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Hotel / guest house for sale

30-Room Functional Hotel Property

Adetokunbo Ademola Street,, Victoria Island (VI), Lagos
₦10,000,000,000
#367-908-0 16 Sep 2026 10 views · last 30 days
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Hotel / Guest Property type

About this property

Property Details Property: 30-Room Functional Hotel Location: Directly on Adetokunbo Ademola Street, Victoria Island, Lagos Land Size: 1,800 SQM Asking Price: ₦10 Billion Transaction: Sale Title: Certificate of Occupancy (C of O) Status: Functional Hotel Inspection: Subject to confirmation of a qualified prospective buyer Zahari view A 30-room functional hotel positioned directly on Adetokunbo Ademola Street, Victoria Island, Lagos, offering an opportunity to acquire an existing hospitality asset in a prominent commercial and business district. The property sits on approximately 1,800 SQM of land, providing buyers with an opportunity to assess both the existing hotel operation and the underlying real estate. Unlike a vacant development site, this property presents an existing hospitality asset that can be evaluated based on its current configuration, physical condition, operational records and long-term potential. The direct position on Adetokunbo Ademola Street is a key property characteristic and should be assessed alongside accessibility, surrounding developments, planning regulations and the property's permitted use. Key Property Highlights 30 functional hotel rooms Approximately 1,800 SQM land size Directly on Adetokunbo Ademola Street Victoria Island, Lagos Existing hospitality operation C of O title Suitable for investors and hospitality operators Potential for future redevelopment assessment, subject to planning regulations Inspection available subject to qualification and confirmation WHY this property deserves attention Inspection policy Pictures and videos are not currently in circulation. To protect the privacy and security of the property, inspection is subject to confirmation of a qualified prospective buyer. Interested parties should contact Zahari Properties to discuss qualification and inspection arrangements. Documentation Title: Certificate of Occupancy (C of O) Asking price ₦10,000,000,000 This opportunity is available for serious investors, hospitality operators and qualified buyers seeking an existing hotel asset with an underlying landholding in Victoria Island. Property intelligence beyond the listing At Zahari Properties, we believe that commercial property acquisition requires more than reviewing the asking price. For an operational hotel, buyers should understand both how the business currently performs and what the underlying property represents. Proper due diligence can help establish the condition of the asset, the strength of its documentation, the operational position of the hotel and the parameters for any future development strategy. For Enquiries & Inspections +234 803 384 8156 +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction.

Property details

Reference ID #367-908-0
Listed by Zahari Properties
Property type Hotel / Guest House
Listing status Hotel / guest house for sale

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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