Prime Detached Building On 1,500sqm
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Property Description
For sale -- prime detached building on 1,500sqm in victoria island (oju olobun street)
location: oju olobun street, victoria island, lagos
property type: detached building
land size: 1,500 sqm
price: ₦3 billion
title: land certificate with 48 years unexpired tenure
🧭 agent contact: agt. Seun
to schedule inspection or submit offer: 07013257514 08141169442
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why this property stands out:
located on oju olobun street --- one of victoria island's most exclusive, serene, and commercially valuable locations
sits on 1,500sqm of premium land in central victoria island
surrounded by top multinational firms, hotels, embassies, and luxury projects
ideal for redevelopment into luxury apartments, commercial suites, or a corporate headquarters
strong rental and resale value due to unmatched location
quiet yet central --- a rare balance in v. I. ---
️ best use cases:
luxury serviced apartments
premium boutique hotel
diplomatic residence or guesthouse
corporate head office
mixed-use redevelopment (retail + office)
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investor insights:
land value appreciation (vi core): 25--35% annually
supply of titled land in vi with this size is rapidly shrinking
48 years of unexpired tenure = solid long-term investment security
property is ideal for immediate redevelopment or high-end leasing
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this is a rare opportunity:
With 1,500sqm, a solid title, and prime positioning in central victoria island, this is the kind of asset smart investors hold for generational roi. Serious buyers only -- call now:
07013257514 08141169442
Oju olobun -- prestige, privacy, and possibility in one address.
Property Details
| Property Ref: 2973186 | Added On: 12 Jul 2025 | Last Updated: 16 Jul 2025 |
| Market Status: Available | Type: House | Bedrooms: 6 |
| Total Area: 1,500 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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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Demilade D Agagu Consulting. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Marketed by
(nuj Building)3/5 Adeyemo Alakija Victoria Island Lagos, Lagos State, Nigeria
0814 XXXX Show Phone
07013257514
Registered 5 years ago
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