Ladipo Bateye Street, Ikeja GRA, Ikeja, Lagos
₦1,700,000,000
| Property Ref: 3101607 | Added On: 18 Sep 2025 | Last Updated: 20 Sep 2025 |
| Market Status: Available | Type: House | Bedrooms: 10 |
| Bathrooms: 8 | Toilets: 8 | Parking Spaces: 8 |
| Total Area: 1,200 sqm |
NOTICE: *DIRECT BUYER COMMUNICATION ONLY* (NO AGENTS- NO MANDATES)
For Sale ---
Twin Duplex on 1,200 sqm --- Ladipo / Bateye St, Ikeja GRA
Price: 1.7B
Title: Governor's Consent
Overview
Prime opportunity to acquire an established residential landholding in the prestigious Ikeja GRA. This offering comprises two (old) duplex buildings sited on a single 1,200 sqm parcel on Ladipo / Bateye Street. The property is being offered for sale at 1.7 billion and is held under Governor's Consent. Ideal for investors seeking immediate rental income, or developers looking to redevelop a welllocated plot in one of Lagos's top residential enclaves.
Property summary
- Property type: Existing residential (two duplexes on one plot)
- Land area: 1,200 sqm
- Location: Ladipo / Bateye Street, Ikeja GRA, Lagos
- Price: 1,700,000,000 (One billion, seven hundred million Naira)
- Title: Governor's Consent (documents available for verification)
Key features & accommodation
- Two solidly built duplex structures on one fenced compound --- currently habitable and suitable for immediate occupation or rental.
- Spacious compound offering room for parking, landscaping and potential additional construction.
- Good natural light and ventilation throughout existing buildings.
- Mature, wellmaintained neighbourhood with high security and infrastructure standards.
Location & transport advantages
- Located in the heart of Ikeja GRA --- prestigious address with proximity to major commercial hubs, government offices, malls, hospitals and reputable schools.
- Excellent road access to Ikeja town, Allen Avenue and fast links to the wider Lagos metro area.
- High demand area for executive housing and corporate lets.
Investment & redevelopment potential
- Redevelopment upside: the 1,200 sqm plot can accommodate a bespoke midrise apartment scheme, luxury townhouses or a mixed residential development (subject to planning approval).
- Immediate yield option: continue to let/refurbish existing duplexes while securing approvals for a phased redevelopment.
- Strong capital appreciation prospects given location and limited large parcels in Ikeja GRA.
Title & due diligence
- Title: Governor's Consent --- certified copies available to qualified buyers and solicitors for verification.
- Recommended checks: title verification, site survey, structural inspection of existing buildings, confirmation of permissible density/coverage with Lagos State planning authority, geotechnical/environmental investigations (as required).
Sale terms & viewing
- Sale type: Direct sale to qualified buyers; proof of funds required prior to release of full documentation and site inspection.
- Viewings: By appointment only for prequalified buyers.
- Transaction process: Submit LOI and proof of funds; successful buyers will proceed with legal searches, negotiations and completion via standard conveyancing.
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.
*How we work*
Tell us your needs (budget, location, size).
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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