For Sale: Strategic 2,000 Sqm Bare Land, Victoria Island (VI), Lagos | Nigeria Property Centre (Ref: 2973163)

Strategic 2,000 Sqm Bare Land

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Property Description

️ FOR SALE -- STRATEGIC BARE LAND IN PRIME VICTORIA ISLAND (BISHOP OLUWOLE STREET)

Location: Bishop Oluwole Street, Victoria Island, Lagos
Land Size: 2,000 SQM
Title: Certificate of Occupancy (C of O)
Price: ₦2 Million Per SQM (Total = ₦4 Billion)

Enquiries & Inspection: 07013257514 08141169442


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WHY THIS LAND IS A RARE GEM:

Bishop Oluwole Street is one of the most commercially strategic locations in all of Victoria Island.
This 2,000 SQM bare land presents a rare opportunity for iconic development in the heart of Lagos' financial and hospitality district.


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HIGHEST & BEST USE:

Luxury Hotel Development
Grade-A Office Towers
Upscale Residential Apartments or Condos
Mixed-Use Development (Retail + Residential)
Corporate Headquarters or Foreign Embassy


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INVESTMENT POTENTIAL:

Land Appreciation in VI: 25--30% Annually
Potential ROI on Development: 18%--25%
Victoria Island Demand: Always High for Luxury, Commercial, and Hospitality Spaces
️ Flexible Design Opportunity: Full clearance, no demolition required


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WHY BISHOP OLUWOLE STREET?

Sits at the commercial core of Victoria Island
Surrounded by 5-star hotels (Eko Hotel, Radisson Blu), embassies, banks, and multinational HQs
Direct access to Ahmadu Bello Way, Adeola Odeku, and VI--Ikoyi Bridge
Perfect for international brands looking to own a flagship location in Lagos


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ONLY SERIOUS INVESTORS NEED APPLY:

2,000 SQM with C of O in this location is nearly impossible to find on the open market.

Secure this rare opportunity today:
07013257514 08141169442
Victoria Island doesn't make more land. Own the power address.


Property Details

Property Ref: 2973163Added On: 12 Jul 2025Last Updated: 16 Jul 2025
Market Status: AvailableType: LandTotal Area: 2,000 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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