950 Sqm Pre-piled & Approved For 5+ Floors Vi
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Property Description
Prime Pre-Piled Development Plot For Sale in Victoria Island, Lagos
950 SQM Pre-Piled & Approved for 5+ Floors Lagos State CofO ₦2.2B
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Property Overview
- Location: Off Adetokunbo Ademola Street, Victoria Island, Lagos
- Land Size: 950 SQM
- Price: ₦2,200,000,000
- Price per SQM: ₦2,315,789
- Title: Lagos State Certificate of Occupancy (CofO)
- Status: Pre-Piled & Fully Approved --- Save significant time and cost, ready for immediate vertical construction.
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Key Highlights
- Pre-Piled Foundation --- The most complex and costly initial phase of construction is complete, allowing you to start building the superstructure immediately.
- Full Building Approval --- Approved for a development of 5 floors and above, maximizing your ROI potential on this prime land.
- Prime Victoria Island Address --- Located in one of the most prestigious and sought-after business and residential districts in Nigeria.
- Secure Title --- Lagos State CofO provides the highest level of title security and guarantees a straightforward ownership transfer.
- Substantial Plot Size --- A 950 SQM plot offers ample space for a significant and prestigious development.
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️ Development Potential
- Luxury Residential Apartment Tower
- High-End Corporate Office Building
- Boutique Hotel or Serviced Apartments
- Mixed-Use Development (Retail & Offices)
- Exclusive Gated Complex of Townhouses
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Location Benefits
- Prestigious Vicinity: Situated in the heart of Victoria Island, close to multinational corporations, embassies, and luxury amenities.
- Excellent Connectivity: Easy access to major routes like Ahmadu Bello Way and the Eko Bridge, connecting to Ikoyi and the mainland.
- High-Value Neighborhood: Surrounded by other high-rise developments, ensuring sustained property value and elite appeal.
- Proximity to Landmarks: Minutes from Eko Hotel & Suites, The Mall, and the new financial hubs.
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Investment Value
- Total Price: ₦2.2 Billion
- Title Security: Governor-consented CofO for a risk-free investment.
- Accelerated Timeline: Bypass 6-12 months of pre-construction work and costs.
- Strong Capital Appreciation: Land value in core Victoria Island continues to show robust and steady growth.
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Direct Sale Opportunity
This is a rare opportunity to acquire a pre-piled and approved plot in the core of Victoria Island, offering a significant head start for a landmark development project.
Perfect for:
- Property Development Companies
- Institutional Investors
- High-Net-Worth Individuals
- Corporate Organizations seeking a flagship headquarters
Contact for:
- Site inspection and technical report review
- Title verification and due diligence
- Development feasibility discussion
- Serious purchase negotiations
Act now to secure this turnkey development opportunity in Victoria Island!
Property Details
| Property Ref: 3195575 | Added On: 10 Nov 2025 | Last Updated: 10 Nov 2025 |
| Market Status: Available | Type: Commercial Land |
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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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 3 months ago
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