08151917169  •  

Luxury Apartments

Commercial property for sale

Ikoyi, Lagos

$22,000,000

Property Ref: 3103278Added On: 19 Sep 2025Last Updated: 19 Sep 2025
Market Status: AvailableType: Commercial Property   

Investor Case -- Ikoyi Luxury Apartments

Acquisition Price: $22,000,000
Current Market Value: $31,700,000
Immediate Gain: $9,700,000

Investment Metrics

Resale ROI: 44% capital appreciation (at today's value)

Annual Rental Income: $1.32M

Rental Yield: ~6% per annum

Payback Period: ~16--17 years (accelerated with rental growth; Ikoyi market typically adjusts within 3--5 years)


Summary: This property offers the dual advantage of immediate capital upside for resale investors, alongside strong and sustainable rental income for long-term holders---a rare hybrid of cashflow and appreciation in Lagos' most exclusive enclave.


PROPERTY DETAILS

Configuration: 2, 3 & 4 Bedrooms

Bathrooms: 3, 4 & 5

Land Size: 4,300 sqm

Status: For Sale

Price: $22M
Brokerage Fee: 5%


AMENITIES

Air conditioning

Fully fitted kitchen

Walk-in closets

Reception lobby

Laundry & washer

Car park

Security & CCTV

Gated estate with 24/7 security

Swimming pool

Microwave & water treatment

Green area

Two passenger elevators + one service lift per tower

Location: Ikoyi, Lagos, Nigeria

*VERY IMPORTANT NOTICE*
////////////////////////////////////////////////
This listing is exclusively for SERIOUS, FINANCIALLY PREPARED DIRECT CLIENTS. We kindly request that third parties, agents, and brokers refrain from contacting us, as we engage only with CASH-READY CLIENTS READY
////////////////////////////////////////////////

Phone

0815 XXXX Show Phone

Whatsapp

+2348151917169


Useful Information

About Ikoyi, Lagos