Key details

Parking

Yes

Agency Fee

₦ 5

Estate Name

Peace Estate

Property Size

5,000 sqm

Property Type

Apartment

Number of Bedrooms

11

House Commissioning

2026

Number of Bathrooms

10

Status of Construction

Frame Finished

11-Bedroom Block of Flats for Sale in Peace Estate, Ikorodu Garage Highlights

• Prime Location in Ikorodu — Properties in Peace Estate, Ikorodu, often benefit from proximity to key transport links and commercial centers. This area is known for its developing infrastructure and growing residential appeal.
• Multi-Unit Residential Property — A block of flats typically offers multiple independent living units within a single structure. This layout is designed for rental income generation or accommodating extended family.
• Frame Finished Construction — With the frame finished, the structural integrity of the building is complete. This stage signifies that the main load-bearing elements are in place, allowing for subsequent finishing work.
• Future Commissioning — The property is slated for commissioning in 2026. This indicates a planned completion date, allowing potential buyers to anticipate future occupancy or rental readiness.
• Potential for High Yield — Blocks of flats, especially in developing areas like Ikorodu, can offer significant rental yield potential. The multiple units allow for diversified income streams.

Description

• Block of 11 self-contained units on a full plot (60x120ft). • Configuration: 8 units of 'room and parlor' self-contain, and 3 units of 'room' self-contain. • Located in Peace Estate, Alashe, behind Mosimi NNPC, off Shagamu Road, Ogun State. • Property includes a finished soakaway. • Title documents: Family receipt and deed of assignment. • Situated in a developing area with potential for rental income.

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