Lugbe District, Abuja
₦300,000,000
Property Ref: 2812850 | Added On: 10 Apr 2025 | Last Updated: 16 Apr 2025 |
Market Status: Available | Type: Hotel / Guest House | Total Area: 4,000 sqm |
FOR SALE: Multipurpose Centre Lugbe FHA (Behind River Park Estate)
An exceptional investment opportunity---a versatile multipurpose centre strategically located in Lugbe FHA, just behind the prestigious River Park Estate. Ideal for recreational, educational, or hospitality ventures.
Property Features:
Amphitheatre -- perfect for performances, events, and gatherings
Main Leisure Hall -- currently operating as a library, adaptable for multiple uses
2-Bedroom Guest Chalet -- ideal for short stays or management accommodation
1-Bedroom Studio -- compact and functional living/work space
Warehouse -- ample storage space for various needs
Power & Infrastructure:
Solar-powered electricity across all buildings (excluding the warehouse and studio)
15 solar-powered street lights ensuring well-lit surroundings
Land Size: 4,000 SQM
Title: AMAC Certificate of Occupancy (C of O)
Price:
Market Value: 740 Million
Distress Price: 300 Million
(Initial Asking: 518 Million)
This property offers excellent value and flexibility for commercial or institutional use in a fast-developing area.
#AgentKhay