Block of flats for sale
5 Adewale Kolawole Street, Behind Pinnacle Filling Station, Lekki Phase 1, Lekki, Lagos
Block of 6 flats for sale lekki maruwa, lagos
5 adewale kolawole street, behind pinnacle filling station
c of o title ₦1.5 billion owner ready to sell
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property overview
- location: 5 adewale kolawole street, lekki maruwa, lagos -- a quiet, well-positioned residential street behind pinnacle filling station.
- property type: block of 6 flats.
- land size: not specified (to be confirmed).
- title: certificate of occupancy (c of o).
- asking price: ₦1,500,000,000.
- price per unit: approx. ₦250,000,000 per flat.
- status: outright sale; owner motivated and ready to transact.
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key highlights
- prime lekki maruwa location: maruwa is a well-established, high-demand residential area within lekki phase 1, offering proximity to major roads, schools, shops, and amenities.
- strong title security: c of o provides bankable, transferable ownership---ideal for investor confidence and financing.
- immediate income stream: 6 rental units generating ongoing income; vacant possession can be negotiated for owner occupation or repositioning.
- motivated seller: owner ready to sell---streamlined negotiation and closing process.
- rare multi-unit offering: a block of flats in this micro-location is uncommon, offering portfolio investors immediate scale.
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market context
- per unit pricing: at approx. ₦250m per flat, this is positioned within lekki phase 1's luxury rental and sales market.
- comparable context: similar blocks of flats in maruwa and surrounding lekki phase 1 streets typically list between ₦1.2b--₦1.8b depending on unit sizes, finishes, and land size.
- rental demand: maruwa attracts corporate tenants, expatriates, and young professionals, supporting strong occupancy and yield potential.
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️ investment angles
- for the investor: acquire an income-generating portfolio with c of o security and room for rental growth.
- for the developer: potential to renovate and reposition for capital uplift.
- for the end-user: owner-occupy one unit and lease the remaining five.
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ideal for: portfolio investors seeking a titled, multi-unit asset in prime lekki; developers looking for value-add opportunities; family offices wanting stable rental income with prime address.
a rare block of 6 flats with c of o in lekki maruwa---owner ready to de...
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₦1,500,000,000
Ac Valour International
08036503218