Commercial Property
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Property Description
FOR SALE: Multipurpose Centre Lugbe FHA (Behind River Park Estate)
An exceptional investment opportunity---a versatile multipurpose centre strategically located in Lugbe FHA, just behind the prestigious River Park Estate. Ideal for recreational, educational, or hospitality ventures.
Property Features:
Amphitheatre -- perfect for performances, events, and gatherings
Main Leisure Hall -- currently operating as a library, adaptable for multiple uses
2-Bedroom Guest Chalet -- ideal for short stays or management accommodation
1-Bedroom Studio -- compact and functional living/work space
Warehouse -- ample storage space for various needs
Power & Infrastructure:
Solar-powered electricity across all buildings (excluding the warehouse and studio)
15 solar-powered street lights ensuring well-lit surroundings
Land Size: 4,000 SQM
Title: AMAC Certificate of Occupancy (C of O)
Price:
Market Value: ₦740 Million
Distress Price: ₦300 Million
(Initial Asking: ₦518 Million)
This property offers excellent value and flexibility for commercial or institutional use in a fast-developing area.
#AgentKhay
Property Details
| Property Ref: 2812850 | Added On: 10 Apr 2025 | Last Updated: 10 Apr 2025 |
| Market Status: Available | Type: Hotel / Guest House | Total Area: 4,000 sqm |
Interesting Facts
Lugbe's intriguing facts stem from its rich history, proximity to the airport, and captivating natural landscape. These elements combine to create a unique and beautiful essence that sets Lugbe apart.
Leisure and Shopping
Lugbe is a vibrant neighborhood that provides its residents and visitors with a diverse range of shopping and leisure experiences. From the local charm of Pyakasa Fruit and Food Market to the convenience of AKJ Supermarket and The Partners Mini Mall's chic boutiques, there's something for everyone. Classic Supermarket and Fairplay Delights Supermarket cater to grocery needs, while Bliss Beauty Lounge & Spa offers relaxation and pampering. Sports enthusiasts can head to El-Salem Volleyball, and gym-goers will find their haven as well. For fun seekers, Lugbe offers more shopping, entertainment, and dining choices, making it an exciting destination.
Popular Estates
In the heart of Lugbe, a lot of housing developments stand tall, showcasing solid and remarkable buildings. River Park Estate, Lugbe Estate Phase 1 and 2, Federal Housing Estate, Palms Estate, Jedo Estate, Joy Estate, Light House City Estate, Goshen Villa Estate, UFAAB Estate, Trademore Estate, and Sunnyvale Estate are just a glimpse of the rich variety of prestigious residential options available in this dynamic neighborhood.
Day Life
Night Life
Schools
In the vibrant neighborhood of Lugbe, an impressive array of prestigious schools thrive, such as Britarch Schools, OliveHall Preparatory School, Cedarhall Academy, Kingdom Laureate School, Progress Dynamic International Academy, and others. These institutions offer an outstanding education, shaping young minds for a bright future.
Read the full area guide for Lugbe District, Abuja.
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15, Haile Selassie Street, Asokoro, Fct, Nigeria
0802 XXXX Show Phone
+2348113875604
Registered 2 years ago
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