Key details

Title

Certificate of Occupancy

Toilets

10

Bedrooms

15

Bathrooms

14

Condition

Fairly Used

Furnishing

Unfurnished

Property Type

Block of Flats

Property size

750 sqm

Property Address

Puposola Abule Egba

15-Bedroom Block of Flats for Sale in Abule Egba Highlights

• Prime Location in Abule Egba — Abule Egba is a well-established area in Lagos, known for its commercial activity and accessibility. Properties here benefit from proximity to major transport routes and essential services.
• Generous Living Space — A block of flats offers multiple individual units, providing significant rental income potential or ample space for a large family. The property size indicates substantial room for development or expansion.
• Multiple Units for Investment — Blocks of flats are a popular investment vehicle, offering diversified rental income streams. This setup is ideal for property investors seeking consistent returns in a sought-after location.
• Certificate of Occupancy — A Certificate of Occupancy (C of O) is a vital legal document that confirms the holder's right to occupy and use a property. It signifies a degree of legal certainty regarding land ownership.
• Potential for Renovation — Properties described as 'fairly used' often present an opportunity for buyers to renovate and upgrade according to their specific needs and market demands. This can add significant value.

Description

• Solidly built storey building on 1.5 plots, comprising 8 flats in the main building and 2 flats in the boy's quarters, totaling 10 units. • Main building: 1 x 3-bedroom, 2 x 2-bedroom, 5 x mini-flats. • Boy's quarters: 1 x 2-bedroom, 1 x mini-flat. • Located in Puposola, Abule Egba. • Property Title: Certificate of Occupancy. • Land size: 750 sqm. • Condition: Fairly used, unfurnished. • Asking Price: NGN 190,000,000.

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