5 bedroom house for sale
GRA Phase 2, Magodo, Lagos
Listing title
for sale --- furnished 5‑bedroom duplex with 3‑bed basement, private cinema, gym & pool ---
magodo phase 2
₦700,000,000
c of o 520 sqm
overview
a rare turnkey opportunity in sought‑after magodo phase 2 --- a fully furnished, well‑appointed 5‑bedroom duplex sitting on a 520 sqm fenced plot with a separate 3‑bedroom basement duplex. the property combines luxury leisure amenities (private cinema, pool, gym), robust back‑up power (mikano generator) and ample parking. ideal as an executive family home, short‑let/serviced residence, corporate hq or high‑yield rental investment. owner relocating --- sale motivated.
property summary
- type: detached 5‑bedroom duplex with separate 3‑bed basement duplex (all rooms en‑suite)
- land size: 520 sqm (fully developed plot)
- price: ₦700,000,000 (seven hundred million naira)
- title: certificate of occupancy (c of o) --- available for verification
- condition: furnished, ready for immediate occupation or operation
accommodation & internal features
- main house: 5 spacious bedrooms, all en‑suite (including master suite with premium fittings)
- basement: self‑contained 3‑bedroom basement duplex (all en‑suite) --- ideal for guest/extended family or rental income
- private cinema / media room finished with soundproofing and seating
- family lounge and formal living/dining areas with quality finishes
- fully fitted kitchen(s) with modern cabinetry and appliances; pantry and utility area
- built‑in wardrobes, box room and adequate storage throughout
- balcony/terrace spaces and well‑designed internal circulation
leisure, services & external features
- private swimming pool with tiled deck and landscaped poolside area
- fully equipped gym/fitness room with flooring and equipment (transferable on sale)
- ample on‑plot parking for multiple vehicles and guest parking areas
- reliable backup power via mikano generator (sized for full critical loads) and supporting mep infrastructure
- borehole/treated water and overhead storage (confirm capacity on inspection)
- secure fenced compound with perimeter lighting and provision for cctv/security systems
why this property is special
- turnkey luxury product in magodo phase 2 --- immediate revenue/cashflow potential for short‑let or corporate tenancy
- dual accommodation (main house + basement duplex) increases flexibility: live in main house and lease basement, or operate full property as short‑stay/residence with higher yield
- strong build quality and solid mep setup (generator and water solutions) reduce post‑acquisition capex
- well suited for high‑value rental market, family residence, boutique serviced apartments or executive office conversion (subject to estate rules)
location & transport benefits
- magodo phase 2: mature, secure estate with good internal infrastructure and proximity to major lagos nodes
- convenient road access to ikeja, allen avenue, lagos mainland and key business districts --- attractive for commuting executives and corporate tenants
- close to schools, shopping, healthcare and leisure amenities serving magodo and neighbouring communities
investment & commercial appeal
- multiple income options: long‑let, short‑let/airbnb, corporate lease or part‑let (basement) --- flexible exit strategies for investors
- strong tenant demand in magodo for quality, ready homes and executive accommodation supports robust rental yields and quick re‑letting cycles
- title clarity (c of o) facilitates financing and smooth transfer for qualified buyers
due diligence checklist (recommended)
- verify certificate of occupancy and chain of title with your solicitor
- physical inspection and snagging report / condition survey (including pool, mep, generator, plumbing and roof)
- confirm inventory list for furnished items to be transferred on sale
- confirm utility status: generator capacity, borehole yield, water tanks and electrical setup
- check any estate covenants, service charges or approvals required for change of use (if considering commercial/short‑let operation)
sale process & viewings
- viewings: by appointment only for pre‑qualified buyers --- proof of funds or bank reference required before detailed document release and private inspection
- offers: submit a letter of intent (loi) with evidence of funds; successful buyers will be given full dossier and invited to inspect the property
- transfer: standard conveyancing applies --- buyer to instruct solicitors for searches, contract and completion
the build centre properties ltdtel: +234 708 056 2616 +234 814 455 0891email: [email protected]
serious buyers only. all information provided in this listing is offered in good faith and should be independently verified during due diligence.
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₦700,000,000
The Build Centre Properties
09028190510