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Listing Title:
Discounted Luxury 4‑Bedroom Maisonette (3 Floors) --- 90% Completed. (Developer had run out of funds)
Probyn (Off Bourdillon Rd), Ikoyi ---
₦1.6 Billion
Overview:
Rare opportunity to acquire a near‑completed luxury 4‑bedroom maisonette spread over three floors in the prestigious Probyn area off Bourdillon Road, Ikoyi. Constructed to high standards and offered at a discounted price, this property is ideal for a discerning family, executive buyer or investor seeking a high‑end residence in one of Lagos' most exclusive neighbourhoods. Construction is 90% complete --- fast handover possible after final finishes and snagging.
Key Details:
- Property type: 4‑bedroom maisonette (3 floors)
- Location: Probyn, off Bourdillon Road, Ikoyi
- Completion status: 90% complete --- final finishing & snagging pending
- Title: Lagos State Certificate of Occupancy (C of O)
- Asking price: ₦1,600,000,000 (discounted)
- Photos: Available on request
- Availability: Near‑term handover possible once final works are completed
Location & Area Advantages:
- Prime Ikoyi address --- Probyn/Bourdillon corridor known for high capital appreciation and premium residential stock
- Close to embassies, private schools, premium retail, dining and business hubs
- Excellent road connectivity to Ikoyi, Victoria Island and other central Lagos nodes
- Prestigious neighbourhood suitable for high‑profile homeowners and expatriates
Expected Layout & Internal Features (to be confirmed on inspection)
- Four well‑proportioned bedrooms, including a master suite with en‑suite bathroom and dressing/walk‑in closet
- Multiple living spaces: formal reception, family lounge and intimate sitting areas across floors
- Separate formal dining area and modern fitted kitchen (provisions for built‑in appliances)
- Guest cloakroom / powder room and utility/store rooms
- Private balconies and terraces for upper bedrooms and living areas (typical for maisonette design)
Note: Exact internal layout, room sizes and final finishes will be provided to interested buyers and confirmed during site visits.
Finishes, Fixtures & Inclusions (near completion)
- High‑quality finishes consistent with luxury-grade developments --- final finishings underway
- POP ceilings with provision for feature lighting and chandeliers
- Contemporary sanitaryware and premium bathroom fittings
- Fitted wardrobes or provision for wardrobes in bedrooms (confirm specifics)
- Hot water provision (water heaters) --- confirm installation status
- Secure parking allocation for residents (confirm number of bays)
Building & Mechanical Specifications
- Robust structural finish nearing completion; developer/spec sheet available on request
- Estate/building security provisions expected --- gated access and perimeter security (confirm specifics)
- Provision for reliable utility arrangements (power/water) --- confirm backup/power solutions and estate services
- Lift provision (if any) and other mechanical installations to be confirmed on request
Investment & Lifestyle Highlights:
- Trophy residence in a top Ikoyi micro‑location with strong long‑term capital appreciation
- Near completion: opportunity for quick possession and early customisations during final works
- Attractive to owner‑occupiers seeking privacy, space and prestige; equally suitable as a high‑end rental for corporate/executive tenants
- Discounted pricing at this stage presents potential upside for buyers willing to complete remaining works
Title, Documents & Due Diligence:
- Title: Certificate of Occupancy (C of O) --- available for verification
- Developer/seller to provide construction/specification sheet, snag list and other compliance documents on request
- Buyers are strongly advised to perform standard due diligence: title verification, building plan/survey check, inspection, snagging report, and confirmation of completion/permitting status
Price, Terms & Negotiability:
- Asking price: ₦1,600,000,000 (discounted)
- Payment terms and negotiation to be discussed with seller/developer
- Buyers to account for customary acquisition costs (legal fees, stamp duty, transfer fees) unless otherwise agreed
Viewing, Snagging & Handover:
- Property currently at final finishing stage (90%) --- site visits and detailed walk‑throughs encouraged for serious buyers
- Snagging inspection can be arranged; developer open to discussing timeline for final works and handover with purchaser
- Photos and video tours available; accompanied viewings recommended
Next Steps & Contact:
- Request full photo gallery, floor plans, specification sheet and C of O
- Arrange an on‑site inspection and snagging appointment
- Submit proof of funds/serious interest to access detailed documents and priority viewing slots
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.
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Ref: Daka
Property Ref: 3079798 | Added On: 07 Sep 2025 | Last Updated: 07 Sep 2025 |
Market Status: Available | Type: House | Bedrooms: 4 |
Bathrooms: 4 | Toilets: 5 | Parking Spaces: 4 |
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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