Block of flats for sale
Castia Estate, Abijo, Lekki, Lagos
Listing titledistress sale --- multi‑unit compound in casia estate, abijo (lekki‑epe) governor's consent ₦250,000,000 (negotiable)
overviewurgent sale --- excellent investment or owner‑occupier opportunity in casia estate, abijo (direct access to lekki‑epe expressway). this well‑configured compound offers multiple income streams and redevelopment upside in a prime, fast‑growing lekki neighbourhood. titled by governor's consent and offered at a motivated price, the property suits investors, operators or end‑users seeking residential, short‑let, hospitality or institutional use.
property summary
- location: casia estate, abijo --- direct access to lekki‑epe expressway, lekki corridor, lagos
- title: governor's consent (certified copy available on request)
- asking price: ₦250,000,000 (two hundred and fifty million naira) --- negotiable (distress sale)
- status: vacant / immediate possession available (confirm on inspection)
accommodation & key features
- 2 × 3‑bedroom flats --- all en‑suite
- 3 × 1‑bedroom flats --- all en‑suite
- 1 × self‑contained unit
- 1 × standalone 2‑room bungalow (ensuite)
- spacious compound with ample parking and external circulation
- practical block layout enabling immediate rental income or conversion for alternative uses
- redevelopment potential: site can accommodate an additional building of up to 4 flats (subject to planning approval)
why this property is attractive
- diversified income potential: multiple self‑contained units provide immediate cashflow or flexible owner‑occupation options.
- strong location: abijo/casia estate benefits from rapid residential growth, good access to lekki‑epe expressway and proximity to amenities and labour pools.
- versatile use cases: suitable for residential investment, short‑let/serviced apartments, boutique hotel, clinic/medical facility or a small private school (subject to approvals).
- value buy: distress sale pricing offers upside for refurbishment, professional management or modest redevelopment.
potential uses (subject to planning)
- buy‑to‑let residential portfolio / block letting
- short‑let / serviced apartments for executives and visitors
- boutique hotel or guest house conversion
- private school, daycare or training centre
- medical clinic / outpatient facility
due diligence & next steps (recommended)
- title verification: request certified governor's consent and instruct a solicitor for chain‑of‑title checks and searches.
- site inspection: physical inspection to confirm unit condition, utilities, parking and scope for additional building.
- technical: condition survey (roof, mep, plumbing/electrical) and basic snagging report recommended.
- planning: confirm permissible uses, coverage and any estate bye‑laws or local authority conditions.
- financial: request historical rental roll (if any), operating costs and service charge details (if applicable).
sale process & viewing
- distress sale: owner needs a swift transaction --- priority will be given to qualified cash or finance‑ready buyers.
- viewings: by appointment only to pre‑qualified parties. proof of funds / bank reference required before site access and full document release.
- offers: submit a letter of intent (loi) with buyer/company profile and evidence of funding; shortlisted buyers will be provided full documentation and invited for inspection.
- transfer: standard solicitor‑led conveyancing; buyer to budget for legal fees, stamp duty and registration.
contactto request certified title copies, receive photos, arrange an urgent inspection or submit an loi, contact:
[agent / seller name]phone: [insert phone number]email: [insert email address]
serious buyers only. all information herein is provided in good faith and must be independently verified during due diligence. availability and price are subject to prior sa...
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₦250,000,000
The Build Centre Properties
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