Nigeria Property Centre

Land for Sale in Victoria Island (VI), Lagos

There are 883 land for sale in Victoria Island (VI). Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

Premium Plus Top promoted listing
Beautiful Waterfront Land
22 photos
₦1,850,000 per sq.m

Mixed-use land for sale

Beautiful Waterfront Land

Amazing Waterfront land available for sale in Maroko Oniru Victoria Island. Suitable for all purposes Residential developments Showroom Commercial hub Sky scraper development Etc etc plot sizes available 2500sqm 3,500sqm 8,000sqm 15,000sqm 10,000sqm 17,000sqm 5,000sqm Title: Governors Consent

Oniru, Victoria Island (VI), Lagos
10 Parking

Bankofproperty LTD

Contact Agent
Prime 2000SQM Fenced Commercial Land
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6
₦3,200,000 per sq.m

Commercial land for sale

Prime 2000SQM Fenced Commercial Land

Fenced Commercial Land measuring 2000 sqm located along Adeola Odeku Street (Rear Plot -- not fronting Adeola Odeku Way), Victoria Island, Lagos. Features include: Suitable for development of contemporary Block of Apartments; Suitable for development of Specialized Office Building; High-traffic prone street; Flood-free neighbourhood; etc. Sale Price is NGN3,200,000 (THREE million two hundred thousand NAIRA) per square meter. Title is Lagos State Governor's Consent. Agency Fee applies. All pricing are as at june 4, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Adeola Odeku Way, Victoria Island (VI), Lagos
2000 sqm
First Colony Real Estate Company LTD
Detached House on Prime 3, 232SQM Commercial Land
Premium
2
₦2,500,000 per sq.m

Commercial land for sale

Detached House on Prime 3, 232SQM Commercial Land

Fenced Commercial Land measuring 3,232sqm with existing detached house (currently used as an office) located off Akin Adesola Street, Victoria Island, Lagos. Features include: Suitable for redevelopment of contemporary High-rise Office development; Suitable for development of commercial multi-storey car-park; High-traffic prone street; Flood-free neighbourhood; etc. Sale Price is NGN8,080,000,000 (EIGHT billion eighty million naira ONLY) @ NGN2,500,000 (Two Million Five Hundred Thousand Naira) per square meter. Title is Lagos State Governor's Consent. Agency Fee applies. All pricing are as at november 26, 2025 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Victoria Island (VI), Lagos
3232 sqm
First Colony Real Estate Company LTD
Premium
₦2,000,000 per sq.m

Land for sale

6500.849SQM Expanse of Land

Expanse of land for sale in victoria island a good deal for the discerning investor Location: Off Akin Adesola Land Size: 6500.849sqm Description: An expanse of land with structures on it, suitable for residential or commercial use. Title: FG C of O. (74 years unexpired. Price: N2m per sqm Contact the undersigned if interested

Off Akin Adesola, Victoria Island (VI), Lagos Added yesterday
Jerman Ventures Co. LTD
1865SQM of Land in a Good Location
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1
₦6,000,000,000

Land for sale

1865SQM of Land in a Good Location

Land for Sale -- Victoria Island, Lagos 1,865 sqm Victoria Island. Title: Governor's Consent, Deed of Assignment registered Price: ₦6 Billion (Asking)

VI, Victoria Island (VI), Lagos Added yesterday
Jerman Ventures Co. LTD
Land
Premium
1
₦3,800,000,000

Mixed-use land for sale

Land

Ready to close no encumbrances l Lagos c of o

Oyin Jolayemi, Victoria Island (VI), Lagos
1500 sqm
Ajah Properties Dev and Construction LTD
Premium
₦3,300,000

Mixed-use land for sale

Prime Land

Victoria island Description;A prime 4,400sqm land parcel strategically located on Adeola Odeku street ,one of the Victoria island's most commercial and high-traffic corridors. Property details Land size :3.400sqm Location: Adeola Odeku N3.3 per SQM.

Victoria Island (VI), Lagos
4400 sqm
CRL Real Estate
1, 865SQM Mixed-Use Land Ademola Adetokunbo Street, Victoria Island
Premium
1
₦4,500,000 per sq.m

Mixed-use land for sale

1, 865SQM Mixed-Use Land Ademola Adetokunbo Street, Victoria Island

Ademola Adetokunbo Street. Victoria Island. 1,865sqm. Mixed-Use Zoning. Deed of Assignment. Global C of O. ₦4,500,000 Per Square Metre. This Is the Commercial Heart of Lagos. And This Is the Land That Builds Into It. The problem There is a category of Lagos land transaction that most professionals read about but very few execute. Not because the capital is unavailable. Because the land is. VI's primary commercial corridor --- the streets where multinationals headquarter, where the major banking clusters operate, where the hotel towers that serve Lagos's corporate and diplomatic community stand --- does not release land frequently. When it does, the parcels are absorbed by developers with the capital, the construction capacity, and the development vision to build at the scale the address demands. Ademola Adetokunbo Street, Victoria Island, is that corridor. 1,865sqm of mixed-use land on this street --- with a Deed of Assignment backed by a Global C of O, available today, at ₦4.5M per sqm --- is the specific type of transaction that developers who build Lagos's most recognisable commercial and residential towers spend years waiting for. It is available today. The agitation Here is the calculation that every serious developer in Lagos eventually makes about VI primary corridor land. The most consistently valuable real estate in Nigeria is not residential land in Lekki or Ikoyi. It is commercial-facing mixed-use land in the addressable core of Victoria Island --- where the demand for premium offices, serviced residences, retail space, and hotel accommodation from Lagos's multinational corporate population has been consistent, documented, and structurally undersupplied for two decades. The developers who built the towers that define the Adeola Odeku and Ademola Adetokunbo skyline did not acquire those plots at today's per-sqm rates. They acquired during windows --- moments when motivated vendors, estate resolutions, or portfolio restructurings released land that the market immediately recognised as correctly positioned. Those windows closed. The buildings went up. The returns were recognised. The NPC comparable listings visible today on the VI mixed-use land market tell the story numerically: A 4,100sqm fenced VI plot --- ₦6,000,000,000. Approximately ₦1,463,000 per sqm. Another 1,865sqm VI plot --- ₦6,000,000,000. Approximately ₦3,217,000 per sqm. This listing --- 1,865sqm on Ademola Adetokunbo, the commercial heart of VI --- ₦4,500,000 per sqm. The ₦1.3M per sqm premium over the second comparable is not a pricing error. It is the Ademola Adetokunbo address. The comparable plot at ₦3.2M per sqm is on VI, but it is not on this street. This street is the corridor where Lagos's commercial life is concentrated. The premium reflects what that concentration produces for a development project's exit value. The developer who has been watching for the right VI primary corridor land position at the right moment is looking at this listing right now. The solution 1,865 square metres of bare mixed-use land on Ademola Adetokunbo Street, Victoria Island. Deed of Assignment backed by a Global Certificate of Occupancy. ₦4,500,000 per square metre. Total acquisition: ₦8,392,500,000. Here is what this asset actually delivers for the developer who can act at this scale: Ademola Adetokunbo Street, Victoria Island --- the most commercially dense arterial road on the island. Ademola Adetokunbo runs through the commercial core of VI --- flanked by major banking headquarters, embassy clusters, the Eko Hotel complex, premium retail, and the corporate office buildings that house Lagos's multinational population. The foot traffic on this street on a working day is the visible evidence of the demand that drives commercial and premium residential yields in this sub-corridor. A building with an Ademola Adetokunbo address is not competing for tenants in the abstract VI market. It is competing for tenants who are already on this street, already in the buildings next door, already choosing between this address and what else the corridor offers. 1,865sqm --- the development footprint for a serious VI commercial project. At 1,865sqm of ground plate, the development options on this plot are not constrained by footprint. A mixed-use tower --- commercial podium on lower floors, premium residential on upper floors --- is viable within this footprint at VI's permitted building height regulations. A boutique office building, a serviced apartment block, a hotel development --- all are within the permitted development envelope of a 1,865sqm mixed-use plot on Ademola Adetokunbo. The land is large enough to build at the scale the address demands. Mixed-use zoning --- the development multiplier no single-use plot can offer. Purely residential plots produce residential returns. Purely commercial plots produce commercial returns. Mixed-use on Ademola Adetokunbo produces both --- in the same building, from the same title, in the same transaction. A development that places ground-floor and podium commercial space beneath upper-floor premium serviced apartments on this plot accesses two independent income streams from a single asset. The commercial tenants fund the ground-floor yield. The residential or hotel tenants fund the upper-floor yield. Both are supported by an address whose demand is not speculative --- it is the documented commercial and residential occupancy pattern of VI's most active business corridor. Deed of Assignment backed by a Global Certificate of Occupancy. The Deed of Assignment is the recognised, legally valid conveyance instrument for this plot. Its legal security derives from the Global Certificate of Occupancy --- a Lagos State master title instrument registered at the state government level. The Deed of Assignment traces directly to that Global C of O, giving the buyer a clean, short, verifiable title chain that terminates at the Lagos State government as the single title authority. Governor's Consent is the post-purchase individual registration upgrade --- the Lagos Land Registry application that converts the Deed of Assignment into a personally named, individually registered title instrument. With a Global C of O as the master instrument, the Governor's Consent application is the most straightforward individual title upgrade available in Lagos land law. Your solicitor handles it. The documentary foundation is already the strongest possible. Both the Deed of Assignment and the Global C of O are available for immediate solicitor review from the moment contact is made. ₦4,500,000 per sqm. Total acquisition: ₦8,392,500,000. At this per-sqm rate, on this street, with this title structure and this zoning --- the acquisition cost is the input to a development calculation that only the developer's specific construction cost basis and their exit pricing model can complete. But the address provides the exit confidence. Ademola Adetokunbo, Victoria Island, in a mixed-use development completed to international standard, produces a tenanted asset whose yield and capital value have been consistently benchmarked by the buildings already standing on this street. Ademola Adetokunbo Street, Victoria Island sits within the most infrastructure-managed and elevation-stable zone of Lagos Island. VI's commercial core --- the Adeola Odeku, Ademola Adetokunbo, and Ozumba Mbadiwe corridor --- benefits from the island's primary drainage infrastructure and road maintenance, which has been continuously managed as part of Lagos's commercial centre infrastructure. Smilebay Realties does not list properties in flood-prone areas. This plot on Ademola Adetokunbo Street, Victoria Island, was assessed against that standard before listing. It passed. The call to action 1,865sqm. Ademola Adetokunbo Street, Victoria Island. Mixed-use zoning. Deed of Assignment plus Global C of O. ₦4.5M per sqm. Total ₦8,392,500,000. The buyer for this plot is not forming their view of VI commercial corridor land for the first time. They are a developer with active construction capacity, a family office with a development mandate, or an institution deploying capital into a VI primary corridor land position whose development upside is supported by two decades of documented commercial demand on this specific street. One call. All documentation available for immediate solicitor review. Site visit arrangeable this week. Call or WhatsApp Smilebay Realties: +234 901 517 4801 Ademola Adetokunbo is the address. Mixed-use is the zoning. The title is clean at both instruments. This is the VI commercial corridor position. 1,865sqm Mixed-Use Bare Land Location: Ademola Adetokunbo Street, Victoria Island (VI), Lagos Price: ₦4,500,000 per sqm Total Acquisition: ₦8,392,500,000 Title: Deed of Assignment backed by Global Certificate of Occupancy Governor's Consent: Upgradeable post-purchase --- application supported by Global C of O foundation Zoning: Mixed-Use --- Commercial, Residential, Hotel, and Retail Development Permitted Condition: Bare Land --- No Demolition Required Flood-Free --- Confirmed by Smilebay Realties Pre-Listing Assessment Posted: July 10, 2026 NPC Comparable Context on Same Platform Today: 4,100sqm fenced VI land --- ₦6,000,000,000 (approximately ₦1,463,000/sqm) 1,865sqm VI land --- ₦6,000,000,000 (approximately ₦3,217,000/sqm) This listing: 1,865sqm Ademola Adetokunbo --- ₦4,500,000/sqm --- premium reflects commercial corridor address Listed by Smilebay Realties Limited --- Ref: 3565375

Ademola Adetokunbo, Victoria Island, Victoria Island (VI), Lagos Added yesterday
Smilebay Realties Limited
Premium
₦3,400,000,000

Residential land for sale

1, 150SQM Land with Structure

Land with a detached building at olayinka omololu, off ajose adeogun, victoria island ‎1,150sqm land with a solidly built 18+ Room Guest House with Cold Room, Massive Equipped Kitchen, Laundry Room, Staff Room, Gym, Office, Power Room, Transformer, Security House etc. ‎Location: Olayinka Omololu, Off Ajose Adeogun, Victoria Island. ‎Title: C of O with over 60 years ‎Price: #3.4billion.

Olayinka Omololu, Off Ajose Adeogun, Victoria Island (VI), Lagos
Keland & Associates
1865SQM Prime Commercial Development Site
Premium
2
₦6,000,000,000

Commercial land for sale

1865SQM Prime Commercial Development Site

1,865sqm Prime Commercial Development Site Positioned in the heart of Victoria Island's thriving business hub, this premium property offers exceptional accessibility, excellent visibility, and outstanding long-term investment value. Perfect for: - Corporate Headquarters - Luxury Office Tower - Mixed-Use Commercial Development - Financial Institution - Hospitality Project - Premium Investment with Strong Capital Appreciation Land Size: 1,865sqm Title: Governor's Consent & Registered Deed of Assignment Asking Price: ₦6 Billion Location: Along Ademola Adetokunbo Street, Victoria Island, Lagos #VictoriaIsland #CommercialProperty #LagosRealEstate #InvestmentOpportunity #PrimeLand #CommercialDevelopment #CorporateHeadquarters #OfficeDevelopment #RealEstateInvestment #LuxuryDevelopment #PropertyForSale #GovernorConsent #AdemolaAdetokunbo #LagosProperty #FastSellingProperty

Ademola Adetokunbo Way, Victoria Island (VI), Lagos
Jonela Concept
Land
Premium
1
₦5,200,000,000

Mixed-use land for sale

Land

Land for Sale -- Victoria Island, Lagos 1,865 sqm along Ademola Adetokunbo Street, directly opposite Eko Hotel Title: Governor's Consent, Deed of Assignment registered Price: ₦5.2 Billion (Asking) FbOLa

Ademola Adetokunbo, Victoria Island (VI), Lagos
1865 sqm
Ajayi Realty Hub
Premium
₦2,500,000 per sq.m

Commercial land for sale

3, 400SQM Land

Land for sale talking to direct mandate a prime land measuring 3,400sqm strategically placed in most commercial and high-traffic corridors of Lagos Adeola Odeku Street, Victoria Island, Lagos NB: Mixed Use development with Excellent visibility and accessibility Price: NGN2.5 Million per sqm Title: CofO Contact : sunetics 08033494150 08057579233

Adeola Odeku Street, Victoria Island (VI), Lagos
3400 sqm
Sunetics Properties
20, 000SQM Land
Premium
2
₦1,200,000 per sq.m

Mixed-use land for sale

20, 000SQM Land

Prime waterfront land measuring approximately 20,000sqm strategically located at Ozumba Madikwe, in between Lekki Phase 1 and VI Title: Lagos C of O & Governor's Consent Price: N1,200,000 per sqm Suitable for commercial, mixed-use, hospitality, residential, or high-yield investment development.

Ozumba Mbadiwe, Victoria Island (VI), Lagos
Vinshome Realty
1, 865 SQM Landed Property
Premium
1
₦5,100,000,000

Mixed-use land for sale

1, 865 SQM Landed Property

Land for Sale -- Victoria Island, Lagos 1,865 sqm along Ademola Adetokunbo Street, directly opposite Eko Hotel Title: Governor's Consent, Deed of Assignment registered Price: ₦5.2 Billion (Asking) Bol

Ademola Adetokunbo Street, Victoria Island (VI), Lagos
Charis Top Luxury Properties
Premium
₦13,000,000,000

Mixed-use land for sale

Well Located 6500.849 SQMTRS of Mixed-Use Land

Hot and juucy 6500 SQMTRS of land for sale at the victoria island, lagos 6500.849 sqmtrs of land with structures, perfect for luxury residential, commercial tower or mixed-use development. A very rare opportunity on Victoria Island corporate corridor, banks, hotels and multinationals are all with reach Located off Akin Adesola Street, Victoria Island, Lagos Title: Federal C of O with 74 years unexpired lease. Clean & Bankable Price: ₦13billion Slightly Neg. Agency: 5%

Off Akin Adesola Street, Victoria Island (VI), Lagos
6500 sqm
Beatitude Properties
Premium
₦3,000,000,000

Residential land for sale

A 8 Bedroom Detached House with All Room En-Suite Boys Quarters

A 8 Bedroom Detached House with All Room En-Suite Boys Quarters on 1,171.299 sqms in Victoria Island, Lagos This is an exceptional opportunity to acquire a spacious 8-bedroom detached residence occupying a generous 1,171.299 sqm parcel in one of Victoria Island's most desirable residential locations. Situated on Victoria Island, this premium property combines an enviable address with substantial land value, making it ideal for luxury residential living, corporate use, redevelopment, or long-term investment. This is a rare opportunity to own a landmark property in one of Lagos' most prestigious and high-demand neighborhoods. *Ideal For; -Luxury family residence -Diplomatic residence -Corporate headquarters -Boutique hospitality project -Redevelopment into luxury apartments or premium residences (subject to the necessary approvals) -Long-term real estate investment *Why Invest? Prime Victoria Island address Large land holding in a high-value location Secure Certificate of Occupancy (C of O) Excellent capital appreciation potential Suitable for end-users, developers, and institutional investors Features -All bedrooms en-suite -Boys' Quarters -Expansive compound with ample parking space -Large land size of 1,171.299 sqm -Prime location -Secure and serene neighborhood -Excellent road network and accessibility -Strong redevelopment and investment potential Land Size- 1,171.299 SQM Price: N3,000,000,000 Title - Certificate of Occupancy Image code: CPP LD392 To schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9112

Victoria Island (VI), Lagos
1171 sqm
Casa Prime Realty
Premium
₦3,300,000 per sq.m

Land for sale

Plot of Land

For sale Land Size: 2,000 sqm Location: Mike Adenuga, Victoria Island Title: C of O Price: NGN3.3m per sqm For more Enquiries and Viewing Kindly Call/Whatsapp Rosedale Realty Ltd Real Estate Sales and Advisory Fiduciary Contact : +2348068677558 Email: [email protected].

Victoria Island (VI), Lagos
Rosedale Realty LTD.
Premium
₦5,000,000,000

Mixed-use land for sale

1, 314 Sqmstructure: 13 Bedroom Detached House with Boys Quarter

victoria island hot sales corner pieces + prime bareland c of o serious buyers only Vi inventory moving now. C of o in place. Vacant possession and clean deals for buyers ready to execute. listings: 1. Muri okunola street corner piece - size: 1,314 sqm - structure: 13 bedroom detached house with boys quarter - title: lagos state certificate of occupancy - price: ₦5 billion - vacant possession: september 2026 Fillingmany

Muri Okunola Street, Victoria Island (VI), Lagos
Charis Top Luxury Properties
10, 970SQM Prime Waterfront Land
Premium
1
₦41,000,000,000

Mixed-use land for sale

10, 970SQM Prime Waterfront Land

Exclusive mandate sale once-in-a-generation opportunity 10,970SQM prime waterfront land on ozumba mbadiwe road, victoria island N41.7B value fed & lagos C of O Secure a trophy asset in Lagos' most coveted business and luxury corridor. Direct waterfront access on Ozumba Mbadiwe with federal and Lagos C of O in place. The land: - Size: 10,970sqm - Location: Ozumba Mbadiwe Road, Victoria Island - Title: Federal and Lagos State Certificate of Occupancy - Asking Price: N3.8 Million per sqm - Total Value: Approx N41.7 Billion Perfect for luxury residential, mixed-use, or commercial development with direct waterfront access in Lagos' most strategic business district. inup

Ozumba Mbadiwe Road, Victoria Island (VI), Lagos
Charis Top Luxury Properties
Premium
₦3,500,000,000

Residential land for sale

1, 150M² Residential Land with Existing Detached Property

Exclusively for Direct Clients Only for sale - Prime Residential Land with Existing Detached Property Location: Victoria Island, Lagos Financial Summary: Price: ₦3,500,000,000 Brokerage Fee: 5% Property Highlights: 1,150m² Residential Land Existing Detached Property Prime Investment Opportunity Highly Sought-After Location Suitable for Redevelopment Certificate of Occupancy (C of O) Urgent Sale Inspection is strictly by appointment. Ref:000202 important notice: This offering is strictly reserved for serious and financially capable direct clients only. Inquiries from intermediaries or other third parties will not be entertained. Kindly ensure you are prepared to proceed before requesting further details or scheduling an inspection.

Victoria Island (VI), Lagos
1150 sqm
Knight Angels Realties LTD
7800SQM Dry Land
Premium
1
₦2,700,000 per sq.m

Mixed-use land for sale

7800SQM Dry Land

Newly out 7800sqm land located facing the coaster road beside blue waters towers.. Title c of o Od

Victoria Island (VI), Lagos
1000 Parking 7800 sqm
Best Grand Masters Realty

Showing 1–21 of 883 properties

Area Guide

About Victoria Island (VI), Nigeria

Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.

Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.

The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.

Read the full area guide
FAQ

Frequently asked questions

The average price of land for sale in Victoria Island (VI), Lagos is ₦3,500,000,000.

The price of the most expensive land for sale in Victoria Island (VI), Lagos is ₦35,000,000,000.

The price of the cheapest land for sale in Victoria Island (VI), Lagos is ₦1,000,000.

There are 883 available land for sale in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.