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About this property
Serious direct clients only Prime redevelopment property for sale Victoria Island (1,150 SQM) Location: Victoria Island, Lagos State, Nigeria. Asking price: ₦3,500,000,000 (₦3.5 Billion) An attractive real estate investment opportunity in the prestigious Victoria Island commercial and residential district of Lagos. This property comprises an existing detached building situated on approximately 1,150 square metres of land, offering significant potential for redevelopment or repositioning. Its strategic location makes it an appealing acquisition for investors, property developers, and corporate organisations seeking a substantial landholding within one of Lagos' most established business districts. Property Details
- Property Type: Existing detached house
- Land Size: Approximately 1,150 SQM
- Location: Victoria Island, Lagos
- Development Potential: Suitable for redevelopment
- Neighbourhood: Established commercial and residential district
Title documentation Certificate of Occupancy (C of O) Title authenticity and ownership are subject to independent verification. Investment Highlights
- Prime Victoria Island location
- Substantial landholding of approximately 1,150 SQM
- Opportunity for redevelopment or property repositioning
- Potential for residential or commercial development, subject to applicable planning approvals
- Suitable for developers, institutional investors, and corporate buyers
Financial summary Description Amount ------------------------ -------------- Asking Price ₦3,500,000,000 Indicative Price per SQM ₦3,043,478 Brokerage Fee (5%) ₦175,000,000 Price + Brokerage ₦3,675,000,000 Excludes legal fees, taxes, title verification, and other transaction costs. Brokerage is calculated at 5% of the asking price. Inspection & enquiries Private inspections are strictly by prior appointment. Interested buyers may request further property information, title documentation for due diligence, and viewing arrangements. Knight Angels Realties LTD Premium Real Estate Investment Advisory Property Acquisition
Property details
Area guide — Victoria Island (VI)
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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Disclaimer
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