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Exceptional Property for Sale in the Heart of Alausa, CBD
Property Overview:
Discover an unparalleled investment opportunity with this strategically located property in the bustling Central Business District of Alausa. Spanning an impressive land size of 2,128.614 sqm, this property is not just a building; it's a gateway to countless possibilities.
Property Details:
- Location: Central Business District, Alausa
- Land Size: 2,128.614 sqm
Building Specifications:
This well-structured two-floor building is designed with versatility and functionality in mind, making it ideal for a variety of commercial uses.
- Ground Floor Features:
- Spacious car park
- General toilets
- Two seminar rooms
- Storage room
- Gatehouse
- Powerhouse
- First Floor Features:
- Expansive main auditorium
- Welcoming main reception area
- Manager's office
- Additional storage room
- Two VIP toilets
- Luxurious VIP lounge with en suite facilities
- Separate room for added privacy
- Control room situated at the roof slab for optimal management
Outstanding Facilities:
This property is equipped with top-tier amenities to ensure seamless operations and comfort:
- Two 250KVA standby soundproof generators
- Fourteen 10-ton Midea standing AC units
- One 5hp standing AC
- Three projectors with screens for presentations
- Nine 2hp AC split units for climate control
- 850 elegant banquet chairs
- 79 circular banquet tables (10-man capacity)
- 12 rectangular banquet tables (12-man capacity)
- One dedicated cake table
- Condition: All facilities are maintained in excellent condition
Legal Title:
- Certificate of Occupancy dated 16 August 1995 under Runimex Holdings Limited
- Governor's consent registered in the name of Kemsad Ventures
Capacity:
- Banquet seating: 700
- Theatre seating: 1,500
Asking Price: ₦2 billionPayment Terms: Full payment required
Additional Highlights:
- The building is designed with the potential for a third floor, with plans already approved and foundation laid for future expansion.
- A lift shaft has been constructed, facilitating easy access to additional floors if desired.
This property stands as a prime opportunity for investors looking to capitalize on a versatile space in a thriving commercial area. Don't miss your chance to own a landmark in Alausa's dynamic CBD. For inquiries and to schedule a viewing, please contact us today!
Property Ref: 2945595 | Added On: 27 Jun 2025 | Last Updated: 30 Jun 2025 |
Market Status: Available | Type: Plaza / Complex / Mall | Furnishing: Furnished |
Total Area: 2,128 sqm |
Ikeja is home to the biggest Information Communications Technology market in Africa; Computer village. Muhammed International Airport is also located in Ikeja. The legendary Fela Anikulapo Kuti lived and still has all his belongings in his house which has been converted into a museum.
Ikeja is home to the largest mall on the Lagos mainland. The Ikeja City Mall, also known as ICM, is Nigeria's busiest shopping mall. Within the mall, there are numerous clothing stores, restaurants, book stores, lounges, cinemas, and other notable fun destinations.
The quality of the estates in Ikeja will blow your mind. Living within most of them means that you'd be living in the same area as highly respected government parastatals. Awuse Estate, Alausa Royal Estate, Orchid Court Estate and Brown's Court are some of the best examples.
Fela Kuti's former home, the Kalakuta Republic Museum, is a great place to learn about the musician while he was alive. The Silverbird Cinema at ICM and Viva Cinemas at Jara Shopping Mall both have recently released films. Ikeja's many parks are ideal for picnics, hangouts, get-togethers, and group meetings.
The New Afrika Shrine is an open-air entertainment centre where Fela Kuti's children perform. Rumors nightclub, Cubana, Crescendo bar, Carlsbad Lounge and nightclub, Club Invogue, Club Uno, and Liquid Lounge are some of the clubs available.
Schools in Ikeja have consistently ranked in the top positions over the years, thanks to excellent learning infrastructure and experienced teachers. Many of them adhere to the British educational system, which draws international students. Ikeja is also home to Nigerian Police Training School, the Nigerian Police College, and the Nigeria Police Training College.
Read the full area guide for Ikeja, Lagos.
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