There are 8,268 flats, houses, land and commercial properties for sale and rent in Victoria Island (VI) as of 11 Aug 2026, with an average price of ₦700M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Premium Grade A Office Space measuring between 200 to 300 square meters available within Victoria Island main Ideal location for companies seeking decent and secure work environment with state-of-the-art facilities. - Well-managed, purpose-built, eco-friendly Office facility - Exclusive jetty access - Canteen/Kitchenette - Elevators - Outdoor waterfront deck for formal and informal meetings - Beautiful aerial / water views - Automated parking area - 24/7 Security Surveillance - 24 hour uninterrupted power supply - Fast & reliable internet service Rent: $550 per square meter /per annum Service charge exclusive of power: $60 per sqm
Victoria Island (VI), Lagos
Theo Halim Associates (Estate Surveyors & Valuers)
Premium
13
₦28,000,000/yr
Flat / apartment for rent
Luxury 3 Bedroom Fully Furnished Flat with a Staff Room
Luxury 3 Bedroom Fully Furnished flat with a staff room in a well-maintained Apartment Block. Features: - Large size living room - All ensuite, fitted with split unit air conditioners - Fitted kitchen with appliances - Lifts - 24-hour power availability - 24/7 security, CCTV - Swimming pools Adult/Kids - Gym - Well drained, paved compound - Adequate parking Rate: Annual rent-N28m Common Area service charge-N5m Internet Charge- N750k Internal Maintenance- N1.5m DSTV Charge - N750k Agency fee 10% of total rent payable Legal fee 10% of total rent payable Refundable Caution deposit N2.8m Note Power/electricity is optional either on Pay as you consume basis or based on a lump sum deposit
Oniru, Victoria Island (VI), Lagos
3 beds
3 baths
4 toilets
2 Parking
Theo Halim Associates (Estate Surveyors & Valuers)
Premium
11
₦24,000,000/yr
Flat / apartment for rent
Furnished 4 Bedroom Upper Floor Flat
Vacant unit of 4-bedroom upper floor flat in a low-rise block of 1004 Estate, Victoria Island. Apartment features - fully furnished - Lagoon view Estate features include: - Round the clock security - Recreational facilities /swimming pool, lawn tennis and basketball courts - Pharmacy - Supermarket - Proximity to central business area of Victoria Island Contact - Direct Agent: Theo Halim Associates for viewing/additional information
1004 Estate, Victoria Island (VI), Lagos
4 beds
3 baths
4 toilets
Theo Halim Associates (Estate Surveyors & Valuers)
Premium
4
₦550,000,000/yr
Flat / apartment for rent
26 Flats with BQ for a Corporate Use in an Estate
Block of flats 26 flat has BQ. all rooms ensuite at Dideolu Estate, Victoria Island, Lagos. Corporate tenant required. Swimming pool Gym house 450 & 250kva generator Smoke & fire alarm system in place * Lift available Price 550m negotiable
Dideolu Estate, Victoria Island (VI), Lagos
26 beds
26 baths
26 toilets
35 Parking
Ben Wealth Properties
Premium
3
₦26,550,000/yr
Office space for rent
Contemporary 177SQM Office Space
Grade A Office Space for Lease -- Oniru, Lagos Elevate your business with this premium 177sqm Grade A office space in the heart of Oniru. Designed for modern businesses, this office features a contemporary corporate finish, and cassette unit air-conditioning, providing a comfortable and professional work environment from day one. Perfect for corporate headquarters, tech firms, consulting companies, law firms, financial institutions, and other blue-chip businesses seeking a prestigious address. Property Highlights: Prime location - Oniru, Victoria Island, Lagos 177sqm Grade A office space ️ Cassette unit air-conditioning Prestigious corporate environment Easy accessibility with ample parking Secure and professionally managed building Financials: Rent: ₦150,000/sqm Service Charge: ₦30,000/sqm Legal Fee: 10% Agency Fee: 10% Caution Fee: 10%
Victoria Island (VI), Lagos
Yene Realties
ADVERTISEMENTResponsive
Premium
15
₦170,500per sq.m / p.a.
Office space for rent
240 SQM Prime Office Space on the 7th Floor
240 𝙎𝙌𝙈 𝙋𝙍𝙄𝙈𝙀 𝙊𝙁𝙁𝙄𝘾𝙀 𝙎𝙋𝘼𝘾𝙀 𝙁𝙊𝙍 𝙍𝙀𝙉𝙏 𝙊𝙉 𝙇𝙄𝙂𝘼𝙇𝙄 𝘼𝙔𝙊𝙍𝙄𝙉𝘿𝙀, 𝙑𝙄𝘾𝙏𝙊𝙍𝙄𝘼 𝙄𝙎𝙇𝘼𝙉𝘿 (𝙑.𝙄), 𝙇𝘼𝙂𝙊𝙎 - 7th Floor Office Space - Ready for Occupancy from November 1, 2026 - Power billed monthly based on consumption - 𝐴𝑛𝑛𝑢𝑎𝑙 𝑅𝑒𝑛𝑡: ₦170,500 per SQM (₦𝟒𝟎.𝟗𝟐 𝐌𝐢𝐥𝐥𝐢𝐨𝐧) - 𝑆𝑒𝑟𝑣𝑖𝑐𝑒 𝐶ℎ𝑎𝑟𝑔𝑒: ₦30,000 per SQM 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬: - Situated in a prime Grade a commercial corridor attracting multinational firms and top-tier local businesses - High visibility and accessibility with direct links to major routes and surrounding commercial districts including the Lekki-Epe corridor - Prime business hub hosting major corporate headquarters and high-value commercial offices - Convenient access to nearby lifestyle spots to unwind after work before heading home - Close proximity to landmarks and lifestyle hubs including Eko Hotel and Suites, Landmark Centre, and Landmark Beach Control your operational capital with real estate. --- Have a specific property goal? Speak with us to discuss your specific requirements. --- 𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐍𝐎𝐓𝐄: Only direct clients or principal mandates are welcome. Kindly note that inquiries from third parties will not be responded to. 𝑊𝑖𝑡ℎ 𝐹𝑂𝑅𝑇𝑀𝐼𝐶𝐻𝐴𝑁, 𝑦𝑜𝑢 𝑐𝑜𝑛𝑡𝑟𝑜𝑙 𝑦𝑜𝑢𝑟 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 𝑤𝑖𝑡ℎ 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒
Ligali Ayorinde, Victoria Island (VI), Lagos
240 sqm
Fortmichan Real Estate Services
Premium
1
₦5,000,000,000
Block of flats for sale
20 Units of Flat, 12 Units of 2 Bedroom and 8 Units of 1 Bedroom Apart
Okemor
Ayodele Street, Oniru, Victoria Island (VI), Lagos
Crown Property Global Consultant
Premium
12
₦50,000,000/yr
Flat / apartment for rent
Luxury Serviced Iconic 4 Bedrooms Penthouse with Pool, Gym & BQ
Luxury Serviced iconic 4Bedrooms Penthouse with Pool,Gym & BQ For Rent. * NO furniture included. Location: Iconic Towers, Victoria Island Off Muri Okunola VI Lagos. Rent: ₦50M Per annum *Service Charge: ₦4M Agency: 10% Legal: 10% Caution: 10% Facilities: The Iconic Towers, Victoria Island, Lagos Swimming Pool Fully Equipped Gym High-Speed Elevators 24/7 Power Supply Treated Water 24/7 Security & CCTV Surveillance Ample Parking Serene and Well-Maintained Environment Property Details: 4 Spacious En-suite Bedrooms 2 Large Living Rooms 1 Room Boys' Quarters (BQ) * Fully Fitted Kitchen
Victoria Island (VI), Lagos
4 beds
4 baths
5 toilets
3 Parking
Enerst Properties
Premium
23
₦3,500,000,000
Office space for sale
Well Built Office Building Sitting on a Land Measuring 1012SQMS
- Victoria island Description: A well-built and fully functional office building situated within a serene and easily accessible commercial enclave of Victoria Island. Note: The property is vacant and available for immediate possession. Location: Victoria Island, Lagos Price Listing: ₦3,500,000,000 Land Size: 1,012sqms Title Document: Certificate of Occupancy (C of O) Property Highlights: Well-Built Office Building Fully Functional Commercial Facility Serene Environment Excellent Accessibility Inspection: Strictly by 24 Hours Notice. For further enquiries and inspection bookings, kindly contact Aruofeg Enterprise: 08074577210 or 08057989376
Victoria Island (VI), Lagos
3 baths
6 toilets
1012 sqm
Aruofeg Enterprise
Premium
1
₦3,500,000,000
Mixed-use land for sale
Prime Land Measuring 1, 150SQMS with an Old Detached House
Prime Land Measuring 1,150sqms with an Old Detached House Available For Sale. Price Listing: 3.5 Billion Naira Land Size: 1 ,150Sqms Location: Victoria Island, Lagos. For Further Enquiries and Inspection Bookings, kindly Contact Aruofeg Enterprise: 08074577210 or 08057989376
Victoria Island (VI), Lagos
1150 sqm
Aruofeg Enterprise
ADVERTISEMENT750 × 120
Premium
2
₦450,000,000
Flat / apartment for sale
Offplan Residential Apartments
Vista Royale Residences : Tiamiyu Savage, Victoria Island 2 Bedrooms with BQ 3 Bedrooms with BQ Features - Spa , Salon, Sauna - Fitness suite - Rooftop Skyline Pool , Lounge & Bar - Concierge, Valet & Basement Parking - 24/7 security , EV Charging station Delivery Date: Q2 2028 Contact us Calls: +234 809 4990 098 WhatsApp: +234 902 2220 601, +234 80 3413 5274 AI Sales Agent: +1 (555) 712-3272
Tiamiyu Savage, Victoria Island (VI), Lagos
3 beds
4 baths
4 toilets
2 Parking
Ash Properties & Constructions LTD.
Premium
6
₦850,000,000
Flat / apartment for sale
3 Bedroom Ultra-Luxury Apartments
An exclusive new development positioned in one of the most desirable residential pockets of Victoria Island. This project comprises 1 block with 2 wings rising 9 floors, delivering a total of 14 premium residences, including expansive 3-bedroom apartments and ultra-spacious 4-bedroom maisonette penthouses. Designed for low-density luxury living, each unit offers generous floor areas, privacy, and premium positioning within a secure, modern development. Unit Mix & Sizes: 3 Bedroom Apartments + BQ --- 306 sqm 4 Bedroom Penthouse Maisonette Development Highlights: Low-density (14 units total) 2-wing architectural layout Premium residential location Ideal for both end-users and long-term investors Project Timeline: Start Date: January 2026 Delivery Date: December 2028 Location: Medical Guild Close, Off Olabode George, Victoria Island, Lagos Pricing: 3 Bedroom + BQ --- From ₦850,000,000 Contact us +2348094990098 (Calls Only) +2349022220601(Sales WhatsApp Only) +2348034135274 (Lease WhatsApp Only)
Off Olabode George, Victoria Island (VI), Lagos
3 beds
4 baths
5 toilets
Ash Properties & Constructions LTD.
Premium
4
₦560,000,000
Flat / apartment for sale
2 Bedroom Apartment
2 bedroom apartment Victoria island in lagos.
Victoria Island (VI), Lagos
2 beds
3 baths
3 toilets
7 Parking
DS Royal LTD
Premium
14
₦170,500per sq.m / p.a.
Office space for rent
240 SQM Prime Office Space on the 6th Floor
240 𝙎𝙌𝙈 𝙋𝙍𝙄𝙈𝙀 𝙊𝙁𝙁𝙄𝘾𝙀 𝙎𝙋𝘼𝘾𝙀 𝙁𝙊𝙍 𝙍𝙀𝙉𝙏 𝙊𝙉 𝙇𝙄𝙂𝘼𝙇𝙄 𝘼𝙔𝙊𝙍𝙄𝙉𝘿𝙀, 𝙑𝙄𝘾𝙏𝙊𝙍𝙄𝘼 𝙄𝙎𝙇𝘼𝙉𝘿 (𝙑.𝙄), 𝙇𝘼𝙂𝙊𝙎 - 6th Floor Office Space - Power billed monthly based on consumption - 𝐴𝑛𝑛𝑢𝑎𝑙 𝑅𝑒𝑛𝑡: ₦170,500 per SQM (₦𝟒𝟎.𝟗𝟐 𝐌𝐢𝐥𝐥𝐢𝐨𝐧) - 𝑆𝑒𝑟𝑣𝑖𝑐𝑒 𝐶ℎ𝑎𝑟𝑔𝑒: ₦30,000 per SQM 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬: - Situated in a prime Grade a commercial corridor attracting multinational firms and top-tier local businesses - High visibility and accessibility with direct links to major routes and surrounding commercial districts including the Lekki-Epe corridor - Prime business hub hosting major corporate headquarters and high-value commercial offices - Convenient access to nearby lifestyle spots to unwind after work before heading home - Close proximity to landmarks and lifestyle hubs including Eko Hotel and Suites, Landmark Centre, and Landmark Beach Control your operational capital with real estate. --- Have a specific property goal? Speak with us to discuss your specific requirements. --- 𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐍𝐎𝐓𝐄: Only direct clients or principal mandates are welcome. Kindly note that inquiries from third parties will not be responded to. 𝑊𝑖𝑡ℎ 𝐹𝑂𝑅𝑇𝑀𝐼𝐶𝐻𝐴𝑁, 𝑦𝑜𝑢 𝑐𝑜𝑛𝑡𝑟𝑜𝑙 𝑦𝑜𝑢𝑟 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 𝑤𝑖𝑡ℎ 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒
Ligali Ayorinde, Victoria Island (VI), Lagos
240 sqm
Fortmichan Real Estate Services
Premium
1
₦1,600,000,000
Detached duplex for sale
5 Bed Detached Duplex on 600SQM
5 bedrooms detached duplex Land size : 600SQM - Contemporary Modern Architecture - Detailed Tasteful Finishing - Modern Luxury Appurtenances - Pop Ceiling - Ample Car Park - Mind Blowing Lightings - Beautiful Walk-in Closet - Stamp Concrete Floor - Spacious Living Areas - Dining Area - Luxury Sanitary Wares - Family Lounge - Balcony - Fully Fitted Kitchen - Fantastic Neighbourhood Location: Victoria Price: ₦1.6Billion Title: C of O
Victoria Island (VI), Lagos
5 beds
Goal Realty Nigeria Limited
Premium
16
₦13,000,000/yr
Flat / apartment for rent
Luxury 2 Bedroom Flat
- Luxury 2 Bedroom Flat with BQ in Oniru, Victoria Island, Lagos Experience comfortable living in this lovely and well-finished 2-bedroom apartment with a Boys' Quarters (BQ), located in the prestigious Oniru area of Lagos. Situated within a secure and flood-free estate, the property offers excellent road access, a serene environment, and easy connectivity to Victoria Island, Lekki, and major business districts. Features Spacious living room 2 well-sized bedrooms Boys' Quarters (BQ) Secure estate Flood-free environment Good road network Easy access to major routes Serene and well-maintained neighborhood Rent Details Annual Rent: ₦13,000,000 (Net) Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% * Service Charge: 2.5m Diesel deposit 1m Contact Clinton for inspection and further enquiries.
Oniru, Victoria Island (VI), Lagos
2 beds
3 baths
3 toilets
Life Own Property Limited
Premium
1
₦3,000,000,000per plot
Mixed-use land for sale
Prime Mixed Use Land
Samuel Manuwa Street, Victoria Island. 1,470 SQM. ₦3,000,000,000. Certificate of Occupancy. Demolishable Structure Already On Site. This Street Already Has the Comparable Sale. This Is the Better-Priced Twin. The problem There is a category of Victoria Island land that trades quietly and repeatedly on the same street, at nearly identical sizes, without most buyers ever comparing the two side by side. Samuel Manuwa Street is exactly that kind of corridor --- established, residential-and-mixed-use, off Ozumba Mbadiwe, and currently home to more than one 1,470sqm parcel changing hands within months of each other. A serious buyer evaluating land here isn't forming a first impression. They're choosing between two or three nearly identical options, and the difference between them usually comes down to one thing: is the land actually available to build on now, or is someone else's tenancy standing in the way. This listing is 1,470sqm, Samuel Manuwa Street, a demolishable structure already on site, C of O, ₦3,000,000,000. the agitation Here is exactly what else is trading on this same street right now. A separate 1,470sqm parcel on Samuel Manuwa Street, also carrying a demolishable structure --- a 3-bedroom duplex, a 3-bedroom flat, a 2-bedroom flat, a 1-bedroom flat, and boys' quarters --- is listed at ₦2,900,000,000. But that parcel is tenanted until August 2026, meaning a buyer isn't getting immediate access to clear and rebuild; they're inheriting a tenancy first. A separate 1,470sqm built-out parcel at Plot 883 on the same street, with an existing wing of duplex and flats, is priced at ₦2,700,000/sqm --- roughly ₦3,969,000,000 --- reflecting the value of a more developed existing structure. On the nearby Bishop Oluwole corridor, a 2,049sqm C of O parcel is trading at approximately ₦2,196,000/sqm. This listing --- 1,470sqm at ₦3,000,000,000, or roughly ₦2,041,000/sqm --- is priced above the tenanted comparable's per-sqm rate, reflecting a demolishable structure without the tenancy encumbrance holding up construction until 2026. It's priced below both the built-out Plot 883 comparable and the Bishop Oluwole benchmark. For a buyer trying to move on a development timeline sooner rather than later, that combination --- no tenant to wait out, priced below the corridor's upper tier --- is the actual advantage here, not just the headline total. The solution 1,470 square metres of land, Samuel Manuwa Street, Victoria Island. Certificate of Occupancy. A demolishable structure currently on site. ₦3,000,000,000 total. Here is what this parcel delivers: Samuel Manuwa Street, off Ozumba Mbadiwe. An established VI residential-and-mixed-use corridor with multiple recent comparable trades, giving a buyer real, current pricing reference points rather than a single seller's asking price to take on faith. Demolishable structure, no tenancy attached. Unlike the nearest comparable on the same street --- tenanted until August 2026 --- this parcel isn't holding a buyer's construction timeline hostage to someone else's lease. Clear the structure, and build. Certificate of Occupancy. A recognized title instrument, ready for solicitor review. 1,470sqm. A footprint consistent with what's already trading and being redeveloped on this exact street --- proven scale for a residential or mixed-use project. ₦3,000,000,000 --- priced against real, current comparables on the same street. Above the tenanted parcel's per-sqm rate (which reflects its tenancy discount), below the built-out Plot 883 comparable, and below the nearby Bishop Oluwole benchmark. Why this beats the alternatives on the table. The tenanted twin listing on the same street costs slightly less in total, but a buyer there is purchasing a 2026 start date, not a 2026 asset. The built-out Plot 883 comparable costs meaningfully more for existing structures a redevelopment buyer intends to demolish anyway. This is the parcel priced for someone who wants to start now, not later. The call to action 1,470sqm. Samuel Manuwa Street, Victoria Island. ₦3,000,000,000. C of O. Demolishable structure on site. The buyer for this parcel is a developer or investor already comparing it against the tenanted twin listing two doors down --- and choosing the one they can actually start building on immediately. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious inquiries only. The comparable sale on this street is already tenanted until next year. This one isn't waiting on anyone's lease to expire. The only thing left undecided is whose name goes on the C of O. Land Type: Mixed-use Land (with demolishable existing structure) Size: 1,470 sqm Price: ₦3,000,000,000 total (≈₦2,041,000/sqm) Title: Certificate of Occupancy Location: Samuel Manuwa Street, Victoria Island (VI), Lagos NPC Comparable Context: 1,470sqm, Samuel Manuwa St, demolishable structure, tenanted until Aug 2026 --- ₦2,900,000,000 (≈₦1,973,000/sqm) 1,470sqm, Plot 883 Samuel Manuwa St, built-out wing of duplex + flats --- ₦2,700,000/sqm (≈₦3,969,000,000) 2,049sqm, Bishop Oluwole St (nearby corridor), C of O --- ₦4,500,000,000 (≈₦2,196,000/sqm) This listing: 1,470sqm, Samuel Manuwa St --- ₦3,000,000,000 (≈₦2,041,000/sqm) Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-060-3
Samuel Manuwa Street, Victoria Island (VI), Lagos
1470 sqm
Smilebay Realties Limited
Premium
1
₦3,500,000,000per plot
Mixed-use land for sale
Prime Mixed Use Land
Off Saka Tinubu Street, Victoria Island. 1,012 SQM. A Fully Built, Fully Functional Office Building. ₦3,500,000,000. Certificate of Occupancy. Vacant Possession --- Available Immediately. No Tenant to Wait Out. No Building to Construct. Just Move Your Company In. The problem There is a category of Victoria Island commercial property that almost never comes clean --- a building already constructed, already functional, with no sitting tenant's lease to inherit or negotiate around before you can use it yourself. Most "commercial property for sale" listings on this corridor come with strings attached: a tenant with years left on their lease, income you inherit but occupancy you don't get, or a structure that needs renovation before it's usable. A company looking to relocate its headquarters, or an investor looking for a genuinely turnkey asset, has to search past all of that. This listing is the exception. 1,012sqm off Saka Tinubu Street, a well-built and fully functional office building, C of O, vacant and available for immediate possession. The agitation Here's what's actually trading on and around Saka Tinubu Street right now, and why "vacant possession" is worth more than it sounds. A 1,700sqm parcel on Saka Tinubu Street, also with an existing building and C of O, is listed at ₦2,500,000,000 --- but comes with a tenant already in place and 3.5 years left on their lease. The buyer inherits rental income, but not the building itself, until that lease runs out or is renegotiated. A 1,500sqm commercial property on the same street, currently occupied by a bank, is listed at ₦2,700,000,000 --- same story, income now, occupancy later. This listing --- 1,012sqm, ₦3,500,000,000, working out to roughly ₦3,458,000/sqm --- is priced meaningfully higher per sqm than either of those tenanted comparables. That premium isn't a markup. It's the value of immediate occupancy. A company that needs to move its headquarters in this quarter, not in three and a half years, isn't comparing this listing to the tenanted ones on price alone --- they're comparing the entire timeline to occupancy, and this is the only option on the street where that timeline is zero. The solution 1,012 square metres, off Saka Tinubu Street, Victoria Island. A well-built, fully functional office building. Certificate of Occupancy. Vacant possession, available immediately. ₦3,500,000,000. Here is what this specific asset delivers: Vacant possession, immediately. No tenant to wait out, no lease renegotiation, no interim rental income to manage while you wait for the building to become usable. From the day this deal closes, the building is yours to occupy or lease on your own terms. A fully functional commercial facility, not a shell. This isn't land requiring construction or a structure requiring renovation before use. It's ready. Off Saka Tinubu Street --- a serene, easily accessible commercial enclave. Saka Tinubu is an established VI commercial street, adjacent to the same corridor carrying major office towers and financial institutions, while positioned in what this specific listing describes as a quieter, more accessible pocket off the main road. Certificate of Occupancy. A recognized title instrument, ready for solicitor review. Why this beats the alternatives on the table. The tenanted comparables on the same street cost less per sqm, but a buyer there isn't actually getting a building to use --- they're getting a rental income stream and a multi-year wait. For any company or investor whose actual objective is occupancy --- a headquarters, a leasable asset they can market immediately --- this is the only genuinely available option on the street today. The call to action 1,012sqm. Off Saka Tinubu Street, Victoria Island. ₦3,500,000,000. Fully functional office building. C of O. Vacant possession, immediate. The buyer for this asset is a company or investor who needs occupancy now, not a rental income stream with a multi-year wait attached to it. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Inspection strictly by 24 hours' notice. Serious inquiries only. The building is already standing. The tenant clause that ties up every other listing on this street isn't attached to this one. The only thing left is the date you want to move in. Property Type: Commercial Office Building (Vacant Possession) Size: 1,012 sqm Price: ₦3,500,000,000 total (≈₦3,458,000/sqm) Title: Certificate of Occupancy Status: Vacant, available for immediate possession Location: Off Saka Tinubu Street, Victoria Island (VI), Lagos Inspection: Strictly by 24 hours' notice NPC Comparable Context (Saka Tinubu Street): 1,700sqm, Saka Tinubu St, existing building, tenant in place (3.5 yrs remaining), C of O --- ₦2,500,000,000 (≈₦1,471,000/sqm) 1,500sqm, Saka Tinubu St, bank-occupied commercial property, C of O --- ₦2,700,000,000 (≈₦1,800,000/sqm) This listing: 1,012sqm, off Saka Tinubu St, vacant possession --- ₦3,500,000,000 (≈₦3,458,000/sqm) Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-059-6
Off Saka Tinubu, Victoria Island (VI), Lagos
1012 sqm
Smilebay Realties Limited
Premium
1
₦3,400,000,000per plot
Mixed-use land for sale
Prime Mixed Use Land
There is a category of Victoria Island land that almost never makes it to a clean listing --- a parcel on a genuinely prime street, with a title clean enough to act on immediately, and an existing structure already positioned for demolition rather than requiring the buyer to negotiate a tenant or occupant off the land first. Ajose Adeogun Street is not a developing corridor. It's an established one --- the same street as Zenith Bank's headquarters, inside VI's core commercial and residential belt. Land here doesn't sit unsold for long, and when it does trade, the pricing tells a very specific story about title strength, structure status, and exact position on the street. This listing is 1,150sqm, off Ajose Adeogun, behind Zenith Bank HQ. C of O with over 60 years remaining. A demolishable structure already on the land --- meaning a buyer isn't negotiating a tenant out or waiting on a vacant possession date. It's ready to clear and build. The agitation Here is what's actually trading on this exact street right now. A near-identical parcel --- 1,150sqm, also off Ajose Adeogun, also behind Zenith Bank HQ, also with an old detached structure on it and a C of O --- is listed at ₦3,500,000,000, or roughly ₦3,043,000/sqm. A 1,125sqm parcel on the same corridor, C of O, positioned for office, hotel, or restaurant conversion, is priced at ₦3,100,000,000 net --- approximately ₦2,756,000/sqm. Bare land without any structure on the same street --- 1,018sqm, C of O --- trades lower, around ₦1,850,000,000, or ₦1,817,000/sqm, reflecting the absence of an existing structure to demolish and clear. This listing --- 1,150sqm, ₦3,400,000,000, working out to approximately ₦2,957,000/sqm --- sits just below the near-identical comparable on the same street, and above the bare-land and conversion-tier comparables. That positioning makes sense: this parcel carries the same structure-and-title profile as its closest twin listing, at a marginally more competitive price per sqm. The takeaway for a serious buyer: there are effectively two nearly identical parcels on this exact stretch of Ajose Adeogun right now, priced within 3% of each other on a per-sqm basis. Whichever closes first sets where the next one trades. The solution 1,150 square metres of land, off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island. Certificate of Occupancy, over 60 years remaining. A demolishable structure currently on site. ₦3,400,000,000 total. Here is what this parcel delivers: Off Ajose Adeogun, behind Zenith Bank HQ. A specific, verifiable address inside one of VI's most established corridors --- not a generic "VI" listing without a named street. Being on the same stretch as a major bank headquarters signals the commercial credibility of this exact block. Certificate of Occupancy, over 60 years remaining. A long-dated, recognized title instrument, ready for solicitor review without the complication of a soon-to-expire lease term or an ambiguous title horizon. Demolishable structure already on site. This is a meaningful practical advantage over pure bare land --- there's no need to negotiate a sitting tenant or wait on a vacant possession date. The path from purchase to ground-breaking is shorter. 1,150sqm. A footprint sized for a serious residential or mixed-use redevelopment on a corner or mid-block position within VI's core, consistent with what's already trading on the same street. ₦3,400,000,000 --- priced against real, current comparables on the same block. Below the ₦3,500,000,000 near-identical twin listing on the same street, and above the bare-land and conversion-tier comparables --- the correct position for a parcel with both structure and long-dated title. Why this beats the alternative on the table. The near-identical 1,150sqm parcel listed at ₦3,500,000,000 on the same street offers no meaningful advantage over this one --- same size, same structure status, same corridor --- at a higher price. Bare land on the same street costs less, but requires the buyer to absorb clearance costs this listing already accounts for through its priced-in demolishable structure. The call to action 1,150sqm. Off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island. ₦3,400,000,000. C of O, over 60 years. Demolishable structure on site. The buyer for this parcel is a developer or investor already comparing it, sqm for sqm, against the near-identical listing two doors down --- and this is the better-priced of the two. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious inquiries only. The street already has Zenith Bank's name on it. The structure is already demolishable, not occupied. The only thing left undecided is whose name goes on the C of O next. Land Type: Mixed-use Land (with demolishable existing structure) Size: 1,150 sqm Price: ₦3,400,000,000 total (≈₦2,957,000/sqm) Title: Certificate of Occupancy --- over 60 years remaining Location: Off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island (VI), Lagos NPC Comparable Context: 1,150sqm, off Ajose Adeogun, demolishable structure, C of O --- ₦3,500,000,000 (≈₦3,043,000/sqm) 1,125sqm, Ajose Adeogun corridor, C of O, office/hotel-convertible --- ₦3,100,000,000 net (≈₦2,756,000/sqm) 1,018sqm bare land, Ajose Adeogun, C of O --- ₦1,850,000,000 (≈₦1,817,000/sqm) This listing: 1,150sqm, off Ajose Adeogun --- ₦3,400,000,000 total (≈₦2,957,000/sqm)
Ajose Adeogun, Victoria Island (VI), Lagos
1150 sqm
Smilebay Realties Limited
Premium
1
₦91,000,000/yr
Flat / apartment for rent
4-Bedroom Penthouse and Maisonette Each
For Rent Off Adeola Odeku Street, V.I Luxury 4-bedroom Maisonette and 4-bedroom Penthouse, each with 2 Boys' Quarters. Amenities: Pool, lift, garden, gym, squash and lawn tennis court, etc. Gross Rent: N91m p.a each Service Charge Deposit: N6,800,000 Power Deposit: N12,600,000
Off Adeola Odeku, Victoria Island (VI), Lagos
4 beds
4 baths
5 toilets
3 Parking
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About Victoria Island (VI), Lagos
Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.
Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.
The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.
The average price of flats, houses, land and commercial property in Victoria Island (VI), Lagos is ₦700,000,000.
The price of the most expensive flats, houses, land and commercial property in Victoria Island (VI), Lagos is ₦20,000,000,000.
The price of the cheapest flats, houses, land and commercial property in Victoria Island (VI), Lagos is ₦600,000.
There are 8,268 available flats, houses, land and commercial property in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.
