Ajao Estate, Isolo, Lagos
₦2,000,000,000
| Property Ref: 3221389 | Added On: 25 Nov 2025 | Last Updated: 15 Dec 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 96 |
| Bathrooms: 96 | Toilets: 96 |
FOR SALE ---WATCH VIDEO ABOVE
HIGHYIELD MULTIUNIT ASSET (AJAO ESTATE, OFF INTERNATIONAL AIRPORT ROAD)
Prime opportunity: 32 x 3Bedroom Flats --- Fully Fenced & Gated Vacant Possession C of O
Location: Ajao Estate, off International Airport Road, LagosLand Size: 3,335 sqmTitle: Certificate of Occupancy (C of O) --- clean and transferableAsking Price: 2,000,000,000 (Two Billion Naira) --- Serious Buyers OnlyStatus: Vacant possession --- ready for immediate takeover or redevelopment
Property Overview
A rare, largescale residential block sitting on a substantial 3,335 sqm landholding in Ajao Estate --- a strategic address minutes from Murtala Muhammed International Airport and key transport corridors. The property comprises 32 threebedroom flats contained within a fully fenced and gated compound, delivering an exceptional platform for immediate rental income, repositioning or largescale redevelopment.
Why this is a compelling buy
- Immediate cashflow or quick conversion: 32 sizeable 3bedroom units offer significant rental revenue potential from day one or can be upgraded to serviced apartments/shortlet units for premium yields.
- Strategic location: proximity to the airport, major highways and commercial nodes ensures perennial tenant demand from business travellers, airline staff, renters and corporate occupiers.
- Vacant possession: ready for instant occupation, refurbishment or phased development --- no tenancy baggage to slow your plans.
- Secure title: C of O in place facilitates financing, speedy due diligence and a smooth transfer process.
- Scale & flexibility: the large land footprint allows valueadd options --- parking, landscaping, additional blocks, or conversion into a highyield mixeduse estate (subject to approvals).
Investor & Developer Highlights
- Turnkey landlord play: consolidate multiple rental streams in one asset for efficiency and higher net yields.
- Repositioning upside: upgrade finishes, introduce managed services, or convert to shortlets/serviced apartments to capture premium rates.
- Redevelopment potential: scale permits higher density schemes or mixeduse redevelopment to maximise capital appreciation (subject to planning).
- Ideal for HMO operators, corporate housing providers, property funds, developers and institutions seeking a landmark asset.
Key Features at a Glance
- 32 x 3bedroom flats --- consolidated in one compound
- Land size: 3,335 sqm --- room for expansion and valueadd works
- Fully fenced and gated compound --- secure and private
- Title: C of O --- clean and financefriendly
- Vacant possession --- immediate control for buyer
Viewing & Transaction
- Viewings strictly by appointment. Qualified and timesensitive offers will be prioritised.
- Full documentation (C of O, plans, site details) available to vetted buyers under NDA.
- We provide transaction support including title verification, introductions to legal and finance partners, and assistance with valuation and redevelopment feasibilities.
Contact The Build Centre Properties
Serious investors: secure a commanding multiunit asset close to the airport --- scale, location and clean title combine to create a rare opportunity. Act quickly; opportunities of this magnitude in Ajao Estate are limited. Give us half a try and get a full return.
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