Functional 3 Bedroom Bungalow
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Property Description
This is a distress sale opportunity featuring a fully fenced property sitting on a half plot of land measuring 35 by 120 feet, comprising a functional 3-bedroom flat, a separate room and parlour self-contained unit, and an additional single room self-contained, all within a secure and developing environment. Located in the peaceful and accessible So Easy axis, close to Apata Hotel in Ayobo, Lagos, this property is ideal for residential use or rental income purposes, offering multiple streams of potential revenue from its segmented layout. The compound is well-structured and positioned in a growing area with increasing demand for accommodation, making it suitable for immediate occupancy or further renovations to increase value. With titled documents including a land receipt and red copy of the survey, the property provides the necessary foundation for secure ownership and development. Offered at a highly competitive distress price of ₦11 million, this is an excellent deal for investors and homeowners looking to secure solid real estate in Lagos.
7985
Property Details
| Property Ref: 2812426 | Added On: 10 Apr 2025 | Last Updated: 10 Apr 2025 |
| Market Status: Available | Type: Detached Bungalow | Bedrooms: 3 |
| Total Area: 390 sqm |
Interesting Facts
Megida and Isefun are two of the town's most notable sub-towns. Anchor University, a private Christian university, is located in Megida. Lagos state government has completed plans to build a world-class Lagos Cultural Heritage Centre.
Leisure and Shopping
Justrite Supermarket is a new branch that opened in 2021 and is located at Gate roundabout. If you prefer to do your grocery shopping in an open market, Ayobo Market is a good option. It's a new and expanding market that opens at 8am and closes at 6pm daily.
Popular Estates
Ayobo is one of Lagos' most affordable neighbourhoods. It is clean, well-organized, and reasonably priced. You may prefer to stay in one of the estates available for added class and security. More estate housing options are available at Abesan Estate, Nahco Estate, Peace Estate, and His Glory Estate.
Day Life
If you happen to visit Ayobo, you can enjoy a variety of locations. Ramosa Recreational Park is a full-service games village and events facility. 'Iamsmyl makeover' offers body waxing, tanning, massage, manicure, pedicure and facial treatment.
Night Life
Ami-King Nightclub is ideal for those who enjoy dancing on the dance floor. Gemini Gardens and Pub is a bar where you can unwind. Immacul8 Bar and Lounge are two other places in Ayobo to listen to music, drink, and relax.
Schools
Great Nations Ambassadors Schools is an independent coeducational day and boarding school for children aged 2-10 (reception, nursery, and primary), and 11-18. The school is located in the heart of Ayobo town and features world-class, cutting-edge infrastructure and learning aids.
Read the full area guide for Ayobo, 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 Eniola Ogunmuyide & Partners. 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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46, Old Ota Road, Olota, Off Ekoro Junction, Abule Egba, Lagos, Nigeria
0803 XXXX Show Phone
+2348033910359
Registered 10 years ago
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