Value For Money Distress Offer Of A 4-bedroom Bungalow And Mini Flats

Distress Sale: Exceptional Properties in a Serene Neighborhood

Location: Badagry, Lagos
***FULL VIDEO AVAILABLE UPON REQUEST***
Overview:
We are excited to present a unique opportunity to acquire two desirable properties located in a tranquil and quiet neighborhood, conveniently situated close to all major road networks and essential amenities. These properties are on individual parcels of land adjacent to each other, separated by a fence, and are available for joint sale or separately.

Property 1: Four-Bedroom Bungalow with Retail Shops

- Land Size: 640 square meters
- Description: This charming four-bedroom bungalow features three en-suite bathrooms and a guest toilet and bathroom, providing ample convenience for residents and guests alike. The property is fully fenced and gated, ensuring privacy and security. Additionally, it includes two retail shops located at the front, creating an excellent opportunity for generating rental income or establishing a retail business. The strategic positioning of the shops allows for high visibility and foot traffic, enhancing the potential for successful retail operations.
- Asking Price: ₦65 million

Property 2: Four Units of Self-Contained Mini Flats

- Land Size: 300 square meters (total land size: 602 square meters)
- Description: This property consists of four units of self-contained mini flats, ideal for generating additional rental income. The buyer will have the opportunity to complete the construction, with all sanitary ware included in the sale, ensuring a seamless build-out process. This flexibility allows the buyer to customize the finishes to meet market demands, maximizing rental appeal.
- Asking Price: ₦30 million

Total Land Area:

- Combined Land Size: 940 square meters (640 sqm for the bungalow and 300 sqm for the mini flats)

Available Documents:

- Registered Survey
- Governor's Consent

Investment Potential:

- Multiple Income Streams: The combination of a residential bungalow and retail shops provides diverse income-generating opportunities. The bungalow can serve as an ideal family home or be rented out to attract long-term tenants, while the retail shops offer the potential for immediate cash flow through commercial leases.
- High Demand for Rental Properties: The self-contained mini flats cater to young professionals and small families seeking convenient living spaces, ensuring a steady stream of potential tenants.
- Strategic Location: The properties are situated in a serene neighborhood with easy access to major road networks, enhancing their appeal to both residential and commercial tenants. Proximity to essential amenities such as schools, shopping centers, and recreational facilities further increases the attractiveness of the location.
- Flexibility for Development: The buyer of the mini flats has the unique opportunity to customize the units to meet current market demands, potentially increasing their rental value. This adaptability allows for maximizing returns on investment.
- Potential for Appreciation: Given the ongoing development and increasing desirability of the area, these properties are likely to appreciate in value over time, making them a sound long-term investment.

Key Features:

- Desirable Location: Both properties are situated in a serene neighborhood, providing a peaceful living environment while being close to essential amenities and road networks.
- Flexible Sale Options: The owner prefers to sell both properties together but is open to a split sale, allowing buyers the flexibility to purchase one or both properties according to their needs.
- Investment Potential: The four units of mini flats present an excellent investment opportunity for rental income, while the bungalow's retail shops provide additional income potential, making this a lucrative investment.

Contact Information:
For more information or to schedule a viewing, please contact us.
Don't miss this exceptional opportunity to invest in prime real estate in a highly desirable area---act fast as these properties are sure to attract significant interest!