5-Bedroom Block of Flats for Sale in Benin City

5-Bedroom Block of Flats for Sale in Benin City - 1
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Price Analysis Great Deal

Based on 2991 similar listings

Market Demand

High Demand

Details

Title
Deed of Assignment, Receipt (Signed)
Toilets
6
Bedrooms
5
Agent Fee
₦ 5
Bathrooms
6
Condition
Newly Built
Furnishing
Unfurnished
Listing by
Agent
Property Type
Block of Flats
Property size
450 sqm
Self Contained
Yes
Property Address
Idokpa Community off Benin Auchi Express Road

5-Bedroom Block of Flats for Sale in Benin City Highlights

  • Prime Location Potential: Properties in established communities like Idokpa often benefit from proximity to major express roads, facilitating easier commutes and access to essential services. This area is known for its developing infrastructure.
  • Spacious Block of Flats Layout: A block of flats typically offers multiple independent living units, providing rental income potential or accommodation for extended families. The 5-bedroom configuration suggests generous living spaces within each unit.
  • Modern Construction Standards: Newly built properties generally adhere to current building codes and incorporate modern design elements. This often translates to better structural integrity and potentially more efficient use of space.
  • Essential Utility Access: Properties in developing areas often focus on providing reliable access to water and electricity, crucial for comfortable living. Buyers should verify the current status of these utilities.
  • Security Considerations: Residential areas aim to provide a safe environment for occupants. Security features can range from perimeter fencing to proximity to local security services.

Description

• Five units of 1-bedroom apartments, 75% completed, offering significant rental income potential. • Located 5 plots off the Benin–Auchi Express Road in the Idokpa Community, Benin City. • Property sits on a 50x100ft plot in a developed area with good road access. • Features 24/7 electricity, ensuring consistent power supply for tenants. • Ideal for investors looking to complete and rent out in a rapidly developing commercial zone. • Close proximity to the express road facilitates easy transportation and accessibility.

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ConditionNewly BuiltFairly UsedRenovated
Property TypeBlock of FlatsApartmentBlock of Flats
Bedrooms521
Bathrooms6210
FurnishingUnfurnishedUnfurnishedUnfurnished
Self ContainedYes—Yes
TitleDeed of Assignment, Receipt (Signed)Deed of Conveyance, Receipt (Signed)Certificate of Occupancy
Toilets6210
Agent Fee₦ 5₦ 5—
Listing byAgentAgentAgent
Property size450 sqm560 sqm929 sqm
Property AddressIdokpa Community off Benin Auchi Express RoadIDOGBO BENIN ABRAKA ROAD BENIN CITY EDO STATE10-room bedsitter on 100/100 land at Benin City
Price₦ 35,000,000₦ 25,000,000₦ 34,000,000