Versatile 7 Bedroom Block Of Flats
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Property Description
Located off Governor's Road, Ikotun, Lagos State, this versatile and income-generating property sits on a full plot of land in a highly busy and strategic area, making it ideal for both commercial and residential purposes. The development features two (2) units of spacious 2-bedroom flats, two (2) units of mini flats, and a self-contained room, all set back to maximize space utilization. At the front, there are four (4) well-positioned shops, ensuring a steady stream of potential rental income. This property is perfect for investors, business owners, or homeowners looking to generate passive income while enjoying comfortable living spaces. Its location in a thriving commercial hub ensures high demand for both residential and commercial tenants. Legally backed by a Receipt, Survey Plan, and Deed of Assignment, ownership is secure and straightforward. The asking price is ₦68 million, presenting an excellent investment opportunity in one of Lagos' rapidly developing areas.
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Property Details
| Property Ref: 2725386 | Added On: 17 Feb 2025 | Last Updated: 18 Feb 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 7 |
| Total Area: 670 sqm |
Interesting Facts
Ikotun hosts West Africa's most visited religious tourism site; The Synagogue Church of All Nations and is home to one of Lagos state's largest marketplaces; Ikotun Market. The popular Nigerian singer and songwriter, Adekunle Gold was also raised in the neighbourhood.
Leisure and Shopping
Ikotun Market is one of the largest markets in Lagos State and is available to cater to the shopping needs of its residents. KAF Mall, Twins Faja Supermarket and Sengabis Supermarket are indoor shopping options within the area.
Popular Estates
Given the large population of people that reside in Ikotun, it would be absurd if there were not enough housing alternatives in the vicinity. Peace Estate, as the name suggests, is a very serene option whereas Adams and Diamond Estates provide reasonably priced properties.
Day Life
Ikotun is a wonderful area to visit if you want to unwind. Watch a movie at Filmworld Cinemas, cool off at the pool in Brainfield Event Centre, dine at Food City and Dominos Pizza or enjoy ice cream at Coldstone Creamery.
Night Life
Even at night, Ikotun bustles with activity. Popular nightlife spots include Ace Lounge, The Place, Club Hardrock, and The Leo Club.
Schools
Crestview International Schools, which includes a crèche, nursery, primary, and secondary school, is one of the most well-known schools in Ikotun. Other prominent schools in the area include Fortune Private Schools, Solid Steps International School, and Molan Schools.
Read the full area guide for Ikotun, Lagos.
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Disclaimer
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46, Old Ota Road, Olota, Off Ekoro Junction, Abule Egba, Lagos, Nigeria
0803 XXXX Show Phone
+2348033910359
Registered 9 years ago
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