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Old Ikoyi For Sale Title verified

Block of 13 Luxury Apartments for Sale in Old Ikoyi, Lagos

Old Ikoyi, Lagos, Nigeria
US$17,000,000
Bedrooms
3
Bathrooms
4
Parking
Ample cars
Type
Block of Apartments

About this property

An entire block of 13 luxury apartments for sale in Old Ikoyi, Lagos: twelve three-bedroom apartments and one four-bedroom penthouse, offered as a single asset. The building is newly completed and unoccupied, with a swimming pool, gym, two passenger lifts and covered parking on site.

This is a whole-block acquisition rather than a single-unit purchase. It suits multinationals housing senior and expatriate staff, institutional investors seeking a self-contained residential asset in prime Lagos, family offices, and serviced-accommodation operators.

What the block includes

  • 12 three-bedroom apartments, all bedrooms en suite
  • 1 four-bedroom penthouse
  • Fully fitted kitchens with built-in ovens and extractors
  • Dedicated laundry areas
  • Servants’ quarters
  • Private balconies
  • 2 passenger lifts
  • Swimming pool and gym
  • Covered on-site parking
  • Landscaped grounds

Why Old Ikoyi for a corporate acquisition

Old Ikoyi is one of the most established high-value residential addresses in Lagos. Land is scarce and tightly held, and occupier demand comes from diplomatic missions, multinationals and senior executives rather than from speculative buyers. For an organisation housing leadership or expatriate staff, the address itself carries weight with the people who will live in it.

Acquiring a whole block in this location also removes the operational friction of managing units across several buildings: one service charge regime, one facility manager, one security perimeter.

Commercial summary

The asking price is US$17,000,000 for the entire block. Across 13 units that is approximately US$1.31 million per unit. BCR will prepare a full investment brief covering title status, floor areas, service charge history and comparable transactions before any inspection is arranged.

Arranging an inspection

Inspections are arranged for qualified corporate and institutional buyers. Contact Brick & Click Realty to request the investment brief and a private viewing.

Features and amenities

  • Swimming pool
  • Gym
  • 2 passenger lifts
  • Covered on-site parking
  • Fully fitted kitchens
  • Dedicated laundry areas
  • Servants' quarters
  • Private balconies
  • Landscaped grounds
  • All bedrooms en suite

Investment snapshot

TitleC of O · verified by BCR
Indicative gross yield (36)21%
Yield assumption82
Payment termsOutright
HandoverQ4 December
CorridorOld Ikoyi
How we verify. Every figure here is checked against the title document, the service charge schedule and recent comparable transactions in the same corridor before we publish it. Yields are indicative and stated gross. Ask us for the full brief and we will show you the workings.
For Sale
US$17,000,000
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