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FOR SALE -- DIDEOLU, VICTORIA ISLAND
335 SQM Prime Residential Land Governor's Consent
₦600 Million ₦1,791,045 per SQM
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Property Overview
- Location: Dideolu Street, Victoria Island, Lagos -- a prestigious, quiet residential enclave within VI's coveted layout.
- Land Size: 335 SQM.
- Title: Governor's Consent -- perfected and bankable.
- Asking Price: ₦600,000,000.
- Price per SQM: ₦1,791,045.
- Status: Bare land, ready for development.
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Key Highlights
- Exclusive VI Address: Dideolu is one of Victoria Island's most desirable residential streets, offering tranquility, security, and proximity to the island's commercial and social hubs.
- Strong Title Security: Governor's Consent provides a perfected, transferable title -- ready for financing and immediate transaction.
- Discounted Pricing: At ₦1.79M/SQM, this represents attractive value for Victoria Island, where land typically ranges from ₦2M--₦3M/SQM depending on exact location and plot characteristics.
- Immediate Development: Bare land means no demolition costs -- construction can commence upon acquisition.
- Rare Offering: Plots of this size in Dideolu rarely come to market, especially with perfected title.
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️ Development Potential
335 SQM in this location is ideal for:
- Luxury Detached Villa: Elegant family home with courtyard and parking.
- Boutique Apartment Block: 6--8 high-end flats targeting corporate tenants.
- Corporate Guest House: Executive accommodation for multinationals.
- Embassy or Diplomatic Residence: Prestigious address with security and privacy.
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Market Context
- Per SQM Discount: At ₦1.79M/SQM, this is priced below current Victoria Island benchmarks, where similar titled plots in prime streets command ₦2M--₦2.5M/SQM.
- Comparable Context: Recent transactions in Dideolu and surrounding streets (Thompson, Muri Okunola) have closed between ₦1.9M--₦2.3M/SQM depending on size and exact location.
- Title Premium: Governor's Consent adds significant value and financing readiness.
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Ideal For: High-net-worth individuals seeking a titled VI plot for a custom home; developers targeting the luxury end of Victoria Island's residential market; investors wanting a bankable asset in Lagos's most established island location.
A rare, discounted 335 SQM offering in prime Dideolu, VI -- with Governor's Consent and ready for your vision.
| Property Ref: 3355929 | Added On: 23 Feb 2026 | Last Updated: 23 Feb 2026 |
| Market Status: Available | Type: Residential Land |
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.
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.
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.
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.
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.
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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