Redevelopment Opportunity: 2,396 SQM Land on Chief Yesufu Abiodun Oniru Road, Victoria Island

Redevelopment Opportunity: 2,396 SQM Land on Chief Yesufu Abiodun Oniru Road, Victoria Island. 

2396 SQM land parcel on Chief Yesufu Abiodun Oniru Road near City of David VI


🏢 FOR SALE – CHIEF YESUFU ABIODUN ONIRU ROAD, VICTORIA ISLAND

A rare redevelopment and investment opportunity comprising a substantial residential complex on a large land parcel, strategically located on Chief Yesufu Abiodun Oniru Road, the same corridor as City of David.

📍 Location: Chief Yesufu Abiodun Oniru Road, Victoria Island, Lagos
📐 Land Size: Approx. 2,396sqm
📜 Title: 90 Year Lease (Commenced November 9, 2002)

✨ Development Details
• 🏢 8 Units of 3 Bedroom Apartments with Service Quarters
• 🏢 4 Units of 1 Bedroom Apartments
• 🏢 2 Units of 1 Bedroom Attic Apartments
• 🏡 2 Units of 4 Bedroom Semi Detached Houses with Service Quarters
• 🌇 Large Attic Floor with 2 Additional Rooms & Wet Bar
• 🛡️ Gatehouse with Service Facilities
• 🏊 Swimming Pool
• 💪 Gym
• ⚡ Dedicated 320kVA Transformer
• ⚡ 350kVA Standby Generator
• 💧 Boreholes, Water Treatment Plants & Central Water Storage System
• 🚗 Ample Parking & Estate Infrastructure

💰 Asking Price: ₦3,750,000,000

💡 Ideal For
• Luxury Residential Redevelopment

Why Invest in This Location?

1. Unmatched Corridor: Situated on Chief Yesufu Abiodun Oniru Road, offering fast access to both the heart of Victoria Island and Lekki Phase 1.

2. High Redevelopment Yield: 2,396 SQM provides ample footprint for a luxury multi-story residential tower or premium boutique commercial office block.

3. Established Utilities: Existing heavy power (320kVA transformer) and central water treatment significantly reduce initial site preparation costs for new development.


Enquiries & Inspection

For site inspections, title verification details, and transaction procedures, contact:

Representative: Owada Properties
Call / WhatsApp: 07070434999
Email: amaradanielrealtor@gmail.com

#Ben

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