2,000 Sqm Commercial Land On Ahmadu Bello Way, Victoria Island
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Property Description
Prime Commercial Land For Sale on Ahmadu Bello Way, Victoria Island, Lagos
2,000 SQM Full Governor's Consent Title ₦2.5M per SQM ₦5 Billion Total
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Property Overview
- Location: Ahmadu Bello Way, Victoria Island, Lagos
- Land Size: 2,000 SQM
- Title: Lagos State Governor's Consent (The state's highest land title, signifying absolute ownership and freehold interest)
- Price per SQM: ₦2.5 Million
- Total Value: ₦5 Billion
- Status: Bare land, zoned for commercial use, ready for immediate development
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Key Highlights
- A-Grade Victoria Island Address -- Ahmadu Bello Way is one of the most prestigious commercial and diplomatic corridors in Nigeria, home to multinational headquarters, embassies, and luxury hotels.
- Unquestionable Title Security -- A full Governor's Consent provides the strongest possible legal ownership, facilitating seamless transactions, financing, and attracting institutional partners.
- Premium Commercial Positioning -- This sizeable plot on such a prominent road is rare, offering unparalleled visibility and prestige for a landmark development.
- Strategic Vacant Parcel -- As bare land, it allows for a custom-built, state-of-the-art facility without the cost or delay of demolition.
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️ Development Potential
- Corporate Headquarters Tower
- International Grade-A Office Complex
- Luxury Hotel or Serviced Apartments
- High-End Retail Plaza or Shopping Gallery
- Mixed-Use Development (Office, Retail, Residential)
- Diplomatic Mission or Embassy
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Location Benefits
- Epicenter of Business & Diplomacy -- Situated in the heart of Lagos's central business district, ensuring immediate recognition and accessibility for clients and partners.
- Unmatched Visibility & Traffic -- Direct frontage on a high-traffic artery guarantees maximum exposure for any corporate identity.
- Proximity to Key Landmarks -- Within walking distance or a short drive to Eko Hotel & Suites, Eko Atlantic City, the Federal Palace Hotel, and major financial institutions.
- World-Class Infrastructure -- Benefits from the best power, road, and security infrastructure available in Lagos.
- Exclusive Enclave -- Victoria Island maintains its status as the premier destination for blue-chip companies and high-net-worth individuals.
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Investment Value
- Total Asking Price: ₦5 Billion
- Price per SQM: ₦2.5 Million
- Market Context: This asking price is firmly within the premium range for titled, commercial-grade land on Victoria Island's primary avenues, reflecting its irreplaceable location and title strength.
- Institutional-Grade Asset: The combination of size, title, and location makes this a bankable asset suitable for institutional investors, REITs, or major corporations.
- Strong Rental & Capital Appreciation: Developments in this corridor command the highest rental yields and demonstrate resilient, long-term capital growth.
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Sale Opportunity
This 2,000 SQM plot on Ahmadu Bello Way represents a generational opportunity to secure a flagship location in Nigeria's most important business district. It is a turnkey canvas for an organization aiming to make a powerful, permanent statement.
Ideal For:
- Multinational Corporations seeking an African or regional headquarters
- Nigerian Conglomerates and Banking Institutions
- International Real Estate Development Funds
- Luxury Hotel Brands and Hospitality Groups
- Sovereign Wealth Funds or Institutional Investors
Contact For:
- Confidential Site Inspection
- Verification of Governor's Consent at the Lands Bureau
- Detailed Development Feasibility and Planning
- Acquisition and Negotiation Process
Secure a legacy address on Victoria Island's most commanding avenue --- where prestige is built into the land.
Property Details
| Property Ref: 3306904 | Added On: 22 Jan 2026 | Last Updated: 22 Jan 2026 |
| 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 5 months ago
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