Property on Adeola Odeku Street, Victoria Island (VI), Lagos
There are 357 flats, houses, land and commercial properties for sale and rent in Victoria Island (VI). 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.
Prime Commercial Development Opportunity a rare opportunity to partner on a prime commercial development site in one of Lagos' most prestigious business districts. Location: Adeola odeku street, victoria island, lagos. Land size: 1,220 SQM Proposed Development: Commercial High-Rise Building (Up to 10 Floors). Title: C of O land value: ₦5.5 Billion. Premium: TBD facilitator's fee: 10% Requirements: - Letter of Intent (LOI) - Company Profile - Agency Letter - Proposal ref: Ffrt/rqjv1711rga/dwsm2026/07 afgaacgta Inno
Adeola Odeku Street, Victoria Island (VI), Lagos
Added today
1220 sqm
Peregrine Innovative Homes Limited
Premium
6
₦3,700,000per sq.m
Commercial land for sale
Prime 2000SQM Fenced Commercial Land
Fenced Commercial Land measuring 2000 sqm located along Adeola Odeku Street (Rear Plot -- not fronting Adeola Odeku Way), Victoria Island, Lagos. Features include: Suitable for development of contemporary Block of Apartments; Suitable for development of Specialized Office Building; High-traffic prone street; Flood-free neighbourhood; etc. Sale Price is NGN3,700,000 (THREE million seven hundred thousand NAIRA) per square meter. Title is Lagos State Governor's Consent. Agency Fee applies. All pricing are as at july 27, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.
Adeola Odeku Way, Victoria Island (VI), Lagos
2000 sqm
First Colony Real Estate Company LTD
Premium
25
₦35,000,000/yr
Flat / apartment for rent
New Built, Furnished, and Spacious 3 Bedroom Apartment
New Built, Spacious, and Fully Furnished 3 Bedroom Apartment with essential facilities/amenities within a serviced Residential Court of Twenty-Eight (28) Apartments located off Adeola Odeku Way, Victoria Island, Lagos. Accommodation details: Second Floor Apartment -- Spacious Living Area; Spacious Designated Dining Area (with Balcony); Open Kitchen (with option for temporal partition walls); 1st Bedroom (ensuite); 2nd Bedroom (ensuite); Ample Master Bedroom (ensuite) with Balcony. Other features: Fully Furnished Apartment; Fully fitted Kitchen; Good quality wardrobes; Good quality Sanitary Wares and Bathrooms; High quality fixtures and fittings; 1-Room Bq; etc. Facilities/amenities: 24-Hour Power Supply; Elevators; Swimming Pool; Gym; 24-Hour Corporate Security Personnel; Central Water Treatment Plant; Adequate Water Supply; Waste and Sewage Disposal; Fire detection and prevention system; Car-park for 2 cars per apartment; etc. Rent is NGN35,000,000 (THIRTY five million naira ONLY) per annum. Service Charge is NGN3M (excluding cost of Power/Diesel). Consolidated Diesel/Power Cost is NGN500/KWH. Refundable Security Deposit is NGN3.5M. Agency Fee and Legal Fee applies. All pricing are as at april 8, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.
Victoria Island (VI), Lagos
3 Beds
3 Baths
4 Toilets
2 Parking
First Colony Real Estate Company LTD
Premium
18
₦900,000,000
Terraced duplex for sale
4 Bedroom Terrace with BQ, Central Gym and a Swimming Pool
4 bedroom terrace with bq , central gym and a swimming pool off Adeola Odeku Victoria island Price : 900m
Victoria Island (VI), Lagos
Added yesterday
4 Beds
4 Baths
5 Toilets
3 Parking
Walse Luxury and Properties
Premium
10
₦25,000,000/yr
Flat / apartment for rent
2 Bedroom Flat
️to let Fully furnished 2 bedroom flat with pool, gym, 24hr power with matured garden and ample parking space. Location = off Adeola Odeku Victoria Island Rent = N25M Service Charge = N6M Agency = 10% Legal = 10% Caution = 5% Jnt
Victoria Island (VI), Lagos
Added yesterday
2 Beds
2 Baths
3 Toilets
New Adventure Limited
Premium
1
₦3,500,000per sq.m
Land for sale
Excellent Visibility and Accessibility. 3, 500SQM in Premium Area
Back into the market 3500sqm land directly on Adeola Odeku, Victoria Island is available for sale. It is suitable for commercial or mixed-use development Price: 3.5m/sqm The property is 100% closeable. Title: Federal Allocation, C of O, Survey Bar. James
Directly on Adeola Odeku Street, Victoria Island (VI), Lagos
Added yesterday
Tedhol Properties LTD
Premium
Verified Photos
16
₦700,000,000
Terraced duplex for sale
Luxury 4 Bedroom Terraced Duplex + BQ, Pool in a Prime Location
Newly Built 4 Bedroom Terraced Duplex with Bq, Communal Pool in a Prime Location Location: Oniru victoria island, lagos Price: N700M Features- -Bq -Communal Pool - Ensuite rooms - Aesthetic pop ceilings - Spot lighting - Chandelier - Sound system - Spacious living room - Cctv cameras - Clean water - Top quality tiles - Pantry - Island countertop - Master's suite - Walk-in closet - Walk-in shower - Jacuzzi - Custom vanity - 2 parking spaces - Good access roads - Flood free Title: Governor's Consent For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected] We currently have premium homes available for sale across some of Ikoyi, Victoria Island, Lekki Phase 1, Ikate, Salem, Ologolo, Jakande, Osapa London, Agungi, New Road, Chevron, Eleganza, Orchid, Ikota, VGC and Ajah's most sought-after locations, including: Victoria Island (Oniru Estate, Millennium Homes, Adeola Odeku Street, Adetokunbo Ademola Street, Akin Adesola Street, Ligali Ayorinde Street, Sanusi Fafunwa Street, Ajose Adeogun Street, Saka Tinubu Street)
Oniru, Victoria Island (VI), Lagos
4 Beds
4 Baths
5 Toilets
2 Parking
Idealplace_properties
Premium
₦8,000,000,000
Residential land joint venture
Prime Development Ready Land of 2500SQM on Offer
Prime Redevelopment Land--- 2,500 sqm Akin Olugbade (Off Adeola Odeku), Victoria Island --- Lagos C of O Executive summary Exceptional, titled 2,500 sqm parcel on Akin Olugbade, Victoria Island with planning approval for two suspended blocks of eight floors (potential to apply for additional height). Positioned within a high‑value corporate/residential corridor, this site is ideal for a landmark mixed‑use or high‑end residential development. Owner's land valuation: ₦8,000,000,000. Agency fee: 10%. Quick facts - Location: Akin Olugbade, Off Adeola Odeku, Victoria Island, Lagos - Site area: 2,500 sqm - Title: Lagos Certificate of Occupancy (C of O) --- originals available for verification - Current approvals: Planning approval for 2 blocks of 8 suspended floors (documentation available) --- potential to seek additional height subject to regulatory approval - Land value (owner): ₦8,000,000,000 (approx. ₦3,200,000 / sqm) - Agency fee: 10% (standard) - Availability: Immediate; viewings by appointment for qualified buyers Investment highlights - Prime Victoria Island location with strong demand from corporate tenants, expatriates and premium residential buyers. - Deliverable development platform with existing approvals significantly reducing pre‑construction lead time. - Large, regular parcel enabling efficient unit stacking, service cores and amenity placement. - Excellent corporate/residential marketability given proximity to commercial nodes, embassies and Lagos business districts. Recommended development concepts - Two-block luxury residential / serviced apartment scheme with commercial/retail at podium level. - Mixed‑use development: retail/flagship F&B on lower floors with premium residential floors above. - Boutique corporate suites or branded serviced residences targeting executives and expatriates. Documents & due diligence checklist (available / recommended) - Original Lagos C of O (available for inspection) - Planning approval documents and stamped drawings for the approved 2×8 suspended floors (available) - Site survey plan and coordinates --- originals to be provided on request - Structural/architectural 3D visuals or concept designs (if available) - Recommended technical checks: geotechnical/soils investigation, topography, drainage and utilities confirmation (power, water, telecom) - Legal checks: land registry searches, verification of encumbrances and confirmation of rates/tax payments Developer profile & selection criteria - Proven delivery of high‑end residential or mixed‑use projects in Victoria Island / Lagos Island / Lekki - Verifiable track record, proof of funds or construction finance, and credible sales/marketing capability - Capacity to mobilise quickly to capitalise on the approved planning advantage Indicative commercial notes - Owner valuation: ₦8,000,000,000 (negotiation subject to serious and qualified offers) - Agency fee: 10% of agreed sale value payable per agency terms Next steps 1. Submit buyer introduction and proof of funds for document access. 2. Execute nda (if required) and receive the full title and approval pack. 3. Arrange site inspection and technical due diligence. 4. Present formal offer; proceed to sale agreement and completion. Contact [Insert contact name][Insert phone number] [Insert email] Legal / disclaimer Information provided by the owner/agent. Prospective buyers must undertake independent legal, technical and financial due diligence. All terms are subject to contract. #zenrovia
Akin Olugbade, Victoria Island (VI), Lagos
2500 sqm
The Build Centre Properties
Premium
10
₦25,000,000/yr
Flat / apartment for rent
Luxury 2 Bed Room Flat
Fully furnished 2 bedroom flat with pool, gym, 24hr power with matured garden off Adeola Odeku Vi rent 25m
By Adeola Odekun, Victoria Island (VI), Lagos
2 Beds
2 Baths
3 Toilets
Kapital Properties
Premium
5
₦160,000per sq.ft / p.a.
Office space for rent
Office Space Measuring 1000SQM
For Lease Fully serviced Open Plan Office space Measuring 1000Sqm on each floor with a functional Elevator. There are currently 2 floors available for immediate lease. Please note that Letting is as it is. Rent:160,000k Per Sqm. (Minimum of 2 years payable) Location: Off Adeola Odeku, Victoria Island, Lagos. Legal-10% Agency-10% Additional Information: 1. The Service Charge per lettable floor is N22,576.55 per sqm. It is different from utilities listed in item 3 and it's paid to the facility managers who cover cleaning, electrical works, Ac, plumbing and civil works. 2. Service Charge for Common Areas (Ground floor reception; Car parks; Front and back Staircases; Basement; Lift lobby reception) total 3828.63 sqm at N22,576.55 per sqm. To be shared on floor by floor basis. 3. The above excludes other utilities like: Public power supply and Generators maintenance and diesel supply, Security, Lifts, Sewage Treatment Plant, Water Treatment Plant, Fire Alarm & fire fighting system, which will be shared at invoice value at floor by floor ratio. 4. The rent is N130,000.00 per sqm (each floor is 1000sqm) 2 years collectable upfront.
Off Idejo Street, Victoria Island (VI), Lagos
4 Toilets
4 Parking
1000 sqm
Plethos Properties LTD
ADVERTISEMENT750 × 120
Premium
20
₦50,000,000/yr
Flat / apartment for rent
3 Bedroom Apartment
To Let Furnished 3 Bedroom Apt Off Adeola Odeku, Victoria Island. Rent is #50 million p.a. Service Charge & Diesel Dep: 3M Annually Legal fees @ 10% Agency fees @ 10% Caution deposit @ 5%. For inspection, 24 hours notice.
Off Adeola Odeku Road, Victoria Island (VI), Lagos
3 Beds
3 Baths
4 Toilets
2 Parking
Plethos Properties LTD
Premium
8
₦700,000,000
Terraced duplex for sale
Luxury 4 Bedroom Terrace Duplex + BQ, Swimming Pool
4 Bed terrace duplex + BQ - ₦700M - Oniru, Victoria Island, Lagos a well-finished 4-bedroom home with a boys' quarters, spread across three levels, located in one of the most secure and sought-after parts of VI. This home features: - spacious living areas - all en-suite bedrooms - fully fitted kitchen - dedicated dining area designed for comfortable living - family lounge - walk-in closets - balconies - large windows that allow for ample natural light and ventilation Additional features include a water treatment system for clean, reliable water supply, ample parking space, and a clean, well-structured compound. Perfect for homeowners who value space, functionality, and a prime location. For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected] We currently have premium homes available for sale across some of Ikoyi, Victoria Island, Lekki Phase 1, Ikate, Salem, Ologolo, Jakande, Osapa London, Agungi, New Road, Chevron, Eleganza, Orchid, Ikota, VGC and Ajah's most sought-after locations, including: Victoria Island (Oniru Estate, Millennium Homes, Adeola Odeku Street, Adetokunbo Ademola Street, Akin Adesola Street, Ligali Ayorinde Street, Sanusi Fafunwa Street, Ajose Adeogun Street, Saka Tinubu Street)
Oniru, Victoria Island (VI), Lagos
4 Beds
4 Baths
5 Toilets
3 Parking
Idealplace_properties
Premium
1
₦750,000,000
Terraced duplex for sale
Relatively New 4 Bedroom Terrace Duplex with BQ
For sale Relatively New 4 Bedroom Terrace Duplex with BQ Off Adeola Odeku Street, Victoria Island Secure & Serene Environment Features: - All Ensuite - Fully Fitted Modern Kitchen - Pre-installed Air Conditioning Units - Premium Fitted Wardrobes Value: ₦750m Operational fee is 5% †¶¶¡Dm°dgh‡
Off Adeola Odeku, Victoria Island (VI), Lagos
4 Beds
4 Baths
5 Toilets
Amzat Odu LTD
Premium
9
₦28,000,000/yr
Flat / apartment for rent
Serviced 2 Bedroom Penthouse Apartment with BQ
To let Serviced 2 bedroom penthouse apartment with bq, fitted kitchen, ensuite rooms, swimming pool, gym and elevator. Location: victoria island Rent: 28m Service charge: 3m
Off Adeola Odeku, Victoria Island (VI), Lagos
2 Beds
2 Baths
3 Toilets
Mo Resources & Services LTD
Premium
10
₦140,000/day
Flat / apartment short let
Cozy 2 Bedroom Apartment
The Stamford Bridge 2 bedroom flat on the first floor of the rear main building. Large master bedroom with en suite. There is a second guest and communal toilet and shower room for the second room in the flat which does not have an en-suite. The flat comes with a balcony leading off the living room. This flat sleeps 4 easily for convenience. As with all the apartments, air conditioning is standard in all rooms, 24 hours power, internet and DSTV. Location: Agoro Odiyan street, off Adeola Odeku Victoria Island
Agoro Odiyan Street, Off Adeola Odeku, Victoria Island (VI), Lagos
2 Beds
2 Baths
2 Toilets
Rellashomes-Shortlethub
Premium
24
₦45,000,000/yr
House for rent
Luxury Newly Build Furnished 3 Bedroom Block of Flat with BQ
To Let Standard newly build furnished Three bedroom flat with bq Off Adeola Odeku VI Price 45m Sc 3m Caution 3m Agency and Legal 10% each 1. Property Description - a well finished Three (3) - Bedroom flat, in a luxury apartment block - All rooms ensuite - Fitted Kitchen - One (1) room BQ 2. Amenities include; - Concierge Services - 24/7 Electricity - Swimming pool - Gym *3. Security*- The estate is well secured with good security measures
Off Adeola Odeku, Victoria Island (VI), Lagos
3 Beds
4 Baths
4 Toilets
2 Parking
Deyemmitte Global Concepts
Premium
14
₦700,000,000
Terraced duplex for sale
Astonishing 4 Bedroom Serviced Terraced Duplex with BQ & Swimming Pool
4 Bed Oniru 700M Astonishing 4 Bedroom Terraced Duplex with BQ & swimming pool in Oniru Location: Oniru Price: 700M Features- * Ensuite rooms - Aesthetic pop ceilings - Spot lighting -Chandelier - Sound system - Masters suite - Spacious living room - Cctv cameras - Clean water -open terrace - Top quality tiles - Pantry -Master's suite - Walk-in closet - Walk-in shower - 3 parking spaces - Gate house - Secured estate -Swimming Pool - Good access roads - Flood free Title : Governor's Consent For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected] We currently have premium homes available for sale across some of Ikoyi, Victoria Island, Lekki Phase 1, Ikate, Salem, Ologolo, Jakande, Osapa London, Agungi, New Road, Chevron, Eleganza, Orchid, Ikota, VGC and Ajah's most sought-after locations, including: Victoria Island (Oniru Estate, Millennium Homes, Adeola Odeku Street, Adetokunbo Ademola Street, Akin Adesola Street, Ligali Ayorinde Street, Sanusi Fafunwa Street, Ajose Adeogun Street, Saka Tinubu Street)
Oniru, Victoria Island (VI), Lagos
4 Beds
4 Baths
5 Toilets
2 Parking
Idealplace_properties
Premium
Verified Photos
18
₦700,000,000
Terraced duplex for sale
Luxury 4 Bedroom Terraced Duplex with BQ in a Secured Estate
Newly Built 4 Bedroom Terraced Duplex with Bq, Communal Pool in a Prime Location Location: Oniru victoria island, lagos Price: N700M Features- -Bq -Communal Pool - Ensuite rooms - Aesthetic pop ceilings - Spot lighting - Chandelier - Sound system - Spacious living room - Cctv cameras - Clean water - Top quality tiles - Pantry - Island countertop - Master's suite - Walk-in closet - Walk-in shower - Jacuzzi - Custom vanity - 2 parking spaces - Good access roads - Flood free Title: Governor's Consent For more enquiries, contact Stephen Whatsapp: 08171969365 Phone: 08136522011, 09155232992 Email: [email protected] We currently have premium homes available for sale across some of Ikoyi, Victoria Island, Lekki Phase 1, Ikate, Salem, Ologolo, Jakande, Osapa London, Agungi, New Road, Chevron, Eleganza, Orchid, Ikota, VGC and Ajah's most sought-after locations, including: Victoria Island (Oniru Estate, Millennium Homes, Adeola Odeku Street, Adetokunbo Ademola Street, Akin Adesola Street, Ligali Ayorinde Street, Sanusi Fafunwa Street, Ajose Adeogun Street, Saka Tinubu Street)
Close to the Oba Palace, Oniru, Victoria Island (VI), Lagos
4 Beds
4 Baths
5 Toilets
3 Parking
Idealplace_properties
Premium
1
₦2,200,000per sq.m
Mixed-use land for sale
2000 SQMS Mixed Use Land
Bishop Oluwole Street. Victoria Island. 2,000 SQM. ₦2,200,000 per SQM. ₦4,400,000,000 Total. Lagos State Certificate of Occupancy. Directly Opposite Eko Atlantic's Gate. This Is the Street the Whole District Is Building Toward. The problem There is a category of Victoria Island land transaction that most brokers advertise loosely and few actually deliver cleanly --- a genuine bareland parcel, on a named A-grade VI street, with a straightforward C of O, priced inside the street's real trading range rather than padded for a buyer who hasn't done their homework. Bishop Oluwole Street is one of the most actively traded land corridors on the island --- sitting directly opposite Eko Atlantic City's entrance, on the same axis as Ahmadu Bello Way and within reach of the Adeola Odeku commercial belt. Because of that position, it's also one of the most inconsistently priced streets in VI, with asking prices from different sellers ranging from ₦1.5M/sqm distress listings to ₦2.5M/sqm Governor's Consent parcels --- a spread wide enough that a buyer who doesn't check the actual comparable trades can easily overpay or misjudge a genuine deal as inflated. This listing removes that guesswork. 2,000sqm, Bishop Oluwole Street, Lagos State C of O, ₦2,200,000/sqm. The agitation Here is what the real, currently active comparable market on this exact street shows. Multiple bareland parcels of similar size on Bishop Oluwole Street are trading at ₦2,000,000/sqm with a standard C of O. A premium commercial parcel on the same street, also 2,000sqm, is listed at ₦2,400,000/sqm --- ₦4.8 billion total --- marketed specifically on its proximity to the financial district, embassies, and Eko Atlantic. A separate 2,000sqm parcel on the same street, with Governor's Consent already secured, is asking ₦2,500,000/sqm. Nearby, commercial land along Adeola Odeku --- a short distance from this street --- has traded at ₦3,200,000/sqm. This listing --- 2,000sqm, Bishop Oluwole Street, ₦2,200,000/sqm --- sits precisely between the standard ₦2,000,000/sqm bareland trades and the ₦2,400,000/sqm premium commercial comparable on the same street. It's priced above the basic entry point, reflecting real demand on this corridor, and below the premium tier and the Adeola Odeku benchmark --- without requiring the buyer to negotiate a Governor's Consent upgrade themselves, since the title here is already Lagos State C of O. Every week this parcel sits unsold at this price is a week closer to it trading toward the ₦2,400,000--2,500,000/sqm tier already active on the same street. The solution 2,000 square metres of vacant land, Bishop Oluwole Street, Victoria Island. Lagos State Certificate of Occupancy. ₦2,200,000 per square metre. ₦4,400,000,000 total. Here is what this parcel delivers: Bishop Oluwole Street position. Directly opposite Eko Atlantic City's entrance gate, on the same corridor as Ahmadu Bello Way, minutes from the Adeola Odeku commercial cluster. This is not a street building its reputation --- it's one already carrying it, evidenced by the range of active premium and standard trades happening on it simultaneously. Lagos State Certificate of Occupancy. A straightforward, recognized title instrument, ready for solicitor review, without the added step of a family-grant C of O requiring further verification or a Governor's Consent application still pending. 2,000sqm mixed-use footprint. Sized appropriately for a high-rise commercial or mixed residential-commercial development, consistent with what's already being built and traded on this exact street. ₦2,200,000/sqm --- positioned inside the real trading range, not above it. Priced above the basic bareland comparables on the same street, reflecting genuine demand, and below both the premium commercial parcel and the Adeola Odeku benchmark nearby. Why this beats the alternatives on the table. The ₦2,000,000/sqm comparables on this street are priced lower, but several are distress sales or lack the same immediate C of O clarity. The ₦2,400,000--2,500,000/sqm comparables cost more for a marginally stronger title position or marketing angle this parcel already effectively matches through its C of O and location. This is the mid-market, clean-title entry point on a street where both the floor and ceiling of pricing are already well established. The call to action 2,000sqm. Bishop Oluwole Street, Victoria Island. ₦2,200,000/sqm. ₦4,400,000,000 total. Lagos State C of O. The buyer for this parcel is a developer or investor who has already priced the Bishop Oluwole corridor against its real comparables --- not someone forming a first impression of VI land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The street is already active. The comparables are already trading. The only open question is which parcel on it carries your name. Land Type: Mixed-use Land (Vacant) Size: 2,000 sqm Price: ₦2,200,000/sqm --- ₦4,400,000,000 total Title: Lagos State Certificate of Occupancy Location: Bishop Oluwole Street, Victoria Island (VI), Lagos --- directly opposite Eko Atlantic City's entrance gate NPC Comparable Context (Bishop Oluwole Street & adjacent VI corridor): 2,000sqm bareland, Bishop Oluwole St --- ₦2,000,000/sqm (multiple active listings) 2,000sqm commercial, Bishop Oluwole St, premium C of O --- ₦2,400,000/sqm (₦4.8B total) 2,000sqm, Bishop Oluwole St, Governor's Consent --- ₦2,500,000/sqm 4,349sqm commercial, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 2,000sqm, Bishop Oluwole St --- ₦2,200,000/sqm, ₦4,400,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-3
Bishop Oluwole, Victoria Island (VI), Lagos
Smilebay Realties Limited
Premium
1
₦3,000,000per sq.m
Mixed-use land for sale
5000 SQMS Mixed Use Land
Ahmadu Bello Way. Victoria Island. Opposite Eko Atlantic's Gate. 5,000 SQM. ₦3,000,000 per SQM. ₦15,000,000,000 Total. Certificate of Occupancy. Larger Sizes Available. This Is the Corridor Where VI's Old Money Meets Eko Atlantic's New Money. The problem There is a category of Victoria Island land that rarely comes to market at genuine scale --- not 900sqm, not 2,000sqm, but a 5,000sqm parcel large enough to anchor a serious commercial or mixed-use development, sitting directly on Ahmadu Bello Way, opposite the entrance to Eko Atlantic City itself. Most VI land offered at this size is either landlocked away from a primary road, split across non-contiguous titles, or priced without regard to what's actually trading on the same corridor. Ahmadu Bello Way is one of VI's original arterial roads --- predating Eko Atlantic, running alongside it, and now positioned as the direct handoff point between the island's established commercial core and the new coastal city rising beside it. This listing is 5,000sqm on that road, C of O, ₦3,000,000/sqm --- with larger contiguous sizes available for a buyer whose development plan needs more. The agitation Here's what the comparable market on and around Ahmadu Bello Way actually shows. A 2,800sqm parcel on Ahmadu Bello Way, carrying a Federal C of O and an existing office structure, is listed at ₦9,000,000,000 --- working out to roughly ₦3,214,000/sqm. A fenced 2,500sqm bareland parcel elsewhere on VI is listed at ₦6,250,000,000, or ₦2,500,000/sqm. Commercial land on the adjacent Adeola Odeku corridor has traded at ₦3,200,000/sqm. This listing --- 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm --- sits just below the improved Ahmadu Bello Way comparable (which carries the premium of an existing structure and Federal-grade title) and above the fenced bareland comparable elsewhere on the island. That's the correct position for bare land, at scale, on one of VI's most direct routes into Eko Atlantic. What the pricing doesn't fully capture yet is the corridor effect. Ahmadu Bello Way's value proposition has shifted since Eko Atlantic broke ground --- it is no longer simply an old VI arterial road, it is the entry corridor to a city that's pricing its own internal land at $1,250 to over $3,000 per sqm and appreciating fast. Every month this parcel remains unsold, it does so on a road whose relevance to the adjacent, appreciating district only grows. The solution 5,000 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. Certificate of Occupancy. ₦3,000,000 per square metre. ₦15,000,000,000 total. Larger contiguous sizes available. Here is what this parcel delivers: Ahmadu Bello Way position, opposite Eko Atlantic's gate. A primary VI arterial road that now also functions as the direct approach to Lagos's most actively appreciating coastal district. This address benefits from both VI's established commercial density and Eko Atlantic's forward momentum, without being priced at Eko Atlantic's internal oceanfront rates. 5,000sqm --- genuine development scale. Large enough to anchor a commercial tower, a mixed-use development, or an institutional-grade project, without the footprint constraints of the smaller 900--2,000sqm parcels that dominate most VI land listings. Larger sizes available. For a developer or family office whose plan requires more than 5,000sqm, this listing extends --- a rare scaling option on a corridor where most available parcels are fixed and non-negotiable in size. Certificate of Occupancy. A recognized title instrument ready for solicitor review, positioning this parcel for straightforward due diligence rather than a title chain requiring reconstruction. ₦3,000,000/sqm --- priced against the corridor's real comparables. Below the improved Ahmadu Bello Way parcel with its existing structure and Federal C of O premium, above the fenced bareland comparable elsewhere on the island, and in line with the adjacent Adeola Odeku commercial benchmark. Why this beats the alternatives on the table. Smaller VI parcels elsewhere cost less in total but cap what can be built. Land inside Eko Atlantic itself, at the Financial District or Marina rates now exceeding $3,000/sqm, costs meaningfully more per sqm for a comparable development outcome. This parcel sits at the handoff point between the two --- VI-grade C of O, Eko Atlantic-adjacent momentum, at a scale few sellers on this corridor can currently match. The call to action 5,000sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦15,000,000,000 total. C of O. Larger sizes available. The buyer for this parcel is a developer or institution planning at genuine scale on one of VI's primary corridors --- not evaluating VI land for the first time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask about larger contiguous sizes. The road already runs straight to Eko Atlantic's gate. The scale is already available if your plan needs more. The only variable left is whose name goes on the C of O. Land Type: Mixed-use/Residential Land (Vacant) Size: 5,000 sqm (larger contiguous sizes available) Price: ₦3,000,000/sqm --- ₦15,000,000,000 total Title: Certificate of Occupancy Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 2,800sqm, Ahmadu Bello Way, Federal C of O, existing office structure --- ₦9,000,000,000 (≈₦3,214,000/sqm) 2,500sqm fenced bareland, VI --- ₦6,250,000,000 (₦2,500,000/sqm) Commercial land, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 5,000sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦15,000,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-047-9
Ahmadu Bello Way, Victoria Island (VI), Lagos
Smilebay Realties Limited
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Area Guide
About Victoria Island (VI), Nigeria
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.
There are 357 available flats, houses, land and commercial property on Adeola Odeku Street, Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.
