If you are seeking a high-value, income-generating real estate asset in one of Lagos’ most prestigious locations, this is a rare opportunity to acquire a fully developed block of apartments in Oniru, Victoria Island.
This property offers a ready-made rental business in a premium neighborhood known for strong demand, high rental yields, and consistent capital appreciation.
📍 Location Advantage – Oniru, Victoria Island
The property is located on Ayodele Babatunde Crescent in Oniru, within the highly sought-after Victoria Island axis, one of the most exclusive commercial and residential districts in Lagos.
Why this location is premium:
- Close proximity to major business hubs in Victoria Island
- Easy access to Lekki Phase 1 and Ikoyi
- Surrounded by embassies, corporate offices, and luxury estates
- High demand for short-let and long-term residential rentals
- Excellent road network and urban infrastructure
Oniru has become a hotspot for investors targeting expatriates, professionals, and high-income tenants.
🏢 Property Overview
- Property Type: Multi-block apartment complex
- Total Units: 20 residential units across 4 blocks
- Land Size: 1,543 sqm
- Title: Certificate of Occupancy (C of O)
This is a well-maintained, modern residential development designed for both comfort and long-term investment returns.
🏗️ Unit Breakdown
The estate consists of:
- 12 Units of 2-Bedroom Flats
- 8 Units of 1-Bedroom Flats
- Gatehouse for security control
- Generator House for uninterrupted power supply
- Additional service and support structures
This mix allows flexibility in tenant targeting:
- Small families
- Young professionals
- Corporate tenants
💰 Investment Value & Income Potential
This property is essentially a turnkey rental portfolio.
Why it is attractive:
✔ Immediate rental income stream
✔ Multiple units reduce vacancy risk
✔ High occupancy potential due to location
✔ Premium rental rates in Victoria Island
Properties in Oniru typically command high rental values, especially for:
- Short-let apartments
- Corporate housing
- Long-term furnished rentals
📈 Strategic Investment Benefits
Investing in this property gives you:
- Ownership in one of Lagos’ most valuable real estate corridors
- Stable and predictable rental income
- Long-term capital appreciation
- Potential to reposition into luxury serviced apartments or Airbnb units
Victoria Island continues to attract:
- Multinational companies
- Expats
- High-net-worth individuals
This ensures consistent demand for quality housing.
🛡️ Title & Legal Status
- Title: Certificate of Occupancy (C of O)
This provides:
- Legal ownership security
- Ease of transfer
- Acceptability for institutional investment
💵 Asking Price
- Price: ₦5 Billion NET
Considering:
- Prime Oniru location
- 20-unit apartment block
- Land size of 1,543 sqm
- Existing infrastructure
This represents a premium asset in a blue-chip Lagos real estate market.
💼 Ideal For
This property is suitable for:
- Real estate investors
- Institutional buyers
- Property development companies
- Hospitality/short-let operators
- High-net-worth individuals
📞 Enquiries & Inspection
Serious buyers can arrange inspections and further discussions:
📲 Call/WhatsApp: 08034139285
🚀 Final Thoughts
Opportunities to acquire a large-scale, income-generating residential complex in Victoria Island are extremely limited.
This property combines:
- Prime location
- Established structures
- Strong rental demand
- Long-term appreciation potential
Making it a strategic acquisition for investors seeking both cash flow and asset growth in Lagos’ luxury real estate market.
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