Block Of 6 Flats
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Property Description
Beautiful Block of 6 Flats For Sale at Governors Road, Ikotun, Lagos
₦160M Asking Price 6 Units Good Title Documents
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Property Overview
- Location: Governors Road, Ikotun, Lagos
- Property Type: Block of 6 Flats
- Total Units: 6
- Asking Price: ₦160,000,000
- Title Documents: Receipt, Survey & Deed of Assignment
- Condition: Well-maintained and ready for occupation
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Unit Breakdown
- Main Building: 4 Units of 2-Bedroom Flats
- Back Building: 1 Unit of 3-Bedroom Flat
- Front Building: 1 Unit of 2-Bedroom Flat
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Key Features
- Multiple Income Streams -- 6 separate units ideal for rental income
- Good Title Documents -- Receipt, Survey & Deed of Assignment available
- Prime Location -- On Governors Road, Ikotun, a well-developed area
- Flexible Living Options -- Mix of 2 & 3-bedroom units suitable for various tenants
- Well-Maintained -- Property in good condition, minimal renovation needed
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Location Benefits
- Easy access to major roads and transport routes
- Close to markets, schools, and business areas in Ikotun
- Growing residential community with good amenities
- High rental demand from families and professionals
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Investment Value
- Asking Price: ₦160 Million (Negotiable)
- Strong Rental Yield -- Multiple units provide steady monthly income
- Price Per Unit: Approximately ₦26.6 Million per flat
- Growth Potential -- Ikotun continues to develop with rising property values
- Good Documentation -- Clear pathway to perfect title
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Ideal For
- Real Estate Investors
- Property Landlords
- Extended Family Living
- Portfolio Diversification
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Contact For
- Property Inspection
- Document Verification
- Price Negotiation
- Rental Income Projection
Excellent opportunity to own a ready income-generating property in well-established Ikotun neighborhood!
Property Details
| Property Ref: 3211754 | Added On: 20 Nov 2025 | Last Updated: 20 Nov 2025 |
| Market Status: Available | Type: Residential Land |
Interesting Facts
Ikotun hosts West Africa's most visited religious tourism site; The Synagogue Church of All Nations and is home to one of Lagos state's largest marketplaces; Ikotun Market. The popular Nigerian singer and songwriter, Adekunle Gold was also raised in the neighbourhood.
Leisure and Shopping
Ikotun Market is one of the largest markets in Lagos State and is available to cater to the shopping needs of its residents. KAF Mall, Twins Faja Supermarket and Sengabis Supermarket are indoor shopping options within the area.
Popular Estates
Given the large population of people that reside in Ikotun, it would be absurd if there were not enough housing alternatives in the vicinity. Peace Estate, as the name suggests, is a very serene option whereas Adams and Diamond Estates provide reasonably priced properties.
Day Life
Ikotun is a wonderful area to visit if you want to unwind. Watch a movie at Filmworld Cinemas, cool off at the pool in Brainfield Event Centre, dine at Food City and Dominos Pizza or enjoy ice cream at Coldstone Creamery.
Night Life
Even at night, Ikotun bustles with activity. Popular nightlife spots include Ace Lounge, The Place, Club Hardrock, and The Leo Club.
Schools
Crestview International Schools, which includes a crèche, nursery, primary, and secondary school, is one of the most well-known schools in Ikotun. Other prominent schools in the area include Fortune Private Schools, Solid Steps International School, and Molan Schools.
Read the full area guide for Ikotun, Lagos.
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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 3 months ago
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