Plaza / complex / mall for rent
Ishaga Near Luth, Surulere, Lagos
To lease --- request video
bungalow on 658 sqm land ---
ishaga (via luth)
10‑year lease
(5‑year option)
₦10,000,000 p.a.
overview: hot opportunity for lease in the ishaga / luth corridor --- a neat bungalow sited on approximately 658 sqm of land available for lease. the owner seeks a 10‑year lease (preferred) but will consider a 5‑year lease subject to full upfront payment. priced at ₦10,000,000 per annum, this property is ideal for corporate clients, ngos, medical outreach, small schools, clinics, guest housing or an executive residence requiring immediate occupation in a high‑access location.
property summary
- property type: bungalow on single plot
- land size: c. 658 sqm
- location: ishaga, via luth (close to lagos university teaching hospital) --- convenient access to mainland and island corridors
- lease term: 10 years preferred; 5 years considered on first‑payment (upfront)
- rent: ₦10,000,000 per annum (ten million naira)
- availability: immediate --- viewings by appointment
key features & benefits
- practical bungalow layout suitable for conversion to office, clinic, boutique school, corporate housing or staff accommodation
- generous compound on a 658 sqm plot --- space for parking, landscaping or light extensions (subject to landlord consent)
- secure location with easy access to luth, public transport and major arterial roads --- ideal for operations requiring proximity to the hospital or central lagos links
- attractive lease flexibility: longer‑term security for operators, but short(er) term available with immediate settlement option
- competitive annual rental for the luth/ishaga micro‑market
suitable uses (examples)
- corporate office / branch for ngos or medical associations
- medical clinic, diagnostic or specialist outpatient facility (confirm regulatory approvals as required)
- small private school, nursery or training centre (subject to planning and approvals)
- executive guest house or staff housing for organisations operating near luth
- showroom or light commercial use where permitted
lease & commercial terms (indicative)
- rent: ₦10,000,000 per annum --- payable per lease agreement schedule (annual/quarterly as agreed)
- lease length: 10 years preferred; 5 years possible where full payment is made on commencement
- security deposit: typically required (negotiable)
- rent review: to be agreed in lease (market‑aligned reviews recommended)
- repairs & maintenance: tenant responsible for internal repairs; landlord responsible for structural (detailed in lease)
- change of use: tenant must obtain necessary approvals for regulated uses (medical, educational, etc.) and secure landlord consent for structural alterations
viewing & application process
- viewings: by appointment only for qualified tenants. please provide company profile (if corporate), intended use and proof of funds prior to inspection.
- to apply: submit an expression of interest (eoi) with tenant details and preferred lease term. on qualification, the landlord will issue a draft lease and reservation terms.
- documentation: tenants will be required to complete standard kyc; corporate tenants to provide rc documents and bank reference.
contact / next steps
to arrange a viewing, request further details or submit an eoi, contact:
[agent / landlord name]phone: [insert phone number]email: [insert email address]
notes & disclaimers
- all information is provided in good faith and subject to verification. final lease terms, approvals and pricing will be set out in the formal lease agreement.
- any intended changes of use (medical, educational, etc.) are subject to regulatory approvals and landlord consent.
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₦10,000,000 per annum
The Build Centre Properties
09028190510