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HIGH RISE PROPERTY FOR SALE - VICTORIA ISLAND, LAGOS.
LOCATION: Off Adeola Odeku Street, Victoria Island, Lagos.
LAND SIZE: 2031 square meters.
TITLE: Certificate of Occupancy
DESCRIPTION: This tower is an attractive Mixed-Use, Grade A, office and residential apartment building situated off Adeola Odeku Street, Victoria Island. The building comprising 11,900 sqm of office space over ten floors, available from 500 sqm to 1,190 sqm. Its arranged over 19 floors (inclusive of the ground floor) with a 5-level multi story park providing a total of 187 parking bays dispersed between ground to 5th floor. The gross lettable area comprises 11,190 sqm (9,230 sqm net) of office space over ten (10) floors (7th to 16th floor), the large floor plates offer great flexibility and efficiency to the modern occupier and are fitted to internationally recognized Grade A standards.
HERE'S A FLOOR BY FLOOR BREAKDOWN OF THE PROJECT:
1). 1st Floor to 5th Floor: Dedicated Parking
2). 6th Floor: 506m2 (Cafe/Restaurant space) and a gym
3). 7th -- 16th floor: 11,190m2 of office space spread across the 10 floors
4). 17th Floor: Four 3-bedroom (en-suite) apartments
5). 18th Floor: Rooftop/Sky Lounge.
The building also boasts of 2 HVAC systems on each floor. Rental price is set at $1200 USD per square meter excluding the apartments.
LISTING PRICE: $80 Million
Brokerage Fee:5%
Ref:000202
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TERMS & CONDITIONS
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To ensure a smooth, secure, and transparent transaction process, engagement is strictly limited to cash-ready direct buyers or their duly authorized representatives. Kindly note that no sensitive property information or documentation will be disclosed without proper verification.
Prior to Inspection, the Following Are Required:
1. Power of Attorney
If the principal buyer will not be present, a signed authorization letter must be provided, empowering the representative to act on the buyer's behalf.
2. Banker's Reference Letter
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3. Facilitators' Commission Acknowledgment
A signed confirmation from the buyer, acknowledging the agreed facilitator commission payable upon successful closure of the transaction.
4. Letter of Interest (LOI)
A brief statement from the buyer expressing intent to proceed with the acquisition and confirming readiness to comply with due process.
IMPORTANT NOTICE:
To ensure confidentiality, protect all parties involved, and prevent any form of circumvention, a Non-Disclosure & Non-Circumvention Agreement (NCNDA) must be signed before any inspection is arranged. This is a non-negotiable condition of engagement.
DISCLAIMER:
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Property Ref: 2633909 | Added On: 24 Dec 2024 | Last Updated: 02 Aug 2025 |
Market Status: Available | Type: Plaza / Complex / Mall |
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.
Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.
1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.
There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.
Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.
Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.
If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.
Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.
At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).
Read the full area guide for Victoria Island (VI), Lagos.
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