For Sale: Multi Units Compound On Distressful Offer, Castia Estate, Abijo, Lekki, Lagos (Ref: 3136568)

Multi Units Compound On Distressful Offer

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Property Description

Listing titleDISTRESS SALE --- Multi‑Unit Compound in Casia Estate, Abijo (Lekki‑Epe) Governor's Consent ₦250,000,000 (Negotiable)

OverviewUrgent sale --- excellent investment or owner‑occupier opportunity in Casia Estate, Abijo (direct access to Lekki‑Epe Expressway). This well‑configured compound offers multiple income streams and redevelopment upside in a prime, fast‑growing Lekki neighbourhood. Titled by Governor's Consent and offered at a motivated price, the property suits investors, operators or end‑users seeking residential, short‑let, hospitality or institutional use.

Property summary

- Location: Casia Estate, Abijo --- direct access to Lekki‑Epe Expressway, Lekki corridor, Lagos
- Title: Governor's Consent (certified copy available on request)
- Asking price: ₦250,000,000 (Two hundred and fifty million Naira) --- Negotiable (distress sale)
- Status: Vacant / immediate possession available (confirm on inspection)

Accommodation & key features

- 2 × 3‑bedroom flats --- all en‑suite
- 3 × 1‑bedroom flats --- all en‑suite
- 1 × self‑contained unit
- 1 × standalone 2‑room bungalow (ensuite)
- Spacious compound with ample parking and external circulation
- Practical block layout enabling immediate rental income or conversion for alternative uses
- Redevelopment potential: site can accommodate an additional building of up to 4 flats (subject to planning approval)

Why this property is attractive

- Diversified income potential: multiple self‑contained units provide immediate cashflow or flexible owner‑occupation options.
- Strong location: Abijo/Casia Estate benefits from rapid residential growth, good access to Lekki‑Epe Expressway and proximity to amenities and labour pools.
- Versatile use cases: suitable for residential investment, short‑let/serviced apartments, boutique hotel, clinic/medical facility or a small private school (subject to approvals).
- Value buy: distress sale pricing offers upside for refurbishment, professional management or modest redevelopment.

Potential uses (subject to planning)

- Buy‑to‑let residential portfolio / block letting
- Short‑let / serviced apartments for executives and visitors
- Boutique hotel or guest house conversion
- Private school, daycare or training centre
- Medical clinic / outpatient facility

Due diligence & next steps (recommended)

- Title verification: request certified Governor's Consent and instruct a solicitor for chain‑of‑title checks and searches.
- Site inspection: physical inspection to confirm unit condition, utilities, parking and scope for additional building.
- Technical: condition survey (roof, MEP, plumbing/electrical) and basic snagging report recommended.
- Planning: confirm permissible uses, coverage and any estate bye‑laws or local authority conditions.
- Financial: request historical rental roll (if any), operating costs and service charge details (if applicable).

Sale process & viewing

- Distress sale: owner needs a swift transaction --- priority will be given to qualified cash or finance‑ready buyers.
- Viewings: by appointment only to pre‑qualified parties. Proof of funds / bank reference required before site access and full document release.
- Offers: submit a Letter of Intent (LOI) with buyer/company profile and evidence of funding; shortlisted buyers will be provided full documentation and invited for inspection.
- Transfer: standard solicitor‑led conveyancing; buyer to budget for legal fees, stamp duty and registration.

ContactTo request certified title copies, receive photos, arrange an urgent inspection or submit an LOI, contact:

[Agent / Seller Name]Phone: [Insert phone number]Email: [Insert email address]

Serious buyers only. All information herein is provided in good faith and must be independently verified during due diligence. Availability and price are subject to prior sale.


Property Details

Property Ref: 3136568Added On: 08 Oct 2025Last Updated: 08 Oct 2025
Market Status: AvailableType: Block of FlatsTotal Area: 7,000 sqm

Interesting Facts

Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.

Leisure and Shopping

Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.

Popular Estates

Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs. 

Day Life

Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.

Night Life

Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.

Schools

Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.

Read the full area guide for Lekki, Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
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