Block of flats for sale
Block of 7 Nos. 2-Bedroom Flats + 2 Shops
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
