Ikate, Lekki, Lagos
₦300,000,000
| Property Ref: 3213763 | Added On: 20 Nov 2025 | Last Updated: 15 Dec 2025 |
| Market Status: Available | Type: Block of Flats | Bedrooms: 3 |
| Bathrooms: 1 | Toilets: 4 |
Headline
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Luxurious Blocks of Flats in Prime IkateLekki --- Smartly Designed, InvestorReady
Overview
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Two highquality residential blocks located in Ikate, Lekki, available for sale. Both blocks are completed to a smart specification and benefit from statutory approvals (Governor's Consent) with plan approval ready --- a ready transaction for investors or owneroccupiers seeking immediate rental income or an incomeproducing portfolio in one of Lekki's most soughtafter precincts.
Available options & pricing
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- Option A: Block of 5 3bedroom smart flats, each with a boys' quarters (BQ) --- Asking price: 300,000,000
- Option B: Block of 5 2bedroom smart flats --- Asking price: 200,000,000
(Blocks can be purchased separately; enquire about package pricing and joint purchase options.)
Location
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Ikate, Lekki --- a premium, fastgrowing residential and commercial corridor with excellent connectivity to LekkiEpe Expressway and surrounding amenities. The location offers strong tenant demand from professionals, executives and families seeking modern, welllocated accommodation.
Title & approvals
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- Title status: Governor's Consent obtained
- Development approvals: Building approval ready and available for inspection --- transaction can proceed without major statutory delays.
Property specification (summary)
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- Unit mix:
- Option A: 5 units 3bedroom flats + a boys' quarters per unit
- Option B: 5 units 2bedroom flats
- Smartly designed layouts intended for modern living and high rental appeal
- Quality finishes and fittings (specification sheets and walkthrough available on request)
- Separate service areas and compound space for parking and circulation
- Secure compound setting suitable for families and longterm tenants
Investment highlights
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- Prime Lekki location with sustained capital appreciation and strong rental demand.
- Immediate cashflow potential: both blocks are ready for lease or owner occupation (tenant placement support available).
- Clear title and approvals accelerate transaction and reduce acquisition risk.
- Attractive for developers, private investors or funds seeking turnkey multifamily assets in Lekki.
Suitable uses
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- Longterm buyandhold rental portfolio
- Corporate housing / staff accommodation
- Shortlet / serviced apartment conversion (subject to furnishing and management)
- Valueadd refurbishment and repositioning for higher yields
Due diligence & next steps
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- Viewing: By appointment only --- proof of funds required prior to physical inspection.
- Documents available for prereview: Governor's Consent, approved building plans, survey plan and asbuilt information. Certified copies provided upon formal request and confidentiality.
- Recommended buyer checks: title verification, tenancy schedule (if any), technical inspection and standard conveyancing.
Sale terms & contact
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- Asking prices: Option A --- 300,000,000; Option B --- 200,000,000 (serious offers invited; reasonable negotiation for quick completion)
Note
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All information provided by the vendor and subject to verification. Prospective buyers are advised to conduct independent due diligence and instruct legal counsel prior to commitment. Detailed property packs and financial models can be prepared on request.
#Daka
