Block of Flats for Sale in Ejigbo, Lagos

Block of Flats for Sale in Ejigbo, Lagos - 1
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Price Analysis Good Price

Based on 4157 similar listings

Market Demand

High Demand

Details

Title
Certificate of Occupancy
Bedrooms
3
Bathrooms
4
Condition
Fairly Used
Furnishing
Unfurnished
Property Type
Block of Flats
Property size
648 sqm
Property Address
Iyana Ejigbo, Lagos state

Block of Flats for Sale in Ejigbo, Lagos Highlights

  • Prime Ejigbo Location: Ejigbo is a well-established residential and commercial area in Lagos, offering good accessibility and a range of local amenities. Properties here are often sought after for their connectivity to other parts of the city.
  • Spacious Block of Flats: A block of flats provides multiple independent living units within a single structure. This layout is suitable for rental income generation or for accommodating extended families.
  • Generous Property Size: A property size of 648 square meters offers ample space for the building footprint and potential for future expansion or landscaping. This size is typical for multi-unit residential developments.
  • Certificate of Occupancy (C of O): A Certificate of Occupancy is a crucial legal document in Nigeria that grants the holder the right to occupy and use a property for a specified term. It signifies a degree of legal certainty for ownership.
  • Potential for Renovation: Properties described as 'fairly used' often present an opportunity for buyers to renovate and update according to their specific tastes and needs. This can add significant value.
  • Unfurnished for Customization: An unfurnished property allows new owners or tenants the freedom to select and install their own furniture and appliances, tailoring the living space to their personal style and requirements.

Description

• Property comprises a 3-bedroom duplex at the front, a 3-bedroom apartment upstairs at the back, a 2-bedroom apartment upstairs at the back, and two 2-bedroom apartments on the ground floor at the back, totaling five spacious units. • Situated on a full plot of land in Iyana Ejigbo, Lagos. • Includes a Certificate of Occupancy (C of O) as documentation. • The building is in fairly used condition. • Unfurnished property. • Total property size is 648 sqm. • Asking price is NGN 200,000,000, with a net price of NGN 180,000,000.

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ConditionFairly UsedNewly BuiltNewly Built
Property TypeBlock of FlatsDuplexApartment
Bedrooms353
Bathrooms474
FurnishingUnfurnishedFurnishedUnfurnished
TitleCertificate of OccupancyRegistered Survey, Receipt (Signed), Certificate of Occupancy—
Property size648 sqm350 sqm500 sqm
Property AddressIyana Ejigbo, Lagos stateogbaJahi Abuja
Price₦ 200,000,000₦ 220,000,000₦ 230,000,000