3 bedroom house for sale
Off Allen Avenue, Behind New World Hotel, Ikeja, Lagos
Listing title
for sale: 4 x 3‑bedroom flats + 300sqm vacant land --- off allen avenue, ikeja
size:(total 900sqm)
price: n350,000,000
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quick summary
well‑located investment property on off allen avenue, ikeja --- four separate 3‑bedroom flats on a secure 900sqm site that includes an additional 300sqm of vacant/undeveloped land. ideal for investors, developers or owner‑occupiers seeking high rental yield, redevelopment potential or sectional sale.
price: n350,000,000.
property at a glance
- property type: residential investment / development lot
- configuration: 4 x 3‑bedroom flats (self‑contained) + 300sqm additional vacant land within the site
- total land area: 900 sqm (includes the building footprint and the additional 300 sqm parcel)
- location: off allen avenue, ikeja --- premium mixed‑use corridor with strong demand for quality rentals and commercial uses
- asking price: n350,000,000
- availability: for immediate sale
detailed description
this solidly built property comprises four comfortable 3‑bedroom self‑contained flats arranged to maximise privacy and rental appeal, together with a strategic 300sqm parcel of vacant land included in the sale. the configuration and generous site area present multiple options: continue as a high‑yield rental asset, subdivide and sell individual units (subject to consent), expand the current building, or undertake a small‑scale redevelopment (residential or mixed‑use, subject to planning).
each flat is laid out for practical family living with functional living spaces and private sleeping quarters. the property benefits from a secure compound, ample parking and a prominent off allen avenue address --- a location popular with professionals, corporate tenants and expatriates working in ikeja and neighbouring commercial centres.
key features & accommodation
- 4 x 3‑bedroom flats --- self‑contained units suitable for family or staff lets
- additional 300 sqm vacant land included on the same title/parcel (confirm title split with seller)
- secure compound with perimeter fencing and vehicular access from off allen avenue
- good natural light and ventilation across units
- mature neighbourhood with established utilities and estate services nearby
location benefits
- prime off allen avenue position --- close to ikeja gra, computer village, malls and business districts
- excellent access to major roads and short drive to murtala muhammed international airport
- close to banks, shopping centres, corporate offices, restaurants, schools and hospitals --- strong tenant pool for long‑term lets
- high rental demand area with proven capital appreciation potential
investment & development potential
- attractive immediate rental income from four 3‑bedroom flats
- vacant 300sqm parcel provides space for expansion: additional units, parking, recreational facilities or redevelopment
- suitable for buy‑and‑hold investors, developers targeting small mixed‑use projects or owner‑occupiers seeking rental income offset
- potential to increase value through renovation, improved management and professional marketing
condition & title
- condition: good / habitable
- title/tenure: certificate of occupancy, deed of assignment
price & terms
- asking price: n350,000,000
- agency commission: 10%
-
what's included
- all four flats and the additional 300sqm vacant parcel as presented
contact: mr. kola adesina (edba)
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
*please feel free to browse our other featured properties*
ref: prince i...
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₦350,000,000
The Build Centre Properties
09028190510