Megida, Ayobo, Lagos
₦42,000,000
| Property Ref: 3177160 | Added On: 30 Oct 2025 | Last Updated: 06 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 3 |
| Bathrooms: 3 | Toilets: 4 |
FOR SALE- WATCH VIDEO ABOVE
MixedUse Property --- 1 x 3Bedroom House, 1 x MiniFlat & 1 Large Shop ---
Dangote Bus Stop, Alaja Road, Megida, Ayobo, Lagos
Price
42,000,000 (FortyTwo Million Naira)
Summary
Excellent mixeduse opportunity in a busy Ayobo location --- one 3bedroom house, one selfcontained miniflat and a large shop on a single compound close to Dangote bus stop, Alaja Road, Megida. Supported by family receipt, survey plan and deed of assignment, this property is suitable for owneroccupiers who want rental income, retail operators or investors seeking steady returns from both residential and commercial tenants. Priced to sell at 42M.
Property Highlights
- Units on site:
- 1 x 3bedroom house (layout ready for family occupancy or rental)
- 1 x selfcontained miniflat (ideal for single/twoperson tenancy)
- 1 x large shop (strong commercial frontage and visibility)
- Location: Dangote bus stop, Alaja Road, Megida, Ayobo, Lagos --- high footfall and excellent access to public transport
- Title & documents: Family receipt, survey plan and deed of assignment --- available for inspection and legal verification
- Use case: Ideal for owneroccupier with incomegenerating outbuilding, retail operator, or small investor seeking mixed income streams
- Price: 42,000,000
Detailed Description
This versatile property occupies a convenient position in Megida, Ayobo, directly serving local commuter traffic and neighbourhood demand. The 3bedroom house provides comfortable accommodation and can be lived in or rented immediately. The miniflat offers an additional rental unit for supplementary income, while the large shop at the front presents a valuable commercial asset suitable for retail, service business or can be leased to generate steady cash flow.
The property's proximity to Dangote bus stop and Alaja Road enhances visibility and customer access for the shop and makes the residential units attractive to tenants who rely on public transport. The compound arrangement creates flexibility for combined residential and commercial use, and potential to reconfigure or upgrade the units to increase yield.
Location & Accessibility
- Situated at Dangote bus stop, Alaja Road --- core local transport hub in Megida/Ayobo
- Easy access to nearby markets, schools, places of worship and public transport routes serving Ayobo and surrounding communities
- High pedestrian and commuter traffic benefiting retail performance of the shop
Title & Documentation
- Documents available: Family receipt, survey plan and deed of assignment
- Buyers are advised to carry out standard legal due diligence and instruct solicitors for title regularisation/transfer as required
Investment & Value Proposition
- Mixed residential and commercial income --- diversified revenue stream from one asset
- Prime microlocation close to bus stop increases rental demand and shop footfall
- Affordable entry price for investors or small business owners looking to establish a permanent retail presence in Ayobo
What's Included
- The property as described: 3bedroom house, miniflat and large shop on the compound
- Title documents: family receipt, survey plan, deed of assignment (to be inspected by interested parties)
Note
Information provided in this listing is in good faith. Prospective buyers should perform full legal and physical due diligence, including verification of title documents and an onsite inspection, prior to completing any purchase.
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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