Ire Akari Estate, Isolo, Lagos
₦130,000,000
| Property Ref: 3086506 | Added On: 10 Sep 2025 | Last Updated: 16 Sep 2025 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 2 |
| Bathrooms: 2 | Toilets: 3 | Total Area: 600 sqm |
Listing Title:
Block of 6 x 2Bedroom Flats on Full Plot --- IreAkari Estate, Isolo
130,000,000
(VIDEO AVAILABLE)
Overview:
Investment / development opportunity --- a block of six (6) selfcontained 2bedroom flats sitting on a full plot within the established IreAkari Estate, Isolo. Ideal for buytolet investors, landlords seeking immediate rental income, or developers looking to reposition the asset. Located in a residential neighbourhood with good local amenities and transport links.
Key Details
- Property type: Residential investment --- block of flats
- Units: 6 x 2bedroom flats
- Plot: Full plot (exact size available on request)
- Location: IreAkari Estate, Isolo, Lagos State
- Title / Documents: Survey, Receipt and Will
- Asking price: 130,000,000 (slightly negotiable)
- Sale type: Outright sale
Accommodation & Typical Layout
- Each unit: 2 bedrooms, living area, kitchen, bathroom(s) --- ideal for family or shared tenancy
- Separate access to each unit (confirm whether units are selfcontained with individual meters)
- Compound space suitable for parking, drying area and minor landscaping (confirm exact layout on viewing)
Condition & Features
- Block form ideal for immediate rental income (condition to be verified during inspection)
- Potential for value enhancement through refurbishment, reletting or partial redevelopment subject to planning
- Located in a developed residential enclave with nearby social amenities (schools, markets, public transport)
Title, Documents & Legal Status
- Title documents available: Survey and Receipt; property sale being handled under Will (probate/administration status may apply)
- Buyers must verify chain of title and confirm executorship/authority to sell under the Will
- Original documents and physical inspection available to serious/qualified buyers upon request
Investment Appeal & Use Cases
- Ready rental portfolio: multiple rental income streams from six units
- Owneroccupier: occupy one unit and rent out the rest to offset holding costs
- Redevelopment potential: subject to planning and approvals, plot could be redeveloped for higher density or modern apartment units
- Good addition to a property portfolio targeting stable suburban rental yields
Price, Terms & Additional Costs
- Asking price: 130,000,000 (slightly negotiable)
- Buyer to bear customary fees: legal fees, stamp duty, transfer fees, agency fees and any probate/administration costs where applicable
- Payment terms: negotiable; proof of funds required for document release and viewings
Due Diligence Recommendations
Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
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