1,030sqm Joint Venture Land, Victoria Island

1,030sqm Joint Venture Land, Victoria Island - 1
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Price Analysis Great Deal

Based on 349 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Victoria island Lagos
Agent Fee
₦ 10
Facilities
Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Residential
Square meters
1,030 sqm
Type of Purchase
per Sqm
Development Status
Fully Developed

1,030sqm Joint Venture Land, Victoria Island Highlights

  • Prime Victoria Island Location: Victoria Island is a highly sought-after commercial and residential hub in Lagos, known for its upscale amenities, business districts, and vibrant lifestyle.
  • Generous 1030 sqm Plot Size: This substantial plot offers ample space for various development possibilities, ideal for constructing multiple units or a large single-family residence.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) signifies legal ownership and is a crucial document for property development and transactions in Nigeria.
  • Established Residential Area: Properties in established residential zones benefit from existing infrastructure and a stable community environment, often with good access to services.
  • Essential Utility Connections: The presence of water supply, electric supply, and gas supply ensures that a property is ready for development and habitation with basic services.
  • Paved Access Road: Good road networks, especially paved access, are vital for easy transportation of materials during construction and for convenient daily commutes.

Description

• 1,030 sqm plot located in Victoria Island, Lagos. • Land value assessed at #3 billion, with a Certificate of Occupancy (C of O) title. • Owner is open to development proposals from established developers with prior experience in Victoria Island, Ikoyi, or Lekki. • Facilitator's fee is 10% of the deal value. • This is a semi-direct brief, prioritizing direct or semi-direct engagement. • An additional JV opportunity in Ikoyi is available: 1400 sqm, 2nd Avenue, with a land value of #4.9 billion and a good title, premium is nil.

Compare

1,030sqm Joint Venture Land, Victoria IslandThis item
1,030sqm Joint Venture Land, Victoria Island
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Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass
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TypeResidential LandMixed-use LandResidential Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply——
TitleCertificate of OccupancyDeed of Assignment, Sale AgreementSale Agreement
AddressVictoria island LagosUroho 1 off Sapele Road bypassApapa Moniya Ibadan
Agent Fee₦ 10₦ 300,000₦ 500,000
Listing byAgentAgentAgent
Access RoadPaved Road—Paved Road
Property UseResidentialMixedResidential
Square meters1,030 sqm464 sqm300 sqm
Type of Purchaseper SqmOutright PriceOutright Price
Development StatusFully DevelopedFully DevelopedPartially Developed
Price₦ 4,900,000₦ 5,500,000₦ 5,000,000