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House for sale Magbon, Abeokuta Ogun - 0
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45,000,000

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​PID: 1PPWS

Magbon, Abeokuta Ogun

Last updated 2026-06-22 07:41:14.0
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Description

Here’s an opportunity for smart investors looking to build steady rental income in one of Abeokuta’s growing residential communities.

Located in Magbon, Abeokuta, this uncompleted income-generating propert comprises a 2-bedroom apartment alongside mini flats and self contain, strategically designed for rental purposes and long-term cash flow.

The beauty of this investment is simple:
the major structural work is already in place, giving the new owner the advantage of completing the project to their preferred standard while significantly reducing development time and construction costs.

With increasing housing demand across developing areas of Abeokuta, properties that provide affordable rental units continue to attract strong tenant interest — especially from working-class residents, small families, and young professionals seeking decent accommodation at reasonable rates.

This property is ideal for:

* Investors seeking annual rental income
* Buyers looking to complete and start earning quickly
* Developers who understand the long-term value of rental housing in expanding urban areas

Property Highlights

* Uncompleted rental property project
* Includes 2-bedroom apartment + mini flats and self contain
* Designed for multiple rental income streams
* Developing Neighborhood
* Good road
* Opportunity to finish to your preferred standard
* Lower entry cost compared to fully completed properties
* fenced and well gated
* Good for investors focused on cash flow and long-term returns

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