36,570 Sqm Of Land
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Property Description
Direct sale 36,570 SQM OF LAND -- VICTORIA ISLAND, LAGOS*
_This portion of Land is 20,000 sqm and 16,570 sqm combined._
Location: Thee land is specifically located at the Junction of Akin Adesola Street, Ahmadu Bello Way, Tiamiyu Savage Street, and Karimu Kotun Street, Victoria Island, Lagos.
_Accessibility and Surrounding Properties and Features: _
Facing Eko Atlantic City/Bar Beach side from Ahmadu Bello Way.
Facing the Avenue Suites Hotel and DSTV on Tiamiyu Savage, IMB and Skye Bank from Akin Adesola Street side and Karimu Kotun Street on the right side.
*List of Available documents on the land - Advantages: *
_Certificate of Occupancy and Deed of Assignments_
We have requested, paid and obtained a planning approval based on a old design consisting of Eight commercial towers of fifteen (15) floors each.
Therefore, Construction work can start immediately, while the company applies for approval for amended drawings, without having to pay any extra costs. Getting the approval for amended drawings will easier and faster to get (a new building planning approval can take more than 1 year to get).
Moreover, you can increase the building approved area if need be. _We have permission from Lagos State to construct as high as forty (40) Floors._ Please note that official payments made for the _original planning approval are about US$ 5 million._
*List of Available reports/approvals:*
1- Soil Investigation Report
2- Traffic Impact Analysis
3- Environmental Impact Analysis
4- Building planning approvals for the two lands
_*Additional info*:_
Saving on Registration fee: The lands already registered which you can acquire, free of any lien or encumbrances, thus enormous cost of registration saved and just about 1 week to transfer the companies to your nominees.
Savings on the piling: Required piles of 20 meters deep & 60 cms diameter/width make low cost of each pile. This is low, compared to other lands where piles might even cost you up to 3 times more. (40meters deep with 120cm diameter/width)
*Price. $42m *20,000sqm*
*Price $35m- *16,570sqm*
_*Can be sold separately*_
Property Details
| Property Ref: 639265 | Added On: 06 Jun 2020 | Last Updated: 03 Apr 2022 |
| Market Status: Not Available | Type: Mixed-use Land |
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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