Off Okonjo Iwaela Street, Utako, Abuja
₦3,500,000,000
| Property Ref: 3321290 | Added On: 01 Feb 2026 | Last Updated: 12 Mar 2026 |
| Market Status: Available | Type: Terraced Duplex | Bedrooms: 16 |
| Bathrooms: 4 | Toilets: 20 | Parking Spaces: 12 |
| Total Area: 2,500 sqm | Covered Area: 1,600 sqm |
Bulk Acquisition: 6 Units of 4-Bedroom Terrace Duplexes (Townhouses)
Utako District, Abuja, Nigeria
This is a rare bulk-buy residential asset located in Utako District, one of Abuja's most liquid and consistently demanded rental markets. The property comprises six (6) newly built 4-bedroom terrace duplexes, developed with uniform specifications---making it ideal for portfolio acquisition, corporate housing, or structured rental operations.
ASSET PROFILE
Newly built development --- zero legacy issues
6 uniform units of 4-bedroom terrace duplexes
Consistent design and finish across all units (operational efficiency)
Secure compound with organized parking and access control
High-demand tenant profile: corporates, NGOs, expatriates, multinationals
INVESTMENT THESIS
Location Liquidity: Utako sits at the intersection of CBD, Wuse, Jabi, and Maitama---ensuring short vacancy cycles
Bulk Control: Single acquisition controls multiple income streams
Operational Scalability: Uniform units simplify leasing, maintenance, and asset management
Risk Mitigation: Diversified rental exposure across six units reduces single-tenant risk
Capital Preservation: New build + prime district = strong downside protection
INCOME & YIELD LOGIC (Conservative)
Suitable for corporate leases, serviced apartments, or long-term residential rentals
Strong potential for above-market rental rates due to location and unit configuration
Opportunity to repackage as serviced housing to materially increase yield
EXIT STRATEGY OPTIONS
Hold & Cash Flow: Long-term rental income with annual rent reviews
Unit Disposal: Stratified resale of individual units at premium market rates
Portfolio Sale: Flip as a stabilized income-producing asset to institutional buyers
PRICE
3.5 Billion (outright acquisition of all 6 units)
Title: FCDA R-of-O and C-of-O available
Transaction Structure: Clean, straightforward, and investor-friendly.
For enquires and inspect
Whatsapp or text: 08107773672