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Modern Bungalow Of 4 Mini Flats + Room With Lounge

5 bedroom house for sale

Obawole- Ifako Ijaye, Ogba, Ikeja, Lagos

₦70,000,000

Property Ref: 3189291Added On: 06 Nov 2025Last Updated: 07 Nov 2025
Market Status: AvailableType: HouseBedrooms: 5
Bathrooms: 5Toilets: 5   

For sale --- watch video above
Obawole, ogba (ifakoijaye), lagos
Title: modern bungalow --- 4 selfcontained miniflats (room & parlour) ---
Half plot ---
Registered survey, receipt & deed ---
70,000,000

Property summary

- asset: purposebuilt modern bungalow containing 4 units of selfcontained miniflats (each unit: room & parlour, selfcontained). - location: obawole, ogba --- ifakoijaye lga, lagos state. Convenient residential neighbourhood with good access to local amenities and transport links. - land size: half plot (approx. 2,500 sq ft 232 sqm). Exact dimension per registered survey. - title / documents: registered survey, payment receipt and deed available. - asking price: 70,000,000 --- "buy & start earning" immediate rental income opportunity. Property features

- modern bungalow design laid out as four separate selfcontained units --- ideal for rental accommodation. - room & parlour configuration in each unit provides comfortable living space for singles, couples or small families. - wellfinished common areas and unit interiors (finish specifics available on request). - secure compound with gated entry; offstreet parking available (subject to plot layout). - located in a residential enclave with easy access to shops, schools, public transport and other conveniences. Ideal buyers / use cases

- investors seeking immediate rental income and strong occupancy potential. - owneroccupiers looking for a liveandlet arrangement (one unit owneroccupied, three units rented). - developers or landlords seeking a stable, lowmanagement residential asset. - shortlet operators or servicedroom providers targeting workers and young professionals. Investment highlights

- immediate cashflow: four separate units provide multiple income streams and tenant diversification. - affordable entry into the ogba residential market with clear documentation (survey + receipt + deed). - halfplot footprint reduces overhead while maximizing rental yield per sqm. - strong tenant demand in the area --- good prospects for steady occupancy and rental growth. Documentation & due diligence (available on request)

- registered survey plan (exact dimensions and certified sqm)
- payment receipt and deed of assignment/title documentation
- unitlevel photos, floor plans and condition report (available on request)
- current tenancy schedule and rental income statement (if tenanted)

Viewing & next steps

- inspections by appointment for qualified buyers. - interested buyers should provide proof of funds prior to site visits. - negotiable terms considered for serious purchasers. 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. *please feel free to browse our other featured properties
Note: referrals & third party agents: 2. 5% comm
Ref: pastor

Phone

0902 XXXX Show Phone

Whatsapp

+2347049744444

Useful Information

About Ogba, Ikeja, Lagos