Block Of 6 Flats In Lekki Maruwa, Lagos
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Property Description
Block of 6 Flats for Sale Lekki Maruwa, Lagos
5 Adewale Kolawole Street, Behind Pinnacle Filling Station
C of O Title ₦1.5 Billion Owner Ready to Sell
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Property Overview
- Location: 5 Adewale Kolawole Street, Lekki Maruwa, Lagos -- a quiet, well-positioned residential street behind Pinnacle Filling Station.
- Property Type: Block of 6 Flats.
- Land Size: Not specified (to be confirmed).
- Title: Certificate of Occupancy (C of O).
- Asking Price: ₦1,500,000,000.
- Price per Unit: Approx. ₦250,000,000 per flat.
- Status: Outright sale; owner motivated and ready to transact.
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Key Highlights
- Prime Lekki Maruwa Location: Maruwa is a well-established, high-demand residential area within Lekki Phase 1, offering proximity to major roads, schools, shops, and amenities.
- Strong Title Security: C of O provides bankable, transferable ownership---ideal for investor confidence and financing.
- Immediate Income Stream: 6 rental units generating ongoing income; vacant possession can be negotiated for owner occupation or repositioning.
- Motivated Seller: Owner ready to sell---streamlined negotiation and closing process.
- Rare Multi-Unit Offering: A block of flats in this micro-location is uncommon, offering portfolio investors immediate scale.
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Market Context
- Per Unit Pricing: At approx. ₦250M per flat, this is positioned within Lekki Phase 1's luxury rental and sales market.
- Comparable Context: Similar blocks of flats in Maruwa and surrounding Lekki Phase 1 streets typically list between ₦1.2B--₦1.8B depending on unit sizes, finishes, and land size.
- Rental Demand: Maruwa attracts corporate tenants, expatriates, and young professionals, supporting strong occupancy and yield potential.
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️ Investment Angles
- For the Investor: Acquire an income-generating portfolio with C of O security and room for rental growth.
- For the Developer: Potential to renovate and reposition for capital uplift.
- For the End-User: Owner-occupy one unit and lease the remaining five.
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Ideal For: Portfolio investors seeking a titled, multi-unit asset in prime Lekki; developers looking for value-add opportunities; family offices wanting stable rental income with prime address.
A rare block of 6 flats with C of O in Lekki Maruwa---owner ready to deal.
Property Details
| Property Ref: 3353494 | Added On: 21 Feb 2026 | Last Updated: 21 Feb 2026 |
| Market Status: Available | Type: Block of Flats |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 6 months ago
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