2,885.01 SQM Commercial Land

Prime Land For Sale Off Akin Adesola, Victoria Island, Lagos 2,885.01 SQM Federal C of O & Deed of Assignment ₦2.2M per SQM Total: ≈ ₦6.347 Billion Property Overview

• Location: Off Akin Adesola Street, Victoria Island, Lagos.
• Land Size: 2,885.01 SQM.
• Title: Federal Certificate of Occupancy (C of O) & Deed of Assignment.
• Price per SQM: ₦2,200,000.
• Total Asking Price: ₦6,347,022,000 (≈ ₦6.35 Billion).
• Status: Vacant land, ready for a landmark commercial or mixed-use development.

Key Highlights

• Massive Institutional-Scale Parcel: Over 2,800 SQM of contiguous land in the heart of Victoria Island is exceptionally rare. This scale allows for a high-density, high-ROI landmark project.
• Unbeatable VI Address: Off Akin Adesola is a premier business and lifestyle corridor in Lagos, surrounded by banks, multinational headquarters, high-end retail, and Eko Atlantic.
• Strong Dual Title: The combination of a Federal C of O and a Deed of Assignment provides a highly secure legal foundation, ensuring a smooth transaction and facilitating institutional financing.
• Competitive VI Pricing: At approximately ₦2.2M per SQM, this is highly attractive for a titled parcel of this magnitude in Victoria Island, offering significant immediate equity.
• Clean Slate: Bare land with no existing structures means you can design and build your master plan from the ground up.

Development Potential Given the prime location and massive scale, the land is perfectly suited for:

• Mixed-Use Complex: Ground-floor luxury retail, corporate offices, and high-end residential apartments above.
• High-Rise Office Tower: Grade-A commercial space targeting multinationals and financial institutions.
• Luxury Residential Towers: Premium 3- and 4-bedroom apartments with panoramic views and extensive amenities.
• Five-Star Hotel or Serviced Apartments: Capitalizing on the heavy business and expatriate traffic in VI.

Location Benefits -- Off Akin Adesola, VI

• Commercial Epicenter: Walking distance to major banks, corporate offices, and the Nigerian Stock Exchange.
• Proximity to Eko Atlantic: Positioned to benefit from the ongoing development of Lagos's new city.
• Unmatched Connectivity: Easy access to Ahmadu Bello Way, Ozumba Mbadiwe, and the Lekki-VI link bridge.
• Premium Infrastructure: Benefits from the highest standard of security, road networks, and utilities in Lagos.

Investment Value

• Asking Price: ₦6.347 Billion.
• Market Context: A parcel of this size on Akin Adesola is a blue-chip asset. The pricing is highly competitive for a Federal C of O property with such high commercial viability.
• Upside Potential: Develop and lease/sell at premium rates. The massive footprint allows you to create a landmark destination that will command top-tier rental yields and capital appreciation.
• Title Security: The dual title ensures a low-risk transaction and facilitates institutional financing for the development phase.

Sale Opportunity A rare opportunity to acquire a mega-parcel in the center of Victoria Island's business district. Ideal for institutional developers, corporate entities, or high-net-worth investors seeking a legacy project. Ideal For:

• Commercial Real Estate Developers.
• Institutional Investors & Pension Funds.
• Hotel & Hospitality Groups.
• Corporate Organizations seeking a flagship location.

Next Steps:

• Site Inspection.
• Title Verification (Federal C of O & Deed at the relevant Lands Bureau).
• Proof of Funds.
• Purchase Negotiation & Immediate Closing.

Akin Adesola, VI + 2,885.01 SQM + Federal C of O + ₦2.2M/SQM -- a landmark development opportunity. Serious inquiries only.