Sturdy Building With Communal Rooms On 300sqm Parcel
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Property Description
FOR SALE --- WATCH VIDEO ABOVE
BUILDING WITH COMMUNAL ROOMS ON HALF PLOT + DEVELOPMENT LAND
(BANANA ESTATE, ISHERI)
Price: ₦30,000,000
Property Overview: Practical investment or owner-occupier opportunity: a building containing communal rooms sited on a 40ft × 120ft plot with additional usable land at the rear for expansion. Located in a serene, secured neighbourhood within Banana Estate (Musiliu Disu Street), off Akesan Bus-stop on LASU--Isheri Road --- ideal for conversion to school, clinic, guest house, hotel or continued residential rental use.
Key Features
- Existing building made up of multiple communal rooms (ready for immediate use or refurbishment)
- Land size: 40ft × 120ft (full half-plot standard) with spare land at the back suitable for extension or new development
- Serene, gated estate environment with good neighbourhood security and accessibility
- Excellent frontage and access from Musiliu Disu Street, close to Akesan Bus-stop and LASU--Isheri transport corridor
Permitted & Suggested Uses
- School / Daycare / Tutorial centre
- Clinic or specialist medical facility
- Guest house / Boutique hotel or short-stay apartments
- Residential rental estate with value-add renovation
Title & Documentation
- Registered Survey Plan
- Purchase ReceiptDocuments available for inspection during viewing and due diligence.
Investment Highlights
- Affordable entry into Isheri corridor with immediate cashflow potential or redevelopment upside
- Strategic location near LASU and major transport nodes increases tenant/patron pool and resale appeal
- Spare backyard land gives flexibility: add floors, construct additional units or assemble for commercial use
Price & Terms
- Asking Price: ₦30,000,000 (Serious offers invited)
- Quick sale possible for cash-ready buyers
#pastor
Property Details
| Property Ref: 3228842 | Added On: 29 Nov 2025 | Last Updated: 29 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 6 |
| Bathrooms: 2 | Toilets: 2 | Total Area: 300 sqm |
Interesting Facts
One of the most striking features of Isheri is that it is an inter-state neighbourhood, which means that some portions of it are in Lagos and others are in Ogun State. Channels Television, the country's most popular news television station, is also housed in Isheri.
Leisure and Shopping
Markets and supermarkets in Isheri are well stocked with food, household goods, and groceries. OPIC Maingate Market, Adiba Supermarket, MQ Stores, and Shoppers Express Supermarket are just a few examples.
Popular Estates
Isheri estates are noted for their peace and peacefulness. Opic Estate, Lonex Gardens, MTR Gardens, and Gateway Zone Estate are just a few of the fantastic residential estates that will provide you with good value for your money.
Day Life
Isheri offers a couple of restaurants and spas that you can visit to make your day trip worthwhile and restful. Iya Amala Canteen serves local cuisine, Chicken Republic is a great place to go for crispy chicken; Spa Revivify and Mari Skincare Spa are excellent choices for massage and body treatments.
Night Life
The fantastic nightlife of Isheri may be credited to the several pubs and clubs located around the area. The Paradox Bar, Orlaz Grillz and Lounge, Rilemal Lounge, and Mass Bar Lounge are notable places to begin with.
Schools
Children's schools in Isheri are among the best in the state, moulding children into tomorrow's successful leaders. Riverside Schools, Tender Care International Schools, Lordan Schools, Slegg Flourish Schools, Dee Unique College, and Tadey International Schools, are a few of the popular ones around.
Read the full area guide for Isheri, Lagos.
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21 Mojidi Street, Ikeja, Lagos, Nigeria
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+2347049744444
Registered 1 year ago
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