Economic Unit Of 1 X 3 Bedroom + 2 Mini Flats For Acquisition
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Property Description
FOR SALE- WATCH VIDEO ABOVE
1. Property Overview
- Type: Residential compound on half plot
- Units: 1 × 3‑bedroom bungalow + 2 × mini‑flats (one upstairs, one downstairs)
- Condition: Habitable --- suitable for immediate occupation or rental
1. Location
- Area: Ijegun Isheri Road corridor, Lagos
- Positioning: Two houses to the express road --- excellent access and visibility; close to transport links, markets and local amenities
1. Land Size & Layout
- Land: Half plot
- Layout: Detached 3‑bedroom bungalow plus two self‑contained mini‑flats within the same compound --- efficient use of half‑plot space with compound parking
1. Price & Payment
- Asking Price: ₦80,000,000 (Eighty Million Naira) --- asking price
- Payment: Direct purchase from owner; terms can be discussed during negotiation
1. Title & Documentation
- Documents Available: Registered Survey Plan and Government Receipt --- ready for verification and transfer
1. Key Features & Specifications
- 3‑bedroom bungalow (main house) --- suitable for family use
- Two self‑contained mini‑flats (upstairs and downstairs) --- ideal for rental income or extended family use
- Compound space for parking and future minor expansion (generator, store, etc.)
- Close proximity to express road ensures ease of access and strong rental demand
1. Benefits to Buyer / Investment Appeal
- Dual income potential: owner occupation in the bungalow with instant rental income from mini‑flats
- Strategic location near Ijegun Isheri expressway --- high tenant demand and easy resale/liquidity
- Clean survey documentation simplifies the transfer process and supports financing
Serious buyers only. Quick sale possible --- act now to secure this well-located, income-generating property.
Ref: Efosa
Property Details
| Property Ref: 3197428 | Added On: 11 Nov 2025 | Last Updated: 11 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 5 |
| Bathrooms: 5 | Toilets: 5 |
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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21 Mojidi Street, Ikeja, Lagos, Nigeria
0902 XXXX Show Phone
+2347049744444
Registered 1 year ago
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