Block Of 8 Flats
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Property Description
Beautiful Block of 8 Flats For Sale Off Ijegun/Ikotun Road, Lagos
₦80M Full Plot (60ft x 120ft) 8 Units Survey Plan & Family Receipt
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Property Overview
- Location: Off Ijegun/Ikotun Road, Lagos
- Property: Block of 8 Flats
- Land Size: Full Plot (60ft x 120ft)
- Asking Price: ₦80,000,000
- Documents: Survey Plan & Family Receipt
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Unit Composition
- 4 Units of 2-Bedroom Flats
- 4 Units of Mini-Flats
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Key Highlights
- 8 Income-Generating Units -- Ideal for steady rental returns
- Full Plot Advantage -- Ample space (60ft x 120ft) for parking and potential expansion
- Good Location -- Off Ijegun/Ikotun Road, a busy and accessible area
- Varied Unit Types -- Caters to different tenant budgets (2-bedroom and mini-flats)
- Growing Area -- Strong rental demand from students, workers, and young families
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Investment Value
- Total Price: ₦80 Million
- High Rental Demand -- Steady income from 8 separate units
- Potential for Appreciation -- Ijegun/Ikotun area is rapidly developing
- Good Entry Price -- Affordable for a block of 8 units in Lagos
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Title Status
- Survey Plan & Family Receipt available
- Recommended: Further verification and perfection of title advised
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Ideal For
- First-time property investors
- Landlords seeking multiple streams of rental income
- Families interested in living in one unit and renting others
- Long-term real estate investors
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Contact For
- Site inspection
- Document review
- Price negotiation
- Rental income projection
Great opportunity to own an 8-unit income property in a developing part of Lagos at an affordable price!
Property Details
| Property Ref: 3211760 | 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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