360 Sqm Land In A Highbrow Area
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Property Description
Prime Victoria Island Land Opportunity -- Below Market Value
360 SQM ₦450 Million (₦1.25M/SQM) Title: Allocation/C of O
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Property Overview
- Land Size: 360 SQM
- Location: Highbrow Area, Victoria Island, Lagos
- Price: ₦450,000,000
- Price per SQM: ₦1,250,000
- Title Status: Allocation Paper / C of O in View
- Agency Fee: 10% Facilitator's Fee (Payable by Buyer)
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Why This is a Rare Deal
- Far Below Market Rate:
- Going Rate in this Area: ₦2.5M per SQM
- This Offer: ₦1.25M per SQM -- 50% BELOW market value
- High-Value VI Location: Prestigious, secure, and commercially attractive area
- Strong Title Pathway: Allocation paper with C of O processing underway
- Quick Appreciation Potential: Ideal for buy-and-hold or immediate development
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️ Ideal For
- Investors seeking quick value play
- Developers targeting high-return VI projects
- End-users wanting a prime Victoria Island address
- Portfolio diversification into blue-chip Lagos real estate
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Location Perks -- Victoria Island
- Corporate and diplomatic hub of Lagos
- Top-tier security and infrastructure
- Walking distance to banks, hotels, fine dining, and multinational offices
- High rental and resale demand
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Act Now -- Before It's Gone!
This is not just a good deal -- it's a rock-bottom priced entry into Victoria Island real estate.
Interested? Here's the next step:
Reply now to express serious interest
Review documents -- allocation paper and C ofO status
Inspect the land -- see the location and potential firsthand
Secure with 10% facilitator's fee (payable by buyer upon sale)
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Don't overthink it. Deals like this in VI don't last.
Contact us now before it's off the shelf.
Property Details
| Property Ref: 3165015 | Added On: 23 Oct 2025 | Last Updated: 23 Oct 2025 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 360 sqm |
| Covered Area: 360 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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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 2 months ago
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