2491sqm Opportunity

Property Ref : 3679565

Commercial land for sale

Victoria Island (VI), Lagos

₦8,000,000,000

Features

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)

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