Listing Details

515SQM LAND + DILAPIDATED BUNGALOW – MAFOLUKU

Ajao Estate, Lagos, Nigeria Posted Aug 04, 2026 available
NGN 185,000,000.00

Description

Bungalow | Location: Off Ajibulu Street, Close to Aviation Estate, Mafoluku, Lagos

Original Description

*HOT 🔥 515SQM LAND + DILAPIDATED BUNGALOW – MAFOLUKU* *📍 Location*: Off Ajibulu Street, Close to Aviation Estate, Mafoluku, Oshodi, Lagos *📐 Size*: 515 Square Meters *🏠 Structure*: Dilapidated Bungalow - _Ideal for Demolition & Rebuild_ *📄 Title*: Freehold Receipt *💰 Price*: *₦185M Asking* _Slightly Negotiable_ *BEST USE:* *Commercial + Residential* Perfect for: - *Hotel / Guest House / Short-let* - Close to MMIA - *Corporate Office / Warehouse* - *Luxury Duplex / Residential Development* *KEY HIGHLIGHTS:* - Off Ajibulu Street, just minutes from Aviation Estate - *Easy access to Murtala Muhammed International & Local Airport* - 515sqm - Spacious for commercial or residential build - Freehold title - good documentation - Strategic location with high property appreciation *WHY THIS IS A STEAL:* 1. *Airport Corridor* - One of the fastest appreciating areas in Lagos Mainland 2. *High Demand* - Hotels, offices, and short-lets around Aviation Estate are always in demand 3. *Dual Purpose* - Buy to build your home OR for commercial 4. *Easy Access* - Links to Oshodi, Ajao Estate, Isolo, and Airport Road *Inspection by appointment. Serious buyers only.*

Property Details

Property Type
Bungalow
Category
Houses
Available For
For Sale

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