Hotel / guest house for sale
Commercial property for sale
Prime Commercial Investment Opportunity in Ajah.
About this property
A rare chance to acquire a strategically located income-generating property sitting on a massive 1,950sqm corner piece along Addo-Langbasa Road, Ajah.
The property comprises 3 blocks of flats and 21 standard shops with toilets, offering multiple streams of rental income and exceptional redevelopment potential.
Location: No. 1 Idiroko, Addo-Langbasa Road, Ajah, Lagos.
Title: Governor's Consent
Asking Price: ₦650 Million
Why this property stands out:
Corner Piece Location
Close to Addo Roundabout & Addo Market
High Traffic Commercial Corridor
Ample Parking Space
Strong Rental Income Potential
Ideal for a Mall, Hotel, School, Church, Plaza, Filling Station, Mixed-Use Development, or Build-and-Sell Project
Properties with this combination of size, location, title, and redevelopment potential rarely come to market.
Property details
Area guide — Ajah
Interesting Facts
Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break...
Leisure and Shopping
Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.
Popular Estates
Seaside Estate, Ocean Palm Estate, Peninsula Estate, Peaceville Estate, Royal Gardens Estate, Sunview Estate, Divine Homes, and others are notable estates.
Day Life
Fair Acres, located in Awoyaya, is a world-class park. It is a private country club that offers a variety of activities to its members, guests, families, and children. There is a kayaking lake, a world-class pool, a play...
Night Life
There are lounges, bars, and nightclubs all over the place. Simply choose your favourite....
Schools
Crane College, Busy Minds College, Jesilo High School, Lakefield Schools, Edidot College, Alpha Covenant Heritage School, Lakewood British School, Learning Ladder Montessori Schools, Readington School, Amber Ville School...
Read the full area guide for Ajah, Lagos
Similar properties in Ajah
More commercial property for sale in Ajah
Shop for sale
Luxury Clean Spacious Shop
Plaza / complex / mall for sale
Spring Mall (Shops and Offices)
Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Boco Investment Concept International Limited. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Popular locations in Ajah
Estates and areas near this property — pick one to see what's available.