Fully Tenanted Multi-Unit Bungalow on Full Plot for Sale in Magboro, Ogun State – ₦90M Net

An excellent investment opportunity is now available in Magboro, Ogun State, located just about a 10-minute walk from the Lagos–Ibadan Expressway (Magboro Bus Stop axis).

This property is a well-structured bungalow situated on a full standard plot of land within a secure gated compound. It comprises multiple residential units designed to generate consistent rental income.

The building consists of:

• 2 units of 3-bedroom flats
• 1 unit of 2-bedroom flat
• 1 unit of 2-bedroom BQ

The property is fully occupied, meaning the new owner will automatically take over existing tenants and begin earning income immediately after purchase. It is a strong cash-flow asset in a fast-developing and highly sought-after rental location.

Its proximity to major transport routes into Lagos makes it highly attractive for tenants and ensures long-term appreciation potential.

KEY HIGHLIGHTS

• Fully tenanted property (instant rental income)
• Located in a high-demand residential corridor
• Secure gated compound
• Built on a full standard plot
• Easy access to Lagos via Lagos–Ibadan Expressway
• Strong investment and appreciation value
• Suitable for long-term investors

IMPORTANT INFORMATION

• Buyer inherits all existing tenants
• Inspection strictly by appointment
• Serious inquiries only
• Clients must be brought or sent for physical inspection
• Price is firm and non-negotiable