Commercial land for sale
Victoria Island (VI), Lagos
Prime land for sale adjacent to eko hotel, victoria island, lagos
3,000 sqm borders eko hotel & total tower registered conveyance approved for 14 floors ₦7 billion ₦2.33 million per sqm
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property overview
- location: victoria island, lagos. shares direct boundaries with eko hotel & suites and total tower.
- land size: 3,000 sqm.
- title: registered conveyance.
- key approval: building plan approval for up to 14 floors.
- asking price: ₦7,000,000,000.
- price per sqm: ₦2,333,333.
- status: prime bare land with exceptional development rights.
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key highlights
- unparalleled location: direct adjacency to eko hotel, lagos's premier hospitality landmark, and total tower guarantees supreme visibility, prestige, and a captive high-end market.
- pre-approved high-rise development: the 14-floor approval is a major strategic asset, reducing planning risk and timeline, and allowing for a high-density, high-return project.
- institutional-grade parcel: a 3,000 sqm plot in this specific micro-location is exceptionally rare, suitable for a landmark corporate or mixed-use tower.
- title note (registered conveyance): this is a recognized document proving a legal transfer of ownership. for full security and financing, a buyer typically needs to process its conversion to a governor's consent. this is a standard but critical pathway.
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️ development potential
this site is ideally suited for:
- corporate headquarters tower (for a firm seeking a flagship identity next to a global brand).
- luxury hotel or serviced apartments (complementing the eko hotel district).
- high-end mixed-use complex (premium retail, offices, and residential).
- diplomatic mission or high-commission.
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market context
the asking price of ₦2.33 million per sqm positions this at the absolute premium apex of the victoria island market. this is justified by its:
1. irreplaceable address: being literally next to eko hotel.
2. development rights: the 14-floor approval adds significant value per square meter of land.
3. scale: large, developable plots in this precise location are virtually non-existent.
ideal for: sovereign wealth funds, multinational corporations, top-tier international hotel brands, and elite real estate development consortia.
a definitive opportunity to build a landmark next to lagos's most iconic hotel, with approved plans for a towering presen...
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₦7,000,000,000
Ac Valour International
08036503218