Distress! Uncompleted 36-room Hotel With Multiple Facilities
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Property Description
Distress Sale! Uncompleted 36-Room Hotel with Multiple Facilities
An exceptional opportunity to acquire an uncompleted 36-room hotel sitting on 4 plots of land, strategically located along the Ijebu Ode-Itoikin expressway, Ikorodu, Lagos. The property features:
- 100-Seater Regular Bar
- 50-Seater VIP Bar
- 50-Seater Board Room
- 2,000-Seater Proposed Hall
- Helipad & Power House
Current Status:
- Bar: Decked
- Hotel Rooms: Decked
- Board Room: Roofed
- Hall: Proposed
- Power House: Decked
Property Highlights:
All plumbing pipes installed, electrified with a functioning prepaid meter, fenced all round with gate, and ample space for further development. The property is a corner piece with direct access to the expressway, making it ideal for conversion into:
- Apartments
- School
- Hostel
- Church
- Hospital
- Blocks of Flats
- Private Mansion
Prime Location & Proximity:
- 1-minute walk to Ikorodu North LCDA
- 1-minute walk to Isiwu Primary Health Center
- 3-minute drive to Caleb University
- 2-minute walk to Ultra-Modern Chinese Market Complex
- 13-minute drive to Ikorodu Roundabout
Title Documents:
- Registered Survey Plan
- Red Copy Submission
- Land Use Charge Affidavit
Price: 175 Million Naira (Negotiable)
This is a rare investment opportunity with huge potential for conversion or completion. Contact now to secure this valuable asset!
Property Details
| Property Ref: 2502447 | Added On: 08 Oct 2024 | Last Updated: 03 Dec 2024 |
| Market Status: Available | Type: Hotel / Guest House | Bedrooms: 36 |
| Bathrooms: 36 | Toilets: 36 | Total Area: 2,600 sqm |
Interesting Facts
It is interesting to note that Ikorodu is the fastest growing suburb of Lagos metropolis, owing to the increasing influx of people from surrounding villages attracted by the town’s proximity to Lagos. Ikorodu has brought about the rise of popular personalities and the largest power generating station in Nigeria is also located in Ikorodu.
Leisure and Shopping
Residents in this neighborhood can be sure of an overall pleasant and exciting shopping experience. For open-air shopping, visit Sabo market or Elepe Community market. For indoor shopping, explore Justrite Superstore and Grocery Bazaar Limited.
Popular Estates
In Ikorodu, there are a plethora of estates with enticing property pricing. Consider Valleyview Estate, Greenleaf Estate, Treasure Island Estate, Diamond Estate, and Springview Estate while making your decision.
Day Life
Ikorodu residents do not have to look far to locate hotspots where they can relax, have fun, and spice up their social life. The Oshodi Art Gallery, The Origin Gardens, Dream Park and Gardens are all fantastic places to start. You can also wine and dine at Chicken Republic, Magrellos fast food, and Dominos Pizza.
Night Life
Ikorodu features a number of clubs and pubs that offer a fun nightlife. All you have to do now is choose. At Haven Lounge & Club, The Place Lounge, and Anchor Point Grills, the party never ends.
Schools
Parents who reside in Ikorodu and want to provide their children with a high-quality education will be relieved to find that there are several good schools to select from. Some examples are Landmark College, Great Joy Schools, Unique Blossom Schools, and Lighthouse International Schools.
Read the full area guide for Ikorodu, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Eniola Ogunmuyide & Partners. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Marketed by
46, Old Ota Road, Olota, Off Ekoro Junction, Abule Egba, Lagos, Nigeria
0803 XXXX Show Phone
+2348033910359
Registered 9 years ago
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