Festac Town, situated within Lagos State, Nigeria, is a residential enclave that emerged because of the hosting of the Second World Black and African Festival of Arts and Culture (FESTAC) in 1977. This event celebrated African heritage and creativity and left behind a distinctive architectural landscape.
Over the years, Festac Town has transformed into a thriving hub for both residential and commercial activities. It boasts a lively cultural environment and a diverse community, surrounded by neighborhoods like Agboju, Oluti, Alapako, Amuwo, Isunba, and Kirikiri. Recognized for its serene ambiance, Festac Town stands out as an appealing choice for families, offering amenities such as reliable utilities, security services, modern markets, dining options, accommodations, and healthcare facilities.
Its very name, "Festac," encapsulates its identity as the "Festival of Arts and Culture." The town's inception was inextricably linked to its role as the host of the monumental Second World Black and African Festival of Arts and Culture, known as FESTAC '77. This global event held high the banner of African heritage, arts, and culture.
Moreover, it's essential to acknowledge that the majority of Festac's residents are of Igbo descent. Research indicates that a substantial 40% of the town's populace originates from the eastern part of Nigeria.
In its journey, FESTAC Town has undergone a metamorphosis, ascending to a city in its own right. A prime example of this evolution is the presence of information-sharing platforms like Festaconline. This media entity has etched its place as a prominent household brand, disseminating insights and occurrences not only within Festac Town but also across Mile 2 and the broader Amuwo Odofin Local Government Area in Lagos State.
Festac Town features sports complexes that provide facilities for various sports and physical activities. The Festac Volleyball Court, as part of these complexes, offers a space for volleyball enthusiasts to engage in games and practice during their leisure time.
This bustling marketplace is a hub for shopping, where visitors can find a wide range of products such as food items, clothing, accessories, and more. It's known for its vibrant atmosphere and the variety of goods available.
Market Square and Shoprite are contemporary shopping malls in Festac that offer a modern shopping experience. They typically house various stores under one roof, providing a convenient way to shop for items ranging from clothing and electronics to groceries.
Unity Estate is one of the well-known residential communities in Festac Town. It's recognized for its harmonious living environment and well-designed infrastructure. The estate offers a range of housing options, catering to various preferences and family sizes. Unity Estate's emphasis on unity and community cohesion contributes to its popularity among residents.
Lake View Estate is prized for its picturesque views of water bodies, providing a serene and tranquil atmosphere for its residents. This estate offers a blend of comfortable housing and natural beauty, making it a sought-after place to live. The presence of lakeside views adds to the overall appeal of the estate.
Golden Estate is another notable residential enclave within Festac Town. It is known for its quality infrastructure, well-maintained surroundings, and strong sense of security. The estate offers a range of modern amenities and conveniences, contributing to a comfortable and enjoyable living experience for its inhabitants.
Woody Lounge. Photo Credit: Okoro Vincent Arnold, Google reviewer.
Woodys Lounge exudes a cozy and intimate atmosphere, perfect for engaging conversations. The gentle musical backdrop allows for easy discussions, while the delectable yet reasonably priced food adds to the appeal. The surroundings boast a captivating beauty, marked by a delightful ambiance and serene setting. The romantic aura is unmistakable, aided by the soothing melodies of a musician and the inviting glow of warm lighting. Undoubtedly, it stands out as a prime destination in Festac for romantic outings.
Frankids Amusement Park is an exciting park that provides a haven for kids to have fun and play. With various rides, games, and entertainment options, it offers families a chance to spend quality time together, creating memorable experiences for children and parents alike.
Victory Park offers a serene environment for outdoor activities, relaxation, and leisure. People can engage in activities like jogging, picnicking, or simply enjoying the natural surroundings, promoting a healthy and active lifestyle.
Bejoy Restaurant is a culinary destination where people can savor a diverse range of dishes. Its menu likely includes a mix of local and international flavors, catering to different tastes and preferences, making it a hub for gastronomic exploration.
The Grasshopper Place. Photo Credit: The Grasshopper Place, Website.
The Grasshopper Place is a prominent fixture in Festac's nightlife. Known for its lively ambiance and energetic crowd, it offers a mix of live music, DJs, and dance floors. This establishment provides a space for people to unwind and dance the night away. With its vibrant atmosphere and often eclectic music selection, The Grasshopper Place attracts both locals and visitors looking for a memorable night out.
Full House Club and Bar is another key player in Festac's nightlife. It is recognized for its trendy vibe and modern decor. This establishment often hosts themed nights, special events, and guest DJs, contributing to the diversity of entertainment options in the area. Whether you're looking for a place to socialize with friends or dance to the latest beats, Full House Club and Bar has something for everyone.
Lifestyle Club And Lounge offers a more upscale and sophisticated nightlife experience in Festac. Its stylish interior, VIP sections, and premium drink offerings appeal to those seeking a more refined atmosphere. This establishment often hosts live performances by local artists and showcases a blend of music genres, catering to a discerning crowd looking for a classy night out
Loral International Schools. Photo Credit:Loral International Schools, Website.
Loral International Schools is a well-known educational institution in the Lagos neighborhood of FESTAC. The school is the flagship institution of Loral Schools Limited. This co-educational school caters to both boys and girls and follows a fusion of Nigerian and British curricula. The school, which is dedicated to nurturing minds from 2 to 11 years old, employs contemporary and imaginative approaches to education, fostering growth and learning.
Moral-Ville Academy focuses on providing quality education while also instilling strong moral values in its students. The school aims to create well-rounded individuals who excel academically and contribute positively to society.
Christ The Redeemer Secondary School aspires to deliver top-tier secondary education, nurturing the growth of knowledge, skills, and attitudes essential for children's holistic development. With a commitment to instilling faith, virtue, and excellence through diligent effort, the school embraces both day scholars and boarders in a co-educational setting. It was established in May 2014 with a vision to empower young minds.
90% completed 36 bedrooms hotel with swimming pool, conference room, lounge, restaurant and gym for sale!!! location: festac lagos
price: 1. 8b
land size: 2000sqm
title: f. h. a
features;
- all rooms en-suite
- good road network
- good drainage system
- ample space
- restaurant
- lounge
- conference rooms
- gym
- swimming pool
facilitators fee: 5% of the considerable val...
Hottest deal in town
multiple used empty land for sale
land size :- 1 acres (6plot) together face tiled major road in festac town, good for hotel, shopping malls, mini estates, residential and more
location :- festa town, amuwo odofin, lagos
price :- ₦2.5 billion naira
tittle :- c of o intact documents
dm for more details and inspect...
Off 1st Avenue, Festac Town, Festac, Amuwo Odofin, Lagos
The property consists of 3 units of three (3) bedroom terrace duplexes within a serene environment. it has enough parking space, spacious rooms, portable water, stable electricity supply and secured environment.
location: just off 1st avenue, , festac town, lagos state.
price: the property is going for n4,000,000.00 per annum.
usage: the property is strictly for residential usa...
For lease- watch video above
50+ fully furnished rooms --- hotel / serviced apartments for lease ---
festac town, lagos
₦20,000,000 p.a. () ---
min. 5‑year term
rent & lease terms
- rent: ₦20,000,000 per annum (twenty million naira) -
- minimum lease duration: 5 years.
- commercial terms (deposit, escalation, service charge responsibilities) to be agreed with landlord.
property overview
a substantial operational hospitality asset in festac town offering 50+ fully furnished rooms configured as hotel rooms / serviced apartments. the property is presented for lease as a single operational unit --- an excellent opportunity for hotel operators, branded or independent hospitality groups, property investors and corporate operators seeking immediate market entry with an income‑producing, turnkey facility.
key features (typical / subject to inspection)
- 50+ fully furnished rooms and suites, all supplied with essential furniture and fittings
- mix of room types (standard rooms and larger serviced‑apartment styles) suitable for short‑stay and medium‑stay guests
- en‑suite bathrooms (confirmed on inspection) and in‑room fittings (beds, wardrobes, tv where provided)
- reception/lounge area and guest lobby for arrivals and check‑in operations
- back‑of‑house facilities: staff rooms, laundry/linen area and storage (subject to inspection)
- guest amenities typically available: communal dining/breakfast area, restaurant/cafeteria potential, meeting/banquet rooms (to be verified)
- utilities & services: on‑site power backup (generator) and water provisions typical for festac hospitality assets (to be confirmed)
- parking: on‑site car parking for guests and staff (subject to site layout)
- security: gated perimeter and estate security context within festac town
why lease this property
- immediate operational capability: fully furnished rooms reduce mobilisation time and capex for an incoming operator.
- strong catchment: festac town benefits from steady local demand for guest accommodation (business, corporate, visiting families and short‑term residents).
- scale: 50+ rooms provide meaningful revenue base and economies of operation for branded or independent operators.
- flexibility: asset suitable for hotel operator, serviced apartment operator, corporate housing provider, or conversion to a mixed hospitality/residential asset (subject to consent).
ideal tenant profile
- hotel brands and franchise operators seeking a lagos mainland base.
- serviced apartment operators and corporate housing providers.
- investors or operators planning to rebrand and reposition the asset to improve yield.
- educational or corporate entities seeking staff accommodation or short‑stay housing for projects.
operational notes & tenant obligations
- property is offered as a lease of the building and furniture/fixtures (inventory, equipment and trading stock to be agreed in separate negotiation if applicable).
- tenant will be responsible for operational licensing, staff management, utilities, insurance and routine maintenance during the lease term (specific allocations to be set out in the lease).
- landlord and tenant to agree on inventory handover schedule, condition survey and any refurbishment scope prior to commencement.
due diligence & documentation required
- prospective tenants to provide company profile, proof of funds or bank reference, and proposed operating concept for landlord review.
- qualified parties will be provided access to inspection, inventory list and property documentation under confidentiality.
- recommended checks for prospective tenants: site inspection, fire & safety audit, utility capacity review, review of local compliance and licensing requirements.
legal & disclaimer
all information provided is indicative and supplied in good faith. prospective tenants must carry out independent legal, technical and commercial due diligence. lease terms, availability and particulars are subject to contract and may change without prior notice.
contact: mr. kola adesina (edba)
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
please feel free to browse our other featured properties
referrals & third party agents: 2.5%-comm
ref: w...
For lease
hotel for lease ---
maza maza, lagos
48 rooms ---
₦15,000,000 p.a. -
5‑year term
rent & lease term
- rent: ₦15,000,000 per annum (fifteen million naira)
- minimum lease duration: 5 years
location & availability
- location: maza maza area, lagos --- convenient access to local transport and commercial nodes.
- availability: immediate. property offered for lease as a single operational asset. viewings by appointment.
property overview
an operational 48‑room hotel available for lease in maza maza. the asset presents a ready platform for hotel operators, serviced‑apartment providers or corporate housing groups seeking an established footprint with scale. this opportunity is suited to tenants wishing to operate under their own brand, rebrand the asset or run it as an income‑producing hospitality business with minimal lead time.
key features (to be confirmed on inspection)
- 48 guest rooms (mix and furnishing levels to be inspected)
- reception/lobby and guest arrival facilities
- back‑of‑house areas including staff rooms, laundry and storage (subject to site verification)
- on‑site parking (subject to site layout)
- utilities and power backup arrangements to be confirmed during inspection
- existing operational fixtures and fittings may be included or negotiated separately
why lease this hotel
- immediate scale: 48 rooms provides a meaningful revenue base and operational economies from day one.
- turnkey opportunity: suitable for operators who want to commence trading quickly (subject to licensing and handover terms).
- flexible use: can be operated as a traditional hotel, serviced apartments, short‑stay accommodation or corporate lodging (subject to landlord consent and regulatory approvals).
ideal tenant profile
- established hotel brands or independent operators seeking lagos mainland presence.
- serviced‑apartment operators and corporate housing providers.
- investors/companies needing staff accommodation or project housing for a multi‑year term.
lease & operational considerations
- lease to be executed under standard commercial terms with security deposit, heads of terms and agreed responsibilities for repairs, utilities and insurance.
- tenant responsible for obtaining/maintaining any operating licences, fire & safety compliance, local authority approvals and routine maintenance during the lease.
- inventory, furniture and equipment inclusion to be negotiated separately and documented in the lease schedule.
due diligence & documents requested
- prospective tenants will be required to provide company profile, proof of funds or bank reference prior to inspection.
- recommended diligence for lessee: site inspection, fire & safety audit, review of utility/power backup, condition survey of rooms and public areas, and verification of any existing compliance certificates.
viewing & next steps
- viewings by appointment for qualified parties only. submit proof of funds or bank reference to request a site inspection and receive further property particulars.
- heads of terms and lease draft will be issued to shortlisted applicants following inspection and preliminary negotiations.
legal & disclaimer
all information provided is indicative and supplied in good faith. prospective tenants must undertake independent legal, technical and commercial due diligence. lease terms, availability and particulars may change without notice.
contact: mr. kola adesina (edba)
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
please feel free to browse our other featured properties
referrals & third party agents: 2.5%-comm
ref: w...