For Sale: Massive 12 Bedroom Block Of Flats With 4 Shops, Command Junction, Ipaja, Lagos | 12 Beds (Ref: 2799217)

Massive 12 Bedroom Block Of Flats With 4 Shops

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Houses for sale in Ipaja, LagosBlock of Flats for sale in Ipaja, Lagos
  • Massive 12 Bedroom Block of Flats with 4 Shops, Command Junction, Ipaja, Lagos, Block of Flats for Sale
  • Massive 12 Bedroom Block of Flats with 4 Shops, Command Junction, Ipaja, Lagos, Block of Flats for Sale
  • Massive 12 Bedroom Block of Flats with 4 Shops, Command Junction, Ipaja, Lagos, Block of Flats for Sale
  • Massive 12 Bedroom Block of Flats with 4 Shops, Command Junction, Ipaja, Lagos, Block of Flats for Sale
  • Massive 12 Bedroom Block of Flats with 4 Shops, Command Junction, Ipaja, Lagos, Block of Flats for Sale
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  • 12 Bedrooms
  • 670 sqm Total Area

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Property Description

This strategically located property facing the main road at Command Junction, Ipaja, Lagos, offers a high-value investment opportunity with a combination of residential and commercial units. Sitting on a full plot of land, this solidly built structure comprises two units of 3-bedroom flats, two units of 2-bedroom flats, two units of mini flats, and four spacious shops, making it highly profitable for rental income. The features include very spacious apartments, ample parking space, two staircases for easy access, durable aluminum roofing sheets, aluminum windows, a fully fenced and gated compound, and a well-floored environment. The current rental value generates a total annual income of ₦8 million, with each 3-bedroom flat renting for ₦1.2M (₦2.4M total), each 2-bedroom flat renting for ₦1M (₦2M total), each mini flat renting for ₦800K (₦1.6M total), and each shop renting for ₦500K (₦2M total). This property is ideal for both commercial and residential purposes, offering strong returns on investment. The asking price is ₦125 million, and the title documents include a registered survey and Omo Onile receipts, ensuring a secure and legitimate transaction.

7845


Property Details

Property Ref: 2799217Added On: 02 Apr 2025Last Updated: 02 Apr 2025
Market Status: AvailableType: Block of FlatsBedrooms: 12
Total Area: 670 sqm      

Interested in this property?

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