Opebi, Opebi, Ikeja, Lagos
₦400,000,000
| Property Ref: 3201260 | Added On: 13 Nov 2025 | Last Updated: 13 Nov 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 18 |
| Bathrooms: 17 | Toilets: 18 | Total Area: 521 sqm |
PROPERTY LISTING: PRIME VALUEADD BLOCK(S) OF FLATS --- OPEBI, IKEJALocation: Opebi, Ikeja, LagosLand Size: 520.003 sqmAsking Price: 400,000,000 (Four Hundred Million Naira)Title: Registered Conveyance
OVERVIEWAn exceptional buyandrenovate opportunity located in the secure and highly sought Opebi/Ikeja corridor. This asset comprises existing blocks of flats on a substantial 520.003 sqm parcel --- perfectly positioned for an investor or developer to refurbish for immediate rental uplift or undertake a highervalue repositioning scheme.
PROPERTY HIGHLIGHTS
- Existing residential blocks offering a clear valueadd play through renovation and professional management.
- Generous land size (520.003 sqm) providing compound space for parking, landscaping or modest extensions.
- Situated in a wellsecured neighbourhood with estate character and strong tenant demand.
- Title: Registered Conveyance --- documentation available for verification.
LOCATION ADVANTAGES
- Opebi/Ikeja: Prime mainland location with strong corporate and residential demand driven by proximity to Ikeja GRA, Allen Avenue, and major commercial hubs.
- Excellent transport links: Easy access to Ikorodu Road, Allen/Oba Akran corridors and public transport nodes.
- Close to key amenities: banks, shopping centres, hospitals, schools and corporate offices --- a reliable tenant catchment for professional and family lets.
- Proven capital appreciation corridor with sustained rental market activity.
INVESTMENT & REDEVELOPMENT OPPORTUNITIES
- Reposition and refurbish: Upgrade units to modern finishes and facilities to command higher rents and reduce vacancy.
- Rebrand for shortlet/serviced apartments targeting corporate travellers and expatriates.
- Moderate redevelopment: Subject to planning, potential for adding value through reconfiguration, conversion to highergrade units or improved common areas.
- Holdandmanage: Immediate rental income while planning a phased redevelopment.
COMMERCIAL CASE
- Valueadd investment: Acquire at an asking price that allows room for renovation costs and targeted yield uplift.
- Flexible exit strategies: stabilized rental income, sale of upgraded asset at premium, or full redevelopment for higher density/returns.
- Institutional appeal: suitable for property funds, developer groups and highnetworth investors seeking Opebi exposure.
DOCUMENTATION & DUE DILIGENCE
- Title: Registered Conveyance --- prospective buyers may complete standard process to perfect title as required.
- Recommended due diligence: physical inspection, occupancy/tenancy audit, structural survey, services/utilities check and verification of conveyance documentation. Full documentation available on request to qualified parties.
SALE TERMS & VIEWING
- Asking Price: 400,000,000 --- serious buyers only.
- Viewings: By appointment for prequalified purchasers (proof of funds required).
- Transaction: Preferred buyers prepared for a prompt closing given the asset's strategic location and investment potential.
CONTACTFor confidential discussions, to obtain the duediligence pack or to schedule a private inspection, contact:[Agent / Owner Name]Phone: [Insert number] Email: [Insert email]
A strategic Opebi asset offering immediate income potential and a highreturn renovation/repositioning pathway --- recommended for investors seeking a prime mainland opportunity.
