School for sale
3 School Buildings Complex
Massive 3-School Building Complex For Sale in Ajah, Lagos 1,910 SQM C of O Title ₦800 Million ≈ ₦418,848 per SQM Property Overview - Location: Addo Road, Ajah, Lagos. - Property Type: 3 School Buildings (educational complex). - Land Size: Covers up to 1,910 SQM. - Title: Certificate of Occupancy (C of O). - Asking Price: ₦800,000,000. - Price per SQM: ≈ ₦418,848. - Status: Existing institutional structures; ready for continued use, renovation, or redevelopment. Key Highlights - Substantial Institutional Asset: The property comprises 3 school buildings on a large, contiguous 1,910 SQM parcel -- a rare find in the Ajah corridor. - Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and smooth transfer. - Immediate Operational Potential: Suitable for continuing as a school, or easily adaptable for other institutional or commercial uses. - Competitive Land Value: At approximately ₦419,000 per SQM, the pricing is attractive for a titled land parcel with existing structures in a developing area. - High-Growth Corridor: Addo Road, Ajah is a rapidly developing residential and commercial axis along the Lekki-Epe Expressway. Development & Usage Potential - Educational: Continue operation as a school, college, or training centre. - Institutional: Conversion to a church, clinic, hospital, or ngo headquarters. - Commercial: Redevelopment into a shopping plaza, office complex, or mixed-use facility. - Residential: Subject to zoning and approvals, potential for a gated residential estate. - Redevelopment Play: Demolish and rebuild a landmark project maximizing the 1,910 SQM footprint. Location Benefits -- Addo Road, Ajah - Strategic Ajah Corridor: Situated in a bustling residential and commercial hub along the Lekki-Epe Expressway. - Accessibility: Excellent connectivity to Ajah Market, Abraham Adesanya Estate, and the wider Lekki Peninsula. - Growing Population: Dense residential neighbourhoods nearby ensure a steady stream of potential students, customers, or tenants. - Infrastructure Development: Ongoing road and utility upgrades in the area support long-term value growth. Investment Value - Asking Price: ₦800 Million. - Price per SQM: ≈ ₦418,848. - Title Security: C of O provides confidence for financing, resale, and development. - Income Potential: If currently operational as a school, the asset may generate immediate cash flow. Alternatively, redevelopment offers significant upside. - Appreciation Potential: Land values in Ajah continue to rise due to high demand and infrastructure improvements. Sale Opportunity a versatile and well-priced institutional property in a prime Ajah location. Ideal for educational investors, institutional buyers, or developers seeking a titled land bank with existing structures. Ideal For: - Educational Institutions & School Owners. - Religious Organisations & NGOs. - Real Estate Developers (redevelopment play). - Commercial Investors. Next Steps: - Site Inspection. - Title Verification (C of O). - Structural Assessment of Existing Buildings. - Purchase Negotiation. Addo Road, Ajah + 1,910 SQM + 3 School Buildings + C of O -- a strategic institutional or redevelopment opportunity. Serious inquiries only.
