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Mixed-use land for sale

1440 Square Meter Plot of Land Within Iconic Location

Off Ademola Adetokumbo, by 1004 Estate VI, Victoria Island (VI), Lagos
₦3,000,000 per square meter
#332-923-0 5 Feb
WhatsApp
1,440 m² Plot size
Mixed-use Property type

About this property

This property is a gold mine because it sits at the intersection of scarcity, scale, and demand. With 1,440sqm in a single stretch, right in Victoria Island's high-value zone near 1,004 Estate, this land is perfectly suited for a signature high-rise development the kind that attracts corporates, expatriates, and premium tenants. Developments in this axis do not struggle with occupancy; they compete on pricing power and brand positioning. That competitive pressure is already evident, with top-tier investors and banks showing interest. At ₦3 million per square meter, investors are entering at land value, while the real upside sits in vertical yield, long-term rental income, and capital appreciation. This is not a speculative opportunity it's a strategic asset play in one of Lagos' most defensible real estate markets.

Property details

Reference ID #332-923-0
Listed by Ben Wealth Properties
Property type Mixed-use Land
Listing status Mixed-use land for sale
Plot size 1,440 m²

Area guide — Victoria Island (VI)

Lagos

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-fille...

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, cosm...

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...

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 Is...

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 on...

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...

Read the full area guide for Victoria Island (VI), Lagos

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