Flat / apartment for rent
Flat / apartment for rent
Serviced 2-Bedroom Apartment
About this property
Netflix in the Living Room. Prime Video in the Bedroom.
Pool. Gym. Elevator. 24/7 Power.
Managed Like a Hotel. Priced Like a Home.
THE PROBLEM
The VI rental market has a well-documented pattern that every serious professional in this corridor eventually learns.
The buildings that work --- the ones with actual 24/7 power, actual professional security, actual building maintenance that does not require you to chase a facility manager for six weeks --- cost significantly more than the buildings that describe themselves with the same language but deliver something considerably different.
You have rented the second type before. Maybe more than once. The apartment that was "serviced" on the listing and required personal negotiation on every operational friction once you moved in. The building whose "24/7 security" was one gate man on a rotating schedule. The "fully fitted kitchen" that needed two missing appliances before you could actually use it.
You have developed the specific scepticism that the Lagos rental market produces in every professional who has been through that cycle enough times.
This listing exists for the person who is done with the cycle.
₦17M per annum. Water Corporation Drive, Victoria Island. Managed at hospitality standard. Every feature confirmed and operational.
THE AGITATION
Here is the specific cost the VI professional absorbs every month they stay in the wrong building.
Not in money --- though the rent you are currently paying for a building that delivers below what it promised is its own kind of loss. The cost is in the daily micro-frictions that accumulate into a chronic low-grade drain.
The morning the power goes at 5:45 AM and you are in the shower. The evening you arrive at 9 PM, depleted from a full day on the island, and discover the building's generator has been on for six hours and the fuel ran out at 7. The Saturday you intended to use the pool and found it had not been serviced in three weeks.
None of these are crises. All of them are the aggregate of living in a building that was not built and managed to the standard it described itself at.
Meanwhile, the rent has gone up. It always does. Your landlord's annual letter arrived. The number moved. You absorbed it because moving is expensive, because your school run is mapped, because rebuilding your routines in a new building costs time and energy you do not have.
A building managed at hospitality standard --- where the operational infrastructure is maintained professionally, where the streaming services are part of the package, where the pool is ready on Saturday because the building's management team ensures it is --- does not produce those frictions.
It produces a different kind of experience entirely.
THE SOLUTION
This fully serviced 2-bedroom apartment on Water Corporation Drive, Victoria Island, is managed at a standard that most Lagos rental listings claim and very few deliver.
The distinction is visible in the detail. Netflix and Prime Video are included. Smart TV in all rooms. Full-length mirrors as a deliberate interior design choice. Excellent hospitality as a stated service commitment. These are not features that appear in standard landlord-managed buildings. They are features that appear when the building's management team has been instructed to deliver a guest-house standard of care to long-term residents. That is the experience being offered here --- at ₦17M per annum on Victoria Island.
Here is what the building delivers:
Water Corporation Drive, Victoria Island --- the quieter edge of the island. Water Corporation Drive runs along the waterfront edge of VI, away from the arterial roads and commercial traffic of Adeola Odeku, Ozumba Mbadiwe, and Ahmadu Bello Way. You are on Victoria Island --- with everything that means for your commute to your office, your clients, and the commercial core of the island. And you are on a road that gives you the residential quiet of the VI waterfront edge rather than the traffic noise of the island's main corridors. The address is correct. The specific location within the address is also correct.
Netflix and Prime Video --- included in the apartment. Not a subscription you maintain separately. Part of what the apartment delivers. The streaming infrastructure is in place. You arrive, you connect, and the entertainment is there. In combination with the smart TV in all rooms --- living room and bedrooms --- this means the apartment's media infrastructure is at the standard of a high-quality serviced residence. After a day running the island, the apartment receives you rather than requiring you to set it up.
Smart TV in all rooms. Every room. Not a common area screen. Each bedroom has its own. The living space has its own. The household does not negotiate screen access or share a single viewing point. Each occupant has their own space with their own screen.
Full-length mirrors --- a deliberate interior design feature. This detail signals more than its functional value. A developer or manager who specifies full-length mirrors as a feature of the apartment is making an interior design decision. That decision tells you that the apartment was fitted to a standard, not just to a specification. The space was thought about. The result is an interior that works visually in a way that standard apartment interiors do not.
24/7 electricity --- confirmed, not aspirational. Backed by a standby generator, a prepaid meter, and the building's managed power infrastructure. You do not manage the power. You use it. It is on when you arrive at 9:30 PM from a delayed client dinner. It is on when your alarm goes off at 5:30 AM. It is on when you are away for three days in Abuja and your household is in the apartment. The power infrastructure is managed by the building. It is not your responsibility.
Swimming pool and gym --- both in the building. The pool for the Sunday morning that starts before the city wakes up. The gym for the morning session before the 7 AM call or the decompression after the day closes. Both available without leaving the building, without booking, without the logistics of going elsewhere.
Elevator access. The building handles vertical movement. You do not carry anything up stairs. Groceries, luggage, your laptop bag after a long day --- the elevator manages it.
24/7 security --- layered, professional, confirmed. Security gate. Perimeter fencing. Electric fence. Burglar proof. CCTV throughout. Intercom. Gateman. Fire safety. Each security layer is independently operational. The building's security does not depend on any single point. When you travel, your household is inside a genuinely secured perimeter.
All rooms en-suite. Fully fitted kitchen. Air conditioning. Water heater. POP ceilings. Built-in wardrobes. High-speed internet. The apartment is complete. Nothing requires sourcing, installing, or commissioning after you move in. You bring your belongings. The apartment functions from day one.
The full financial picture --- disclosed completely:
Annual Rent: ₦17,000,000
Legal Fee (10%): ₦1,700,000
Agency Fee (10%): ₦1,700,000
Caution Deposit (5%): ₦850,000
Service Charge: ₦2,000,000
Total Year-One Commitment: ₦23,250,000
₦23.25M is the number to have liquid or confirmed before this conversation begins. Every item in that total is disclosed upfront. There are no surprises at viewing. The financial picture is complete before the first call.
Water Corporation Drive, Victoria Island is on the waterfront edge of the island. The VI waterfront corridor is elevated and well-drained --- above the risk zones that affect lower-lying parts of Lagos Island.
Smilebay Realties does not list properties in flood-prone areas. This apartment on Water Corporation Drive, VI, was assessed against that standard before listing. It passed.
THE CALL TO ACTION
This is a short conversation for a specific kind of person.
You work on or near Victoria Island. You are done with the building that described itself one way and delivered another. You want the address, the pool, the gym, the elevator, the 24/7 power, the Netflix, the Smart TV in every room, and the hospitality-standard management --- for ₦17M per annum, with total year-one commitment of ₦23.25M.
If that describes your position, one call ends the search.
Call or WhatsApp Smilebay Realties: +234 901 517 4801
Victoria Island at ₦17M.
Managed like a hotel.
Ready today.
2 Bedrooms --- 2 Bathrooms --- 3 Toilets --- All Rooms En-Suite
Fully Serviced --- Modern Interior Design --- Hospitality Standard Management
Included: Netflix --- Prime Video --- Smart TV in All Rooms --- Full-Length Mirrors
Kitchen: Fully Fitted
Power: 24/7 Electricity --- Standby Generator --- Prepaid Meter
Water: Borehole --- Treated Water --- Water Heater
Internet: High-Speed WiFi
Interior: Air Conditioning --- POP Ceilings --- Built-In Wardrobes --- Tiled Floors --- Guest Toilet
Building Amenities: Swimming Pool --- Gym --- Elevator --- Ample Parking --- Balcony --- Outdoor Lighting
Security: Security Gate --- Perimeter Fencing --- Electric Fence --- Burglar Proof --- CCTV --- Intercom --- Gateman --- Fire Safety
Location: Water Corporation Drive, Victoria Island (VI), Lagos
Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment
Annual Rent: ₦17,000,000
Legal Fee (10%): ₦1,700,000
Agency Fee (10%): ₦1,700,000
Caution Deposit (5%): ₦850,000
Service Charge: ₦2,000,000
Total Year-One Commitment: ₦23,250,000
Listed by Smilebay Realties Limited --- Ref: 3544108
Features and amenities
Interior & Finishing
Fitted kitchen Air conditioning POP ceiling Built-in wardrobes En-suite bedrooms Tiled floors Water heater Guest toiletPower & Utilities
24/7 power supply Prepaid meter Standby generator Borehole Treated water High-speed internet / WiFiSecurity & Safety
Security gate Perimeter fencing Electric fence Burglar proof CCTV surveillance Security / gateman Intercom Fire safetyOutdoor & Communal
Swimming pool Car park Balcony Outdoor lighting Elevator GymProperty details
Area guide — Victoria Island (VI)
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-fille...
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, cosm...
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...
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 Is...
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 on...
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...
Read the full area guide for Victoria Island (VI), Lagos
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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 Smilebay Realties Limited. 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.
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