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Luxury 4-Bedroom Penthouse Shortlet Investment -- Magodo Phase 2, Lagos
Price: ₦550,000,000
Title: Certificate of Occupancy (C of O)
An exceptional opportunity to acquire a fully operational, income-generating luxury penthouse in one of Lagos' most prestigious and high-demand residential locations.
Strategically situated in Magodo Phase 2, this stunning 4-bedroom penthouse has been professionally designed and furnished for premium shortlet operations, offering immediate cash flow, strong occupancy rates, and long-term capital appreciation.
Property Features
4 Spacious En-Suite Bedrooms
Expansive Living & Dining Area
Fully Fitted Contemporary Kitchen
Dedicated Home Office/Workspace
Laundry Room
Guest Toilet
Walk-In Closets
Multiple Balconies
Premium Finishing Throughout
Luxury Interior Finishes & Amenities
Fully Furnished & Move-In Ready
Smart TVs in Living Room & Bedrooms
Modern POP Ceilings with Ambient LED Lighting
Premium Marble Countertops & Dining Finishes
Walk-In Glass Shower Cubicles
Air Conditioning Throughout
Elegant Lighting Fixtures
Fully Equipped Kitchen with Refrigerator, Microwave & Cooker
Contemporary L-Shaped Sofa Lounge
Custom-Built Wardrobes & Storage Solutions
Dedicated Vanity & Workstation Areas
Exterior & Facilities
Well-Paved Compound
Modern Architectural Design
Ample Parking Space
Secure and Serene Environment
Excellent Road Network & Accessibility
Located Within the Highly Sought-After Magodo Phase 2 Axis
Investment Highlights
Fully Operational Luxury Shortlet Business
Immediate Income Generation
Strong Demand from Corporate Executives, Expatriates & Premium Short-Stay Guests
Zero Setup Cost -- Take Over and Start Earning Immediately
High Rental Yield Potential
Excellent Capital Appreciation Prospects
Prime Location in One of Lagos' Most Desirable Residential Communities
This is a rare opportunity to acquire a fully furnished luxury penthouse already positioned for consistent rental income in the thriving shortlet market.
Price: ₦550,000,000
Title: Certificate of Occupancy (C of O)
Lagosrealt
| Property Ref: 3512145 | Added On: 05 Jun 2026 | Last Updated: 05 Jun 2026 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 4 |
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives access to all of the 'good stuff' in Ikeja, such as business and employment opportunities.
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of Lagos co-operative, and many of its staff own homes there.
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicures are all available.
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making, hairdressing, and sports. Newfield School employs a broad and balanced curriculum based on the Nigerian and British National Curriculums.
Read the full area guide for Magodo, Lagos.
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