A Prime 1,300 Sqm Joint Venture Land
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Property Description
EXCLUSIVE JOINT VENTURE (JV) OPPORTUNITY
LOCATION: VICTORIA ISLAND, LAGOS
Prime commercial development opportunity in the heart of Victoria Island's prestigious business district. This is a highly attractive and closable JV mandate for reputable developers and institutional investors seeking a landmark commercial asset in one of Lagos' most sought-after corporate locations.
PROPERTY DETAILS:
Location: Victoria Island, Lagos
Land Size: 1,300 SQM
Title: CofO
Land Value: ₦3.8 Billion
Premium:₦500 Million
PROPOSED DEVELOPMENT:
A modern, world-class serviced office complex comprising:
- Ground Floor Parking Facility
- Grand Reception Area
- Executive Lounge
- Multiple Floors of Premium Serviced Office Suites
- High-Speed Elevators
- Dedicated Power Infrastructure
- Independent Water Supply System
- Comprehensive Security Architecture
- Professional Landscaping and Outdoor Spaces
JOINT VENTURE STRUCTURE:
The property owner seeks a capable development partner to collaborate on:
- Project Design
- Financing
- Construction
- Commercialization and Asset Management
Sharing ratio shall be determined based on land contribution, development cost, financing structure, and overall project risk allocation.
Facilitator Fee:10% Upon Successful Transaction Close
INVESTMENT HIGHLIGHTS:
- Prime Victoria Island commercial address
- Strong and consistent corporate demand
- Excellent rental income potential
- Significant long-term capital appreciation
- Ideal for corporate headquarters, professional service firms, and serviced office operators
- Opportunity to develop a landmark commercial asset in Lagos' premier business district
Ref:000412
INVITATION FOR EXPRESSION OF INTEREST:
This opportunity is strictly open to experienced developers, institutional investors, and investment groups with a proven track record of delivering premium commercial developments within Victoria Island and its environs.
Interested parties are required to submit an Expression of Interest (EOI) together with a development proposal for consideration.
Property Details
| Property Ref: 3536109 | Last Updated: 21 Jun 2026 | Market Status: Available |
| Type: Commercial Land | Total Area: 1,300 sqm |
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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6 Behind Iyanga Market, Asaba, Delta, Nigeria
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+2348151917169
Registered 5 years ago
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