Secure a spacious 468.83sqm open office space in Victoria Island, Lagos, designed to accommodate established businesses seeking a professional and well-serviced corporate environment. The property offers reliable power infrastructure, dedicated parking, elevator access, comprehensive facility management, and round-the-clock security.

Property Details
Property Type
Open Office Space

Location
Victoria Island, Lagos

Lettable Space
468.83 sqm

Annual Rent
₦150,000 per sqm per annum
Annual Rent: ₦70,324,500

Lease Term
Minimum 2 Years

Service Charge
₦25,000 per sqm per annum
Annual Service Charge: ₦11,720,750

Additional Commercial Terms
Agency Fee: 10% of Gross Rent — ₦7,032,450
Legal Fee: 10% of Gross Rent — ₦7,032,450
Energy Deposit: ₦5,000,000
Security Deposit: Equivalent to 3 months' rent or a bank guarantee from a Nigerian bank

2-Year Rent
₦140,649,000

2-Year Service Charge
₦23,441,500

Initial Package
₦183,155,400 + ₦5,000,000 Energy Deposit + Security Deposit

Excludes applicable taxes and any other charges not stated above.

Power & Facility Services
The property provides comprehensive infrastructure and facility management services, including:

Electricity supply via EKEDC
200 KVA & 100 KVA diesel generators
Electricity meters for monitoring diesel and EKEDC consumption
Sewage dislodgement
Waste and refuse disposal
Fumigation
CCTV surveillance
Cleaning of common areas
Gardening and landscaping
Sanitation services
Firefighting systems
Security personnel

Lift maintenance
General property maintenance
Other ancillary facility management services
Parking
3 Allocated Parking Lots within the property

Commercial Highlights
Spacious 468.83sqm Open-Plan Office
Strategic Victoria Island Location
Reliable Power Infrastructure
Dual Generator Capacity
EKEDC Power Supply
Elevator Access
CCTV Surveillance
Professional Facility Management
Comprehensive Security Services
Dedicated Parking
Minimum 2-Year Lease Term

Ideal For
This premium office space is ideal for corporate headquarters, financial institutions, technology companies, consulting firms, professional services, multinational organisations, and established businesses requiring a substantial and strategically located workspace in Victoria Island.

This 468.83sqm office space in Victoria Island offers an excellent combination of generous floor area, strong infrastructure, comprehensive facility services, and a prestigious commercial location for businesses looking to establish or expand their operations.

Rent
₦150,000/sqm/annum
₦70,324,500 Per Annum
Minimum 2 Years Upfront: ₦140,649,000

Service Charge
₦25,000/sqm/annum
₦11,720,750 Per Annum