Adeyemo Street, Ibeshe, Ikorodu, Lagos
₦80,000,000
| Property Ref: 3217080 | Added On: 23 Nov 2025 | Last Updated: 15 Dec 2025 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 6 |
| Bathrooms: 4 | Toilets: 6 |
For Sale: 2 3Bedroom Flats on Full Plot with Ready Foundation --- Adeyemo St (Off OkeOta), Ibeshe, Ikorodu
Price
80,000,000 (Eighty Million Naira) --- Negotiable
Summary
Highvalue development/investment opportunity in Ibeshe: two wellstructured 3bedroom flats sitting on a full plot of 659.880 sqm with a readybuilt foundation for an additional replica building at the front. Located on Adeyemo Street (off OkeOta), the property is in a gated, secure neighbourhood with clean title (C of O) and immediate potential to expand rental income or complete a small development for resale. Priced competitively and available for inspection.
Property Highlights
- Units: 2 3bedroom flats (wellstructured, quality core build)
- Land size: 659.880 sqm (full plot)
- Development upside: Ready foundation at the front for another replica building --- short lead time to expand supply or increase rental yield
- Location: Adeyemo Street, Off OkeOta, Ibeshe, Ikorodu --- quiet, gated and secure community
- Title: Certificate of Occupancy (C of O) --- clean, no encumbrance
- Price: 80,000,000 (Negotiable)
Detailed Description
This property presents a rare combination of immediate rental capacity and clear expansion potential. The two existing 3bedroom flats are solidly constructed and ready for occupation or letting. The sizeable plot provides ample space for parking, landscaping or further development; a prepared foundation at the front allows a third unit (replica of the existing designs) to be completed quickly, reducing construction time and cost.
The layout is investorfriendly: multiple independent income streams from separate flats, room for tenant parking, and space to add value through finishing upgrades or an additional unit. Ibeshe's growing residential demand and proximity to Ikorodu make this an attractive buytolet or smallscale developer opportunity.
Location & Accessibility
- Address: Adeyemo Street, Off OkeOta, Ibeshe, Ikorodu, Lagos
- Excellent neighbourhood profile --- gated compounds and secure residential environment
- Convenient access to local markets, schools, transport routes and Ikorodu commercial centre
