Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos (REF: 1PBJTS)

  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 0
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 1
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 2
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 3
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 4
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 5
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 6
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 7
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 8
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 9
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 10
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 11
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 12
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 13
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 14
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 0
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 1
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 2
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 3
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 4
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 5
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 6
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 7
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 8
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 9
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 10
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 11
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 12
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 13
  • Commercial Property For Sale  off Adeola Odeku Victoria Island (VI) Lagos - 14
Get in touch with agent:
Arise Development Arise Development
Call Arise Development 080580*** CLICK TO CALL
Chat Arise Development 080580*** WHATSAPP

Prime & Best Mixed Use Residential And Commercial Property & Land

 off Adeola Odeku Victoria Island (VI) Lagos

3,100,000,000

bed | bath | toilets

Property Details

**Direct Listing offering Additional / Supplementary 0.5% Bonus to Buyers Closing Agents within 90 days of Listing**

Prime and Best Mixed Use Residential and commercial Property in the heart of Victoria Island, Lagos. This property has established itself as a pinnacle prime valued mixed use property with a very high residual Land value, meaning future Highest and Best Use development will command the top tier equity in leasable or resale space per square meter within the Best of the heart of the VI market.

Quick property facts:

Location value:

1) Intersection of 2 of the most prominent commercial main streets in VI ensuring market conversion of the commercial business oppprtunities (via business traffic) will be highest.

2) Location Bonus is that while at a high visible commercial intersection, it enjoys an off street interior location that also provides a tranquility for the residential portions of the mixed use space that also allows an intimate environment for focused business within the all encompassing property.

-1305 Square meter LAND space
- Lagos State Land Certificate
- 50 years remaining on Lagos state Land lease
- 1150sqm Building leaseable covered floor space
- Existing two story 6 Bedroom House, Two, 2 bedroom Flats
- 2 event halls of 340sqm and 140 sqm, respectively
- Boys Quarters

Highest & Best Value Plays include:

1. Immediate development of Highest & Best Use, High Rise Residential or Mixed Use High Rise Residential Office development with parking structure for a Residual Land Value of 3.5B and after Development Value of 15.75B with annualized Cash on Cash of 64.9% and Internal Rate of Return of 25% with completion by end of 2026

or

2. Renovate for short term cash-flow of existing mixed use residential/ hotel/ Shortlet and event space to ride the upward market cycle then future highest and best Mixed use high rise development for optimum after development resale/lease value

*Please note, we don't send Pictures out nor seek new listings. Viewing appointments accompanied only with prospective buyer will be given.
* Buyer pays buyer agent fees
*Seller Agent side is closed
* Buyer offers will require proof of funds for offer Acceptance

Thanks for your interest.

Best Regards!
See more description
Get in touch with agent:
Arise Development Arise Development
Call Arise Development 080580*** CLICK TO CALL
Chat Arise Development 080580*** WHATSAPP

Safety Tips

  • Do not make any upfront payment as inspection fee or upfront payment for rent before seeing this property or seeing the agent you contacted physically. PropertyLoaded is not liable for monetary transactions between you and the agents.
  • The contact agent on properties listed on PropertyLoaded does not represent PropertyLoaded. PropertyLoaded will not mandate agents to ask for fees upfront.

Similar Properties


Commercial Land For Sale  adeola Odeku Way Victoria Island (VI) Lagos

1

Prime 1400 Sqm Plot

COMMERCIAL LAND FOR SALE

 adeola Odeku Way Victoria Island (vi) Lagos

2,000,000,000
bed | bath | toilets | Added 12 Mar 2024

Land For Sale  off Adeola Odeku Victoria Island (VI) Lagos

1

Prime Land Size Of 2634sqm

LAND FOR SALE

 off Adeola Odeku Victoria Island (vi) Lagos

2,200,000,000
bed | bath | toilets | Added 28 Mar 2024

6 bedroom Detached Duplex For Sale  off Adeola Odeku Victoria Island (VI) Lagos

1

6 Bed

6 BEDROOM DETACHED DUPLEX FOR SALE

 off Adeola Odeku Victoria Island (vi) Lagos

3,500,000,000
6 bed | 6 bath | 7 toilets | Added 10 Apr 2024

64 bedroom Hotel / Guest House For Sale  off Adeola Odeku Victoria Island (VI) Lagos

2

64 Rooms Capacity Hotel And Apartments

64 BEDROOM HOTEL / GUEST HOUSE FOR SALE

 off Adeola Odeku Victoria Island (vi) Lagos

3,500,000,000
64 bed | 80 bath | 80 toilets | Added 02 Jan 2024

5 bedroom Detached Bungalow For Sale  off Adeola Odeku Street Victoria Island (VI) Lagos

3

Detached House On 1500sqm Land

5 BEDROOM DETACHED BUNGALOW FOR SALE

 off Adeola Odeku Street Victoria Island (vi) Lagos

1,800,000,000
5 bed | 5 bath | 6 toilets | Added 09 Feb 2024

Commercial Property For Sale  akin Adesola victoria Island Victoria Island (VI) Lagos

23

Multi Building Commercial Property Of 1,100sqm Lettable Space

COMMERCIAL PROPERTY FOR SALE

 akin Adesola Victoria Island Victoria Island (vi) Lagos

3,200,000,000
bed | bath | toilets | Added 30 Apr 2024

Commercial Property For Sale  off Ademola Adetokunbo Street Victoria Island (VI) Lagos

9

Commercial Property With 7 Large Office Spaces On 500sqm Land

COMMERCIAL PROPERTY FOR SALE

 off Ademola Adetokunbo Street Victoria Island (vi) Lagos

1,600,000,000
bed | bath | toilets | Added 01 Dec 2023

Commercial Property For Sale Victoria Island (VI) Lagos

1

Uncompleted Purposely Built Hospital Building

COMMERCIAL PROPERTY FOR SALE

Victoria Island (vi) Lagos

2,300,000,000
bed | bath | toilets | Added 20 Feb 2024