PROPERTY FOR LEASE AT A NESTED NEIGHBORHOOD IN VICTORIA ISLAND LAGOS price $500,000.00

Iru, Victoria Island, Lagos 103 views Jul 22, 2025

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Overview
Last Updated Jul 22, 2025
Category HouseCommercial property
Price Contact
Description

PROPERTY FOR LEASE AT A NESTED NEIGHBORHOOD IN VICTORIA ISLAND LAGOS‼️‼️‼️‼️‼️
    

PROPERTY OVERVIEW💥💥
The property consists of 18 residential units, comprising 12 units of 2-bedroom apartments and 6 units of 3-bedroom apartments, each with boys’ quarters. In addition, it features a 2000 Square meter of two-story office section with a penthouse, providing ample space for administrative functions. The property also includes a swimming pool, provisions for a gym, and a canteen, making it suitable for both residential and commercial use.

THE PROPERTY IS ALSO EQUIPPED WITH: 💥💥
A jetty section directly attached to the Embassy jetty, offering convenient waterfront access.
Two functional 550 KVA generators ensuring uninterrupted power supply.
Diesel storage tanks (both underground and surface) for sustained fuel availability.
A functional fire alarm system and a fire-fighting pipe network for enhanced safety.
Ample parking space to accommodate multiple vehicles.

LEASE TERMS ✅
Annual Rent: $500,000.00

Service Charge: 30% of the annual rent (excluding utilities)

Agency Fee: 10% of the annual rent

Legal Fee: 10% of the annual rent

Availability: Available for both short- and long-term lease

Lease Terms: minimum 3 years

Given its prime location, security advantages, and premium facilities, we trust that these terms align with the high standards and expectations required for a premium commercial and residential property of it Caliber. We are committed to ensuring a seamless transition and maintaining the property at optimal levels for your convenience and business operations.





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