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FOR SALE- WATCH VIDEO ABOVE
Block of Four 3‑Bedroom Flats ---
Omark Bus Stop, Igando, Lagos
(C of O)
Price
₦75,000,000 (Seventy‑Five Million Naira)
Summary
Income‑producing investment located a few minutes' walk from the main road at Omark Bus Stop, Igando. The property comprises four (4) well‑appointed 3‑bedroom flats, each fitted with prepaid meters. The block sits on almost a full plot within a serene neighbourhood and is sold with a Certificate of Occupancy (C of O). All units are currently tenanted --- an excellent turn‑key rental asset for investors seeking steady cash flow.
Property Highlights
- Property type: Block of 4 units --- each a 3‑bedroom flat
- Tenancy: No vacant flat (all units occupied) --- immediate rental income stream
- Utilities: Prepaid meters installed for each unit (easy revenue collection)
- Plot: Almost full plot of land --- compound space for parking/amenity use
- Location: Omark Bus Stop, Igando --- short walk to main road and public transport
- Environment: Serene residential setting with good neighbourly character
- Title: Certificate of Occupancy (C of O) --- clean and transferable
- Asking price: ₦75,000,000
Detailed Description
This ready‑income property comprises four solid 3‑bedroom flats arranged on a single plot in a quiet part of Igando. Units are tastefully finished and currently occupied, providing immediate rental returns. The presence of prepaid meters simplifies utility collection and reduces billing disputes. The compound offers outdoor space and potential for parking or modest landscaping improvements to further increase tenant appeal.
Located a short walk from the main road at Omark Bus Stop, the property benefits from convenient access to public transport, local markets, schools and other neighbourhood amenities --- making it attractive to working families and long‑term tenants.
Location & Accessibility
- Situated at Omark Bus Stop, Igando --- easy access to bus routes and major commuter corridors
- Few minutes' walk to the main road --- excellent for tenant mobility and quick access to commercial centres
- Close to schools, shops, places of worship and essential services
Title & Documentation
- Title: Certificate of Occupancy (C of O) --- ready for transfer to the buyer
- All relevant documents will be made available to serious buyers, solicitors or authorized agents for verification
Investment & Value Proposition
- Immediate rental income: all units occupied --- cash‑flow positive from day one
- Low operational friction: prepaid meters on every unit streamline utility management
- Strong tenant demand: location close to transport and amenities supports sustained occupancy
- Upside potential: minor upgrades, branding as serviced flats or optimized rent reviews can boost yields
What's Included
- The block of four 3‑bedroom flats on the stated plot
- Prepaid meters installed in each unit
- Certificate of Occupancy (C of O) and supporting title documents (available for inspection)
Recommended Next Steps for Interested Buyers
- Request the tenancy schedule and current rent roll to assess income and lease terms
- Arrange a private site inspection to confirm unit condition and compound size
- Submit proof of funds or formal expression of interest to schedule document review with the seller's solicitor
- Engage your legal adviser to perform title search and verification ahead of transfer
Viewing & Contact
Serious buyers and accredited agents are invited to schedule a viewing and document review. Please provide your preferred contact details and available times so we can arrange a private inspection.
Note
All information is provided in good faith and prospective buyers are advised to carry out full legal and physical due diligence, including verification of tenancy agreements and C of O status, prior to purchase.
Ref: Efosa
| Property Ref: 3173799 | Added On: 28 Oct 2025 | Last Updated: 29 Oct 2025 |
| Market Status: Available | Type: House | Bedrooms: 9 |
| Bathrooms: 9 | Toilets: 12 |
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.
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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.
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Read the full area guide for Alimosho, Lagos.
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