Nigeria Property Centre

Residential land for sale

8, 000 SQM Land

Walter Carrington Crescent, Victoria Island (VI), Lagos
$20,000,000 ₦26,940,202,380
#363-628-6 22 Aug 2026
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Residential Property type

About this property

Location: Walter Carrington Crescent, Victoria Island, Lagos Property Type: Land Land Size: 8,000 SQM Asking Price: US$20 Million Title: Land Certificate Transaction: Sale Property Overview An exceptional opportunity to acquire a substantial 8,000 SQM parcel of land on Walter Carrington Crescent, Victoria Island, Lagos, one of the most prominent and strategically positioned areas on Lagos Island. The size of this property makes it particularly attractive to developers, institutional investors, corporate organisations, hospitality operators, and high-net-worth investors seeking a sizeable development site in a prime Victoria Island location. With 8,000 SQM of land, the property offers significant flexibility for a major development project, subject to applicable planning regulations, zoning requirements, and development approvals. Zahari View Large parcels of land in established prime locations such as Victoria Island present a unique opportunity for investors seeking substantial development potential. The property's 8,000 SQM land area and strategic Walter Carrington Crescent address make it suitable for buyers with ambitious development plans who want to establish a major project in one of Lagos' most valuable commercial and residential districts. Its location also provides proximity to major corporate offices, diplomatic establishments, luxury residences, hospitality facilities, restaurants, and other key destinations across Victoria Island and Lagos Island. Key Property Highlights 8,000 SQM substantial landholding Prime Walter Carrington Crescent location Victoria Island, Lagos Land Certificate Suitable for large-scale development, subject to approvals Attractive for institutional and private investors Strategically positioned within a premium Lagos district Suitable for various potential development concepts, subject to permitted use Potential Development Opportunity Given the substantial land size and strategic location, the property may be considered for high-end residential, commercial, hospitality, mixed-use, or institutional development, subject to zoning, planning regulations, and the necessary approvals. For developers, the sizeable landholding provides room to explore a comprehensive development concept rather than a small-scale project. Investment Perspective The combination of 8,000 SQM of land and a prime Victoria Island location makes this an opportunity for investors seeking a significant real estate asset in Lagos. Prospective buyers should conduct comprehensive title, survey, planning, zoning, and legal due diligence before proceeding with the transaction. Asking Price US$20 Million Secure This Prime Property If you are looking for a large development site for sale in Victoria Island, Lagos, this 8,000 SQM property on Walter Carrington Crescent offers a rare opportunity to secure a substantial landholding in a prime location. Contact Zahari Properties for further property details, documentation review, inspection arrangements, and purchase enquiries. Serious investors and developers are welcome.

Property details

Reference ID #363-628-6
Listed by Zahari Properties
Property type Residential Land
Listing status Residential land for sale

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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