Greenland Estate Mobil Road, Ajah, Lagos
₦2,200,000,000
| Property Ref: 3665747 | Added On: 09 Sep 2026 | Last Updated: 10 Sep 2026 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 3 |
| Furnishing: Furnished | Total Area: 1,500 sqm |
An excellent opportunity to acquire a substantial 16-unit residential investment property sitting on approximately 1,500SQM of land in Greenland Estate, off Mobil Road, Ilaje, Ajah, Lagos.
The property comprises two residential buildings with a total of 16 apartments, offering an investor multiple residential units within one property and one strategic location.
The property is well suited for investors looking to acquire an established residential asset with rental and long-term capital appreciation potential in the rapidly developing Ajah/Lekki corridor.
PROPERTY BREAKDOWN
RIGHT BUILDING --- 8 UNITS
Ground Floor:
* 2 units of 3-bedroom apartments
* 1 unit of 2-bedroom apartment
* 1 unit of room & parlour apartment
First Floor:
* 2 units of 3-bedroom apartments
* 2 units of 2-bedroom apartments
Total: 8 units
LEFT BUILDING --- 8 UNITS
Ground Floor:
* 1 unit of 3-bedroom apartment
* 2 units of 2-bedroom apartments
* 1 unit of room & parlour apartment
First Floor:
* 2 units of 3-bedroom apartments
* 1 unit of 2-bedroom apartment
* 1 unit of room & parlour apartment
Total: 8 units
TOTAL PROPERTY COMPOSITION
16 RESIDENTIAL UNITS
* 7 units of 3-bedroom apartments
* 6 units of 2-bedroom apartments
* 3 units of room & parlour apartments
* 2 residential buildings
* Approximately 1,500SQM of land
KEY PROPERTY FEATURES
Spacious 1,500SQM land size
16 residential units within one compound
Two existing residential buildings
Multiple apartment configurations
Good water supply system
Treated water system
Good electricity supply
Established residential environment
Functional and well-planned existing layout
Suitable for residential rental investment
Potential for rental optimisation
Potential for long-term capital appreciation
LOCATION
Greenland Estate, off Mobil Road, Ilaje, Ajah, Lagos.
The property is strategically positioned within the established Ajah residential corridor, with access to major roads, commercial areas and surrounding residential communities.
Nearby landmarks and connecting areas include:
* Mobil Road
* Ilaje
* Greenland Estate
* Ajah
* Abraham Adesanya
* Badore Road
* Lekki-Epe Expressway
* Sangotedo
* Lagos Business School axis
* Lekki
The location makes the property suitable for investors seeking residential assets within the wider Ajah--Lekki property market.
TITLE & DOCUMENTATION
The property has:
Certificate of Occupancy (C of O)
Governor's Consent
The title documentation is in the seller's name.
Due diligence has also been conducted on the property and the relevant ownership/title information has been confirmed.
Prospective buyers are encouraged to undertake their own final legal, structural and technical verification before completing the transaction.
INVESTMENT OPPORTUNITY
This property presents an opportunity to acquire a sizeable residential asset comprising 16 existing apartments on approximately 1,500SQM of land.
Its multiple apartment configurations make it suitable for an investor seeking exposure to different segments of the residential rental market.
The property is not newly built, but the existing layout, land size, number of units and location provide a strong foundation for an investor looking to acquire an established residential asset.
A buyer may also explore opportunities for renovation, repositioning, improved property management and rental optimisation, subject to professional assessment.
WHY THIS PROPERTY IS WORTH CONSIDERING
16 units. One location. 1,500SQM of land.
Instead of acquiring a single apartment, this opportunity allows an investor to acquire an entire residential property comprising multiple apartment units under one investment.
With its established location in Ajah, existing infrastructure, good water and electricity supply, and title documentation in the seller's name, this property is worth considering for investors seeking a sizeable residential asset in Lagos.
PRICE
2,200,000,000 (2.2 BILLION)
PRICE IS NEGOTIABLE FOR A SERIOUS BUYER.
INSPECTION
Inspection is available for genuinely interested buyers and qualified investors.
For further information, documentation review, inspection arrangements and purchase enquiries, contact:
ATLAS REALTORS
Diaspora Real Estate Broker
Lagos, Nigeria
We assist Nigerians in Nigeria and abroad with property acquisition, property verification, due diligence and real estate investment across Lagos.
Contact ATLAS REALTORS to schedule an inspection.
