Unfurnished Property for Sale in Ketu, Lagos

For sale uncompleted block --- 12 × 3‑bedroom ensuites on 3 plots (corner) --- ikosi‑ketu 1,600 sqm c of o & deed --- ₦450,000,000 price & title - asking price: ₦450,000,000 (four hundred and fifty million naira) --- slightly negotiable - title: certificate of occupancy (c of o) and deed of assignment --- originals available for verification location & site - location: ikosi‑ketu, lagos --- corner parcel with dual street frontages (faces two streets) providing excellent access, visibility and circulation for vehicles and pedestrians. - land size: 1,600 sqm (three contiguous plots) --- regular, development‑friendly footprint. - asset: uncompleted development comprising twelve (12) 3‑bedroom flats (all rooms ensuite). units are arranged across the existing structural blocks; sale is of the property as‑is (completion, fit‑out and certification to be carried out by buyer or developer). property overview high‑potential development asset in ikosi‑ketu: an unfinished residential block offering 12 spacious 3‑bedroom ensuite units on a sizeable 1,600 sqm corner site. the combination of scale, location and clear title makes this an ideal acquisition for developers, investors or owner‑operators looking to complete and reposition the asset for immediate rental income or to redevelop for a higher‑value use. key selling points - scale & configuration: 12 sizable 3‑bedroom ensuite flats --- strong product for family rental market or segmented sales. - rare site size in the precinct: 1,600 sqm on a corner with two‑street exposure --- allows flexible masterplan, additional parking, landscaping or small podium/amenity works. - title security: c of o and deed of assignment --- supports financing and rapid transaction. - versatile end‑uses: suitable for residential apartments, hostel/student accommodation, guesthouse/hotel conversion, private clinic/hospital, or a school (subject to planning and approvals). - development advantage: existing structural work reduces lead time versus a greenfield site --- faster route to cashflow once completion scope is defined. opportunities for buyer / developer - complete and lease as a mid‑market rental block targeting families and professionals. - reposition to serviced apartments or short‑stay units for higher yields. - convert or adapt for institutional use (small private school, clinic or hostel) taking advantage of corner visibility and access. - subdivide or sell units off‑plan after completion for developer exit. condition & completion notes - property is uncompleted --- buyer to inspect to ascertain current stage (structural, mep, finishes) and agree on completion scope. - recommended immediate actions for buyer: technical audit (structural & mep), prepare boq and completion cost estimate, and confirm planning envelope/approvals for intended end‑use. investment highlights - attractive acquisition price for an asset with near‑term value uplift potential following completion or conversion. - corner, dual‑frontage site increases marketability and flexibility for commercial or institutional uses. - good demand drivers in ikosi‑ketu for quality 3‑bedroom units and institutional services (health/education/hostel). documentation & due diligence pack - available to qualified buyers on request: c of o, deed of assignment, as‑built sketches (if available), site plan and any existing approvals. - recommended buyer due diligence: legal title search, structural & mep technical inspection, geotechnical review (if planning major modification), planning/zoning confirmation, and a qs boq to cost remaining works. transaction & next steps 1. submit expression of interest with proof of funds (pof) or bank reference. 2. sign nda to receive full documentation and arrange site inspection. 3. technical walkthrough with buyer's consultants to determine completion scope & costs. 4. submit formal offer and negotiate heads of terms. 5. exchange contract, deposit and complete legal conveyancing. why buy now - immediate opportunity to acquire a mid‑scale residential asset at a price that allows strong upside on completion or adaptive reuse. - corner location and land size provide strategic flexibility for a variety of high‑demand uses in the ikosi‑ketu market. viewing & contact - site inspections by appointment for qualified buyers only. proof of funds required to arrange document release and site inspection. legal & disclaimer all information provided is indicative and supplied in good faith. prospective buyers must undertake independent legal, technical and financial due diligence. price, availability and particulars are subject to change without notice. all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties note: referrals & third party agents: 2.5% comm ref: d...

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For sale- watch video above prime income‑producing property --- 6 × 3‑bed ensuite flats + bungalow (mini‑flat & self‑contain) --- apollo estate ₦275,000,000 (governor's consent) price & title - asking price: ₦275,000,000 (two hundred & seventy‑five million naira) - title: governor's consent --- originals available for verification location & land - estate: apollo estate (gated), lagos --- secure residential neighbourhood with good road access and established tenant demand - land size: 815 sqm (contiguous, regular plot) - availability: for immediate sale. property is tenanted (income producing) and presented as a turnkey investment. property description - main building: 2‑storey block comprising 6 × standard 3‑bedroom flats --- all rooms ensuite. - ancillary building: detached bungalow containing 1 × mini‑flat and 1 × self‑contain. - total units: 8 income units across the compound, all within a gated estate setting with shared compound and tenant circulation. current rental income (indicative) - 3‑bedroom flats: ₦3,000,000 per unit p.a. - 6 units × ₦3,000,000 = ₦18,000,000 p.a. - mini‑flat: ₦1,500,000 p.a. - self‑contain: ₦800,000 p.a. - current gross annual rental roll (approx.): ₦20,300,000 investment highlights - immediate cashflow: fully tenanted asset delivering predictable rental income from day one --- ideal for buy‑and‑hold investors seeking steady yields. - strong rental fundamentals: 3‑bedroom ensuite product in gated estates attracts long‑term family tenants and commands premium rents. - attractive entry price: competitive valuation in apollo estate for a large 815 sqm plot with multiple income units --- potential for yield optimisation through professional asset management. - title security: governor's consent provides a clear conveyancing route and lender friendliness for buyers seeking financing. - value‑add potential: repositioning, minor refurbishment, upselling utilities/services or professional property management can improve occupancy, rents and net operating income. potential to redevelop or add value subject to planning and estate covenants. property condition & features - unit specification: standard 3‑bedroom layouts with ensuite bathrooms --- tenant‑friendly designs. - compound: shared secure compound inside a gated estate --- parking and circulation available on site. - management: currently tenanted; tenant details, leases and rental receipts available for qualified buyers during due diligence. why buy - turnkey, income‑producing asset in a secure estate with immediate cashflow and strong landlord demand. - balanced unit mix (multiple family units plus smaller units) reduces vacancy risk and diversifies income. - solid foundation for investors, family offices, small funds and landlords seeking reliable mainland lagos yield exposure. due diligence & documents available - title: governor's consent (originals to be presented). - financials: current rent roll, tenancy agreements and payment history available to qualified purchasers. - property documents: survey plan, building sketch and any available compliance/approval documents will be provided on request. - recommended buyer checks: legal title search, structural/technical inspection, verification of tenancy and arrears, and confirmation of estate covenants. viewing & transaction process - viewings by appointment for serious, qualified buyers. proof of funds or bank reference may be required to schedule inspections and access documents. - transaction route: submit formal offer, agree heads of terms, deposit and complete legal conveyancing. buyers are advised to instruct legal counsel to manage title verification and transfer. final note this is a rare, ready‑income opportunity in apollo estate --- well suited for investors seeking immediate yield and long‑term capital appreciation. the combination of scalable rental income, clean title and estate security makes this an attractive, low‑risk acquisition for prudent buyers. all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties note: referrals & third party agents: 2.5% comm ref: d...

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