Fagbile Estate, Ijegun, Ikotun, Lagos
₦90,000,000
| Property Ref: 3223554 | Added On: 26 Nov 2025 | Last Updated: 14 Dec 2025 |
| Market Status: Available | Type: Land | Total Area: 600 sqm |
PRIME LAND WITH INCOME-GENERATING UNITS FAGBILE ESTATE, IJEGUN
Full Plot (60140 Sq Meters) + 8 Rental Units Asking Price: 90M
PROPERTY HIGHLIGHTS
- Land Size: Full plot (60ft 140ft / 840 sqm) with clear boundaries.
- Existing Structures:
- 1 Unit: 2-Bedroom Flat
- 5 Units: Mini-Flats (Ideal for singles/couples)
- 2 Units: One-Room Self-Contained Apartments
- Total Units: 8 Rentable apartments (immediate income potential!).
- Condition: Occupied/vacant - buyer to verify.
LOCATION
- Fagbile Estate, Ijegun -- Secure, developed neighborhood.
- Proximity: Near schools, markets, and transport links.
- Growth Potential: High demand for rentals in expanding area.
PRICE: 90,000,000 (Ninety Million Naira)
- Economical Value: Priced below market for land + structures!
- ROI Focus: Existing units offset costs while land appreciates.
WHY BUY?
- Instant Cash Flow: Rent from 8 units covers expenses.
- Future Development: Expand or rebuild on spacious plot.
- Title Clarity: Fagbile Estate offers secure ownership.
