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Listing titleFor Sale --- 2 Wings of 4‑Bedroom Semi‑Detached Houses + BQ on 1,230 sqm --- Magodo Phase 1 C of O ₦500,000,000 (Asking)
OverviewExcellent family or investment compound in prime Magodo Phase 1 --- two wings of modern 4‑bedroom semi‑detached houses with a boys' quarter, set on a substantial 1,230 sqm plot. Offered with a clean Certificate of Occupancy (C of O), this turnkey property is ideal for multi‑family occupation, executive rentals or an investor seeking immediate rental cashflow in a well‑serviced estate.
Property summary
- Product: Two wings (separate semi‑detached units) of 4‑bedroom semi‑detached houses + self‑contained boys' quarter (BQ)
- Land area: 1,230 sqm (single consolidated plot)
- Location: Magodo Phase 1, Lagos --- desirable GRA neighbourhood with good estate services and security
- Title: Certificate of Occupancy (C of O) --- available for verification
- Asking price: ₦500,000,000 (Five hundred million Naira)
- Photos: Available on request
Accommodation & key features
- Each wing: 4 spacious bedrooms (en‑suite where applicable) with modern finishes
- Separate living and family/lounge areas for flexible use and entertaining
- Fully fitted kitchen(s) and dining areas
- Self‑contained boys' quarter for staff or additional rental income
- Generous compound providing parking, landscaped areas and privacy between units
- Solid build quality and maintained interiors (ready for occupation or letting)
Location & neighbourhood benefits
- Magodo Phase 1: mature, well‑managed estate known for security and convenience --- strong tenant demand from professionals and families
- Easy access to major mainland routes, Ikeja, Allen Avenue and nearby commercial hubs
- Close to schools, healthcare facilities, shopping and transport links
Investment & buyer appeal
- Dual occupancy flexibility: live in one wing and let the other, or operate both as rental units for immediate income
- Strong buy‑to‑let market in Magodo Phase 1 supports stable yields and low vacancy risk
- C of O title supports financing options and smooth transaction for qualified buyers
Title, documentation & due diligence
- Title: Certified Certificate of Occupancy (C of O) available to qualified buyers and solicitors for verification
- Recommended checks: solicitor title search, boundary confirmation against survey (if required), inspection of utilities (generator/borehole if present), and a basic condition survey
Viewing & sale process
- Viewings: By appointment only for pre‑qualified buyers. Proof of funds or bank reference required before release of full documents and site access.
- Offers: Submit a Letter of Intent (LOI) with buyer details and proof of funds. Shortlisted buyers will receive full dossier and be invited for inspection.
- Transaction: Standard solicitor‑led conveyancing applies --- buyer to budget for legal fees, stamp duty and registration.
NoteAll information is provided in good faith and should be independently verified by prospective buyers and their advisors. Price and availability are subject to prior sale.
Ref: Nnedu
Property Ref: 3130908 | Added On: 05 Oct 2025 | Last Updated: 05 Oct 2025 |
Market Status: Available | Type: Semi-detached Duplex | Bedrooms: 8 |
Bathrooms: 8 | Toilets: 10 | Total Area: 1,230 sqm |
Omole Phase 1, one of Lagos's oldest and most well-known residential estates, provides estate shuttles, proper security, good roads, clean streets and drainages, dependable power supply, and powered street lights. It is not surprising that Psquare purchased a 300 million naira villa there.
In Omole phase 1, there are no open-air markets, but there are several indoor shopping options. Residents can shop at Old English Superstore, Riggs Plaza, Choice House, Mag Diva Boutique, Hair & Beauty Store, and other locations.
Omole phase 1 is a single estate with no sub-estates. To aid identification, the estate is divided into three zones: Tioluwani's law zone, Apple zone, and Diary zone.
Omole Phase 1 has a few interesting areas, but there are more exciting places nearby. Some notable locations include Maden Place, Sweet Sensation, Johnson Jakande Tinubu Park, and Kanu Ndubuisi.
Omole Phase 1 residents receive excellent education. Popular schools in the area include Gem Private School, Cute Twinkles School, Mind Builders School, and others.
Read the full area guide for Omole Phase 1, Ikeja, Lagos.
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