3 bedroom house for sale
Off Allen Avenue, Behind New World Hotel, Ikeja, Lagos
Listing title
for sale: 4 x 3‑bedroom flats
off allen avenue, ikeja
size:(total 600sqm)
price: n250,000,000
(video available)
quick summary600sqm 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: n250,000,000.
property at a glance
- property type: residential investment / development lot
- configuration: 4 x 3‑bedroom flats (self‑contained)
- total land area: 600 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: n250,000,000
- 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.. 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
- 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...
More details
₦350,000,000
The Build Centre Properties
09028190510