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Hotel / guest house for sale

Prime 21-Room Suite Boutique Hotel with Pool, Gym, Gen, & Restaurant

Off Ajose Adeogun, Victoria Island (VI), Lagos
₦3,600,000,000
#343-941-6 17 Apr 2026
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21 Bedrooms
1,151 m² Plot size
Hotel / Guest Property type

About this property

Prime Victoria Island Asset -- Rare Hospitality & Redevelopment Opportunity Address: Off Ajose Adeogun Street, Victoria Island, Lagos Land Size: 1,151.90 sqm Title: Secure Certificate of Occupancy (C of O) The Opportunity Positioned in the commercial heartbeat of Victoria Island, just off the prestigious Ajose Adeogun axis, this fully developed boutique hotel asset presents a rare dual advantage: immediate income potential + high-value redevelopment upside. Existing Asset Features 21 well-appointed guest suites Swimming pool & fully equipped gym Functional restaurant & service kitchen Conference/meeting room for corporate clientele Dedicated transformer (critical power advantage) Industrial generator & laundry facility This is a turnkey hospitality property with the infrastructure already in place to operate or upgrade into a premium lifestyle destination. Strategic Upside (Where the Real Money Is) This asset is not just a hotel --- it is a high-conversion investment platform: Corporate Office Conversion (Grade B+ or serviced offices) Luxury Residential Apartments (short-let or long-stay) Hybrid Use Development (co-living + executive suites + workspaces) Given its location, plot size, and infrastructure, the property sits in a high-demand corridor with strong rental and capital appreciation fundamentals. Why This Deal Stands Out Prime Victoria Island address with enduring prestige Scarcity of large plots in this axis Strong commercial & hospitality demand Built asset reduces development timeline and cost Flexible repositioning for maximum roi Price : ₦3.6 Billion Closing Note Opportunities like this rarely come to market --- a strategically located, income-ready asset with multiple redevelopment pathways in one of Lagos' most valuable districts. Serious investors only. Inspection strictly by appointment.

Property details

Reference ID #343-941-6
Listed by Powerful Property Consult
Property type Hotel / Guest House
Listing status Hotel / guest house for sale
Bedrooms 21
Plot size 1,151 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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