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733sqm Prime Land in Magodo Phase 1 – Income-Generating Property with Rental Yield!

370,000,000
Description

Prime 733sqm Land with Rental Income for Sale in Harmony Estate, Magodo Phase 1

Seize this unique opportunity to own a 733sqm parcel of land strategically positioned between two streets in the prestigious Harmony Estate, Magodo Phase 1. This highly sought-after location offers flexibility and high investment potential, as the land can be split into two equal halves for independent developments.

Adding to its value, the property features two units of well-built 4-bedroom houses, each generating a steady rental income of ₦8 million per year—a perfect option for investors seeking immediate returns.

Key Features:

Size: 733sqm
Title: Governor’s Consent
Location: Harmony Estate, Magodo Phase 1, Lagos
Zoning: Residential – Ideal for redevelopment or rental investment
Current Rental Income: ₦8M per unit annually
Potential for Splitting: Can be divided into two separate plots
Price: ₦370 Million

With its strategic dual-street access, strong rental yield, and high appreciation potential, this property is a money-makerfor discerning investors.

For inquiries and site inspections, contact us today!

Details
Area size: 733 m² Bedrooms: 10 Bathrooms: 10 Garages: 2 (15 Cars)
Features
Contacts
Property agent
Charles Chijioke-Asher
Position: Lead Realtor
Fluent in English, Igbo, Yoruba & Broken English
Phone office: +234 809 499 0098
Address: 3rd Floor, Mulliner Tower, Alfred Rewane Road, Ikoyi
Charles is the Lead Realtor at Ash Properties & Constructions Ltd.
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Contact Charles Chijioke-Asher

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    Ash Properties & Const. Ltd

    Lagos
    3rd Floor, Mulliner Towers
    39 Alfred Rewane Rd, Ikoyi

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