Position your business in a prestigious commercial district with this 205 sqm office space in Victoria Island, Lagos. The office offers a practical and professional workspace with two toilet/restroom facilities, making it suitable for corporate organisations, professional firms, consultancies, technology companies, and other businesses seeking a strategic commercial address.

Property Details
Property Type
Office Space

Location
Victoria Island (VI), Lagos

Office Size
205 sqm

Facilities
2 Toilet/Restroom Facilities
Professional Office Layout
Strategic Victoria Island Location
Commercials

Rent
₦150,000 per sqm per annum
Annual Rent: ₦30,750,000

Service Charge
₦20,000 per sqm per annum
Annual Service Charge: ₦4,100,000

Power is excluded from the service charge.

Lease Tenure
5-Year Lease Term
Minimum of 2 Years' Rent Payment Upfront

Initial 2-Year Rent
₦61,500,000

Initial 2-Year Service Charge
₦8,200,000

Additional Charges
Agency Fee: 10% — ₦3,075,000
Legal Fee: 10% — ₦3,075,000
Caution Fee: 10% — ₦3,075,000

Estimated Initial Package
₦78,925,000

Based on 2 years' rent + 2 years' service charge + agency, legal and caution fees. Power is excluded.

This 205 sqm office space in Victoria Island presents an excellent opportunity for businesses seeking a professional workspace within one of Lagos' most established commercial and business districts, with the flexibility of a long-term 5-year lease.

Rent
₦30,750,000 Per Annum

Minimum 2 Years Upfront — ₦61,500,000

Service Charge
₦4,100,000 Per Annum

₦8,200,000 for 2 Years