3-bedroom Bungalow + Commercial Potential
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Property Description
3-Bedroom Bungalow + Commercial Potential
Location: Ijagemo, Ijegun, Lagos
Asking Price: ₦23,000,000
Title Document: Purchase Receipt
Key Features
Residential Space: A spacious 3-bedroom flat bungalow, designed for comfort and privacy.
Commercial Advantage: Includes an uncompleted office and shop space, perfect for entrepreneurs looking to run a business from home or generate rental income.
Location: Situated in the rapidly developing area of Ijagemo, Ijegun, offering a blend of suburban peace and proximity to the Lagos mainland commercial hubs.
Investment Value: At ₦23 million, this property offers significant "value-add" potential---once the office and shop are completed, the market value is expected to rise sharply.
Description
This versatile property is a rare find for investors or families looking for a "live-and-work" setup. The main structure consists of a standard 3-bedroom bungalow, providing ample living space.
What sets this property apart is the additional uncompleted structure designed for an office and a shop. Facing the street, these units are ideally positioned to capture local foot traffic, making them perfect for a retail outlet, professional firm, or a steady stream of commercial rent.
Contact Information
For more details or to schedule a physical inspection, please contact Jolayemi of Brokerlease Properties:
Phone: 07033181041
Alternative: 08084170910
Property Details
| Property Ref: 3331324 | Added On: 06 Feb 2026 | Last Updated: 06 Feb 2026 |
| Market Status: Available | Type: Detached Bungalow | Bedrooms: 3 |
| Bathrooms: 3 | Toilets: 3 | Parking Spaces: 6 |
| Furnishing: Furnished | Covered Area: 400 sqm |
Interesting Facts
Ikotun hosts West Africa's most visited religious tourism site; The Synagogue Church of All Nations and is home to one of Lagos state's largest marketplaces; Ikotun Market. The popular Nigerian singer and songwriter, Adekunle Gold was also raised in the neighbourhood.
Leisure and Shopping
Ikotun Market is one of the largest markets in Lagos State and is available to cater to the shopping needs of its residents. KAF Mall, Twins Faja Supermarket and Sengabis Supermarket are indoor shopping options within the area.
Popular Estates
Given the large population of people that reside in Ikotun, it would be absurd if there were not enough housing alternatives in the vicinity. Peace Estate, as the name suggests, is a very serene option whereas Adams and Diamond Estates provide reasonably priced properties.
Day Life
Ikotun is a wonderful area to visit if you want to unwind. Watch a movie at Filmworld Cinemas, cool off at the pool in Brainfield Event Centre, dine at Food City and Dominos Pizza or enjoy ice cream at Coldstone Creamery.
Night Life
Even at night, Ikotun bustles with activity. Popular nightlife spots include Ace Lounge, The Place, Club Hardrock, and The Leo Club.
Schools
Crestview International Schools, which includes a crèche, nursery, primary, and secondary school, is one of the most well-known schools in Ikotun. Other prominent schools in the area include Fortune Private Schools, Solid Steps International School, and Molan Schools.
Read the full area guide for Ikotun, 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 Brokerlease Properties And Real Estate. 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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Brokerlease Properties And Real Estate
No 3, Oyo Alafin Street, Off General Hospital, Igando, Lagos, Lagos, Nigeria
0703 XXXX Show Phone
+2347033181041
Registered 10 years ago
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