Strategically located in the rapidly developing Ogunlewe area of Igbogbo, Ikorodu, Lagos, this property represents a perfect entry point for investors or first-time homeowners looking to secure landed property in a high-growth zone.

The Structure:
The property features two units of room-and-parlour self-contained apartments. These units are thoughtfully built at the setback of the property, leaving a massive portion of the land open and available for future development. This "setback" positioning is a major advantage, as it allows a new owner to generate immediate rental income from the existing units while simultaneously constructing a larger main building—such as a block of flats or a luxury duplex—on the front portion of the land.

Land Size & Potential:
The buildings sit on a full plot of land, offering ample space for parking, landscaping, or further expansion. Because the existing structures are functional, the property is "ready to inhabit" or "ready to lease," making it a "buy-and-income" asset from day one. Igbogbo is known for its peaceful residential atmosphere and its proximity to key transport links, including the Ikorodu Ferry Terminal and the expanded Igbogbo-Bola Ahmed Tinubu Road.

Documentation/Title:
Security of investment is guaranteed with a clear and verifiable title trail, including:

Family Receipt: Proving the original purchase from the traditional land-owning family.
Registered Survey: Defining the exact boundaries and ensuring the land is free from government acquisition.
Deed of Assignment: The legal instrument transferring all ownership rights to the new buyer.
Why Buy This?

Immediate ROI: Start collecting rent from the two self-contained units immediately.
Future Growth: Use the massive front space to build your dream home or more rental units.
Location: Ogunlewe, Igbogbo is one of the most sought-after and secure residential hubs in Ikorodu.
Don’t miss out on this rare "setback" deal where the land value alone justifies the price!