Nigeria Property Centre

Commercial property for sale

1650 SQM Commercial Land with C of O Title

Ademola Adetokunbo Street, Victoria Island (VI), Lagos
₦6,650,000,000
#371-993-8 10 Oct 2026
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1,650 m² Plot size
Commercial Property Property type

About this property

Prime Commercial Property For Sale on Ademola Adetokunbo Street, Victoria Island, Lagos 1,650 SQM C of O Title ₦6.65 Billion Asking ≈ ₦4.03 Million per SQM Property Overview

  • Location: Ademola Adetokunbo Street, Victoria Island, Lagos.
  • Land Size: 1,650 SQM.
  • Title: Certificate of Occupancy (C of O).
  • Asking Price: ₦6,650,000,000.
  • Price per SQM: ≈ ₦4,030,303.
  • Status: Prime commercial land in the heart of Victoria Island's business district.

Key Highlights

  • A-Grade VI Address: Ademola Adetokunbo is one of the most prestigious and high-traffic commercial streets in Lagos, home to banks, corporate headquarters, and embassies.
  • Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and smooth transfer.
  • Large Development Parcel: 1,650 SQM offers substantial scale for a landmark commercial or mixed-use development.
  • Premium Pricing: This is a top-tier asset -- the price per SQM reflects the irreplaceable location and the scarcity of large, titled plots on this street.
  • Immediate Development Ready: Vacant land with no encumbrances -- commence construction upon purchase.

Development Potential

  • Corporate Headquarters Tower
  • International Grade-A Office Complex
  • Luxury Hotel or Serviced Apartments
  • High-End Retail Plaza or Shopping Gallery
  • Mixed-Use Development (Office, Retail, Residential)
  • Diplomatic Mission or Embassy

Location Benefits -- Ademola Adetokunbo Street, Victoria Island

  • Epicenter of Business & Finance: Walking distance to major banks, the Nigerian Stock Exchange, and multinational corporate offices.
  • Proximity to Eko Atlantic: Positioned at the gateway to Lagos's new flagship city, benefiting from its growth and modern infrastructure.
  • Unmatched Connectivity: Easy access to Ahmadu Bello Way, Ozumba Mbadiwe, and the Lekki-VI link bridge.
  • World-Class Infrastructure: Benefits from the highest standard of roads, security, and utilities in Lagos.

Investment Value

  • Asking Price: ₦6.65 Billion.
  • Price per SQM: ≈ ₦4.03 Million.
  • Market Context: This price is at the absolute premium end of the Victoria Island market. It reflects the scarcity of large, titled plots on Ademola Adetokunbo Street and the potential for a high-density, high-return flagship development.
  • Income Potential: A commercial development here can generate premium rental yields from blue-chip tenants.
  • Capital Appreciation: VI property values have consistently shown resilience and long-term growth.

Sale Opportunity A rare opportunity to acquire a large, titled commercial plot on one of Victoria Island's most prestigious streets. Ideal for institutional investors, corporate entities, or developers seeking a landmark address. Ideal For:

  • Multinational Corporations seeking a regional headquarters.
  • Institutional Real Estate Investors & Pension Funds.
  • Luxury Hotel Brands and Hospitality Groups.
  • High-Net-Worth Portfolio Buyers.

Next Steps:

  • Confidential Site Inspection.
  • Title Verification (C of O at the Lagos State Lands Bureau).
  • Purchase Negotiation.
  • Transaction Closing.

Ademola Adetokunbo Street, Victoria Island + 1,650 SQM + C of O + ₦6.65B -- a definitive commercial opportunity in Lagos's premier business district. Serious inquiries only -- direct mandate.

Property details

Reference ID #371-993-8
Listed by Ac Valour International
Property type Commercial Property
Listing status Commercial property for sale
Plot size 1,650 m²

Area guide — Victoria Island (VI)

Lagos

Interesting Facts

You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-fille...

Leisure and Shopping

Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosm...

Popular Estates

1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned...

Day Life

Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Is...

Night Life

In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is on...

Schools

If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent...

Read the full area guide for Victoria Island (VI), Lagos

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