30 bedroom block of flats for sale
Agege, Lagos
For sale ---
major multi‑unit asset (omotoye estate, agege)a rare, income‑dense landbank primed for yield, scale and redevelopment
location: omotoye estate, agege, lagosland size: 2,305 sqmasking price: ₦800,000,000 (serious investors only)documents: available on request
property snapshot
- substantial multi‑block residential complex on a large 2,305 sqm parcel comprising:
- block a: 5 x 3‑bedroom flats + 1 warehouse
- block b: 6 x 3‑bedroom flats
- blocks c & d: 4 x 2‑bedroom flats each (8 x 2‑bedroom units)
- total: 19 residential units plus an on‑site warehouse --- consolidated ownership, single management point.
- well‑positioned within omotoye estate --- an established residential pocket with excellent tenant catchment and accessibility.
why this is music to an investor's ears
- immediate, diversified cashflow: 19 units across 2‑ and 3‑bedroom configurations deliver instant rental income and low vacancy risk.
- scale & operational efficiency: single‑owner, multi‑block asset reduces management overheads and unlocks economies of scale for maintenance, leasing and utility management.
- development optionality: large contiguous land parcel offers clear upside --- refurbishment for higher rents, repositioning to serviced apartments/short‑let, or phased redevelopment to increase density and capital value (subject to approvals).
- institutional appeal: size and modular unit mix suit portfolio buyers, developer groups or investor funds seeking plug‑and‑play rental assets with value‑add potential.
- location fundamentals: agege remains a high‑demand residential corridor for commuters and working professionals --- steady occupancy and strong rental demand.
key features & benefits
- 19 income‑producing units + warehouse --- diversified income streams in one acquisition
- large 2,305 sqm footprint --- room for parking, amenities or future expansion
- flexible uses: rent as is, convert to serviced apartments, or redevelop for higher density
- centralised management opportunity --- lower opex per unit versus scattered assets
- attractive scale for refinance, portfolio aggregation or institutional buyout
suggested investor uses
- hold as a high‑yield rental portfolio with immediate returns
- reposition to short‑let or serviced apartment model for premium nightly rates
- redevelop or add floors (subject to planning) to unlock substantial capital gain
- lease the warehouse for supplementary commercial income
viewing & offers
- viewings strictly by appointment. we prioritise qualified and time‑sensitive offers.
- full documentation, rent roll (where available), and site plans provided to serious investors for expedited due diligence.
contact the build centre properties
opportunity of this scale in agege is rare --- consolidated, income‑dense and development‑ready. arrange a site visit today and let this asset start working for your portfolio. give us half a try and get a full return.
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₦800,000,000
The Build Centre Properties
09028190510