Multi Unit Block Of Flats
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Property Description
FOR SALE --- WATCH VIDEO ABOVE
INVESTMENT OPPORTUNITY @ NEW LONDON ESTATE, BARUWA IPAJA
Type: Multi‑unit block on Half Plot (Residential)Location:
New London Estate, Baruwa --- Ipaja, Lagos (Just 2 houses to the tared road)
Land Size: Half plot
Title/Document: Family Receipt & Deed of Assignment (available for verification)
Price: ₦50,000,000 (Serious Buyers Only)
Property Snapshot
- Built units:
- 4 x Mini‑flats (self‑contained)
- 2 x Room & self‑contained units
- Solid, compact investment ideal for immediate rental income or value‑add refurbishment.
- Prime positioning: only two houses from the tarred road --- excellent access, visibility and tenant demand.
Why buy this property
- Ready cashflow: multiple self‑contained units in one lot deliver immediate rental returns and low vacancy risk.
- Strategic location: Baruwa‑Ipaja is a high‑demand residential corridor with steady rental uptake from workers and families. Proximity to a tarred road enhances accessibility and resale value.
- Low entry price: ₦50M presents an attractive yield play for first‑time investors or portfolio buyers.
- Clean transaction path: Family Receipt and Deed of Assignment available to expedite transfer.
Potential Uses & Upside
- Hold as buy‑to‑let for stable monthly income.
- Minor refurbishment and re‑let at a premium for increased yield.
- Convert or redevelop (subject to approvals) for higher density rental product.
Viewing & Offers
- Viewings strictly by appointment. Qualified and immediate offers prioritised.
- Full documentation available for inspection to serious buyers.
Contact The Build Centre Properties
Compact, income‑generating and perfectly located --- this New London Estate property is a smart, affordable acquisition. Act quickly; opportunities at this price in Baruwa‑Ipaja move fast.
Give us half a try and get a full return.
Property Details
| Property Ref: 3223029 | Added On: 26 Nov 2025 | Last Updated: 26 Nov 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 6 |
| Bathrooms: 6 | Toilets: 6 | Total Area: 580 sqm |
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by The Build Centre Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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21 Mojidi Street, Ikeja, Lagos, Nigeria
0902 XXXX Show Phone
+2347049744444
Registered 1 year ago
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