Office space for rent
Off Badaru Abina Street, Victoria Island (VI), Lagos
Location
adeola hopewell street, victoria island
prime commercial corridor with strong business visibility and access.
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office overview
well-positioned 100sqm ground floor office space within a structured commercial building.
ideal for:
- consulting firms
- tech startups
- legal practices
- training hubs
- corporate satellite offices
ground floor access improves client convenience and branding presence.
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lease structure
rent per annum (100sqm)
- 1-year term: ₦180,000 per sqm
₦18,000,000
- 2-year term: ₦170,000 per sqm
₦17,000,000 per annum
- 3-year term: ₦160,000 per sqm
₦16,000,000 per annum
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service charge deposit
₦25,500 per sqm
₦2,550,000 per annum
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additional fees (based on rent paid)
caution deposit: 10%
agency fee: 10%
legal fee: 5%
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example total (1-year term)
rent: ₦18,000,000
service charge: ₦2,550,000
caution (10%): ₦1,800,000
agency (10%): ₦1,800,000
legal (5%): ₦900,000
total initial outlay:
₦25,050,000
(excluding power consumption)
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facilities
- parking lot
- 24-hour security
- green area
- water treatment
- borehole system
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power structure
- dedicated check meter per unit
- electricity billed based on consumption
- generator available (diesel usage factored into service charge structure --- clarify if diesel itself is separate)
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service charge covers
- security personnel
- cleaning of common areas
- landscaping / gardening
- water treatment chemicals
- generator maintenance
- borehole servicing
- garbage collection (lawma)
- common electrical & plumbing servicing
- external/common light...
More details
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₦180,000,000 per annum
Elyon Homes
08133365548