16 bedroom flat / apartment for sale
Shagari Estate, Ipaja, Lagos
For sale- watch video above
block of four 4‑bedroom flats on full plot ---
e‑close shagari estate (behind ecobank),
federal gate, ipaja, lagos
price
asking: ₦110,000,000
summary
high‑yield investment opportunity: a block of four very spacious 4‑bedroom flats on a full plot in a fenced, gated and floored compound. located at the back of ecobank, e‑close shagari estate (federal gate), ipaja --- suitable for both residential and commercial use. title: allocation paper. priced to sell at ₦100m net for motivated buyers.
property highlights
- property type: block of four (4) units --- each a 4‑bedroom flat (spacious layout)
- plot: full plot of land (compound fenced, gated and floored)
- location: behind ecobank, e‑close shagari estate, federal gate, ipaja, lagos
- use: suitable for residential occupation or commercial rental (hostel, serviced apartments, corporate housing)
- condition: well‑finished, ready for immediate tenancy or occupancy (view to confirm interior finishes)
- title document: allocation paper (available for inspection)
- price: ₦110,000,000 asking --- ₦100,000,000 net
detailed description
presenting a purposefully designed block of four large 4‑bedroom flats on a single full plot in a secure and accessible part of ipaja. each unit is generously proportioned, offering comfortable family accommodation and flexible layout options for tenants or owner‑occupiers. the fenced and gated compound provides privacy and security; the floored compound ensures low maintenance and good curb appeal.
this asset is attractive to investors seeking steady rental income, property managers looking to expand a portfolio, and developers who may consider value‑add upgrades or short‑term refurbishments to increase returns. its proximity to commercial establishments, banks and transport links enhances tenant demand and occupancy prospects.
location & accessibility
- located behind ecobank at e‑close shagari estate, federal gate, ipaja --- a recognizable landmark area
- convenient access to major roads and public transport networks serving ipaja and surrounding districts
- close to schools, markets, places of worship and daily amenities, supporting strong rental demand from families and workers
tenure & documentation
- title: allocation paper --- buyer to conduct due diligence and proceed with conversion to registered conveyance/c of o as required
- all documents will be made available for inspection by serious buyers, solicitors or appointed agents
investment & value proposition
- strong rental yield potential due to four large 4‑bedroom units on one plot --- multiple income streams from a single asset
- flexible use-case: long‑term family lets, corporate housing, student accommodation or short‑term serviced apartments
- fenced and gated compound increases marketability and tenant security, helping maintain high occupancy
- opportunity to add value through renovation, rebranding or subdivision (subject to planning and estate rules)
what's included
- the block of four flats on the full plot, compound fencing/gates and floor tiling as stated
- allocation paper will be provided for buyer verification and due diligence
recommended next steps (for interested buyers)
- arrange a private site inspection to verify unit sizes, internal finishes and overall condition
- request to review allocation paper and any supporting estate documents or receipts
- engage solicitors to confirm the title regularisation process and estimated time/cost for conversion (if required)
- provide proof of funds or formal expression of interest to schedule a viewing
viewing & contact
serious buyers and accredited agents are invited to schedule a viewing and document review. please provide your preferred contact details and available times so we can arrange a private inspection.
note
allocation paper is the current title document --- buyers are advised to complete standard legal due diligence and title regularisation processes prior to purchase. detailed financials, tenancy schedules (if occupied) and unit specifications will be provided to genuinely interested and pre‑qualified parties.
ref: ef...
More details
Added Yesterday
₦110,000,000
The Build Centre Properties
09028190510