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Mixed-use Residential Bungalow Building On Offer

4 bedroom detached bungalow for sale

Isuti Road Egan, Igando, Alimosho, Lagos

₦25,000,000

Property Ref: 3228668Added On: 29 Nov 2025Last Updated: 14 Dec 2025
Market Status: AvailableType: Detached BungalowBedrooms: 4
Bathrooms: 4Toilets: 4Total Area: 150 sqm

FOR SALE- WATCH VIDEO ABOVE
Huge Income Generator: Dual-Unit Gem on Quarter Plot in Egan Igando**
Price: 22,000,000

Property Highlights
Strategic Roadside Location: Steps from Isuti Road, Egan Igando -- prime accessibility to markets, schools & transport hubs. Turnkey Dual-Income Setup:

- Front: 2-Bedroom Flat (ideal for families)
- Rear: Self-Contained Room & Parlor (perfect for students/professionals) Zero Maintenance Compound: Fully fenced, gated, and flooded (paved) for all-weather use + pumping machine for reliable water supply. Documentation Ready: Valid Survey Plan & Purchase Receipt for seamless transfer.

Investment Perks

- Instant Cash Flow: Rent both units simultaneously -- target diverse tenant pools.
- Roadside Advantage: High demand from commuters and local businesses.
- Affordable Equity: 22M net price unlocks Lagos real estate at liquidation value.
- Expansion Potential: Convert space for shop or storage (subject to approvals).
Key Features
- Land Size: Quarter plot (30ft 60ft) -- optimized layout.
- Structures:
- 2-Bedroom Flat (front)
- 1 Room & Parlor Self-Contain (rear)
- Compound: Full fencing, automated gate, paved surface, water pump.
- Location: 2 mins from Egan-Igando main road.

Financial Edge

- Total Ask: 25M Serious Buyer Price: 22M NET
- Yield Estimate: Combined 500k--700k/year rental income.
- Appreciation: Igando's infrastructure boom guarantees 20%+ annual land value growth.

Act Now -- Roadside Rare!

Ideal for first-time investors or owner-occupiers seeking rental offsets. No renovation needed -- just keys and cashflow!

Secure Your Inspection:
Why This Shines
- Clarity: "2 units + paved compound" = move-in-ready appeal.
- Urgency Hook: 22M net targets cash buyers (3M discount!).
- Location Precision: "Close to main road" = tenant magnet.
- Water Security: Pumping machine solves Lagos' top utility headache.
#pastor

Phone

0902 XXXX Show Phone

Whatsapp

+2347049744444

Useful Information

About Alimosho, Lagos