Land for Sale in Ikotun, Lagos With keyword 'PEC'

For sale --- watch video above prime corner development site with 35 flats & 7 shops (abaranje) price: ₦260,000,000 property overview - rare corner parcel comprising two adjoining plots (combined size: 120ft x 120ft) located on a tarred road in abaranje --- high visibility and easy vehicular access. - existing improvements: a multi-unit block totaling 35 residential flats and 7 road-facing shops. - clean documents: registered survey plan and payment receipt. owner available for quick transaction. current unit breakdown - 3 units --- 2-bedroom flats - 8 units --- mini-flats - 24 units --- room & self-contained (single-room units) - 7 shops --- road facing (commercial frontage with direct exposure) why this asset stands out - corner location on a tarred road = premium visibility for retail tenants and easy ingress/egress for residents. - large scale, turnkey income stream: 35 residential units + 7 shops provide immediate rental revenue or cash-flow upside after minor renovations. - flexible redevelopment potential: ideal site for a hotel, clinic/hospital, student housing, gated residential estate or mixed-use development (subject to planning approvals). - two contiguous plots provide redevelopment scale rarely available in the area --- excellent for vertical development or phased projects. - titles in order (registered survey & receipt) enable quicker due diligence and transaction processing. investment highlights (conservative) - multi-tenancy diversification reduces vacancy risk. - value-add opportunity: refurbishment/convertible layouts can significantly increase rental income and asset value. - strong demand corridor for housing and commercial services in abaranje --- suitable for institutional or private investors. key facts at a glance - location: abaranje (on tarred road) - land size: two plots combined --- 120ft x 120ft - existing units: 35 flats + 7 shops (see unit breakdown above) - price: ₦270,000,000 (asking) ₦260,000,000 (net) - documents: registered survey plan & receipt - availability: owner alive and ready --- fast sale possible ideal buyer profile - property investors seeking immediate cashflow and value-add opportunities - developers looking for a corner site with scale for residential or commercial redevelopment - operators interested in launching a mid-size hotel, medical facility, or student housing project next steps / viewing serious buyers only. site inspections and document review by appointment. pre-qualified offers and cash-ready buyers will be prioritized. note: all information provided is accurate to the best of the seller's knowledge. buyers are advised to carry out independent due diligence. #pas...