facilities.
Mixed-Use Income: Combination of residential and commercial units diversifies and stabilizes income.
Prime Location: Corner piece within a high-demand, secure, and gated estate. Excellent for both owner-occupation and investment.
Immediate Returns: Fully occupied status ensures zero downtime on rental income from day one.
Asking Price: ₦150,000,000
Title: Family
Deed of Assignment
