10 bedroom house for sale
Ladipo Bateye Street, Ikeja GRA, Ikeja, Lagos
Notice: *direct buyer communication only* (no agents- no mandates)
for sale ---
twin duplex on 1,200 sqm --- ladipo / bateye st, ikeja gra
price: ₦1.7b
title: governor's consent
overview
prime opportunity to acquire an established residential landholding in the prestigious ikeja gra. this offering comprises two (old) duplex buildings sited on a single 1,200 sqm parcel on ladipo / bateye street. the property is being offered for sale at ₦1.7 billion and is held under governor's consent. ideal for investors seeking immediate rental income, or developers looking to redevelop a well‑located plot in one of lagos's top residential enclaves.
property summary
- property type: existing residential (two duplexes on one plot)
- land area: 1,200 sqm
- location: ladipo / bateye street, ikeja gra, lagos
- price: ₦1,700,000,000 (one billion, seven hundred million naira)
- title: governor's consent (documents available for verification)
key features & accommodation
- two solidly built duplex structures on one fenced compound --- currently habitable and suitable for immediate occupation or rental.
- spacious compound offering room for parking, landscaping and potential additional construction.
- good natural light and ventilation throughout existing buildings.
- mature, well‑maintained neighbourhood with high security and infrastructure standards.
location & transport advantages
- located in the heart of ikeja gra --- prestigious address with proximity to major commercial hubs, government offices, malls, hospitals and reputable schools.
- excellent road access to ikeja town, allen avenue and fast links to the wider lagos metro area.
- high demand area for executive housing and corporate lets.
investment & redevelopment potential
- redevelopment upside: the 1,200 sqm plot can accommodate a bespoke mid‑rise apartment scheme, luxury townhouses or a mixed residential development (subject to planning approval).
- immediate yield option: continue to let/refurbish existing duplexes while securing approvals for a phased redevelopment.
- strong capital appreciation prospects given location and limited large parcels in ikeja gra.
title & due diligence
- title: governor's consent --- certified copies available to qualified buyers and solicitors for verification.
- recommended checks: title verification, site survey, structural inspection of existing buildings, confirmation of permissible density/coverage with lagos state planning authority, geotechnical/environmental investigations (as required).
sale terms & viewing
- sale type: direct sale to qualified buyers; proof of funds required prior to release of full documentation and site inspection.
- viewings: by appointment only for pre‑qualified buyers.
- transaction process: submit loi and proof of funds; successful buyers will proceed with legal searches, negotiations and completion via standard conveyancing.
contact: mr. kola adesina (edba)
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*
ref: ef...
More details
₦1,700,000,000
The Build Centre Properties
09028190510
