Commercial Property for Sale in Victoria Island (VI), Lagos

For sale --- standalone 54‑room hotel (non‑operating) --- off adeola odeku street, victoria island size: 3,500 sqm title:c of o price: ₦7,500,000,000 headline rare island opportunity: fully built, architecturally attractive 54‑room hotel on a substantial 3,500 sqm plot in the heart of victoria island. ideal for hotel operators, investor‑developers or corporate owners seeking a prime trophy asset with immediate repositioning potential. overview an impressive, purpose‑built hotel property --- finished inside and out to high standards --- is offered for sale on a clear certificate of occupancy (c of o). although currently non‑operational, the asset presents a compelling, strategic acquisition for buyers able to recommission, rebrand and relaunch hotel operations quickly, or to convert into serviced residences, corporate housing or a mixed‑use development. located off adeola odeku street, the site benefits from prime victoria island frontage, excellent corporate demand and proximity to finance, entertainment and retail nodes. key facts - location: off adeola odeku street, victoria island, lagos - land area: 3,500 sqm (single consolidated plot) - building: purpose‑built hotel property --- 54 rooms (detailed room mix available on request) - title: certificate of occupancy (c of o) --- certified documents available to qualified buyers - asking price: ₦7,500,000,000 (seven billion, five hundred million naira) - status: non‑functioning (sale of complete property and all fixed assets as agreed) asset highlights - prime victoria island address with exceptional access to corporate offices, embassies, banking and leisure districts --- strong catchment for business and upscale leisure travel. - significant landholding (3,500 sqm) provides flexibility for additions, expanded amenities or partial redevelopment if required. - quality build and finishes: the property is described as "very beautiful inside and outside" --- high aesthetic and construction standard that reduces immediate capex on basic cosmetic works. - 54 rooms provide a meaningful operating scale suitable for full‑service boutique or upscale branded operation once re‑commissioned. - clear c of o supports financing, secure transfer and institutional acquisition. immediate commercial opportunities - re‑open as a branded or independent hotel targeting corporate and leisure segments --- quick revenue recovery expected in victoria island's premium market. - convert to serviced apartments / long‑stay corporate accommodation or boutique residences to capture demand from expatriates and premium corporate tenants. - redevelop or reposition as mixed‑use (retail/ f&b at ground level with hospitality/residential above) subject to planning consents. - institutional use: corporate housing, training academy, medical hospitality or embassy/consulate facility (subject to approvals). investment & value drivers - island micro‑market: victoria island demonstrates consistent high demand for quality hospitality and short‑stay accommodation --- pricing power for well‑positioned assets. - scale: 54 rooms provide immediate earning capacity and economies of operation for a single operator. - land value: 3,500 sqm on the island is a strategic holding with long‑term capital appreciation potential. - time‑to‑market advantage: acquiring an existing built asset shortens the path to trading vs greenfield development. expected capex considerations (indicative) - re‑commissioning costs for a non‑operating hotel typically include ff&e replacement, mep recommissioning, vendor contracts, pre‑opening marketing and staff recruitment. a buyer's technical survey and operator review will define exact budgets. - conversion or redevelopment costs depend on chosen strategy; lenders and investors generally require a certified cost‑to‑complete and business plan. what serious buyers will receive on request - certified c of o and supporting title pack (subject to pre‑qualification) - high‑level as‑built plans and site layout (available to qualified parties) - photographs and internal walkthrough materials (video tour available on request) - preliminary revenue and operations history if available, plus list of fixed assets and ff&e inventory (subject to nda) recommended due‑diligence checklist legal & title - verify c of o, chain of ownership and any encumbrances with solicitors. - check planning permissions, building approvals and any outstanding compliance conditions. technical & operational - full technical survey (structural, mep, roofing and services). - ff&e inventory and condition report --- assess replacement needs. - fire safety and life‑safety compliance checks, sanitary and water systems, and generator capacity. commercial & financial - review historic trading (if any), previous occupancy and adrs, and local market comps. - draft business plan for re‑opening / conversion and third‑party operator proposals. - obtain independent cost‑to‑complete and refurbishment budgets. regulatory & compliance - confirm rates, levies and any outstanding statutory payments. - review utility connections (power, water, drainage) and any estate/road access agreements. sale process & next steps 1. submit a formal expression of interest (eoi) with company profile and proof of funds. 2. qualified buyers will be asked to sign an nda before receiving detailed data room access (title documents, plans and asset inventory). 3. site inspections and technical assessments arranged for shortlisted parties. 4. heads of terms negotiated, followed by legal conveyancing and completion. viewing & contact this asset is shown by appointment only to pre‑qualified, serious buyers. please provide proof of funds and company profile to arrange access to the full dossier and to schedule a private inspection. to express interest or request the project pack, contact:[agent / company name]phone: [insert phone number]email: [insert email address] confidentiality all enquiries are treated in confidence. full documentation and internal access are provided to qualified parties only under nda. disclaimer information provided is for marketing purposes and is offered in good faith by the seller/agent. prospective buyers must undertake independent legal, technical and financial due diligence. any figures, statements and claims should be verified prior to purchase. ref: victo...

*investment opportunity:* *direct instruction* an attractive mix-use, grade a, office and residential apartment building victoria island. the building comprising 11,900 sq m of office space over ten floors, available from 500 sq m to 1,190 sq m. 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 sq. m (9,230 sq. m 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. the office spaces are finished with 150mm raised floor systems and suspended ceilings (standard 60cm x 60cm) with 4-flourescent lamps concealed ceiling lighting system within the property 1st floor to 5th floor: dedicated parking; 6th floor: 506m2 (cafe/restaurant space) and a gym; 7th -- 16th floor: 11,190m2 of office space spread across the 10 floors; 17th floor: four 3-bedroom (en-suite) apartments 18th floor is the energy floor. 19th floor: rooftop/sky lounge. the building also boasts of 2 hvac systems on each floor. rental price is set at $800 per square meter with a gross and net lettable area of 1,119sqm and 923 square meter consecutively, excluding the apartments. sale price: $75m title: c o...

Land size : 3,323sqm description: warehouse structure with a detached structure. title : land certificate for more information please contact us 08023388329 07064570479 ...

Sale of commercial building for investment in v. i iconic buidling on 6 floors with 2- floor multi purpose block, with the following details. location: victoria island land size: 3500m2 total lettable space: 3500m2 title: lagos state car park: up to 120 cars facilities: lifts, generatos, etc price : $17m important note: property is fully tenanted by a corporate organization. current rent per annum: #366m per annum. ...

Office block on 3 floors (previously used by a bank) on 1220sqm. along adeola hopewell street, victoria island. title: lagos state c of o. price: ₦3...

*perfect investment proper5y currently fully occupied. by tenant ======================≈===≈====== sale price: $17m dollars ============≈==================== rental income: annual rent for the entire building: (@ n365,750,000 per annum (less whitholding tax) rent due 20/8/28. ================================= property description: a 6 floor open plan office building with additional 2 floor multi-purpose block. land size: approximately 3500sqm (500sqm floor for the 6- story and 250sqm floor for the 2-story). features includes: -4 restrooms per floor with quality sanitary wares, hand dryer and extractor fans. - 2 kitchenette and storage areas per floor. - 3 dedicated generators. - dedicated transformer (1000kva). - synchronized panels with ats. - underground and above ground diesel tank (10,000 & 5000 liters). - excellent lighting system. - adequate ups systems that keep the electrical components fully charged. - borehole and water treatment plants. - sewage system (underground). - bms systems for the monitoring and control of all systems from the control room. - complete elv systems. - public address system. - cctv and intercom systems. - tv system with advert in public area. - centralized data systems for internet and telephone. - dstv/cable network. - time attendance. - fire alarm system. - excellent parking and green area. - fire fighting system with fire hose and pump set. - automated barriers for front and back entrances. - infrared sliding door in the ground floor. ≈==========================≈===== message us now to grab this property n...

For sale corner piece 3floors office complex sitting on 2145.12sqmts at ahamodu bello way victoria island lagos price 8.5b title c...

Location: off adeola odeku street, victoria island, lagos land size: 2,031 square meters title: certificate of occupancy property overview this premium high-rise tower is a remarkable mixed-use, grade a building located in the heart of victoria island, lagos, just off adeola odeku street. designed for the modern urban lifestyle, the building features state-of-the-art office and residential spaces that cater to high-profile tenants and occupiers. the tower stands 19 floors high (including the ground floor) and offers expansive spaces for both office and residential use. a 5-level multi-story car park provides ample parking with a total of 187 parking bays distributed from the ground to the 5th floor. the property encompasses a gross lettable area of 11,190 sqm (with 9,230 sqm net) of prime office space across ten floors, equipped to meet internationally recognized grade a standards, ensuring flexibility and efficiency for modern businesses. floor breakdown 1st to 5th floor: dedicated parking for tenants and visitors. 6th floor: a versatile 506 sqm area dedicated to a cafe/restaurant space and a fully-equipped gym, adding convenience for building occupants and visitors. 7th to 16th floor: a vast 11,190 sqm of office space spread across 10 floors. with flexible floor plates, this office space caters to diverse organizational needs, creating a conducive environment for productivity. 17th floor: residential space featuring four exclusive 3-bedroom (en-suite) apartments, perfect for executives seeking luxury living close to work. 18th floor: rooftop sky lounge -- a stunning space for relaxation and entertainment with panoramic city views, ideal for tenants, guests, and corporate even...

- idowu martins - akin olugbade 3,083 sqm - n1.5m per sqm - strategically positioned less than 100 meters from adeola odeku - arguably the best deal currently available in victoria island - exceptional price per square meter for this location - both plots boast a frontage width of over 50 meters - verified and clean title uw...

Commercial building for investment in v. i iconic buidling on 6 floors with 2- floor multi-purpose block, with the following details. location: akin adesola land size: 3500m2 total lettable space: 3500m2 title: lagos state car park: up to 120 cars facilities: lifts, generatos, etc price : $17m important note: property is fully tenanted by a corporate organization. current rent per annum : #366m per ann...

Mixed use (formerly occupied by a bank) directly located at adeola hopewell victoria island lagos land size: 1,222sqm title: c of o g price: 3billion ven...

Commercial detached house and event center location: akin adesola street, victoria island property: detached house and event center price: n3.5billion agency fee 5 percent on 1100sqm land vacant this stunning property includes a detached house and a large event center, ideal for commercial use or residential conversion. located in one of the most prestigious areas of victoria island. i...

Premium 8-floor (excl. ground floor) office building located within victoria island, lagos. features include: land size is 1360sqm; parking lot for 24 cars; 135kva and 80kva power plants; 10,000ltrs diesel tank; 1 mitsubishi elevator; smoke detection and fire alarm system; fully air conditioned with vrv system; industrial borehole water storage and treatment plant; 42,000ltrs underground water storage tanks; 4 restrooms per floor; hse compliant; etc. sale price is n22,500,000,000 (twenty two billion, five hundred miliion naira) only. title is registered deed of assignment. all pricing are as at may 14, 2024 and subject to adjustment. kindly note: (1) all enquiries could be made between 8:00am -- 7:00pm (monday -- friday) and between 8:00am -- 2:00pm (saturdays); (2) our offices (including phone-lines) are closed on sundays; (3) viewing/inspection is only by appointment; (4) we require 2-hour (minimum) advance notice for property viewing/inspection; (5) you can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. best regar...

New built, premium 5-floor office building located within victoria island, lagos. features include: 3374sqm gross floor area; 2210sqm lettable floor area; parking lot for 28 cars (internal); 2 no. 150kva power plants; dedicated transformer; diesel tanks; 2 elevators; smoke detection and fire alarm system; fully air conditioned with vrv system; industrial borehole water storage and treatment plant; underground water storage tanks; 8 restrooms per floor; hse compliant; land size is 1708sqm; etc. sale price is n9,500,000,000 (nine billion five hundred million naira) only. title is registered deed of assignment. all pricing are as at september 27, 2024 and subject to adjustment. kindly note: (1) all enquiries could be made between 8:00am -- 7:00pm (monday -- friday) and between 8:00am -- 2:00pm (saturdays); (2) our offices (including phone-lines) are closed on sundays; (3) viewing/inspection is only by appointment; (4) we require 2-hour (minimum) advance notice for property viewing/inspection; (5) you can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. best regar...

3 floor (ground + 2) office building on about 1500sqms at ahmed onibudo street with total lettable space of 1,653.912m2, comprising two wings of 306.28m2 each and toilets on each floor (or 612.56m2 total lettable space per floor). title is lagos state c of o with 10 years unexpired. - $5m net b...

High rise property for sale in victoria island, lagos floor by floor breakdown of the project: 1) 1st floor to 5th floor: dedicated parking 2) 6th floor: 506sqm (cafe/restaurant space) and a gym 3) 7th -- 16th floor: 11,190sqm 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 $1,200/sqm excluding the apartments. location: off adeola odeku street, victoria island, lagos. land size: 2,031sqm title: c of o price: $70m ...

This 19-floor tower is a true masterpiece, dominating the skyline and offering unparalleled potential for a quick return on investment (roi). here are the key features:- - 19 floors of premium space designed for luxury and functionality. - car parks: 1st-5th floors and 17th floor are dedicated to parking. - luxury (4) luxurious 3-bedroom flats: featuring endless swimming pools for ultimate comfort and style. - sky lounge: the 19th floor offers a breathtaking sky lounge with panoramic views. - office spaces: floors 6-16 provide expansive office areas of approximately 416.52 sqm each. - state-of-the-art generators: ensuring uninterrupted power supply. - land mass: the property sits on a spacious 2,031.25 sqm. this sprawling tower is located inntuenheart of victoria island, lagos -- the epicenter of business, luxury, and lifestyle in lagos. this is a once-in-a-lifetime opportunity to own a landmark property in lagos one of africa's most vibrant cities. please c...

*ii hot sale ll victoria island ll* *description*: a corner piece commercial building with a storey servant quarters for sale *location*: off adeola odeku street, victoria island *land size*: 3083sqm *title*: lagos state c of o *price*: 5billion na...

*distress sale @ victoria island* 3,213sqm with structure strategically located on bishop oluwole. victoria island. c of o price: 1.5m per sqm o.n.o *note ; the property can be redeveloped or demoli...