17 bedroom block of flats for sale
New Oko-Oba, Agege, Lagos
This is a golden chance to secure a high-yield real estate investment in a fast-developing and highly sought-after neighborhood. sitting on a cornerpiece measuring nearly 2 full plots (1,051 sqm), this property boasts 14 flats in total, strategically positioned off adetola road via olaniyi, new oko-oba, abule-egba, lagos. the development includes 3 spacious units of 2-bedroom flats, 8 mini flats, and 3 self-contained rooms, all within a well-fenced compound with ample space for erecting another building. located just a 2-minute walk from the tarred road, in an area surrounded by modern residential structures, this property benefits from excellent accessibility and a solid road network. with existing tenants generating an annual rental income of ₦8.8 million---and the potential to double earnings to ₦16 million per year with modest renovations---this is ideal for investors looking to build steady cash flow or flip for profit. current title documents include receipt, registered survey, deed of assignment, and building approval, making it a secure and verifiable transaction. at just ₦105 million asking price (slightly negotiable), this is significantly below market value, especially when you consider that a single plot in the same area goes for ₦60 million. don't sleep on this rare chance---owner urgently needs funds. act fast!
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₦105,000,000
Eniola Ogunmuyide & Partners
08033910359