For Sale: Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos | 28 Beds, 34 Baths (Ref: 3262734)

Luxury 28 Apartment Building Avilable

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  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
  • Luxury 28 Apartment Building Avilable, By Skymall Ogidan Gated Estate, Sangotedo, Ajah, Lagos, Block of Flats for Sale
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  • 28 Bedrooms
  • 34 Bathrooms
  • 36 Toilets
  • 15 Parking Spaces

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Property Description

FOR SALE -- INCOME-GENERATING RESIDENTIAL PROPERTY IN GATED ESTATE
Ogidan, Sangotedo, Lekki, Lagos

A newly built property originally developed as a hotel and professionally reconverted into residential apartments, located in Ogidan, Sangotedo, Lekki, close to Skymall Shopping Mall and Blenco Supermarket.

Property Composition:
15 Units of Self-Contained (Studio) Apartments

2 Units of 2-Bedroom Apartments

2 Units of 1-Bedroom Apartments

2 Units of BQ

All Studio Apartments come with their own Kitchen and Bathrooms

Reception Area

Separate Building with Rooftop Terrace for tenants relaxation.

CCTV Monitoring System

Price: N400M
Key Highlights:
Fully occupied and well maintained

Built to a high construction standard

Strong rental demand due to strategic location

The Property is Fully rented and currently generating ₦40 Million per annum

Income Upside:

Annual income can increase to ₦60 Million per year by new buyer:

Introducing short-let operations in some units

Reviewing rents upwards that are currently below market value

Investment Breakdown:

₦40M annual income 10 years to make your money back

₦50M annual income 8 years to make your money back

₦60M annual income 6 years to make your money back

Other Notable Features:

Title: Governor's Consent with approved building plans

Parking: Space for up to 14 cars

Power Supply: Steady and reliable power supply in the Estate

Land Size: Over 1 plot

This is a ready-made, plug-and-play cash-flow property, ideal for investors seeking immediate returns with minimal setup.

Price: ₦400 Million
Serious buyers only.
WhatsApp: 0704 163 1604, or 0705 230 3282


Property Details

Property Ref: 3262734Added On: 21 Dec 2025Last Updated: 21 Dec 2025
Market Status: AvailableType: Block of FlatsBedrooms: 28
Bathrooms: 34Toilets: 36Parking Spaces: 15

Interesting Facts

Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.

Leisure and Shopping

Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.

Popular Estates

Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville Estate, Pearl Gardens, Happy Land Estate, COOP LEGACY Estate, Royal Palm Villa Sangotedo, Woodlands Park Estate, and numerous additional esteemed residential communities in the area.

Day Life

Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to explore in Sangotedo encompass Giwa Gardens, Lufasi Nature Park, Tiger Active Sports Complex, Funworld, H & Y Restaurant And Cafe, and Planet Restaurant, among many others.

Night Life

Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of options, you can discover memorable nighttime experiences at venues like O'bar Lounge, Nucleus Bar & Lounge, Lounge 107, O.richy Restaurant And Lounge, WoodHouse Beers n' Grills, 1401 Lounge, and The Chess Bar & Lounge. These establishments promise an unforgettable evening after a long day.

Schools

Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Crest School, Kayron International School, Splendid Steps School, Glybridge Schools, Debiruss College, Progresso School, The White Dove Schools, and numerous others.

Read the full area guide for Sangotedo, Ajah, Lagos.

Interested in this property?

Call +234 XXXX Show Phone
View Similar Property
Houses for sale in Ajah, LagosBlock of Flats for sale in Ajah, LagosBlock of Flats for sale in Sangotedo, Ajah, Lagos
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V4 Properties Ltd

 Fola Osibo, Lekki Phase 1, Lagos, Nigeria

  +234 XXXX Show Phone

  +2347041631604

  Registered 6 years ago

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