Block of flats for sale
4 Units Block of 3 Bedroom Flats
Premium 4-unit block of 3-Bedroom Flats Heritage Estate, alagbole- akute Executive Summary a rare trophy asset within the secure and serene Heritage Estate, Alagbole-Akute This purpose-built block comprises 4 units of spacious 3-bedroom flats, finished to a high standard and designed for both luxury residential living and institutional-grade rental yield. Property Features Spacious & Modern Accommodation: Each flat comprises a large living/dining area, 3 well-appointed bedrooms, modern fitted kitchen with premium sanitary wares, and en-suite facilities. Premium Infrastructure: Exterior finished with smooth cement screed, architectural daylight-white solar lights, industrial borehole with submersible pump, 5 prepaid smart meters, dedicated generator house, and canopy carport. Security & Convenience: Located within a gated estate with 24/7 security and access control. Property-specific features include CCTV surveillance on all 4 corners and dual access gates. Ample parking provided on front, side, and rear with a landlord/tenant segregation layout to ensure privacy. Resident Amenities: Separate visitors' toilet for each flat. Well-landscaped and maintained common areas. Location Advantage Strategically located off Alagbole-Akute Road. Provides seamless access to Ojodu Berger, Ikeja, Lagos Mainland, and the Lagos Island. The estate is in a fast-developing corridor with high demand from executives and upwardly mobile families seeking to avoid city-center congestion while maintaining connectivity. Investment Highlights Strong Rental Income: Market rent for 3-bedroom flats in this corridor exceeds ₦2,000,000 per annum. Full occupancy presents a gross annual income in excess of ₦8,000,000. Value-Add / Expansion: Significant land space at the rear allows for future development of 2 additional units of 2-bedroom flats, to further scale roi. Stable Environment: Heritage Estate benefits from stable power supply, good road network, and a reputation as one of Alagbole's most sought-after gated communities. Immediate Yield: Property is primed for immediate occupation and rental. Title & Documentation Deed of Assignment Registered Survey Plan Land Purchase Receipt Clean, verifiable and due diligence ready. Ideal For: Discerning investors, portfolio landlords, executives, and families seeking security, comfort, and capital appreciation in a prime Ogun/Lagos corridor.