Off Ikotun - Ijegun Road, Ijegun, Ikotun, Lagos
₦50,000,000
| Property Ref: 3135444 | Added On: 07 Oct 2025 | Last Updated: 21 Oct 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 6 |
| Bathrooms: 6 | Toilets: 9 |
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FOR SALE ---
3 x 2Bedroom Flats + Room & Parlour (Self BQ) on Full Plot
--- Off Ikotun / Ijegun Road
Receipt & Survey
ASKING 50,000,000 -
Overview: Distress sale --- block of residential units on a full plot in a convenient location off Ikotun / Ijegun Road. The compound comprises three (3) selfcontained 2bedroom flats plus one roomandparlour unit with a selfcontained boys' quarter. Offered at a motivated price --- asking 50M
Property summary
- Product: 3 2bedroom flats + 1 room & parlour (selfcontained) + self BQ
- Plot: Full plot (exact dimensions available on request)
- Location: Off Ikotun / Ijegun Road, Lagos
- Title / Documents: Official Receipt & Certified Survey Plan --- to be verified by buyer's solicitor
- Price: Asking 50,000,000 --- Motivated / Net 45,000,000
Key features & benefits
- Immediate income potential --- ready for letting to families or professionals.
- Full plot provides compound space for parking, landscaping or minor extension.
- Practical unit mix attractive to local rental market.
- Short drive to major road arteries and local amenities in the Ikotun / Ijegun corridor.
- Distress sale --- price reflective of quick completion requirement.
Condition & practical notes
- Sold asis; physical inspection recommended to confirm internal condition, MEP status and any required remedial works.
- Utilities: buyer to verify power, water and drainage connections during inspection.
- Parking: compound space suitable for onplot parking (confirm number of bays on inspection).
Recommended buyer checks (due diligence)
- Legal: verify Receipt and Survey with a solicitor and run searches for encumbrances.
- Technical: inspect units for general condition, roofing, plumbing and electrical systems; obtain a basic snagging report if required.
- Survey: confirm exact plot dimensions and boundary pegs against the certified survey plan.
- Financial: be prepared for cash/fast close given distress nature --- proof of funds requested for viewings.
Sale process & viewings
- Viewings: Strictly by appointment for prequalified buyers. Proof of funds will be requested before full document release and site access.
- Offers: Submit a written offer / Letter of Intent (LOI) with buyer details and PoF. Seller will prioritise serious, quick completion offers.
- Transfer: Standard conveyancing through solicitors; buyer to budget for legal fees, stamp duty and registration costs.
Note: All information is provided in good faith. Prospective buyers must carry out independent legal, technical and financial due diligence prior to purchase. Availability and price are subject to prior sale.
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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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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