Seliat Bus Stop, Alimosho, Lagos
₦120,000,000
| Property Ref: 3201258 | Added On: 13 Nov 2025 | Last Updated: 13 Nov 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 12 |
| Bathrooms: 12 | Toilets: 12 | Total Area: 600 sqm |
PROPERTY LISTING: 4 3BEDROOM FLATS ON A PLOT --- OFF SELIAT BUS STOP AREA, LAGOSLocation: Off Seliat Bus Stop area, LagosTitle: Certificate of Occupancy (C of O)Price: 150,000,000 (Asking) --- Owner willing to accept 120,000,000 (Net)
OVERVIEWTurnkey multiunit residential asset comprising four (4) threebedroom flats sited on a single plot in a soughtafter Lagos neighbourhood. This property presents immediate rental income potential and land value upside---ideal for buyandhold investors or small developers.
PROPERTY FEATURES
- Unit mix: 4 3bedroom flats (selfcontained layouts)
- Landholding: One plot --- clear development footprint with compound space for parking and tenant circulation
- Condition: Wellmaintained; ideal for immediate letting or light valueadding refurbishment
- Practical finishes and functional layouts targeted at family and professional tenancies
LOCATION ADVANTAGES
- Close proximity to Seliat bus stop ensuring excellent public transport access and high tenant demand
- Convenient links to major corridors and nearby commercial/residential hubs in Lagos
- Nearby amenities likely include markets, schools, places of worship and healthcare facilities --- strong rental catchment
TITLE & DOCUMENTATION
- Title: Certificate of Occupancy (C of O) --- secure freehold ownership; documents available for verification during due diligence
INVESTMENT HIGHLIGHTS
- Diversified cashflow from four selfcontained units reduces vacancy risk and smooths income streams
- Attractive pricing for a C of O property in a commuterfriendly location
- Opportunity to increase rental yields through modest refurbishment or professional property management
- Fullplot ownership offers optionality for future redevelopment subject to approvals
PRICE & TERMS
- Asking Price: 150,000,000 --- Owner prepared to accept 120,000,000 (Net) for a prompt, qualified buyer
- Viewing and document access available to prequalified purchasers (proof of funds required)
DUE DILIGENCE & VIEWING
- Standard checks recommended: title verification, site inspection, tenancy/occupancy audit and condition survey.
- Site inspections by appointment only for serious buyers.
CONTACTTo arrange a viewing, request the document pack or submit an offer, please contact the listing agent/owner. Proof of funds will be required prior to inspection.
A practical, incomeproducing asset in a commuteroriented location --- suitable for investors seeking immediate yield and longterm capital appreciation.
