Commercial land for sale
2491SQM Opportunity
An exceptional Joint Venture (JV) opportunity is available in the heart of Victoria Island for a reputable institution or qualified investor. This premium 2,491sqm development site comes with approved drawings for two 9-storey residential towers, with the potential to accommodate a mixed-use development of up to 15 floors, subject to regulatory approvals. With no premium payable, this presents a highly attractive opportunity for developers seeking a landmark project in one of Lagos' most prestigious real estate markets. Property Details Location: Victoria Island, Lagos Land Size: 2,491sqm Title: Lagos State Certificate of Occupancy (C of O) Land Value: ₦8,000,000,000 Premium: Nil Facilitator's Fee: 8% Development Proposal Approved Drawings for Two (2) Residential Blocks 9-Storey Buildings Potential for Mixed-Use Development Potential to Increase Height to 15 Floors (Subject to Regulatory Approval) Investment Highlights Prime Victoria Island Address No Premium Required Approved Development Plans Available High-Demand Residential & Mixed-Use Location Excellent Long-Term Capital Appreciation Landmark Development Opportunity Secure Title Documentation Owner's Requirements The property owner requires either: A Bank Guarantee (BG), or Funds Placed in an Escrow Account Please Note: The owner will not accept a Proof of Funds (POF) as evidence of financial capacity. Ideal Development Partner This opportunity is ideal for established real estate developers, institutional investors, private equity firms, reit sponsors, family offices, and high-net-worth individuals with the capacity to undertake a premium large-scale development. Financial Summary Land Size: 2,491sqm Land Value: ₦8,000,000,000 Premium: Nil Facilitator's Fee: 8% Location Victoria Island, Lagos Title Lagos State Certificate of Occupancy (C of O)