Mixed-use Residential Bungalow Building On Offer
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Property Description
FOR SALE- WATCH VIDEO ABOVE
Huge Income Generator: Dual-Unit Gem on Quarter Plot in Egan Igando**
Price: ₦22,000,000
Property Highlights
Strategic Roadside Location: Steps from Isuti Road, Egan Igando -- prime accessibility to markets, schools & transport hubs. Turnkey Dual-Income Setup:
- Front: 2-Bedroom Flat (ideal for families)
- Rear: Self-Contained Room & Parlor (perfect for students/professionals) Zero Maintenance Compound: Fully fenced, gated, and flooded (paved) for all-weather use + pumping machine for reliable water supply. Documentation Ready: Valid Survey Plan & Purchase Receipt for seamless transfer.
Investment Perks
- Instant Cash Flow: Rent both units simultaneously -- target diverse tenant pools.
- Roadside Advantage: High demand from commuters and local businesses.
- Affordable Equity: ₦22M net price unlocks Lagos real estate at liquidation value.
- Expansion Potential: Convert space for shop or storage (subject to approvals).
Key Features
- Land Size: Quarter plot (30ft × 60ft) -- optimized layout.
- Structures:
- 2-Bedroom Flat (front)
- 1 Room & Parlor Self-Contain (rear)
- Compound: Full fencing, automated gate, paved surface, water pump.
- Location: 2 mins from Egan-Igando main road.
Financial Edge
- Total Ask: ₦25M Serious Buyer Price: ₦22M NET
- Yield Estimate: Combined ₦500k--₦700k/year rental income.
- Appreciation: Igando's infrastructure boom guarantees 20%+ annual land value growth.
Act Now -- Roadside Rare!
Ideal for first-time investors or owner-occupiers seeking rental offsets. No renovation needed -- just keys and cashflow!
Secure Your Inspection:
Why This Shines
- Clarity: "2 units + paved compound" = move-in-ready appeal.
- Urgency Hook: ₦22M net targets cash buyers (₦3M discount!).
- Location Precision: "Close to main road" = tenant magnet.
- Water Security: Pumping machine solves Lagos' top utility headache.
#pastor
Property Details
| Property Ref: 3228668 | Added On: 29 Nov 2025 | Last Updated: 29 Nov 2025 |
| Market Status: Available | Type: Detached Bungalow | Bedrooms: 4 |
| Bathrooms: 4 | Toilets: 4 | Total Area: 150 sqm |
Interesting Facts
Lagos-Abeokuta Expressway passes through Alimosho. It connects Lagos State with Ogun State and is one of the most affordable places to live in Lagos. Some estimates say that its proximity to Ikeja could have played a role in its high population.
Leisure and Shopping
Shopping opportunities for residents are plentiful, with a sufficient number of establishments. Additionally, there are popular markets to cater to those who prefer to shop in an open-air environment. SLOT and 3C HUB cater to your mobile needs, Style House is your one-stop shop.
Popular Estates
The Kings Court Estate is regarded as a wonderful place to raise a family by many. Gowon Estate was originally constructed to house the Nigerian legislatures in the 1980s. It provides basic amenities at a reasonable price, making it an affordable option for people from the middle class.
Day Life
Alimosho is one of the most popular parts of Lagos and is a great place to visit if you are looking for a place to relax and have a good time.
If you are in the mood for chicken, there is KFC and Chicken Republic to satisfy your craving. If you are craving pizza, pick up a box from Domino's and top it off with a cup of ice cream from Cold Stone Creamery to satisfy your craving.
Night Life
The Democratic Party is one of the most popular places to hang out in the city. The VIP bar is cool and inviting, and it exudes a proper nightclub atmosphere. Club Inferno is also a great choice for people who like to walk around at night. It provides a high-end clubbing experience that is also visually appealing.
Schools
With the large population that Alimosho has, it would be ridiculous if there weren't sufficient schools. Cambridge Associate School Legacy Schools provides high-quality education at secondary, preparatory, and crèche levels. The Honeyland Group of Schools is well-known for its music academy, which attracts many students.
Read the full area guide for Alimosho, Lagos.
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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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