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Hotel / guest house for sale

Hotel, 7 Floors

Waziri Ibrahim, Victoria Island (VI), Lagos
₦7,500,000,000
#317-240-0 28 Oct 2025
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50 Bedrooms
57 Bathrooms
60 Toilets
4,000 m² Plot size
Hotel / Guest Property type
100 spaces Parking

About this property

Just Listed, Strategically located Hotel on 7 floors, in the high-brow area of Victoria Island, measuring about 4000sqm Suitable for 5 5-star hotels or luxury apartments with exquisite finishing, with potential for high-yielding returns on investment roi. Price 7.5 billion slightly negotiable, all documents are intact, allottee selling. Property Features.....,as follows 1. No of superior rooms, 50 in the main building of 6 floors 2. 30 rooms attached apartments 3. restaurant space 4. Event halls with a large capacity. 5. Gym space. 6. Pastry shop. 7. Elevators. 8. Olympic-size Swimming Pool, 9. Laundry room 10. Generator room. 11. Electricity transformer. 12. Borehole. Please note that the hotel has been inactive for several years and all the furnitures and assets stripped or stolen we are selling as is.

Property details

Reference ID #317-240-0
Listed by Absaat Property Service Limited
Property type Hotel / Guest House
Listing status Hotel / guest house for sale
Bedrooms 50
Bathrooms 57
Toilets 60
Parking spaces 100
Plot size 4,000 m²

Area guide — Victoria Island (VI)

Lagos

Interesting Facts

You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-fille...

Leisure and Shopping

Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosm...

Popular Estates

1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned...

Day Life

Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Is...

Night Life

In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is on...

Schools

If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent...

Read the full area guide for Victoria Island (VI), Lagos

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