Commercial Property for Sale in Abraka

Commercial Property for Sale in Abraka - 1
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Price Analysis Good Price

Based on 255 similar listings

Market Demand

High Demand

Details

Address
Benin Road abraka
Condition
Uncompleted Building
Furnishing
Unfurnished
Property Type
Hostel
Square meters
2,500 sqm
Parking Spaces
10+
Secure Parking
true

Commercial Property for Sale in Abraka Highlights

  • Hostel Property Type: Hostels are designed to accommodate multiple residents, often with shared common areas and individual rooms or dormitories. They are typically suited for student housing or budget accommodation.
  • Generous Land Size: A property of this size offers ample space for expansion, additional facilities, or landscaping. It can accommodate a larger number of units or amenities.
  • Ample Parking Availability: With numerous parking spaces, this property can comfortably accommodate a significant number of vehicles. This is especially beneficial for properties with high occupancy or frequent visitors.
  • Uncompleted Building Potential: An uncompleted building offers the flexibility to customize the remaining construction to your specific needs and design preferences. It allows for modern finishes and layouts.
  • Secure Parking: Secure parking provides peace of mind by protecting vehicles from theft and vandalism. This is often achieved through fencing, gates, or surveillance systems.

Description

• Strategically located one plot from Benin Road, Abraka, in a serene environment. • Comprises a 24-room hostel, adaptable for hotel, apartments, hospital, or private school. • Additional building in the same compound, currently chained up to DPC level, offering expansion potential. • Land size is approximately 150ft x 200ft (around 2500 sqm). • Property Type: Hostel, suitable for various commercial ventures. • Condition: Uncompleted building section present, main structure appears complete. • Furnishing: Unfurnished. • Parking: Ample space for 10+ vehicles.

Compare

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ConditionUncompleted BuildingFairly UsedFairly Used
Property TypeHostelTerraced DuplexFactory
FurnishingUnfurnishedUnfurnishedFurnished
AddressBenin Road abrakaBehind lere adigun estate bashorun ibadanAjia, Odeyale area, off akanran road ibadan.
Square meters2,500 sqm700 sqm500 sqm
Parking Spaces10+3—
Secure Parkingtruetruetrue
Price₦ 80,000,000₦ 80,000,000₦ 60,000,000