Block of Flats on Allen Avenue, Ikeja, Lagos

Property listing: prime value‑add block(s) of flats --- opebi, ikejalocation: opebi, ikeja, lagosland size: 520.003 sqmasking price: ₦400,000,000 (four hundred million naira)title: registered conveyance overviewan exceptional buy‑and‑renovate opportunity located in the secure and highly sought opebi/ikeja corridor. this asset comprises existing blocks of flats on a substantial 520.003 sqm parcel --- perfectly positioned for an investor or developer to refurbish for immediate rental uplift or undertake a higher‑value repositioning scheme. property highlights - existing residential blocks offering a clear value‑add play through renovation and professional management. - generous land size (520.003 sqm) providing compound space for parking, landscaping or modest extensions. - situated in a well‑secured neighbourhood with estate character and strong tenant demand. - title: registered conveyance --- documentation available for verification. location advantages - opebi/ikeja: prime mainland location with strong corporate and residential demand driven by proximity to ikeja gra, allen avenue, and major commercial hubs. - excellent transport links: easy access to ikorodu road, allen/oba akran corridors and public transport nodes. - close to key amenities: banks, shopping centres, hospitals, schools and corporate offices --- a reliable tenant catchment for professional and family lets. - proven capital appreciation corridor with sustained rental market activity. investment & redevelopment opportunities - reposition and refurbish: upgrade units to modern finishes and facilities to command higher rents and reduce vacancy. - rebrand for short‑let/serviced apartments targeting corporate travellers and expatriates. - moderate redevelopment: subject to planning, potential for adding value through reconfiguration, conversion to higher‑grade units or improved common areas. - hold‑and‑manage: immediate rental income while planning a phased redevelopment. commercial case - value‑add investment: acquire at an asking price that allows room for renovation costs and targeted yield uplift. - flexible exit strategies: stabilized rental income, sale of upgraded asset at premium, or full redevelopment for higher density/returns. - institutional appeal: suitable for property funds, developer groups and high‑net‑worth investors seeking opebi exposure. documentation & due diligence - title: registered conveyance --- prospective buyers may complete standard process to perfect title as required. - recommended due diligence: physical inspection, occupancy/tenancy audit, structural survey, services/utilities check and verification of conveyance documentation. full documentation available on request to qualified parties. sale terms & viewing - asking price: ₦400,000,000 --- serious buyers only. - viewings: by appointment for pre‑qualified purchasers (proof of funds required). - transaction: preferred buyers prepared for a prompt closing given the asset's strategic location and investment potential. contact; for confidential discussions, to obtain the due‑diligence pack or to schedule a private inspection, contact:[agent / owner name]phone: [insert number] email: [insert email] a strategic opebi asset offering immediate income potential and a high‑return renovation/repositioning pathway --- recommended for investors seeking a prime mainland opportuni...

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