For Sale: 1,599 Sqm Commercial In Victoria Island, Lagos, Victoria Island, Victoria Island (VI), Lagos (Ref: 3171583)

1,599 Sqm Commercial In Victoria Island, Lagos

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Property Description

Prime Commercial Land For Sale in Victoria Island, Lagos

1,599.665 SQM C of O Registered at Lagos State Land Registry ₦3 Billion

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Property Overview

- Land Size: 1,599.665 SQM
- Location: Victoria Island, Lagos
- Price: ₦3,000,000,000 (Three Billion Naira)
- Price per SQM: ₦1,875,468
- Title: Certificate of Occupancy (Registered at Lagos State Land Registry)
- Zoning: Commercial Purpose

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Key Highlights

- Prime VI Location: Situated in Victoria Island - Lagos' premier business and commercial district
- Fully Registered Title: Certificate of Occupancy formally registered at the Lagos State Land Registry
- Commercial Zoning: Legally designated for commercial development
- Substantial Land Bank: One of the largest available land parcels in Victoria Island
- Premium Investment: Blue-chip asset in Nigeria's most prestigious business address

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️ Development Potential

Ideal for:

- Corporate Headquarters
- Luxury Hotel & Resort
- High-End Shopping Mall
- Premium Office Complex
- Mixed-Use Development (Commercial/Residential)

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Location Benefits

- Prestigious Address: Victoria Island remains Nigeria's most exclusive business location
- Maximum Visibility: Prime positioning in the heart of Lagos' commercial hub
- Excellent Infrastructure: Well-developed roads and utilities
- Premium Neighborhood: Surrounded by multinational corporations, luxury hotels, and high-end retail

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Investment Summary

A rare opportunity to acquire a substantial commercial land parcel in Victoria Island with fully perfected title. This represents one of the last major development opportunities in Lagos' most prestigious location.

Perfect for:

- Institutional Investors
- Corporate Organizations
- Real Estate Developers
- High-Net-Worth Individuals

Contact for serious inquiries only.
This is a landmark investment opportunity in Nigeria's premier business district.


Property Details

Property Ref: 3171583Added On: 27 Oct 2025Last Updated: 27 Oct 2025
Market Status: AvailableType: Commercial LandTotal Area: 1,599 sqm
Covered Area: 1,599 sqm      

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-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.

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, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.

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 by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.

There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.

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 Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.

Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.  

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 one of the hottest clubs in Lagos, and many celebrities frequent it.

Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.

At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.

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 Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).

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

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