Multi Units Residential Building With Great Income Potential
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Property Description
FOR SALE ---
MULTI‑UNIT BLOCK IN AGUNFOYE, IGBOGBO (IKORODU)
Prime investment or family compound --- ready to generate income or be developed further
Location: Agunfoye, Igbogbo, Ikorodu, Lagos
Property Type: Residential compound (single plot)
Land Size: 1 plot
Title/Document: Survey Plan & Family Receipt --- available for verification
Price: ₦60,000,000 (Serious Buyers Only)
Property Overview
- A well‑situated block comprising:
- 1 x 3‑bedroom bungalow
- 4 x 2‑bedroom flats
- Sits on one plot in Agunfoye, Igbogbo --- a growing residential corridor in Ikorodu with steady rental demand.
- Ideal for investors seeking immediate rental income, landlords looking to expand a portfolio, or families wanting multi‑unit living.
Key Features & Benefits
- Immediate income stream: multiple self‑contained units offer instant cashflow with low vacancy risk.
- Flexible use: owner‑occupier with rental wing, full buy‑to‑let operation, or short‑term redevelopment to increase yield.
- Good tenancy market: proximity to local markets, schools and transport links in Igbogbo/Ikorodu ensures consistent tenant demand.
- Clear local documentation (Survey Plan & Family Receipt) --- straightforward transfer process.
- Economies of management: single location with multiple units simplifies maintenance and operations.
Why This Is a Smart Buy
- Affordable entry into Ikorodu's rental market at ₦60M --- excellent value for a multi‑unit asset.
- Suitable for first‑time property investors or established landlords seeking to scale.
- Redevelopment potential: plot size allows for future expansion or enhancement to boost capital value.
Viewing & Transaction
- Viewings strictly by appointment. Qualified and serious buyers will be prioritised.
- Full documentation and internal inspection available to verified buyers on request.
Contact The Build Centre Properties
Secure a productive, income‑generating property in Agunfoye today --- opportunities like this at this price are limited. Give us half a try and get a full return.
Property Details
| Property Ref: 3223331 | Added On: 26 Nov 2025 | Last Updated: 26 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 11 |
| Bathrooms: 9 | Toilets: 9 |
Interesting Facts
It is interesting to note that Ikorodu is the fastest growing suburb of Lagos metropolis, owing to the increasing influx of people from surrounding villages attracted by the town’s proximity to Lagos. Ikorodu has brought about the rise of popular personalities and the largest power generating station in Nigeria is also located in Ikorodu.
Leisure and Shopping
Residents in this neighborhood can be sure of an overall pleasant and exciting shopping experience. For open-air shopping, visit Sabo market or Elepe Community market. For indoor shopping, explore Justrite Superstore and Grocery Bazaar Limited.
Popular Estates
In Ikorodu, there are a plethora of estates with enticing property pricing. Consider Valleyview Estate, Greenleaf Estate, Treasure Island Estate, Diamond Estate, and Springview Estate while making your decision.
Day Life
Ikorodu residents do not have to look far to locate hotspots where they can relax, have fun, and spice up their social life. The Oshodi Art Gallery, The Origin Gardens, Dream Park and Gardens are all fantastic places to start. You can also wine and dine at Chicken Republic, Magrellos fast food, and Dominos Pizza.
Night Life
Ikorodu features a number of clubs and pubs that offer a fun nightlife. All you have to do now is choose. At Haven Lounge & Club, The Place Lounge, and Anchor Point Grills, the party never ends.
Schools
Parents who reside in Ikorodu and want to provide their children with a high-quality education will be relieved to find that there are several good schools to select from. Some examples are Landmark College, Great Joy Schools, Unique Blossom Schools, and Lighthouse International Schools.
Read the full area guide for Ikorodu, 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 The Build Centre Properties. 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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21 Mojidi Street, Ikeja, Lagos, Nigeria
0902 XXXX Show Phone
+2347049744444
Registered 1 year ago
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