12 bedroom block of flats for sale
Abiona Close, Off Falolu, Surulere, Lagos
Property for sale ---
abiona close (off falolu), surulere, lagos
property type: income‑producing block of flats (residential)location: abiona close, off falolu, surulere --- quiet, established residential neighbourhood with strong rental demandtitle / documents: registered title (vendor to provide certified copies)asking price: ₦320,000,000 (slightly negotiable)
property summary
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a solidly constructed block comprising four self‑contained flats arranged for immediate rental or owner occupation. the property sits within a secure, serene environment in central surulere --- a high‑demand location for professionals, families and corporate tenants. offered with a registered title and attractive for investors seeking stable cashflow or owner‑occupiers who wish to benefit from ancillary rental income.
accommodation & unit mix
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- 2 × 4‑bedroom apartments (spacious family units)
- 2 × 2‑bedroom apartments (compact self‑contained units)total units: 4 flats
condition & finishes
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- solid construction throughout --- well maintained (detailed condition report available on request)
- internal finishes and fittings to be confirmed on inspection (tiles, ceilings, kitchens and sanitary ware)
- secure compound and neighbourhood setting providing tenant appeal and privacy
key features & amenities
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- registered title --- clearable for transfer (buyers should verify certified copies)
- located in a low‑traffic cul‑de‑sac (abiona close) offering reduced noise and enhanced security
- strong rental catchment: close proximity to commercial nodes, schools, hospitals and public transport in surulere
- potential for immediate rental income with minimal capital expenditure (subject to tenant status)
- opportunity to add value through targeted refurbishment, unit reconfiguration or rebranding to serviced/short‑let product
location & accessibility
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- positioned off falolu within surulere --- easy access to major roads connecting to lagos island, yaba and mainland districts
- close to retail amenities, banks, eateries and transport routes; strong appeal to working professionals and families
title & legal considerations
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- title: registered title --- vendor to provide certified copies for pre‑contract review
- recommended buyer due diligence: title verification, boundary confirmation via licensed surveyor, and solicitor engagement to manage transfer and any stamp duty/fees.
- if any tenancy or occupancy arrangements exist, buyer should confirm tenancy schedules and arrears (if applicable).
investment highlights
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- established rental asset in a high‑demand surulere location --- attractive for buy‑and‑hold investors.
- diversified unit mix (2×4‑bed + 2×2‑bed) provides multiple income streams and tenant profiles.
- registered title simplifies financing options for buyers seeking mortgage facilities.
- slight price flexibility presents negotiation room for quick/compliant buyers.
sale terms & viewings
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- asking price: ₦320,000,000 (slightly negotiable for serious/qualified purchasers)
- viewings strictly by appointment; prospective buyers must provide proof of funds and valid identification prior to inspection.
- reservation deposit and formal sale terms to be agreed on offer acceptance; standard conveyancing procedure to follow.
what we can provide on request
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- certified copies/scans of the registered title and survey plan (upon vendor consent)
- recent photographs, unit floor plans and tenancy schedule (if occupied)
- indicative rental income estimate and yield analysis based on current local comparables
- introduction to recommended solicitors, surveyors and property managers to support due diligence and post‑acquisition management
disclaimer: information provided by the vendor and subject to verification. prospective purchasers should carry out independent due diligence, title checks and legal verification prior to commitmen...
More details
Added Yesterday
₦320,000,000
The Build Centre Properties
09028190510