For Rent: 1566sqm Prime Commercial Compound On Offer, Victoria Island (VI), Lagos (Ref: 3139423)

1566sqm Prime Commercial Compound On Offer

Interested in this property?

Call 0902 XXXX Show Phone

Property Description

To Lease ---
Prime Commercial Compound, Victoria Island
1,566 sqm
₦150,000,000 p.a.
(3‑Year Upfront)

Overview: Exceptional commercial lease opportunity on a major Victoria Island street: a substantial 1,566 sqm compound comprising a solid 5‑bedroom detached main house, a separate 2‑bedroom detached house and a 2‑room boys' quarter. The site offers generous backyard parking and flexible internal layouts, making it ideal for a corporate HQ, banking hall, showroom, high‑end office, restaurant or hospitality conversion.

Property at a glance

- Location: Major commercial street, Victoria Island, Lagos --- high visibility & strong footfall
- Land size: 1,566 sqm (single compound)
- Buildings: Main 5‑bedroom detached house + 2‑bedroom detached house + 2‑room BQ
- Rent: ₦150,000,000 per annum (asking)
- Lease term: 3 years --- rent payable upfront (terms negotiable for qualified tenants)
- Availability: Immediate (viewings by appointment)

Key features & assets

- Substantial private compound with ample parking for staff, clients and visitors
- Separate accommodation blocks offering flexible use (reception, offices, meeting rooms, staff housing)
- Good internal circulation and service areas suitable for conversion to commercial layouts
- Excellent frontage and access on a principal Victoria Island artery --- strong branding potential
- Suitable for immediate occupation with modest fit‑out

Ideal uses

- Corporate headquarters / regional office
- Banking hall / financial services branch
- High‑end showroom or branded retail experience centre
- Executive restaurant or private club (subject to planning/health approvals)
- Serviced apartments / short‑stay executive accommodation or boutique hospitality (subject to consent)

Lease & commercial terms (indicative)

- Asking rent: ₦150,000,000 per annum --- quoted as an upfront 3‑year payment (negotiable for qualified corporates)
- Security deposit, agency and legal fees to be agreed in the lease --- standard corporate lease terms apply
- Tenant responsible for internal fit‑out, utilities and agreed maintenance; landlord to confirm structural responsibilities in lease

Practical notes & due diligence

- Preferred tenant: corporate or institutional occupier with proven financial capacity and professional references
- Tenant due diligence: title and site documents available to pre‑qualified applicants; solicitor review recommended prior to commitment
- Planning & licences: tenants must secure any industry‑specific licences/consents (F&B, banking, short‑stay) where required

Viewings & next steps

- Viewings strictly by appointment for pre‑qualified corporate clients. Proof of funds and company profile will be requested prior to full document release and inspection.
- To express interest: submit a brief tenant profile and confirmation of funds/board approval to arrange immediate viewing and receive the full lease brief.

Contact[Listing Agent / Company]Phone: [Insert phone number]Email: [Insert email address]

All information provided in this listing is indicative and offered in good faith. Prospective tenants should undertake their own legal, technical and commercial due diligence. Availability and terms are subject to prior reservation and negotiation.

Ref: Daka


Property Details

Property Ref: 3139423Last Updated: 09 Oct 2025Market Status: Available
Type: Commercial PropertyBedrooms: 9Bathrooms: 9
Toilets: 9Total Area: 1,566 sqm   

Interesting Facts

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.

Leisure and Shopping

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.

Popular Estates

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.

Day Life

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.  

Night Life

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.

Schools

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.

Interested in this property?

Call 0902 XXXX Show Phone
Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by The Build Centre Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.