Description

An excellent real estate opportunity perfect for investors and income property seekers, this solidly built compound sitting on a full plot of land measuring 60ft by 120ft is strategically located around Ayobo Roundabout with direct and easy access to the main tarred road, ensuring convenience and excellent connectivity. The property boasts a total of sixteen (16) room-and-parlour self-contained units along with two additional spacious units of two-bedroom flats, making it ideal for steady rental income or conversion into a residential mini-estate or commercial lodge. The entire compound is gated, fully fenced, and professionally floored, providing security, comfort, and low-maintenance surroundings for tenants. Located in a thriving and fast-developing axis of Ayobo, the structure is built with longevity in mind and lies in a peaceful, yet well-connected neighborhood. Title documentation includes the recognized Omo Onile Family Receipt, and the property is priced attractively at a net price of ₦50 million — strictly not negotiable. This is a rare find for any serious investor looking for a property with existing rental flow potential and room for appreciation in value.

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Address

  • Address Ayobo, Ipaja, Lagos
  • Province/State
  • City/Town
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Overview

  • Property ID 9089
  • Price N50,000,000
  • Property Type
  • Property status
  • Bedrooms 24
  • Land area 670 m2
  • Label
  • Condition Fairly Used

Features

Title Documents

Video

Sweet 16 Rooms & Parlours on Full Plot Of Land

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