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Commercial land for sale

4, 500SQM Virgin Water-Front Land for Hotel or Commercial Building

Victoria Island (VI), Lagos
₦18,000,000,000
#360-721-7 5 Aug 2026 Added today
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4,500 m² Plot size
Commercial Property type

About this property

Virgin Water-Front land measuring 4,500 sqm with Embankment and Approved for Commercial Purpose located along Ozumba Mbadiwe Way, Victoria Island, Lagos. Neighbourhood details: Victoria Island remains one of the most commercially valuable real estate markets in West Africa. Its concentration of corporate headquarters, premium infrastructure, luxury lifestyle amenities, and sustained demand for high-quality properties makes it a prime location for property investment, development, and marketing. Despite challenges such as traffic congestion and high development costs, its prestige, rental potential, and long-term appreciation continue to make it one of Nigeria's strongest real estate markets. Site details: Square-shaped site, Water-front Site, Front Plot (facing Ozumba Mbadiwe), Flood-free site; slightly over 4500 sqm, etc. Financials/terms: Sale Price is NGN18,000,000,000 (EIGHTEEN billion NAIRA). Title is Lagos Certificate of Occupancy. Agency Fee applies. All pricing are as at august 4, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Property details

Reference ID #360-721-7
Listed by First Colony Real Estate Company LTD
Property type Commercial Land
Listing status Commercial land for sale
Plot size 4,500 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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Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by First Colony Real Estate Company LTD. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.