Fully Tenanted Multi-Unit Bungalow on Full Plot for Sale in Magboro, Ogun State – ₦90M Net
Magboro, South West, Nigeria
Price: ₦90,000,000
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
Land is suitable for:
- Residential Development
