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Premium Income-Generating Property For Sale in Oniru
1,300 SQM 14 Mini Flats (Airbnb Operation) Governor's Consent ₦2 Billion Net
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Property Overview
- Land Size: 1,300 SQM
- Existing Structure: 14 Mini Flats (Fully Operational Airbnb Business)
- Location: Oniru Proper, Lagos
- Price: ₦2,000,000,000 (Net - Not Negotiable)
- Price per SQM: ₦1,538,462
- Title: Governor's Consent
- Sale Type: Outright Purchase
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Key Highlights
- Turnkey Investment -- Fully operational Airbnb business generating immediate rental income
- Prime Oniru Location -- Premium address in the heart of Oniru with high rental demand
- Perfected Title -- Governor's Consent ensures secure and marketable ownership
- Existing Cash Flow -- 14 units providing consistent rental revenue
- Net Price Clarity -- No additional costs or hidden fees
- Scale Potential -- Opportunity to expand or redevelop the existing structure
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️ Property Features
- 14 Self-Contained Mini Flats
- Active Short-Term Rental Business
- Prime Positioning within Oniru Proper
- Ready for Immediate Operation
- Potential for Expansion or Redevelopment
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Location Benefits
- Prestigious Oniru Address -- Among Lagos' most desirable residential locations
- High Tourist & Business Demand -- Ideal for short-term rental market
- Excellent Security -- Secure neighborhood with controlled access
- Prime Accessibility -- Easy reach to Victoria Island, Lekki Phase 1, and business districts
- Premium Amenities -- Close to beaches, shopping malls, and entertainment hubs
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Investment Analysis
- Net Price: ₦2 Billion (Firm - Not Negotiable)
- Immediate Cash Flow: Existing Airbnb operation
- Title Security: Governor's Consent provides ownership assurance
- Dual Value: Land asset + Operating business
- Appreciation Potential: Prime Oniru location ensures capital growth
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Business Opportunity
- Continue Successful Airbnb Operation
- Redevelop into Luxury Apartments
- Expand Existing Structure
- Corporate Housing Business
- Mixed-Use Development
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Exclusive Offering
This is a rare opportunity to acquire a premium income-generating property in Oniru with perfected title and immediate cash flow.
Perfect for:
- Hospitality Investors
- Real Estate Entrepreneurs
- Property Developers
- High-Net-Worth Individuals
- Corporate Investors
Serious buyers only for:
- Property inspection and business review
- Title verification
- Financial performance assessment
- Outright purchase process
This turnkey property offers both immediate income and long-term value in one of Lagos' most prestigious neighborhoods.
| Property Ref: 3187111 | Added On: 05 Nov 2025 | Last Updated: 13 Nov 2025 |
| Market Status: Available | Type: Commercial Land | Total Area: 1,300 sqm |
| Covered Area: 1,300 sqm |
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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