Orile Iganmu, Surulere, Lagos
₦140,000,000
| Property Ref: 3118007 | Added On: 27 Sep 2025 | Last Updated: 28 Sep 2025 |
| Market Status: Available | Type: School |
Listing title
For Sale --- Modern 3Storey School Building on Two Plots 1,209 sqm
Survey - Receipt - Deed
80,000,000
Overview: A sturdy, modern threestorey educational building offered for sale on two adjoining plots (total site area 1,209 sqm). Constructed to a high standard and operating with a registered school licence, the asset provides a rare, readymade opportunity for an owneroccupier institution or for conversion to a wide range of commercial, institutional or mixeduse purposes. All key ownership documents (Survey, Receipt and Deed) are available for inspection by qualified buyers.
Property summary
- Asset type: Purposebuilt 3storey school building (solid construction)
- Site area: 1,209 sqm (two plots sold together)
- Title & documents: Survey plan, Receipt and Deed --- available to qualified buyers and solicitors
- Licence: Registered school licence in place (copy available on request)
- Asking price: 80,000,000 (Eighty million Naira)
- Availability: Immediate --- sale or longterm lease options considered
Building description & practical features
- Three wellconfigured floors offering multiple classroom/lecture spaces and administrative accommodation (detailed floor plan available on request).
- Dedicated reception/administration area and staff rooms providing immediate operational capacity.
- Assembly / multipurpose hall adaptable for events, conferences or openplan workspace.
- Service areas including toilets, stores, pantry/kitchen provision and utility rooms.
- Robust structural construction suitable for adaptive reuse --- MEP backbone in place (electrical, plumbing and drainage).
- External space across two plots allows for parking, landscaping, play/assembly areas or future expansion.
- Secure perimeter and discrete entrance --- suitable for institutional uses requiring privacy and control.
Flexible reuse & highestvalue applications
The building's structure and layout make it well suited to a broad range of alternative uses (subject to statutory planning and regulatory approvals):
- Private school, nursery, college or vocational training centre (existing licence simplifies transition)
- Corporate training & conference centre or head office with onsite class/meeting rooms
- Medical or diagnostic centre, outpatient clinic or wellness facility
- Coworking / serviced office hub, innovation centre or business incubator
- Affordable student or staff accommodation / hostel conversion (subject to approvals)
- Community centre, events venue or cultural facility
- Lightindustrial R&D, laboratory or studio space where compatible with planning
Title, licence & documents
- Ownership pack: Survey plan, official receipt and Deed of Assignment (or equivalent) available for solicitor review.
- Registered school licence currently in force --- details and transferability to be discussed with relevant regulatory authority.
- Buyers should instruct solicitors to run the usual title searches and to advise on licence transfer and any changeofuse requirements.
Due diligence checklist (recommended)
- Legal: Verify Deed and chain of title; check for encumbrances, outstanding rates or statutory obligations.
- Technical: Structural, electrical and plumbing survey; roof and MEP inspection; asbestos check if applicable.
- Planning: Confirm permitted uses and changeofuse requirements with the local planning authority for any intended conversion.
- Services: Verify power supply, water source and capacity, drainage, telecom connectivity and any estate/service charges.
- Operational: Inspect licence terms and any conditions attached to the school registration.
Sale process & viewing
- Viewings: By appointment only for prequalified buyers. Proof of funds and buyer identification required prior to release of full documentation and site access.
- Offers: Submit a Letter of Intent (LOI) together with proof of funds. Shortlisted buyers will receive the full dossier and be invited for inspection.
- Transfer: Sale will proceed via solicitorled conveyancing. Buyers should budget for legal fees, stamp duty and registration costs.
Note: All particulars are provided in good faith. Prospective buyers must undertake independent legal, technical and financial due diligence prior to any commitment. Any intended change of use is subject to statutory approvals.
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
Ref: Efosa
