A versatile commercial property on 729.12sqm in the prestigious Victoria Island, Lagos. The property comprises a 6-bedroom house with 3 rooms BQ and is approved by the owner for several commercial uses, including office, banking, hospitality, gallery, and supermarket operations. With a long lease term and a 3-month moratorium, it offers flexibility for businesses seeking a strategic commercial location in VI.

Property Features
6-Bedroom House
3-Room BQ
Land Size: 729.12sqm
Prime Victoria Island Location
Suitable for Multiple Commercial Uses
Land Certificate
3-Month Moratorium
Permitted Uses

The owner permits the property for:

Office Use
Bank Use
Spa / Hotel
Art Gallery
Supermarket
Lease Details
Annual Rent: ₦65,000,000
Lease Term: 5 Years
Payment: First 5 years payable upfront
Renewal Option: Additional 5 years
Renewal rent to be determined at prevailing market rate upon expiration of initial term
Moratorium: 3 Months

Ideal Tenant
Ideal for banks, corporate organisations, hospitality operators, supermarkets, galleries, spas, and other established commercial businesses seeking a prominent standalone property in Victoria Island.

Price
₦65,000,000 per annum