For Sale: Mixed-use 1 X 3 Bedroom Flat + 1 Large Shop On Offer, Megida, Ayobo, Lagos | 3 Beds, 3 Baths (Ref: 3177160)

Mixed-use 1 X 3 Bedroom Flat + 1 Large Shop On Offer

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Property Description

FOR SALE
Mixed‑Use Property --- 1 x 3‑Bedroom House, 1 x Mini‑Flat & 1 Large Shop ---
Dangote Bus Stop, Alaja Road, Megida, Ayobo, Lagos
Price
₦42,000,000 (Forty‑Two Million Naira)

Summary
Excellent mixed‑use opportunity in a busy Ayobo location --- one 3‑bedroom house, one self‑contained mini‑flat and a large shop on a single compound close to Dangote bus stop, Alaja Road, Megida. Supported by family receipt, survey plan and deed of assignment, this property is suitable for owner‑occupiers who want rental income, retail operators or investors seeking steady returns from both residential and commercial tenants. Priced to sell at ₦42M.

Property Highlights

- Units on site:
- 1 x 3‑bedroom house (layout ready for family occupancy or rental)
- 1 x self‑contained mini‑flat (ideal for single/two‑person tenancy)
- 1 x large shop (strong commercial frontage and visibility)
- Location: Dangote bus stop, Alaja Road, Megida, Ayobo, Lagos --- high footfall and excellent access to public transport
- Title & documents: Family receipt, survey plan and deed of assignment --- available for inspection and legal verification
- Use case: Ideal for owner‑occupier with income‑generating outbuilding, retail operator, or small investor seeking mixed income streams
- Price: ₦42,000,000

Detailed Description
This versatile property occupies a convenient position in Megida, Ayobo, directly serving local commuter traffic and neighbourhood demand. The 3‑bedroom house provides comfortable accommodation and can be lived in or rented immediately. The mini‑flat offers an additional rental unit for supplementary income, while the large shop at the front presents a valuable commercial asset suitable for retail, service business or can be leased to generate steady cash flow.

The property's proximity to Dangote bus stop and Alaja Road enhances visibility and customer access for the shop and makes the residential units attractive to tenants who rely on public transport. The compound arrangement creates flexibility for combined residential and commercial use, and potential to reconfigure or upgrade the units to increase yield.

Location & Accessibility

- Situated at Dangote bus stop, Alaja Road --- core local transport hub in Megida/Ayobo
- Easy access to nearby markets, schools, places of worship and public transport routes serving Ayobo and surrounding communities
- High pedestrian and commuter traffic benefiting retail performance of the shop

Title & Documentation

- Documents available: Family receipt, survey plan and deed of assignment
- Buyers are advised to carry out standard legal due diligence and instruct solicitors for title regularisation/transfer as required

Investment & Value Proposition

- Mixed residential and commercial income --- diversified revenue stream from one asset
- Prime micro‑location close to bus stop increases rental demand and shop footfall
- Affordable entry price for investors or small business owners looking to establish a permanent retail presence in Ayobo

What's Included

- The property as described: 3‑bedroom house, mini‑flat and large shop on the compound
- Title documents: family receipt, survey plan, deed of assignment (to be inspected by interested parties)

Note
Information provided in this listing is in good faith. Prospective buyers should perform full legal and physical due diligence, including verification of title documents and an on‑site inspection, prior to completing any purchase.
Ref: Sango


Property Details

Property Ref: 3177160Added On: 30 Oct 2025Last Updated: 30 Oct 2025
Market Status: AvailableType: HouseBedrooms: 3
Bathrooms: 3Toilets: 4   

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.

Interested in this property?

Call 0902 XXXX Show Phone
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