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DESCRIPTION
A purpose-built and strategically located 3-star hotel on 4 floors with basement and penthouse, offering excellent commercial visibility and dual access. The hotel features over 39 units of accommodation each ensuite with toilet and balconies, a penthouse, multiple mini-suites, restaurant, bar, equipped gym, event hall, and other functional spaces, making it ideal for hospitality investors, corporate lodging operators, and short-let investors.
LOCATION: Abe Street, Onipanu, Lagos. The hotel enjoys dual entry and exit point via Abe Street and Oluwatoyin Street, Onipanu, Lagos. It is highly visible and accessible to Ikorodu Road via Conoil filling station by Onipanu bus stop.
ACCOMMODATION DETAILS
39 units of rooms (23 single rooms & 16 mini-suites) spread across 4 floors;
Penthouse office space (en-suite);
All rooms ensuite with toilet and balconies;
Basement with gym, conference hall, VIP bar/lounge & office space;
Reception, restaurant, bar, kitchen & gift shop on Ground floor;
Multiple office space on various floors; and,
Mini event halls.
FACILITIES & AMENITIES
CCTV camera
Internet facility
Elevators with 2 pairs of stairs at both ends
Equipped gym
200 & 114 KVA back-up Generators
Dedicated transformer
Adequate parking space
Fenced and gated
Fire-fighting equipment installed (extinguishers)
ATTRACTIONS TO THE PROPERTY
OCOL Hotel presents an exceptional opportunity for operators seeking a fully fitted, fully furnished, and immediately occupiable hospitality asset in a thriving Lagos corridor. Strategically located just off Ikorodu Road, the property enjoys excellent visibility, access, and consistent traffic flow within a high-demand hospitality zone renowned for strong occupancy and attractive investment returns. Its proximity to major commercial hubs, residential estates, business districts, and transport links ensures a continuous stream of guest traffic and positions the hotel advantageously within the mainland market.
The hotel is offered vacant, providing a true plug-and-play advantage with all fittings, furnishings, and operational facilities, including the front desk/reception area, kitchen, restaurant, bar, conference rooms, guest rooms, and suites; ready for immediate occupation, thereby eliminating significant capital outlay or setup time. Its design supports diverse and profitable revenue channels spanning accommodation, conference and event hosting, restaurant and bar operations, fitness facilities, and outdoor relaxation spaces. This makes the property highly suitable for hospitality investors, short-let operators, corporate housing providers, medical hospitality extensions, or hybrid operators seeking flexibility and scale.
OCOL Hotel also offers well-appointed guest rooms with modern amenities such as air-conditioning, contemporary bathrooms, workspaces, and quality bedding, complemented by on-site dining, a bar/lounge, meeting rooms, Wi-Fi throughout the premises, a structured 24-hour front desk, and efficient housekeeping and laundry layouts. The facility's operational strength is further enhanced by ample parking, reliable power infrastructure with alternative backup, and robust security systems comprising CCTV coverage, gated entry, and access control.
Situated within a secure and organized neighborhood, the hotel benefits from a good road network and easy connectivity to key routes. Its strong commercial frontage provides excellent branding visibility, making it ideal for operators looking to strengthen or expand their presence on Lagos Mainland. With flexibility for positioning as a mid-scale business hotel, boutique establishment, or mixed hotel/short-let operation, OCOL Hotel delivers both immediate operational readiness and long-term growth potential for the right operator.
| Property Ref: 3251911 | Last Updated: 14 Dec 2025 | Market Status: Available |
| Type: House | Bedrooms: 40 | Bathrooms: 40 |
| Toilets: 46 | Furnishing: Furnished |
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