Nigeria Property Centre

Commercial land for sale

Joint Venture 2491SQM Opportunity in VI

Victoria Island, Victoria Island (VI), Lagos
₦8,000,000,000
#367-956-5 16 Sep 2026 Added today
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2,491 m² Plot size
Commercial Property type

About this property

An exceptional Joint Venture (JV) opportunity is available in the heart of Victoria Island for a reputable institution or qualified investor. This premium 2,491sqm development site comes with approved drawings for two 9-storey residential towers, with the potential to accommodate a mixed-use development of up to 15 floors, subject to regulatory approvals. With no premium payable, this presents a highly attractive opportunity for developers seeking a landmark project in one of Lagos' most prestigious real estate markets. Property Details Location: Victoria Island, Lagos Land Size: 2,491sqm Title: Lagos State Certificate of Occupancy (C of O) Land Value: ₦8,000,000,000 Premium: Nil Facilitator's Fee: 8% Development Proposal Approved Drawings for Two (2) Residential Blocks 9-Storey Buildings Potential for Mixed-Use Development Potential to Increase Height to 15 Floors (Subject to Regulatory Approval) Investment Highlights Prime Victoria Island Address No Premium Required Approved Development Plans Available High-Demand Residential & Mixed-Use Location Excellent Long-Term Capital Appreciation Landmark Development Opportunity Secure Title Documentation Owner's Requirements The property owner requires either: A Bank Guarantee (BG), or Funds Placed in an Escrow Account Please Note: The owner will not accept a Proof of Funds (POF) as evidence of financial capacity. Ideal Development Partner This opportunity is ideal for established real estate developers, institutional investors, private equity firms, reit sponsors, family offices, and high-net-worth individuals with the capacity to undertake a premium large-scale development. Financial Summary Land Size: 2,491sqm Land Value: ₦8,000,000,000 Premium: Nil Facilitator's Fee: 8% Location Victoria Island, Lagos Title Lagos State Certificate of Occupancy (C of O)

Property details

Reference ID #367-956-5
Listed by C W Real Estate
Property type Commercial Land
Listing status Commercial land for sale
Plot size 2,491 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 C W Real Estate. 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.