Block of Flats for Sale in Ikotun, Lagos - Great Investment Opportunity

About this property

This block of flats presents an excellent opportunity for investment in a bustling area of Ikotun, Lagos. Spanning an expansive 911 square meters, the property features a total of seven flats, making it ideal for generating rental income or for larger family living arrangements. Located conveniently off the Ikotun-Igando road, you'll find that public transport options are just a stone's throw away, enhancing accessibility for residents and guests alike. The main building houses four well-proportioned three-bedroom flats, each designed to offer ample living space. In addition, there are two two-bedroom flats situated in a cozy bungalow at the rear of the property, providing alternative accommodation options. Rounding out the offering is a mini-flat located next to the gate, perfect for a caretaker or as additional rental space. This variety in flat sizes caters to different tenant needs and preferences. Residents will enjoy the benefits of a prepaid meter, ensuring a straightforward utility management experience. The property is situated on a sizeable plot, allowing for further development or outdoor amenities if desired. As an added bonus, the legal documents are in order, including a registered survey, omonile receipt, and deed of assignment, which simplifies the transaction process. Investing in this block of flats not only offers immediate rental possibilities but also potential for future growth in a thriving neighborhood. With its strategic location and versatile flat options, this property is a strong contender for those looking to expand their real estate portfolio or settle in a vibrant community.

Title documents

• Deed of Assignment

Location

Alonge Street, Ikotun, Lagos