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