Nigeria Property Centre

Residential Land for Sale in Victoria Island (VI), Lagos

There are 113 land for sale in Victoria Island (VI) as of 3 Nov 2026, with an average price of ₦3.5B. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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8, 000 SQM Prime Land — Walter Carrington Crescent, Victoria Island, Victoria Island (VI), Lagos
Premium
1
$20,000,000

Residential land for sale

8, 000 SQM Prime Land

A substantial 8,000 SQM landholding on Walter Carrington Crescent, Victoria Island, offered for sale at US$20 Million. The property presents a rare opportunity to acquire a sizeable parcel of land within one of Lagos' most established premium commercial and residential districts. Property Details Location: Walter Carrington Crescent, Victoria Island, Lagos Property Type: Land Land Size: 8,000 SQM Asking Price: US$20,000,000 Title: Land Certificate Transaction: Sale Zahari View This is a significant land acquisition opportunity in Victoria Island, particularly suited to developers, institutional investors, corporate organisations and high-net-worth buyers seeking a sizeable development site in a strategic Lagos location. The property's 8,000 SQM footprint provides substantial development potential, subject to applicable planning regulations, zoning requirements and statutory approvals. Its position on Walter Carrington Crescent further enhances its appeal for buyers seeking a prominent address within Victoria Island. Why This Property Deserves Attention Prime Walter Carrington Crescent location Substantial 8,000 SQM landholding Strategic Victoria Island positioning Suitable for large-scale development, subject to approvals Relevant to institutional and private investors Potential for premium residential, commercial, hospitality or mixed-use development, subject to permitted use Land Certificate stated as title Asking price of US$20 Million Development & Investment Perspective The scale of this landholding makes it particularly relevant to buyers considering a significant development project rather than a conventional residential acquisition. Potential development concepts may include premium residential, commercial, hospitality, institutional or mixed-use projects, depending on the property's approved planning parameters and permitted use. For investors, the acquisition should be assessed based on the combination of land size, location, development potential, surrounding infrastructure, accessibility and long-term market positioning. Buyer & Investor Note Given the size and value of the transaction, prospective buyers should conduct comprehensive due diligence before making any financial commitment. This should include verification of the Land Certificate, survey plan, exact land boundaries, ownership, encumbrances, planning and zoning parameters, permitted development density, access rights and applicable statutory approvals. Buyers should also commission appropriate legal, technical and planning assessments to determine the property's development potential and total project cost. Documentation: Land Certificate stated as available for verification upon serious interest and vendor authorisation. Asking Price US$20,000,000 Twenty Million United States Dollars. This is a premium land acquisition opportunity intended for serious and qualified buyers, developers and institutional investors. Serious Enquiries If you are searching for 8,000 SQM land for sale in Victoria Island, a development site on Walter Carrington Crescent, or a substantial landholding suitable for a major Lagos property project, this opportunity deserves serious consideration. Private inspections and additional property information can be arranged upon serious interest, subject to vendor approval and agreed viewing arrangements. Contact Zahari Properties Call/WhatsApp: 0803 384 8156 Call/WhatsApp: 0907 301 3359 Zahari Properties Premium Property Sales Property Acquisition Real Estate Investment Opportunities Disclaimer: Property information, price, availability, land size, title documentation and development potential are subject to verification and confirmation. Prospective buyers are advised to conduct appropriate independent legal, technical and planning due diligence before completing any property transaction.

Walter Carrington Crescent, Victoria Island, Victoria Island (VI), Lagos
Zahari Properties
4192SQM Land — Water Corporation Drive, Oniru, Victoria Island (VI), Lagos
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1
₦6,288,000,000

Residential land for sale

4192SQM Land

4192 sqm Land @ Remi Olowude Street, Lekki. Title Document is Lagos State C of O. Price is N6.288b For further Enquires Please Contact Ahmed Ojikutu & Associates 1,Dele Adedayo Street, Ramat Ogudu GRA, Lagos State. 08037222205, 08051647747, 08098525477 Email: [email protected] [email protected] Website:ahmedojikutunassociates.com.ng

Water Corporation Drive, Oniru, Victoria Island (VI), Lagos
4192 sqm
Ahmed Ojikutu & Associates
Premium
₦2,000,000,000

Residential land for sale

Residential Land in a Very Serene Location

Land for sale at Victoria Island esv fol. About 700sqm for 2Bn in Oko Awo street Victoria Island with Lagos State C of O.

Oko Awo Street, Victoria Island (VI), Lagos
700 sqm
Solution Empire Homesphere Limited
Bare Land Measuring 4,176SQM — Akin Ogunlewe Street, Victoria Island (VI), Lagos
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1
₦3,000,000 per sq.m

Residential land for sale

Bare Land Measuring 4,176SQM

4,176 sqm bare plot with Lagos C of O on Akin Ogunlewe Street, Victoria Island is available for quick sale (perfect for a mini estate development). Price: 3m per m2

Akin Ogunlewe Street, Victoria Island (VI), Lagos
4176 sqm
Breathing Space
34,000 SQM Residential Land — Eko Atlantic City, Victoria Island (VI), Lagos
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$2,500 per sq.m

Residential land for sale

34,000 SQM Residential Land

Property Details Location: Eko Atlantic City, Victoria Island, Lagos Property Type: Land Available Plot Size: 34,000 SQM Price: US$2,500 per SQM Estimated Total Asking Price: US$85 Million Transaction: Sale Use: Residential, Commercial or Mixed-Use Development Title / Documentation: Available for Verification Additional Plot Sizes: May be available upon request Zahari View a substantial 34,000 SQM landholding in Eko Atlantic City, Victoria Island, positioned for consideration by developers, institutional investors and organisations seeking a large-scale development opportunity within one of Lagos's major planned urban districts. At the stated price of US$2,500 per SQM, the 34,000 SQM parcel represents an asking price of approximately US$85 Million, subject to confirmation of the exact plot, pricing and transaction terms. The scale of this landholding makes it materially different from smaller individual development plots. The appropriate assessment should therefore go beyond land size and asking price to examine the exact location within Eko Atlantic City, designated land use, development controls, infrastructure requirements, documentation and the proposed development scheme. Property Highlights 34,000 SQM substantial landholding Located in Eko Atlantic City, Victoria Island, Lagos Asking price: US$2,500 per SQM Approximate total asking price: US$85 Million Suitable for residential development Suitable for commercial development Suitable for mixed-use development Large-scale development opportunity Additional plot sizes may be available upon request Documentation available for verification Why This Property Deserves Attention The defining feature of this opportunity is scale. A 34,000 SQM site provides considerably more development area than a conventional residential plot and may be relevant to developers considering substantial residential, commercial or mixed-use schemes. The location within Eko Atlantic City is another important consideration. For an acquisition of this size, prospective buyers should assess the specific position of the parcel within the development, its surrounding infrastructure and the relationship between the proposed project and the wider master-planned environment. The exact plot location is particularly important because land within a large development can have different planning parameters, designated uses and development controls depending on its specific position. Development & Investment Perspective a large landholding of this nature should be approached from a master-development perspective. Potential development concepts could include residential schemes, commercial projects or mixed-use developments, depending on the designated use and applicable approvals for the specific parcel. For institutional investors and major developers, the size of the land may provide room to consider a more comprehensive development strategy rather than a single-building project. However, prospective buyers should not assume that every proposed use or development density is automatically permitted. The feasibility of any project should be established through appropriate planning, architectural, engineering, legal and financial assessments. Investor / Developer Note Before proceeding with an acquisition of this scale, serious buyers should conduct comprehensive due diligence covering: Exact plot identification and location Title and ownership verification Designated land use Applicable development controls Permitted development density Building height and planning parameters Infrastructure and utility requirements Access and road network Development and service charges, where applicable Site dimensions and survey information Existing obligations or encumbrances Development feasibility and projected project economics The us$2,500/sqm pricing should also be confirmed against the exact parcel selected, particularly if additional plot sizes are available. Documentation Title / Documentation: Available for Verification Prospective buyers should conduct independent legal and professional verification of the documentation relating specifically to the selected parcel before making any financial commitment. For a transaction of this magnitude, buyers may wish to engage qualified legal, surveying, planning, architectural and financial professionals to independently assess the opportunity. Property Intelligence Beyond the Listing At Zahari Properties, we believe large property acquisitions require more than simply identifying available land. For a site of 34,000 SQM, understanding the relationship between land size, location, planning controls, designated use and development economics is essential. The right questions are not only "How much land is available?" and "What is the price per square metre?", but also: Where exactly is the parcel? What can legally be developed there? What are the applicable planning parameters? What infrastructure obligations apply? And does the proposed development make commercial sense? These considerations can significantly influence the real value and usability of a large development site. Asking Price US$2,500 per SQM 34,000 SQM × US$2,500 = US$85 Million Final pricing, availability and transaction terms are subject to confirmation. Additional Plot Sizes Additional plot sizes may be available upon request, providing prospective developers with the opportunity to explore land requirements according to their intended project scale. For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Plot size, exact location, pricing, title, designated land use, development controls, infrastructure obligations and availability should be independently verified for the specific parcel selected before making an offer or completing a transaction.

Eko Atlantic City, Victoria Island (VI), Lagos
Zahari Properties
1150 SQM with 18 Rooms Old Structure (Demolishable) — Off Ajose Adeogun Street, Behind Zenith Bank HQ, Victoria Island (VI), Lagos
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1
₦3,500,000,000

Residential land for sale

1150 SQM with 18 Rooms Old Structure (Demolishable)

Residential Land - V.I, Lagos a 1,150m² land, with an old detached property, is available for urgent sale. Location: Off Ajose Adeogun Street, behind Zenith Bank HQ, Victoria Island, Lagos. Title: C of O Price: ₦3.5B

Off Ajose Adeogun Street, Behind Zenith Bank HQ, Victoria Island (VI), Lagos
1150 sqm
Sotheby's Realty Limited
700 SQM Land — Oko-Awo Street, Victoria Island (VI), Lagos
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₦2,200,000,000

Residential land for sale

700 SQM Land

Property Details Location: Oko-Awo Street, Victoria Island, Lagos Property Type: Land Land Size: 700 SQM Asking Price: ₦2.2 Billion Transaction: Sale Title: Lagos State C of O Zahari View a 700 SQM landholding on Oko-Awo Street, Victoria Island, offering a comparatively compact development parcel within one of Lagos's established central property districts. The location makes this property relevant to buyers, private developers and investors assessing land opportunities within the Victoria Island market. Its 700 SQM size provides a defined site for evaluating a focused development scheme, subject to the applicable planning framework. Prospective buyers should establish the property's permitted land use, development density, building parameters, setbacks, access requirements and other planning controls before determining its full development potential. The stated Lagos State C of O should also be independently verified as part of the acquisition process. Property Highlights 700 SQM land size Located on Oko-Awo Street, Victoria Island Central Lagos location Suitable for consideration for residential or other permitted development uses Compact development parcel Lagos State C of O Asking price: ₦2.2 Billion Why This Property Deserves Attention For buyers looking at Victoria Island, the combination of location and manageable land size can be an important consideration. A 700 SQM parcel allows a prospective developer to focus on a defined development concept rather than taking on the scale and capital requirements associated with a much larger landholding. However, the commercial value of the opportunity should be assessed against the specific planning conditions applicable to Oko-Awo Street. The intended use of the property, allowable density, setbacks, parking requirements and building height can all influence the project's feasibility. This makes professional planning and legal due diligence particularly important before acquisition. Development Perspective The property should be evaluated according to the development controls applicable to its exact location. Depending on the permitted use and planning parameters, prospective buyers may assess the feasibility of a suitable residential, commercial or mixed-use concept. However, no particular development use should be assumed until the relevant planning information has been confirmed. For developers, important considerations include: Permitted land use Building setbacks Site coverage Development density Allowable building height Parking requirements Road access Drainage and infrastructure Applicable planning approvals Project construction and financing costs The actual development capacity should be determined through appropriate professional planning, architectural and engineering assessment. Investor / Buyer Note Before making an offer, serious buyers should conduct independent due diligence covering: Verification of the Lagos State C of O Ownership and title history Survey and exact site dimensions Confirmation of property boundaries Permitted land use Applicable planning regulations Development restrictions Access and road conditions Existing encumbrances, if any Development feasibility Current market comparables The stated 700 SQM land size and title should be independently verified before any transaction is concluded. Documentation Title: Lagos State C of O The stated title is subject to independent verification by the prospective buyer and their appointed legal and property professionals. Property Intelligence Beyond the Listing At Zahari Properties, we believe acquiring land in a central Lagos location requires more than simply confirming the asking price. For a 700 SQM property in Victoria Island, buyers should understand how the title, exact location, permitted use and planning parameters translate into actual development potential. A smaller parcel can still represent a substantial acquisition, making it important to establish the site's legal and physical characteristics before committing capital. Prospective buyers are encouraged to inspect the property, verify the documentation and obtain professional planning advice before proceeding. Asking Price ₦2.2 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Land size, location, title, permitted use, planning parameters, access and development potential should be independently verified by the prospective buyer before making an offer or completing a transaction.

Oko-Awo Street, Victoria Island (VI), Lagos
Zahari Properties
2,300 SQM Residential Land — Eko Atlantic City, Victoria Island (VI), Lagos
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$1,600 per sq.m

Residential land for sale

2,300 SQM Residential Land

Location: Eko Atlantic City, Victoria Island, Lagos Property Type: Development Land Land Size: 2,300 SQM Price: US$1,600 per SQM Total Asking Price: US$3.68 Million Transaction: Sale Title / Documentation: Available for Verification Zahari View a substantial 2,300 SQM landholding within Eko Atlantic City, Victoria Island, Lagos, offering a strategic opportunity for investors, developers and institutions seeking development land within one of Lagos' prominent waterfront urban developments. The scale of the land provides room for a substantial residential, commercial or mixed-use development, subject to applicable planning regulations, development guidelines and required approvals. At an asking price of US$1,600 per SQM, the total asking price is US$3.68 Million, positioning this as a development-focused acquisition for buyers looking at land with significant development potential. Why This Property Deserves Attention 2,300 SQM sizeable landholding Located within Eko Atlantic City Prime Victoria Island, Lagos location Suitable for substantial development Potential for residential, commercial or mixed-use use, subject to approvals Waterfront urban development environment Suitable for developers and strategic property investors Price: US$1,600 per SQM Total asking price: US$3.68 Million Development & Investment Perspective The size of this property makes it particularly relevant to developers looking beyond conventional residential plots. A 2,300 SQM landholding can provide the scale required for a more substantial development concept, depending on the permitted land use, density, building regulations and applicable planning requirements. For investors, the key consideration should be the relationship between the acquisition cost, permitted development, construction costs, projected revenue and long-term market demand. Prospective developers should also evaluate the development guidelines applicable within Eko Atlantic City before determining the highest and best use of the land. Investor Note Before acquisition, interested parties should independently verify: Title and ownership documentation Development rights and permitted use Applicable planning and building regulations Development density and allowable building parameters Estate/development management requirements Infrastructure and service obligations Transfer and registration requirements Projected development and construction costs Professional legal, planning and technical due diligence is recommended before committing to the transaction. Documentation Title / Documentation: Available for verification. All documentation should be independently reviewed and verified by the purchaser and their appointed legal professionals before completion. Property Intelligence Beyond the Listing At Zahari Properties, we believe serious property decisions require more than a listing. Whether you are acquiring land for development or evaluating a strategic investment opportunity, understanding the title, location, development potential, planning requirements and overall project economics is essential. Our goal is to help buyers and investors identify opportunities and make informed property decisions. Asking Price US$1,600 per SQM Total Asking Price: US$3.68 Million For Enquiries & Inspections Zahari Properties +234 803 384 8156 +234 907 301 3359 www.zaharihub.com Zahari Properties Points in the right direction. Disclaimer: Property information, pricing, availability and documentation are subject to confirmation. Prospective buyers should conduct independent legal, planning, physical and financial due diligence before making payment or entering into a property transaction.

Eko Atlantic City, Victoria Island (VI), Lagos
Zahari Properties
Residential Land Measuring 1,470SQM with Structure — Off Bishop Aboyade Cole/Off Ozumba Mbadiwe, Victoria Island (VI), Lagos
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₦3,000,000 per sq.m

Residential land for sale

Residential Land Measuring 1,470SQM with Structure

1,470 Sqms for sale in Victoria Island. 1,470 Sqms with structures. Location: Off Bishop Aboyade Cole/Off Ozumba Mbadiwe, Victoria Island, Lagos. Structures comprising: - 3 bedroom duplex - 1no 3-bedroom flat - 1no 2 bedroom flat - 1no 1bedroom flat - 4 rooms boysquater Land size: 1,470 sqms. Title: Land Certificate. Price: N3m per sqm.

Off Bishop Aboyade Cole/Off Ozumba Mbadiwe, Victoria Island (VI), Lagos
1470 sqm
Breathing Space
Bare Land — Eko Atlantic City, Victoria Island (VI), Lagos
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$1,500

Residential land for sale

Bare Land

Bare land in Eko Atlantic City Victoria island Lagos. Usd1,500 per sqm Size 2,006 There is a client interested and looking for someone to share the land.

Eko Atlantic City, Victoria Island (VI), Lagos
2006 sqm
Brookstel Properties LTD
1,600 Square Metre-Land — Victoria Island (VI), Lagos
Premium
8
₦4,000,000,000

Residential land for sale

1,600 Square Metre-Land

1,600 square metre-land with 2 units of 5-bedroom Semi-detached house, on each wing, off Sanusi Fafunwa Street, Victoria Island, Lagos. Title: Lagos State CofO.

Victoria Island (VI), Lagos
5 beds 5 baths 6 toilets
Aj Realty Solutions
1521 Sq MTS Parcel of Land with 4 Nos of Bungalows — Transit Village, Adetokunbo Ademola Street, Victoria Island (VI), Lagos
Premium
4
₦2,500,000 per sq.m

Residential land for sale

1521 Sq MTS Parcel of Land with 4 Nos of Bungalows

For sale at transit village, adetokunbo ademola street, victoria island, lagos: 1521 sq mts parcel of land with 4 nos. Bungalows facing 2 streets at transit Village with a good title. Buyer must be prepared to build high rise building. Asking Price:N2.5m per sq mts

Transit Village, Adetokunbo Ademola Street, Victoria Island (VI), Lagos
1521 sqm
Douglas Okoye & Co
800SQM Residential Land — Orange Island, Victoria Island (VI), Lagos
Premium
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₦800,000 per sq.m

Residential land for sale

800SQM Residential Land

Direct brief talking to the owner 800sqm residential land for sale in orange island Price 800k per sqm

Orange Island, Victoria Island (VI), Lagos
Nextphase Realtors
Land — Olosa Street, Off Adetokunbo Ademola Street, Victoria Island (VI), Lagos
Premium
1
₦2,247,000,000

Residential land for sale

Land

Land for sale --- victoria island, lagos Location: Olosa Street, off Adetokunbo Ademola Street, Victoria Island, Lagos Land Size: 642 SQM Title: Lagos State C of O Price: ₦3.5 Million per SQM Total Asking Price: ₦2.247 Billion Strategically located property in the heart of Victoria Island, ideal for premium residential or commercial development. BGM Realty Premium Properties. Strategic Investments. Pjv

Olosa Street, Off Adetokunbo Ademola Street, Victoria Island (VI), Lagos
1000 Parking 642 sqm
Best Grand Masters Realty
800SQM Residential Land, Corner Piece — Oniru, Victoria Island (VI), Lagos
Premium
4
₦1,600,000,000

Residential land for sale

800SQM Residential Land, Corner Piece

# Just in -- prime land for sale ## Prime 800SQM Bare Land (Corner Piece) Location: Bosun Adekoya Street, Off Akiogun Road, Oniru, Victoria Island, Lagos. Land Size: 800 SQM (Corner Piece) Price: ₦1.6 Billion (Slightly Negotiable) Title: Governor Consent

Oniru, Victoria Island (VI), Lagos
800 sqm
316 Clean and Property Enterprise
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₦18,000,000,000

Residential land for sale

4500 SQM Waterfront Land

Waterfront land victoria island 4,500 SQM Waterfront Land Ozumba Mbadiwe, VI Prime waterfront development site in Lagos. Suitable for luxury residential, hospitality, mixed-use or commercial use (subject to approvals). Sales Price: N18bn Title: Lagos State Certificate of Occupancy

Ozumba Mbadiwe, Victoria Island (VI), Lagos
4500 sqm
Kehinde Akintobi & Co. Limited
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₦4,300,000,000

Residential land for sale

1,106SQM Residential Land Comprising Two Detached Buildings

1,106sqm and comprises two detached buildings Amodu Ojikutu Street, Victoria Island ₦4,2bn net

Amodu Ojikutu, Victoria Island (VI), Lagos
Heavensent Properties
1471 SQM Residential Land in a Prime Location — Off Bishop Aboyade Cole Street, Victoria Island (VI), Lagos
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₦2,500,000 per sq.m

Residential land for sale

1471 SQM Residential Land in a Prime Location

Victoria island direct sale - verified & closeable Location: Off Bishop Aboyade Cole Street, Victoria Island, Lagos Title: Land Certificate (Excellent Title) Property Description NB: Land has distressed/demolishable structures on it. Land size: 1,471 sqm Price: N2.5M per sqm (Total: N3.6775B net) Terms: No split sale. Owner wants to sell as a whole. Ideal for luxury redevelopment - Duplexes, Apartments or Commercial.

Off Bishop Aboyade Cole Street, Victoria Island (VI), Lagos
1471 sqm
Verarch Homes Limited
Land — Eko Atlantic City, Victoria Island, Lagos, Victoria Island (VI), Lagos
Premium
1
$2,500 per sq.m

Residential land for sale

Land

Property Details Location: Eko Atlantic City, Victoria Island, Lagos Property Type: Land Land Size: 6,298 SQM Phase: 1/2 Price: US$2,500 per SQM Total Asking Price: US$15.745 Million Transaction: Sale Title: Lagos State Certificate of Occupancy (C of O) Zahari View This 6,298 SQM landholding in Eko Atlantic City, Victoria Island, represents a substantial development site within one of Lagos's major planned urban developments. The size of the landholding makes it relevant to buyers assessing large-scale development opportunities. However, the practical development potential should be established through verification of the exact plot location, zoning, permitted density, allowable building height, development guidelines and applicable Eko Atlantic planning controls. For prospective buyers, the assessment should therefore go beyond the stated land size and price per square metre. The specific plot allocation, development rights and applicable planning requirements should be independently confirmed before acquisition. Property Highlights 6,298 SQM landholding Located in Eko Atlantic City, Victoria Island Phase 1/2 Asking price of US$2,500 per SQM Total asking price: US$15.745 Million Lagos State C of O Substantial development footprint Suitable for assessment as a large-scale development site Exact zoning and development parameters to be independently confirmed Why This Property Deserves Attention The property's 6,298 SQM land size provides a substantial development footprint and may be relevant to developers assessing projects that require a larger site area. Its location within Eko Atlantic City also makes the development framework an important part of the acquisition assessment. Buyers should establish the precise plot position, applicable phase requirements and the development controls governing the specific site. The stated price of US$2,500 per SQM provides a basis for evaluating the acquisition cost, but prospective buyers should also consider the total development economics, including applicable infrastructure, construction, professional and regulatory costs. Buyer's Perspective Before purchasing, prospective buyers should request detailed information about: Exact plot number and location Confirmed land boundaries and survey Phase allocation Zoning designation Permitted land use Development density Allowable building height Plot coverage requirements Setback requirements Road access Infrastructure provisions Eko Atlantic development guidelines Applicable service or estate obligations Title and ownership documentation Development approval requirements Any restrictions or encumbrances affecting the site These details can help establish what can practically and legally be developed on the land. Investment Perspective For an investment-focused purchaser, the assessment should include the US$15.745 million acquisition price, land size, development rights, permitted density, construction economics, infrastructure obligations and intended development strategy. The substantial size of the site may be relevant to developers considering larger-scale projects, but the investment case should be based on the specific development rights and verified planning parameters attached to the plot. Prospective investors should therefore model the total project cost and intended end use against current market conditions before proceeding. Investor / Buyer Note Serious buyers should conduct independent due diligence covering: Verification of the Lagos State C of O Ownership verification Exact plot number and location Survey and boundary confirmation Phase verification Zoning confirmation Permitted land use Development density Maximum permissible height Plot coverage Setback requirements Road access and frontage Infrastructure arrangements Eko Atlantic planning guidelines Development approval process Estate or infrastructure-related obligations Existing restrictions or encumbrances Feasibility of the proposed development a professional survey, planning assessment and legal review are strongly recommended before proceeding with the acquisition. Documentation The stated Lagos State Certificate of Occupancy (C of O) should be made available for independent verification by serious prospective buyers. Buyers should also obtain the relevant plot allocation, survey information, zoning details and applicable development guidelines for the specific site. Appropriate legal, surveying, planning and development professionals should be engaged to verify the documentation and establish the development parameters before completing the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe a large development site should be assessed based on what can legally, practically and economically be developed on the land. For this 6,298 SQM holding in Eko Atlantic City, the size and location are only part of the assessment. The specific plot position, zoning, development density, permissible height, infrastructure requirements and applicable planning controls can significantly influence the development strategy. The stated US$2,500 per SQM should therefore be considered alongside the total acquisition cost and projected development requirements. During due diligence, buyers should establish the precise development rights attached to the property before determining whether the site aligns with their intended large-scale development or investment strategy. Asking Price US$2,500 per SQM Total Asking Price: US$15.745 Million For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Land size, title, ownership, plot allocation, phase, zoning, permitted land use, development density, building height, infrastructure obligations, planning requirements and other property information should be independently verified by the prospective buyer before making an offer or completing a transaction.

Eko Atlantic City, Victoria Island, Lagos, Victoria Island (VI), Lagos
Zahari Properties
1,500 SQM Land Property — Akin Adesola Street, Victoria Island, Lagos, Victoria Island (VI), Lagos
Premium
1
$6,000,000

Residential land for sale

1,500 SQM Land Property

Property Details Location: Akin Adesola Street, Victoria Island, Lagos Property Type: Property / Development Site Land Size: 1,500 SQM Price: US$6 Million Transaction: Sale Title: Lagos State Certificate of Occupancy (C of O) Zahari View This 1,500 SQM property on Akin Adesola Street, Victoria Island, presents a substantial holding within an established central Lagos district with a mix of commercial, residential, hospitality and business activity. The size and location make the property relevant to buyers assessing different development strategies. However, the property's existing improvements, approved land use and applicable development parameters should be independently established before any development or acquisition decision is made. For prospective buyers, particular attention should be given to the current condition of the property, title, permitted use, planning requirements, development potential and the economics of the intended end use. Property Highlights 1,500 SQM land size Located on Akin Adesola Street, Victoria Island Established central Lagos location Lagos State C of O Existing property improvements Potential for assessment as a development or investment site Relevant to commercial, hospitality or mixed-use considerations, subject to approvals Asking price: US$6 Million Why This Property Deserves Attention The 1,500 SQM site provides a substantial footprint within Victoria Island, allowing prospective buyers to assess the property beyond its existing configuration. Akin Adesola Street is situated within a part of Victoria Island characterised by significant commercial and business activity, making the property's surrounding environment relevant when considering its potential use. For a property at this price point, however, buyers should establish exactly what the existing title and planning framework permit. The approved land use, development parameters, building restrictions and condition of any existing improvements should form part of the acquisition assessment. Buyer's Perspective Before purchasing, prospective buyers should request detailed information about: Exact land boundaries and survey details Existing structures and improvements Current physical condition Approved land use Existing planning approvals Development density Building height restrictions Setback requirements Parking requirements Access and road frontage Drainage and infrastructure Environmental considerations Title and ownership documentation Any existing encumbrances or restrictions Applicable development requirements These details can help determine the practical development options available to the buyer. Investment Perspective For an investment-focused purchaser, the assessment should consider the US$6 million acquisition price, land size, location, permitted use, existing improvements, redevelopment costs and intended investment strategy. Depending on verified planning information, the site may be assessed for commercial, hospitality or mixed-use development. However, the feasibility of each option should be established through professional planning, legal and financial analysis rather than assumed from the property's location. Investors should therefore evaluate the total acquisition and development cost against the intended end use and current market conditions. Investor / Buyer Note Serious buyers should conduct independent due diligence covering: Verification of the Lagos State C of O Ownership verification Survey plan and land boundaries Physical inspection of the property Assessment of existing structures Approved land use Planning and development approvals Development density Building height limitations Setback requirements Parking requirements Road access and frontage Drainage and utility infrastructure Environmental requirements Existing encumbrances Feasibility of the proposed development Applicable government requirements a professional survey, planning assessment and legal review are strongly recommended before proceeding with the acquisition. Documentation The stated Lagos State Certificate of Occupancy (C of O) and relevant property documentation should be made available for independent verification by serious prospective buyers. Where development or redevelopment is being considered, buyers should also verify the existing approvals, permitted land use and applicable planning requirements with the relevant authorities. Appropriate legal, surveying, planning and property professionals should be engaged before completing the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe a substantial property in Victoria Island should be evaluated based on more than its address and land size. For this 1,500 SQM property on Akin Adesola Street, the relationship between the existing improvements, title, permitted land use, development parameters and intended end use is particularly important. A buyer considering commercial, hospitality or mixed-use development should first establish what is legally and practically achievable on the site. The economics of any proposed redevelopment should then be assessed against the acquisition cost and associated development requirements. During inspection, buyers should therefore assess both the existing property and the wider development context before determining how the opportunity aligns with their investment objectives. Asking Price US$6 Million For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Land size, title, ownership, existing improvements, permitted land use, planning approvals, development parameters and other property information should be independently verified by the prospective buyer before making an offer or completing a transaction.

Akin Adesola Street, Victoria Island, Lagos, Victoria Island (VI), Lagos
Zahari Properties

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Area Guide

About Victoria Island (VI), Lagos

Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.

Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.

The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.

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FAQ

Frequently asked questions

The average price of residential land for sale in Victoria Island (VI), Lagos is ₦3,500,000,000.

Most residential land for sale in Victoria Island (VI), Lagos are priced between ₦2,200,000,000 and ₦4,500,000,000.

Prices for residential land for sale in Victoria Island (VI), Lagos go up to around ₦30,600,000,000.

Prices for residential land for sale in Victoria Island (VI), Lagos start from around ₦600,000,000.

There are 113 available residential land for sale in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.

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