For lease
prime 8‑bedroom property (commercial or residential) off ajose adeogun road, victoria island, lagos
brief: semi mandate
**video available**
quick overview
- property: spacious 8‑bedroom detached house with security post and 2‑room boys' quarters (bq)
- land size: approximately 1,000 sqm
- location: victoria island --- off ajose adeogun road (prime commercial/residential corridor)
- suitable use: commercial (corporate hq, office, clinic, boutique hospitality, co‑working) or high‑end residential/mixed use
- lease term: 5 years
- rent: ₦65,000,000 per annum (sixty‑five million naira) --- excludes fees and charges
- upfront transaction costs: caution (deposit) 10%;
legal fee 10%;
agency fee 10% (percentages applied to annual rent unless agreed otherwise)
- viewings: by appointment for pre‑qualified tenants
property summary
rare leasing opportunity in the heart of victoria island --- an expansive 8‑bedroom property on ~1,000 sqm of land, offering flexible layout and strong curb appeal. designed for both upscale residential living or prominent commercial use, the property includes a dedicated security post, self‑contained 2‑room bq, generous outdoor space suitable for parking or events, and strategic positioning off ajose adeogun road for excellent visibility and accessibility. the property is offered on a five‑year lease at ₦65m per annum and is ideal for corporate occupiers seeking a representative hq, professional services, boutique hospitality operator or a family requiring premium space in victoria island.
accommodation & typical layout
- 8 bedrooms (arrangement and en‑suite status to be confirmed on viewing)
- formal reception and multiple living/lounge areas ideal for meetings or family entertaining
- dining room and service areas (kitchen specification to be confirmed)
- 2‑room self‑contained boys' quarters (bq) --- staff accommodation or service apartment option
- dedicated security post at compound entrance for controlled access
- generous compound with space for multiple car parking, landscaped areas and potential for external seating/events
- suitable internal subdivision for offices or clinical/consulting rooms (subject to consent and tenant fit‑out)
key features & advantages
- prime victoria island location offering proximity to banks, corporate offices, embassies, hotels and amenities
- large 1,000 sqm land footprint providing flexibility for parking, external branding and extensions (subject to approvals)
- dual commercial/residential suitability widens tenant market and potential uses
- security post enhances access control and tenant safety for commercial operations
- straightforward five‑year lease tenure attractive to corporates seeking medium-term occupation certainty
commercial terms (standard structure --- negotiable)
- rent: ₦65,000,000 per annum (excluding utilities, service charges and taxes)
- lease term: 5 years (renewal terms to be negotiated)
- upfront costs (indicative):
- caution (deposit): 10% of annual rent = ₦6,500,000
- legal fee: 10% of annual rent = ₦6,500,000 (engagement/administration fee --- detail to be agreed)
- brokers fee: 10% of annual rent = ₦6,500,000
- additional charges: tenant responsible for utility bills (power, water), security management, property maintenance and any municipal rates/levies unless otherwise agreed. service charge or estate management fee to be confirmed if applicable.
- payment frequency: annual, bi‑annual or quarterly payment structures may be considered for qualified tenants; subject to negotiation and guarantee (bank guarantee or deposit).
recommended due diligence & tenant considerations
- request proof of ownership/title and confirm legal right to lease (landlord's title documents and identity verification).
- confirm property compliance for intended commercial use (planning/use consent, fire safety certificate, occupancy certificate where applicable).
- for commercial tenants: confirm licensing requirements (medical, financial, hospitality) and arrange landlord consent for signage, branding and physical modifications.
- verify parking allocation, external access, loading/unloading arrangements and security provisions.
- undertake site inspection to confirm internal layout, wiring, plumbing, hvac, generator/water systems and any outstanding maintenance works.
- landlord/tenant to agree on permitted alterations and reinstatement obligations at lease expiry.
suggested tenant use-cases
- corporate headquarters or regional office for banks, oil & gas, legal or consulting firms
- private medical clinic, diagnostic centre or specialist practice (subject to regulatory approvals)
- boutique serviced apartments or executive short‑let operator with staff quarters used as service suite
- upscale private residence for large family with staff accommodation
- event/meeting venue, training centre or co‑working hub (subject to planning and licences)
viewing & next steps
- viewings strictly by appointment for pre‑qualified tenants. proof of funds / company credentials required to schedule inspection.
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*
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