Income Yielding 6x3 Bedrooms Ensuite+ Bungalow +mini Flat+self Contain

FOR SALE- WATCH VIDEO ABOVE
Prime Income‑Producing Property ---
6 × 3‑Bed Ensuite Flats + Bungalow
(Mini‑Flat & Self‑Contain) ---
Apollo Estate
₦275,000,000 (Governor's Consent)

Price & Title

- Asking price: ₦275,000,000 (Two Hundred & Seventy‑Five Million Naira)
- Title: Governor's Consent --- originals available for verification

Location & land

- Estate: Apollo Estate (gated), Lagos --- secure residential neighbourhood with good road access and established tenant demand
- Land size: 815 sqm (contiguous, regular plot)
- Availability: For immediate sale. Property is tenanted (income producing) and presented as a turnkey investment.

Property description

- Main building: 2‑storey block comprising 6 × standard 3‑bedroom flats --- all rooms ensuite.
- Ancillary building: Detached bungalow containing 1 × mini‑flat and 1 × self‑contain.
- Total units: 8 income units across the compound, all within a gated estate setting with shared compound and tenant circulation.

Current rental income (indicative)

- 3‑bedroom flats: ₦3,000,000 per unit p.a.
- 6 units × ₦3,000,000 = ₦18,000,000 p.a.
- Mini‑flat: ₦1,500,000 p.a.
- Self‑contain: ₦800,000 p.a.
- Current gross annual rental roll (approx.): ₦20,300,000

Investment highlights

- Immediate cashflow: Fully tenanted asset delivering predictable rental income from day one --- ideal for buy‑and‑hold investors seeking steady yields.
- Strong rental fundamentals: 3‑bedroom ensuite product in gated estates attracts long‑term family tenants and commands premium rents.
- Attractive entry price: Competitive valuation in Apollo Estate for a large 815 sqm plot with multiple income units --- potential for yield optimisation through professional asset management.
- Title security: Governor's Consent provides a clear conveyancing route and lender friendliness for buyers seeking financing.
- Value‑add potential: Repositioning, minor refurbishment, upselling utilities/services or professional property management can improve occupancy, rents and net operating income. Potential to redevelop or add value subject to planning and estate covenants.

Property condition & features

- Unit specification: Standard 3‑bedroom layouts with ensuite bathrooms --- tenant‑friendly designs.
- Compound: Shared secure compound inside a gated estate --- parking and circulation available on site.
- Management: Currently tenanted; tenant details, leases and rental receipts available for qualified buyers during due diligence.

Why buy

- Turnkey, income‑producing asset in a secure estate with immediate cashflow and strong landlord demand.
- Balanced unit mix (multiple family units plus smaller units) reduces vacancy risk and diversifies income.
- Solid foundation for investors, family offices, small funds and landlords seeking reliable mainland Lagos yield exposure.

Due diligence & documents available

- Title: Governor's Consent (originals to be presented).
- Financials: Current rent roll, tenancy agreements and payment history available to qualified purchasers.
- Property documents: Survey plan, building sketch and any available compliance/approval documents will be provided on request.
- Recommended buyer checks: legal title search, structural/technical inspection, verification of tenancy and arrears, and confirmation of estate covenants.

Viewing & transaction process

- Viewings by appointment for serious, qualified buyers. Proof of funds or bank reference may be required to schedule inspections and access documents.
- Transaction route: submit formal offer, agree Heads of Terms, deposit and complete legal conveyancing. Buyers are advised to instruct legal counsel to manage title verification and transfer.

Final note
This is a rare, ready‑income opportunity in Apollo Estate --- well suited for investors seeking immediate yield and long‑term capital appreciation. The combination of scalable rental income, clean title and estate security makes this an attractive, low‑risk acquisition for prudent buyers.

Ref: Daka