96 bedroom block of flats for sale
Ajao Estate, Isolo, Lagos
For sale ---watch video above
high‑yield multi‑unit asset (ajao estate, off international airport road)
prime opportunity: 32 x 3‑bedroom flats --- fully fenced & gated vacant possession c of o
location: ajao estate, off international airport road, lagosland size: 3,335 sqmtitle: certificate of occupancy (c of o) --- clean and transferableasking price: ₦2,000,000,000 (two billion naira) --- serious buyers onlystatus: vacant possession --- ready for immediate takeover or redevelopment
property overview
a rare, large‑scale residential block sitting on a substantial 3,335 sqm landholding in ajao estate --- a strategic address minutes from murtala muhammed international airport and key transport corridors. the property comprises 32 three‑bedroom flats contained within a fully fenced and gated compound, delivering an exceptional platform for immediate rental income, repositioning or large‑scale redevelopment.
why this is a compelling buy
- immediate cashflow or quick conversion: 32 sizeable 3‑bedroom units offer significant rental revenue potential from day one or can be upgraded to serviced apartments/short‑let units for premium yields.
- strategic location: proximity to the airport, major highways and commercial nodes ensures perennial tenant demand from business travellers, airline staff, renters and corporate occupiers.
- vacant possession: ready for instant occupation, refurbishment or phased development --- no tenancy baggage to slow your plans.
- secure title: c of o in place facilitates financing, speedy due diligence and a smooth transfer process.
- scale & flexibility: the large land footprint allows value‑add options --- parking, landscaping, additional blocks, or conversion into a high‑yield mixed‑use estate (subject to approvals).
investor & developer highlights
- turnkey landlord play: consolidate multiple rental streams in one asset for efficiency and higher net yields.
- repositioning upside: upgrade finishes, introduce managed services, or convert to short‑lets/serviced apartments to capture premium rates.
- redevelopment potential: scale permits higher density schemes or mixed‑use redevelopment to maximise capital appreciation (subject to planning).
- ideal for hmo operators, corporate housing providers, property funds, developers and institutions seeking a landmark asset.
key features at a glance
- 32 x 3‑bedroom flats --- consolidated in one compound
- land size: 3,335 sqm --- room for expansion and value‑add works
- fully fenced and gated compound --- secure and private
- title: c of o --- clean and finance‑friendly
- vacant possession --- immediate control for buyer
viewing & transaction
- viewings strictly by appointment. qualified and time‑sensitive offers will be prioritised.
- full documentation (c of o, plans, site details) available to vetted buyers under nda.
- we provide transaction support including title verification, introductions to legal and finance partners, and assistance with valuation and redevelopment feasibilities.
contact the build centre properties
serious investors: secure a commanding multi‑unit asset close to the airport --- scale, location and clean title combine to create a rare opportunity. act quickly; opportunities of this magnitude in ajao estate are limited. give us half a try and get a full return.
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₦2,000,000,000
The Build Centre Properties
09028190510