For Sale: 1507 Sqm Of Land, Victoria Island (VI), Lagos | Nigeria Property Centre (Ref: 2591215)

1507 Sqm Of Land

  • 1507 Sqm of Land, Victoria Island (vi), Lagos, Mixed-use Land for Sale
  • 1507 Sqm of Land, Victoria Island (vi), Lagos, Mixed-use Land for Sale
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Property Description

Prime Land for Sale: 1,507 SQM at Victoria Island, Lagos

PRICE; N1.8 BILLION NAIRA
Key Selling Points:
Prime Location in Victoria Island:
Situated in the heart of Lagos' bustling commercial hub, this land is located on Victoria island Drive, a well-known street in Victoria Island, one of the city's most desirable and sought-after addresses.
Close proximity to major offices, luxury hotels, and financial institutions, making it an ideal spot for high-end commercial or residential developments.
Large Land Area (1,507 SQM):
With 1,507 square meters of space, this plot offers ample room for a variety of developments---whether you're interested in constructing office buildings, luxury apartments, or mixed-use developments.
Accessibility and Connectivity:
Easy access to major roads and highways, ensuring seamless connectivity to key areas within Lagos, including Lekki, Ikoyi, and the mainland.
Well-connected to essential infrastructure such as public transport systems, banks, shopping malls, and recreational centers.
Investment Potential:
Victoria Island is a high-demand area, with the potential for great returns on investment due to the continuous growth in both commercial and residential real estate. This land is an excellent opportunity for long-term capital appreciation.
The land is in an area undergoing rapid development, ensuring high demand for both residential and commercial spaces in the near future.
Security and Prestige:
A.J. Marinho Drive is a highly secure and prestigious area, offering a safe environment for businesses and residents alike. The value of properties in this area has consistently risen due to its prime status and luxury appeal.
Zoning and Development Opportunities:
Depending on local zoning regulations, the land offers various development options, including office spaces, mixed-use developments, luxury residential complexes, or hospitality ventures.
This is a flexible plot that suits both commercial and high-end residential developers.
Proximity to Major Landmarks:
Just minutes away from the prestigious Eko Hotel & Suites, the Nigerian Stock Exchange, and the iconic Lekki-Ikoyi Link Bridge, placing it in a prime business, commercial, and residential area.
The surrounding area boasts top-tier dining, entertainment, and cultural hubs, adding value to both residential and commercial developments.

Clear Title and Documentation:
The land has a clean and clear title, with all necessary documentation for a smooth and fast transaction process, providing peace of mind for any potential investor. (COFO)

Why Invest in This Plot?
This land is perfect for those looking to invest in one of Lagos' most prestigious and profitable areas. Whether you are looking to build a luxury development, commercial offices, or a mixed-use project, the potential for returns on this land is unparalleled. Secure your investment today!


Property Details

Property Ref: 2591215Added On: 25 Nov 2024Last Updated: 25 Nov 2024
Market Status: AvailableType: Mixed-use LandTotal Area: 1,507 sqm
Covered Area: 1,600 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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