Newly Built 3 Bedroom Bungalow On Offer

Property for Sale --- Otun Junction / Moricas Idiorogbo, Ayobo, Lagos

Property type: Newly built 3‑bedroom bungalow (single‑storey residential)Location: Otun Junction area, Moricas Idiorogbo, Ayobo, LagosLand size: Built on a 60ft × 140ft plot (larger than a standard full plot)Asking price: ₦50,000,000

Property summary
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A brand‑new 3‑bedroom bungalow finished to a contemporary standard and ready for immediate occupation. The property is set on an expansive 60ft × 140ft plot, offering generous compound space for parking, landscaping or future expansion. Located in the Otun Junction / Moricas Idiorogbo neighbourhood of Ayobo, the home combines modern finishes with practical outdoor space in a secure, accessible location.

Accommodation & layout
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- 3 well‑proportioned bedrooms (confirm ensuite configuration during viewing)
- Open plan living and dining area
- Fitted kitchen (specify cabinets and finish on inspection)
- Guest toilet where applicable
- Ample compound space with room for multiple vehicles

Key features & finishes
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- Newly constructed --- move‑in ready ("pay and park‑in")
- Full POP (Plaster of Paris) ceilings throughout for a refined interior finish
- Durable aluminium roofing for low maintenance and longevity
- Fully fenced compound with secure gate
- Built on a large 60ft × 140ft plot providing space for additional structures, garden or parking
- Clean, modern finishes expected --- buyers should inspect to confirm tiles, sanitary fittings and kitchen fixtures

Title & legal
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- Title status: Not specified (buyer to request title documentation from vendor --- C of O / Deed / Receipt / Survey).
- Recommended due diligence: verify title (C of O preferred), obtain certified Survey Plan, confirm vendor authority and boundary lines; involve a solicitor and licensed surveyor before exchange.

Location & accessibility
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- Situated in the Otun Junction area of Moricas Idiorogbo, Ayobo --- a developing residential neighbourhood with improving infrastructure.
- Good road access for commuting to neighbouring towns and Lagos mainland; proximity to local amenities, markets and public transport routes (confirm exact distances during viewing).

Investment & buyer highlights
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- New construction reduces immediate maintenance costs and is attractive to owner‑occupiers seeking turnkey homes.
- Large plot size offers development upside (dual occupancy conversion, annex BQ, or rental cottage subject to approvals).
- Competitive price point for Ayobo location --- suitable for first‑time buyers, families or investors targeting rental income.

Sale terms & viewings
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- Asking price: ₦50,000,000 (serious offers invited; price negotiable for prompt/completed transactions)
- Viewings by appointment only; interested buyers must provide valid ID and proof of funds prior to inspection.
- Reservation deposit and formal sale terms to be agreed upon offer acceptance; buyers strongly advised to engage legal counsel and surveyor.

What we can provide on request
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- Photographs, floor plan and site layout (if available)
- Copies/scans of title documents and Survey Plan (upon vendor consent)
- Indicative rental estimate and yield analysis
- Introductions to recommended solicitors and surveyors for due diligence

Contact
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To request documents, arrange a viewing or discuss terms, contact: