16bdrm House in Mbabi Mbayo, Ife for sale

Property Overview: Solid storey building consisting of 16 rooms, sitting on 1.5 plots of land in a well-developed and accessible community near OAU Road 7 Gate. The compound is spacious — front and back — with room to add a 4-flat building and a bungalow. Highlights: – Occupied property with stable power supply – Needs renovation to meet modern standards – Great for redevelopment or multi-unit rental conversion – Located close to Eleyele/Lagere (Ife’s central hub) – Titled with Registered Survey This is a rare investment opportunity for those seeking affordable, high-yield real estate in Ile-Ife’s fast-growing corridor. Direct Brief | Income Property | Redevelopment Potential | Good Power Supply