Mixed-use land for sale
Kofo Abayomi, Victoria Island (VI), Lagos
Prime corner development site
--- 4,000 m² on kofo abayomi / musa yar'adua (vi)
lagos state c of o (86 yrs) ₦8.5b
property summary
a strategic, high‑profile corner land parcel presenting a rare development opportunity in the victoria island corridor. the site sits at the kofo abayomi / musa yar'adua junction and offers exceptional visibility, dual frontage and an attractive title position --- held on lagos state certificate of occupancy with 86 years remaining. the 4,000 m² parcel is cleared, level and ready for immediate due diligence and development.
key facts & pricing
- site area: 4,000 m² (corner parcel, dual frontage)
- title: lagos state certificate of occupancy (c of o) --- 86 years remaining
- asking price: ₦8,500,000,000
- implied unit rate: ₦2,125,000 per m²
- availability: immediate; viewings by appointment
opportunity & recommended uses
- high‑density mixed‑use development (luxury residential apartments over retail / podium parking)
- grade a office building or corporate headquarters
- boutique hotel / serviced apartments or hospitality conversion
- embassy or institutional facility requiring secure, prominent location
- asset-hold or value‑add repositioning for rental income and capital appreciation
location & accessibility
- located on the kofo abayomi / musa yar'adua junction --- a premium artery within victoria island (vi) providing excellent connectivity to business districts and leisure nodes
- prominent corner position offers high exposure to vehicular and pedestrian traffic
- close proximity to financial institutions, corporate offices, premium hotels, retail and transport links
title & legal notes
- lagos state c of o with 86 years unexpired --- strong marketable title
- title documents available for inspection; buyer to confirm chain of title, encumbrances and any outstanding government levies during legal due diligence
planning & technical considerations
- buyer to confirm permitted density, plot ratio/far, building setbacks and parking requirements with the lagos state planning authority
- utilities: mains power, water and telecom connections readily available in the area (confirm capacities)
- preliminary technical recommendations: obtain up‑to‑date topographical survey, geotechnical report and utility/service maps prior to design
investment highlights
- corner position and dual frontage significantly enhance design flexibility, ingress/egress and commercial frontage value
- long remaining c of o tenure (86 years) provides security and facilitates financing
- located in a constrained supply market --- strong long‑term capital appreciation and rental outlook
- attractive for institutional developers, hotels and corporate occupiers seeking a flagship presence
- certified copy of lagos state c of o
- preliminary site photos
- existing survey/plan (if available)
- vendor contact details and viewing arrangements
ideal buyer profile
- mixed‑use and residential developers
- institutional investors and private equity funds
- hotel operators and hospitality investors
- corporate occupiers and embassy/institutional buyers
viewing & contact
- viewings strictly by appointment. to request the full documentation pack, arrange a viewing or discuss terms, please contact the listing agent with your preferred times and proof of funds / corporate introduction.
...
More details
Added Today
₦8,500,000,000
The Build Centre Properties
09028190510