Generational Wealth Opportunity | Full Building for Sale
Off Bourdillion Road, IkoyiBasics
- Category: For Sale
- Type: Apartment, Block of Flats, Full Building
- Status: Active
- Bedrooms: 41
- Bathrooms: 42
- Toilet: 50
- Floors: 7
- Area, m²: 2000 m²
- Lot size, m²: 2000 m²
- Year built: 2025
Description
-
Description:
An entire G+7 luxury residential full building for sale in Ikoyi, one of Lagos most prestigious and high-demand investment corridors, available as a single bulk acquisition off Bourdillon Road.
EJO Properties proudly presents an exceptional bulk investment opportunity in the heart of Ikoyi, Off Bourdillon Road, a premium G+7 luxury residential development sitting on approximately 2,000sqm.
Property Details
Feature Details Property Type Entire Residential Building Location Old Ikoyi, Lagos Land Size 2,000sqm Floors Ground + 7 Floors Units 12 × 3-Bedroom Apartments Penthouse 1 × 5-Bedroom Penthouse Elevators 2 Pool Yes Gym Yes Parking Ample Title C of O Price USD 16 Million This trophy asset comprises multiple luxury apartments specifically designed to attract corporate tenants, embassies, multinational companies, expatriates and institutional investors seeking stable rental income and long-term capital appreciation.
Property Composition
- 12 Units of Spacious 3-Bedroom Apartments
- Each apartment comes with an ensuite Boy's Quarter with its own kitchen
- 1 Unit of Massive Full-Floor 5-Bedroom Penthouse
- Fully fitted kitchens with brand-new appliances
- Two elevators (lifts)
- Swimming pool
- Fully equipped gym
- Massive soundproof generator
- Spacious parking area
- Premium finishing throughout
- Excellent location in Old Ikoyi
Why Investors Love This Asset
Properties of this caliber are highly sought after by:
- Embassies
- Oil & Gas Companies
- Blue-chip corporations
- International organizations
- Expatriate housing providers
- Corporate master lease operators
Bulk residential assets in Ikoyi enjoy high occupancy rates, steady cash flow and excellent long-term appreciation, making them true generational wealth assets.
Estimated Rental Performance
3-Bedroom Apartments (12 Units)
5-Bedroom Penthouse
Investment Rationale
This is not a typical residential listing. It is a complete income-generating asset in one of Lagos most enduring blue-chip addresses, structured to deliver stable, dollar-denominated returns with minimal vacancy risk.
Projected Returns
Income Stream Estimated Annual Income Per 3-Bedroom Unit USD 50,000 5-Bedroom Penthouse USD 75,000 Total Building Yield per annum USD 735,000 This translates to an attractive gross rental yield for investors seeking stable and predictable income.
Location Advantages
- Off Bourdillon Road, Old Ikoyi
- Minutes from Banana Island
- Easy access to Victoria Island and Lekki
- Surrounded by premium residences
- Secure and highly prestigious neighbourhood
Asking Price
USD 16,000,000 Only
Serious enquiries only.
EJO Properties Limited
Luxury Real Estate Advisory | Sales | Lettings | Property Marketing
Contact EJO Properties to request a full investor package, arrange a site visit, or receive a detailed ROI and rental yield projection for this asset.
Open House
- 06/15/2610:00 AM to 05:00 PM
Location
- Area: Ikoyi
Building Details
- Parking: 30
Amenities & Features
- Amenities:
- Features:
