13-Bedroom Block of Flats for Sale in Iju-Ishaga

13-Bedroom Block of Flats for Sale in Iju-Ishaga - 1
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Price Analysis Above Market

Based on 4012 similar listings

Market Demand

High Demand

Details

Title
Receipt (Signed), Registered Survey
Toilets
10
Bedrooms
13
Bathrooms
13
Condition
Old
Facilities
24 Hours Electricity
Furnishing
Semi-Furnished
Listing by
Agent
Estate Name
Not inside estate
Parking Space
true
Property Type
Block of Flats
Property size
900 sqm
Number of Cars
12
Self Contained
No
Property Address
obawole at ogba, Lagos State

13-Bedroom Block of Flats for Sale in Iju-Ishaga Highlights

  • Spacious Layout: Blocks of flats typically offer multiple individual units, providing ample living space and privacy for residents. This configuration is ideal for larger families or for rental income generation.
  • Potential for Rental Income: A block of flats presents a significant opportunity for investors to generate rental income from multiple units. The demand for rental properties in urban areas often remains strong.
  • Established Neighbourhoods: Properties located outside of formal estates are often found in established neighbourhoods. These areas usually have existing infrastructure, local markets, and community services.
  • Utility Reliability: Access to reliable utilities like 24-hour electricity is crucial for comfortable living. This ensures consistent power supply for daily needs and appliances.
  • Parking Capacity: Adequate parking space is a key consideration for multi-unit dwellings. A property with ample parking can accommodate multiple vehicles, which is beneficial for residents and visitors.

Description

• Comprises four 3-bedroom flats on a 900 sqm plot, offering significant rental income potential. • Located in Obawole, Iju-Ishaga, a well-established and accessible area of Lagos. • Property includes 13 bedrooms and 13 bathrooms across the four units. • Documentation includes receipt and survey, ready for transfer. • Ample parking space available, accommodating up to 12 vehicles. • Semi-furnished units with 24-hour electricity provision. • Situated outside a formal estate, providing flexibility for future development.

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ConditionOldNewly BuiltNewly Built
Property TypeBlock of FlatsDuplexDuplex
Bedrooms1354
Bathrooms1355
FurnishingSemi-FurnishedSemi-FurnishedUnfurnished
Facilities24 Hours ElectricityTiled Floor, Balcony, Dining Area, Pop Ceiling, Wardrobe, BBQ Area, Borehole, CCTV, Chandelier, Children's Play Area, Emergency Exits, En Suite Bathroom, Firefighting Equipment, Fitted Kitchen, Garden, Gated Community, Hot Water, Microwave, Security, Swimming PoolTiled Floor, Balcony, Dining Area, Pop Ceiling, Wardrobe, 24 Hours Electricity, BBQ Area, Borehole, CCTV, Chandelier, En Suite Bathroom, Fitted Kitchen, Gated Community, Hot Water, Pre Paid Meter
Parking Spacetrue——
Self ContainedNo——
TitleReceipt (Signed), Registered SurveyCertificate of Occupancy, Governor's ConsentDeed of Conveyance
Toilets1055
Listing byAgentAgent—
Estate NameNot inside estateRoyal Garden Estate—
Property size900 sqm800 sqm400 sqm
Number of Cars12——
Property Addressobawole at ogba, Lagos StateRoyal Garden EstateGRA, Port Harcourt
Price₦ 500,000,000₦ 450,000,000₦ 400,000,000