400sqm Highbrow Area
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Property Description
Exceptional Victoria Island Land Deal -- 50% Below Market Rate
400 SQM ₦500 Million (₦1.25M/SQM) Allocation/C of O Limited Availability
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Property Overview
- Land Size: 400 SQM
- Location: Highbrow Area, Victoria Island, Lagos
- Price: ₦500,000,000
- Price per SQM: ₦1,250,000
- Title Status: Allocation Paper / C of O in Process
- Market Comparison: 50% BELOW current VI rate of ₦2.5M/SQM
- Buyer's Responsibility: 10% Facilitator's Fee upon purchase
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Unmatched Value Offer
- Massive Savings:
- Current Market Value: ₦2.5M/SQM = ₦1,000,000,000
- This Exclusive Price: ₦1.25M/SQM = ₦500,000,000
- Instant Equity: ₦500,000,000 upon acquisition
- Prime VI Location: Most sought-after business and residential district in Lagos
- Clear Title Pathway: Allocation paper with C of O processing ensures secure ownership
- Strategic Investment: Perfect for developers, investors, or end-users seeking VI presence
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️ Development Potential
- Luxury Residential Apartments
- Premium Office Spaces
- Mixed-Use Commercial Complex
- Boutique Hotel or Serviced Apartments
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Victoria Island Advantages
- Lagos' premier commercial and diplomatic enclave
- World-class infrastructure and 24/7 security
- Proximity to corporate headquarters, five-star hotels, and financial institutions
- Consistently high rental demand and capital appreciation
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Investment Analysis
Metric This Deal Market Value
Total Land Value ₦500M ₦1,000M
Immediate Equity Gain - ₦500M
Price per SQM ₦1.25M ₦2.5M
Savings 50% -
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Ideal For
- Smart investors seeking instant equity growth
- Developers targeting high-return VI projects
- Corporations establishing premium presence
- Discerning buyers valuing location and value
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Urgent Action Required -- Limited Availability
This is a genuine rock-bottom priced entry into Victoria Island -- an opportunity that rarely surfaces in this premium location.
Serious buyers should act immediately:
1. Express firm interest -- extremely limited availability
2. Review allocation documents -- verify title progression
3. Conduct site inspection -- experience prime location
4. Secure with 10% facilitator's fee -- payable upon successful transaction
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This isn't just a good deal -- it's a strategic acquisition at 50% below market value!
Contact us NOW before this exceptional opportunity is gone.
Victoria Island opportunities at this price point are truly once in a lifetime.
Property Details
| Property Ref: 3165040 | Added On: 23 Oct 2025 | Last Updated: 23 Oct 2025 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 400 sqm |
| Covered Area: 400 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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