Block of flats for sale
Off Providence Road, Lekki Phase 1, Lekki, Lagos
Newly built apartment building for sale in lekki phase 1, lagos
off providence road 10 flats (2-bedroom en-suite + 2 penthouses) 1,000 sqm c of o & governor's consent ₦2.3 billion
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property overview
- location: off providence road, lekki phase 1, lagos
- land size: 1,000 sqm
- title: certificate of occupancy (c of o) with governor's consent
- building: newly constructed 10 units of 2-bedroom en-suite flats, including 2 penthouses
- asking price: ₦2.3 billion
- price per sqm: ₦2.3 million
- status: new, ready for immediate occupancy or operation
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building features
- total units: 10 (8 standard 2-bedroom flats + 2 penthouses)
- utilities: separate meters and independent water tanks per flat
- structural integrity: built on 90 piles, foundation extends 15 metres underground
- condition: new construction, modern finishes, move-in ready
- layout: en-suite bedrooms, spacious living areas, quality fittings
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key highlights
- premium lekki phase 1 location -- off providence road, one of the area's most serene and prestigious streets
- strong title documentation -- full c of o with governor's consent ensures legal security
- engineered for durability -- 90 piles and deep foundation guarantee structural stability
- independent utilities -- each flat has separate meters and water tanks for easy management and billing
- flexible usage -- ideal as residential investment, boutique hotel, corporate lodging, school, or training centre
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potential uses
- boutique hotel or serviced apartments
- corporate housing / executive lets
- private school or training institute
- co-living or student housing
- multi-family residential investment
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location benefits
- lekki phase 1 prestige -- secure, green, and exclusive neighbourhood
- accessibility -- close to admiralty way, ikoyi, and victoria island
- quiet & secure -- off main road, offering privacy and reduced noise
- high demand area -- strong rental and occupancy rates from professionals and expatriates
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investment value
- asking price: ₦2.3 billion
- price per sqm: ₦2.3 million
- rental income potential: high, given unit quality and location
- low maintenance: new build reduces immediate refurbishment costs
- multi-purpose asset -- can be operated or sold as going concern
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direct sale opportunity
this newly built, well-structured apartment building offers a turnkey investment in one of lagos' most desirable neighbourhoods. suitable for investors, hotel operators, educational institutions, or portfolio buyers seeking a premium, income-generating asset.
ideal for:
- real estate investors
- hotel & hospitality operators
- educational institutions
- corporate real estate portfolios
- high-net-worth individuals
contact for:
- property tour & unit inspection
- title document review
- financial & operational projections
- purchase negotiation
a rare, newly built multi-unit property in lekki phase 1 --- engineered for stability, designed for flexibility, and ready for immediate u...
More details
Added Yesterday
₦2,300,000,000
Ac Valour International
08036503218