Detached House
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Property Description
LOCATION : Commercial Avenue Sabo, Yaba, Lagos.
Land Size : 2700sqm
Title: The root title is C of O from Oyadiran Estate, Registered Title of Loss of Deed of Assignment.
Year of Built: 2003
No of Floors: 7 floors
No of Wings: 2 wings
Total Rooms: 165 rooms
Additional Facilities:
- Supermarket
- Laundry Mart
- Offices
- Lifts (currently out of use)
- Canteen
- Generator House
- Dedicated Transformer
- Ample Parking Spaces
Current Use: It is currently used as a service apartment with 3 variants of rooms : Premium. Basic and Unfurnished.
The guests have options of paying daily, weekly, or monthly.
The occupancy rate hovers between 95% to 100% in the last 3 years with monthly revenue of *N12 million monthly
Few of the rooms are used as offices due to the prime location of the building.
Internet service providers occupy two offices with masts erected on the roof of the building.
The Supermarket and the Canteen serve the guests
Price: N1.7billion
Call Chris
+2349068778700
Property Details
| Property Ref: 2914279 | Added On: 10 Jun 2025 | Last Updated: 10 Jun 2025 |
| Market Status: Available | Type: Block of Flats |
Interesting Facts
Yaba is the epicentre of so many different activities in Lagos. From educational institutions to small businesses, there is something for everyone in Yaba. It has become a technology hub thanks to the presence of many startups such as Hotels.ng and Cc Hub.
Leisure and Shopping
Many Lagosians flock to Tejuosho market for thrift shopping. The E-Centre is another popular shopping destination in Yaba. Ozone cinemas are housed in the mall, which is conveniently located on Commercial Avenue. Malls such as Mallmart and PEP Shop also offer shopping options.
Popular Estates
Tajudeen Olanrewaju Housing Estate is a small but beautiful estate. The driveways are well laid out and excellent for both jogging and cycling. Jacob Mews is a community of 90 apartments clustered into blocks of flats, condos, and terraces.
Day Life
Yaba is an energetic location that offers numerous activities for its residents. The environment is serene and calm for relaxation. Pancake Hub, Domino's Pizza and Dodo Pizza are your breakfast plugs. Makoko is a unique inner-city slum that has a third of its community built on the lagoon.
Night Life
Barnilux Bar is one of the most popular locations to experience the nightlife in Yaba. Nkwobi Palace & Richbite BBQ Spot is a perfect spot for those who want to have a local taste. Other places to grab a drink in the evening are Koko Lounge, House of Haze, and The Gondola Club.
Schools
Blooming Greens School uses character development and a variety of teaching methods to maximise your child's potential. Our Lady of Apostles Private School is a 40-year-old learning and discipline citadel. Other schools in Yaba are Prudence Girls' High School, Prudence City College, Wesley Girls' Secondary School, Queens College, Western College, Westerfield College, etc.
Read the full area guide for Yaba, Lagos.
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Disclaimer
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Marketed by
Gerard Road Ikoyi, Ikoyi, Lagos, Nigeria
0912 XXXX Show Phone
+2349068778700
Registered 6 months ago
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