08165685505 • [email protected]
Victoria Island (VI), Lagos
$500,000 per annum
approx. ₦719,344,564
| Property Ref: 3012702 | Added On: 03 Aug 2025 | Last Updated: 23 Jun 2026 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 45 |
| Bathrooms: 35 | Toilets: 40 | Parking Spaces: 50 |
| Furnishing: Furnished | Total Area: 2,000 sqm | Covered Area: 2,000 sqm |
| Servicing: Serviced | Service Charge: $150,000 (approx. ₦215,803,369) per annum |
S. Direct Brief
PROPERTY FOR LEASE on a Water front
VICTORIA ISLAND LAGOS
The property consists of 18 residential units, comprising 12 units of 2-bedroom apartments and 6 units of 3-bedroom apartments, each with boys' quarters. In addition, it features a 2000 Square meter of two-story office section with a penthouse, providing ample space for administrative functions. The property also includes a swimming pool, provisions for a gym, and a canteen, making it suitable for both residential and commercial use.
A jetty section directly attached to the Embassy jetty, offering convenient waterfront access.
Two functional 550 KVA generators ensuring uninterrupted power supply.
Diesel storage tanks (both underground and surface) for sustained fuel availability.
A functional fire alarm system and a fire-fighting pipe network for enhanced safety.
Ample parking space to accommodate multiple vehicles.
LEASE TERMS
Annual Rent: $500,000.00
Service Charge: 30% of the annual rent (excluding utilities)
Agency Fee: 10% of the annual rent
Legal Fee: 10% of the annual rent
Availability: Available for both short- and long-term lease
Lease Terms: minimum 3 years
Given its prime location, security advantages, and premium facilities,
Formerly used by an embassy
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