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FOR SALE: PRIME MULTI-UNIT BUILDING IN AYOBO, LAGOS
An excellent investment opportunity located inside Ishokan Estate, Ayobo Phase 1, Ayobo--Ipaja Road, Lagos.
Property Features:
5 Blocks of spacious 2-Bedroom Flats (Up & Down)
1 Unit of 3-Bedroom Flat
2 Sets of Mini Flats
Situated on more than a full plot of land
C of O currently under processing
Perfect For:
Residential use -- steady rental income from multiple units
Commercial use -- ideal for schools, hospitals, hostels, serviced apartments, or corporate staff housing
Price: ₦140 Million (Asking)
A solid property in a fast-developing and highly accessible neighbourhood.
Location: Ishokan Estate, Ayobo Phase 1, Ayobo--Ipaja Road, Lagos.
If you're looking for a high-yield, versatile property with multiple income streams, this is a great opportunity.
Contact for inspection and enquiries today!
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| Property Ref: 3212023 | Added On: 20 Nov 2025 | Last Updated: 20 Nov 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 10 |
| Bathrooms: 15 | Toilets: 15 | Parking Spaces: 10 |
| Furnishing: Furnished | Total Area: 700 sqm | Covered Area: 700 sqm |
Megida and Isefun are two of the town's most notable sub-towns. Anchor University, a private Christian university, is located in Megida. Lagos state government has completed plans to build a world-class Lagos Cultural Heritage Centre.
Justrite Supermarket is a new branch that opened in 2021 and is located at Gate roundabout. If you prefer to do your grocery shopping in an open market, Ayobo Market is a good option. It's a new and expanding market that opens at 8am and closes at 6pm daily.
Ayobo is one of Lagos' most affordable neighbourhoods. It is clean, well-organized, and reasonably priced. You may prefer to stay in one of the estates available for added class and security. More estate housing options are available at Abesan Estate, Nahco Estate, Peace Estate, and His Glory Estate.
If you happen to visit Ayobo, you can enjoy a variety of locations. Ramosa Recreational Park is a full-service games village and events facility. 'Iamsmyl makeover' offers body waxing, tanning, massage, manicure, pedicure and facial treatment.
Ami-King Nightclub is ideal for those who enjoy dancing on the dance floor. Gemini Gardens and Pub is a bar where you can unwind. Immacul8 Bar and Lounge are two other places in Ayobo to listen to music, drink, and relax.
Great Nations Ambassadors Schools is an independent coeducational day and boarding school for children aged 2-10 (reception, nursery, and primary), and 11-18. The school is located in the heart of Ayobo town and features world-class, cutting-edge infrastructure and learning aids.
Read the full area guide for Ayobo, Lagos.
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