Premium
₦50,000,000
Restaurant / bar for rent
Fully Equipped Restaurant, Bar & Lounge
Magodo, Lagos
Premium
Restaurant / bar for rent
Restaurant / Bar Space with Mini Football Pitch
Magodo Phase 1, Magodo, Lagos
₦50,000,000
per annum
Ref ID: #371-632-9
Advertiser ref: XH
Posted 8 Oct 2026
8 Oct 2026
Added today
more photos
1,200 m²
Plot size
Restaurant /
Property type
Furnished
Furnishing
About this property
For lease: A 2-years income-generating property lease opportunity at magodo 1, ikeja, lagos. Property Details:
- A well built and maintained lounge/Restaurant Space.
- It has a Mini- Football Pitch.
Landsize: 1200 Sqm. Amenities:
- It is in a well secured and serene environment
- It has Proximity to the Major road/Busstop.
- It is along a well tarred and terrained road
- Adequate Car park.
- It has a Good Revenue generating capacity.
- It is Suitable for Birthdays, Parties and Events.
Location: 12, Agbedina Avenue, Magodo 1, Isheri - Olowora, Ikeja, Lagos. Lease Period: 2years Certain Price:
- N50m Per Annum
Features and amenities
Interior & Finishing
Fitted kitchen
Air conditioning
POP ceiling
Tiled floors
Guest toilet
Reception area
Open-plan floor
Power & Utilities
Prepaid meter
Standby generator
Borehole
Treated water
Security & Safety
Security gate
Perimeter fencing
Electric fence
Burglar proof
Outdoor & Communal
Car park
Property details
Reference ID
#371-632-9
Advertiser reference
XH
Listed by
Xanderhomes
Property type
Restaurant / Bar
Listing status
Restaurant / bar for rent
Plot size
1,200 m²
Furnishing
Furnished
Area guide — Magodo
Interesting Facts
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives...
Leisure and Shopping
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Popular Estates
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of La...
Day Life
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicure...
Night Life
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Schools
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making,...
Read the full area guide for Magodo, Lagos
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Xanderhomes. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
