Commercial Property For Rent Location: Alao Akala Estate, Akobo, Ibadan Ibadan Oyo

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For rent: A Fully Functional Hotel Built On 700sqm Of Land,

Location: Alao Akala Estate, Akobo, Ibadan Ibadan Oyo

₦ 10,000,000/year

Commercial Property For Rent Location: Alao Akala Estate, Akobo, Ibadan Ibadan Oyo

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Property Type Commercial Property
Added 02 Nov 2025

Updated 25 Aug 2026

Description

*DIRECT BRIEF – HOTEL TO LET 👷‍♂️

A fully functional hotel built on 700sqm of land, featuring 9 well-furnished rooms, 15 air conditioners, a 70kVA Mikano generator, 2 refrigerators, 1 large freezer, industrial washing machine, mini lounge, laundry area, kitchen, office space, and a fenced, interlocked compound with gate.

✨ Key Benefits:
▪️ 22 hours of electricity daily
▪️ Located within a secure estate environment
▪️ Very close to Metro Lounge
▪️ Facing an ongoing tarred road
▪️ Less than 3 minutes’ walk to main Ojurin–Akobo Road
Rent: ₦10 Million per annum
📍 Location: Alao Akala Estate, Akobo, Ibadan

✅ Ideal for investors or entrepreneurs looking to run a ready-to-use hospitality business in a prime Ibadan location