Toyin Street, Ikeja, Lagos
₦200,000,000
| Property Ref: 3052046 | Added On: 24 Aug 2025 | Last Updated: 03 Sep 2025 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 3 |
| Bathrooms: 3 | Toilets: 4 | Parking Spaces: 3 |
Title
New Apartment Development --- Off Toyin Street (Near Allen Avenue), Ikeja Direct Sale
Headline
Secure Investment: 5Unit New Build (5 x 3Bedroom.
Modern Specs, Gov. Consent --- Completion: Sept 2025
Key facts
- Location: Off Toyin Street, close to Allen Avenue, Ikeja, Lagos
- Units: 5 3bedroom apartments;
- Title: Governor's Consent obtained
- Sale type: Direct (vendor mandate)
- Completion / handover: End of September 2025
- Asking prices (as delivered): 200,000,000
- Finished unit prices (upgraded / turnkey finish): 3bedroom: 250,000,000
Short description (portal summary)
Brandnew, secure 5unit apartment development at the heart of Ikeja --- minutes from Allen Avenue. Built to modern standards with Governor's Consent in place, the scheme comprises five 3bedroom apartments with premium fittings, CCTV, solar/inverter backup and dedicated parking.
Sale direct from vendor.
Completion scheduled for September 2025. Ideal for investors, corporate housing or owneroccupiers seeking immediate posthandover rental income or a turnkey home.
Detailed description
A quality new build positioned in a strategic Ikeja location offering convenience to commercial hubs, transport links and retail amenities. The development is designed with contemporary finishes and practical features that reduce running costs and enhance security --- including solar panels and inverters, CCTV surveillance and smoke alarm systems. Each apartment will be fitted with a modern kitchen and premium finishes; buyers may opt to purchase in current specification or at the turnkey finishing price.
Full specification & features
- Unit mix: 5 3bedroom apartments;
- Internal finish: aesthetic POP ceilings, topgrade sanitary ware and fittings, fitted kitchen (specs available)
- Safety & security: gated entrance with gatehouse, premium security provisions, closecircuit surveillance (CCTV), smoke alarm system
- Power & water resilience: inverters + solar panels (reduces generator run time), clean water provision (borehole/water treatment to be confirmed)
- Comfort & convenience: designated parking spaces, quality floor finishes, builtin wardrobes (where applicable)
- Servant accommodation: boys' quarters on site
- Neighbourhood: established residential/commercial area with easy access to Allen Avenue, Ikeja GRA, Ikeja City Mall, government offices and transport corridors
Title & legal
- Governor's Consent fee paid / obtained --- vendor will provide title documentation pack for verification during due diligence.
- Standard legal checks and transfer process to be undertaken by purchaser (legal fees & transfer taxes apply).
Pricing & purchase options
- As delivered (standard finish): 3bedroom --- 200,000,000
- Turnkey finishing upgrade (higher specification / turnkey handover): 3bedroom --- 250,000,000 (Clients to confirm preferred finish level at reservation stage; finishing upgrades reflected in sale contract.)
Investment highlights
- Prime Ikeja location near Allen Avenue --- high tenant demand from professionals, institutions and corporates
- Modern energy resilience (solar + inverters) reduces operating costs and increases tenant appeal
- Small block scale (6 units) ideal for owneroccupiers seeking rental offset, or investors building a lowmanagement income asset
- Gov. Consent in place simplifies title transition and financing potential
Ideal buyer profile
- Residential investors seeking stable rental yield in Ikeja
- Owneroccupiers looking for a ready new home with premium finishes
- Corporate buyers for staff accommodation / executive housing
- Property funds or private investors seeking small, highquality portfolios
Due diligence & documentation available
- Governor's Consent documentation and title pack (on request)
- Architectural/general arrangement drawings and unit floor plans
- Specification schedule and finishing options sheet
- Project programme and completion timetable
- Site photos and developer credentials (available on request)
Next steps & how to proceed
.
1. Submit a formal expression of interest and preferred unit/finish option.
2. Site visit and inspection by appointment.
3. Agree heads of terms and reservation deposit to secure unit.
4. Execute sale agreement and complete legal/title transfer prior to handover in Sept 2025.
Contact / Viewing
Note
All details provided by the vendor and subject to verification. Prices and completion timeframe are as stated and may be subject to contract. Prospective buyers should conduct their own legal and technical due diligence before committing.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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