Plaza / complex / mall for rent
Ishaga, Near Luth, Surulere, Lagos
To lease --- request video
bungalow on 658 sqm land ---
ishaga (via luth)
10โyear lease
(5โyear option)
โฆ10,000,000 p.a.
overview: hot opportunity for lease in the ishaga / luth corridor --- a neat bungalow sited on approximately 658 sqm of land available for lease. the owner seeks a 10โyear lease (preferred) but will consider a 5โyear lease subject to full upfront payment. priced at โฆ10,000,000 per annum, this property is ideal for corporate clients, ngos, medical outreach, small schools, clinics, guest housing or an executive residence requiring immediate occupation in a highโaccess location.
property summary
- property type: bungalow on single plot
- land size: c. 658 sqm
- location: ishaga, via luth (close to lagos university teaching hospital) --- convenient access to mainland and island corridors
- lease term: 10 years preferred; 5 years considered on firstโpayment (upfront)
- rent: โฆ10,000,000 per annum (ten million naira)
- availability: immediate --- viewings by appointment
key features & benefits
- practical bungalow layout suitable for conversion to office, clinic, boutique school, corporate housing or staff accommodation
- generous compound on a 658 sqm plot --- space for parking, landscaping or light extensions (subject to landlord consent)
- secure location with easy access to luth, public transport and major arterial roads --- ideal for operations requiring proximity to the hospital or central lagos links
- attractive lease flexibility: longerโterm security for operators, but short(er) term available with immediate settlement option
- competitive annual rental for the luth/ishaga microโmarket
suitable uses (examples)
- corporate office / branch for ngos or medical associations
- medical clinic, diagnostic or specialist outpatient facility (confirm regulatory approvals as required)
- small private school, nursery or training centre (subject to planning and approvals)
- executive guest house or staff housing for organisations operating near luth
- showroom or light commercial use where permitted
lease & commercial terms (indicative)
- rent: โฆ10,000,000 per annum --- payable per lease agreement schedule (annual/quarterly as agreed)
- lease length: 10 years preferred; 5 years possible where full payment is made on commencement
- security deposit: typically required (negotiable)
- rent review: to be agreed in lease (marketโaligned reviews recommended)
- repairs & maintenance: tenant responsible for internal repairs; landlord responsible for structural (detailed in lease)
- change of use: tenant must obtain necessary approvals for regulated uses (medical, educational, etc.) and secure landlord consent for structural alterations
viewing & application process
- viewings: by appointment only for qualified tenants. please provide company profile (if corporate), intended use and proof of funds prior to inspection.
- to apply: submit an expression of interest (eoi) with tenant details and preferred lease term. on qualification, the landlord will issue a draft lease and reservation terms.
- documentation: tenants will be required to complete standard kyc; corporate tenants to provide rc documents and bank reference.
contact / next steps
to arrange a viewing, request further details or submit an eoi, contact:
[agent / landlord name]phone: [insert phone number]email: [insert email address]
notes & disclaimers
- all information is provided in good faith and subject to verification. final lease terms, approvals and pricing will be set out in the formal lease agreement.
- any intended changes of use (medical, educational, etc.) are subject to regulatory approvals and landlord consent.
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
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More details
₦10,000,000 per annum
The Build Centre Properties
09028190510