Practical Building With 10 Individual Rooms + 3 Shop On Offer
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Property Description
Prime Commercial & Residential Investment:
40x120ft Property on Ikola Command Road, Lagos
Asking Price: ₦60,000,000
Property Highlights
Strategic Location: Fronts the tarred Ikola Command Road in Lagos -- high visibility, easy access, and bustling community foot traffic. Dual-Income Generator:
- 10 Spacious Communal Rooms for residential rentals (ideal for students/workers).
- 3 Prime Shops facing the main road -- perfect for retail, services, or SMEs. Ample Space: Generous 40ft x 120ft plot for expansion or redevelopment. Infrastructure Advantage: Direct access to tarred road ensures convenience for tenants and customers. High-Demand Area: Thriving neighborhood with consistent occupancy potential.
Investment Benefits
- Instant Cash Flow: Earn rental income from 13 units (10 rooms + 3 shops) simultaneously.
- Commercial Appeal: Shops on tarred road command premium rents from businesses.
- Appreciation Hotspot: Ikola's growth trajectory promises significant land value increase.
- Flexible Usage: Convert rooms to offices, studios, or storage -- or retain mixed-use setup.
Key Details
- Price: ₦60,000,000 (Negotiable for serious buyers).
- Layout: 10 communal rooms + 3 road-facing shops.
- Land Size: 40ft x 120ft (Ideal for future development).
- Access: Direct frontage on tarred Ikola Command Road.
Act Fast!
Seize this versatile asset in a high-growth Lagos corridor -- rare blend of residential stability and commercial profitability.
Contact for Inspections & Offers: [Your Phone Number]️ [Your Email Address] Location: Ikola Command Road, Lagos.
Why This Stands Out
- Clarity: Highlights mixed-use potential and road visibility upfront.
- Urgency: Targets investors seeking quick-yield assets.
- Commercial Focus: Shops on tarred road = higher rental premiums.
- Expansion-Ready: Large plot for adding floors or redeveloping.
Limited opportunity -- high tenant demand guaranteed!
Note: Documentation available for due diligence. Serious buyers only. Schedule a viewing today!
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Property Details
| Property Ref: 3228588 | Added On: 29 Nov 2025 | Last Updated: 14 Dec 2025 |
| Market Status: Available | Type: Detached Bungalow | Bedrooms: 10 |
| Bathrooms: 3 | Toilets: 3 | Total Area: 297 sqm |
Interesting Facts
Lagos-Abeokuta Expressway passes through Alimosho. It connects Lagos State with Ogun State and is one of the most affordable places to live in Lagos. Some estimates say that its proximity to Ikeja could have played a role in its high population.
Leisure and Shopping
Shopping opportunities for residents are plentiful, with a sufficient number of establishments. Additionally, there are popular markets to cater to those who prefer to shop in an open-air environment. SLOT and 3C HUB cater to your mobile needs, Style House is your one-stop shop.
Popular Estates
The Kings Court Estate is regarded as a wonderful place to raise a family by many. Gowon Estate was originally constructed to house the Nigerian legislatures in the 1980s. It provides basic amenities at a reasonable price, making it an affordable option for people from the middle class.
Day Life
Alimosho is one of the most popular parts of Lagos and is a great place to visit if you are looking for a place to relax and have a good time.
If you are in the mood for chicken, there is KFC and Chicken Republic to satisfy your craving. If you are craving pizza, pick up a box from Domino's and top it off with a cup of ice cream from Cold Stone Creamery to satisfy your craving.
Night Life
The Democratic Party is one of the most popular places to hang out in the city. The VIP bar is cool and inviting, and it exudes a proper nightclub atmosphere. Club Inferno is also a great choice for people who like to walk around at night. It provides a high-end clubbing experience that is also visually appealing.
Schools
With the large population that Alimosho has, it would be ridiculous if there weren't sufficient schools. Cambridge Associate School Legacy Schools provides high-quality education at secondary, preparatory, and crèche levels. The Honeyland Group of Schools is well-known for its music academy, which attracts many students.
Read the full area guide for Alimosho, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by The Build Centre Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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21 Mojidi Street, Ikeja, Lagos, Nigeria
0902 XXXX Show Phone
+2347049744444
Registered 1 year ago
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