Economical 4 X 3 Bedroom Flats For Acquisition
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Property Description
PROPERTY LISTING: 4 × 3‑BEDROOM FLATS ON A PLOT --- OFF SELIAT BUS STOP AREA, LAGOSLocation: Off Seliat Bus Stop area, LagosTitle: Certificate of Occupancy (C of O)Price: ₦150,000,000 (Asking) --- Owner willing to accept ₦120,000,000 (Net)
OVERVIEWTurnkey multi‑unit residential asset comprising four (4) three‑bedroom flats sited on a single plot in a sought‑after Lagos neighbourhood. This property presents immediate rental income potential and land value upside---ideal for buy‑and‑hold investors or small developers.
PROPERTY FEATURES
- Unit mix: 4 × 3‑bedroom flats (self‑contained layouts)
- Landholding: One plot --- clear development footprint with compound space for parking and tenant circulation
- Condition: Well‑maintained; ideal for immediate letting or light value‑adding refurbishment
- Practical finishes and functional layouts targeted at family and professional tenancies
LOCATION ADVANTAGES
- Close proximity to Seliat bus stop ensuring excellent public transport access and high tenant demand
- Convenient links to major corridors and nearby commercial/residential hubs in Lagos
- Nearby amenities likely include markets, schools, places of worship and healthcare facilities --- strong rental catchment
TITLE & DOCUMENTATION
- Title: Certificate of Occupancy (C of O) --- secure freehold ownership; documents available for verification during due diligence
INVESTMENT HIGHLIGHTS
- Diversified cashflow from four self‑contained units reduces vacancy risk and smooths income streams
- Attractive pricing for a C of O property in a commuter‑friendly location
- Opportunity to increase rental yields through modest refurbishment or professional property management
- Full‑plot ownership offers optionality for future redevelopment subject to approvals
PRICE & TERMS
- Asking Price: ₦150,000,000 --- Owner prepared to accept ₦120,000,000 (Net) for a prompt, qualified buyer
- Viewing and document access available to pre‑qualified purchasers (proof of funds required)
DUE DILIGENCE & VIEWING
- Standard checks recommended: title verification, site inspection, tenancy/occupancy audit and condition survey.
- Site inspections by appointment only for serious buyers.
CONTACTTo arrange a viewing, request the document pack or submit an offer, please contact the listing agent/owner. Proof of funds will be required prior to inspection.
A practical, income‑producing asset in a commuter‑oriented location --- suitable for investors seeking immediate yield and long‑term capital appreciation.
Property Details
| Property Ref: 3201258 | Added On: 13 Nov 2025 | Last Updated: 13 Nov 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 12 |
| Bathrooms: 12 | Toilets: 12 | Total Area: 600 sqm |
Interesting Facts
Lagos-Abeokuta Expressway passes through Alimosho. It connects Lagos State with Ogun State and is one of the most affordable places to live in Lagos. Some estimates say that its proximity to Ikeja could have played a role in its high population.
Leisure and Shopping
Shopping opportunities for residents are plentiful, with a sufficient number of establishments. Additionally, there are popular markets to cater to those who prefer to shop in an open-air environment. SLOT and 3C HUB cater to your mobile needs, Style House is your one-stop shop.
Popular Estates
The Kings Court Estate is regarded as a wonderful place to raise a family by many. Gowon Estate was originally constructed to house the Nigerian legislatures in the 1980s. It provides basic amenities at a reasonable price, making it an affordable option for people from the middle class.
Day Life
Alimosho is one of the most popular parts of Lagos and is a great place to visit if you are looking for a place to relax and have a good time.
If you are in the mood for chicken, there is KFC and Chicken Republic to satisfy your craving. If you are craving pizza, pick up a box from Domino's and top it off with a cup of ice cream from Cold Stone Creamery to satisfy your craving.
Night Life
The Democratic Party is one of the most popular places to hang out in the city. The VIP bar is cool and inviting, and it exudes a proper nightclub atmosphere. Club Inferno is also a great choice for people who like to walk around at night. It provides a high-end clubbing experience that is also visually appealing.
Schools
With the large population that Alimosho has, it would be ridiculous if there weren't sufficient schools. Cambridge Associate School Legacy Schools provides high-quality education at secondary, preparatory, and crèche levels. The Honeyland Group of Schools is well-known for its music academy, which attracts many students.
Read the full area guide for Alimosho, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by The Build Centre Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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21 Mojidi Street, Ikeja, Lagos, Nigeria
0902 XXXX Show Phone
+2347049744444
Registered 1 year ago
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