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
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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.
Ikoyi
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- Title
- Available on request
- Reference
- EJO-001888
- Annual Service Charge
- period to confirm
- Property Status
- Confirm with advisor
Angela