10 bedroom Joint Venture Land For Sale Muri Okunola, Victoria Island Lagos

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For sale: Jv @ Victoria Island.

Muri Okunola, Victoria Island Lagos

₦ 5,300,000,000

10 bedroom Joint Venture Land For Sale Muri Okunola, Victoria Island Lagos

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Property Type Land
Sqm 2.1K
Added 22 May 2026

Updated 03 Jun 2026

Description

🏙️ *JV DEVELOPMENT OPPORTUNITY – MURI OKUNOLA, VICTORIA ISLAND 🏙️ 2,148 sqm | ₦5.3B Value | Block of Flats | 10% Facilitation Fee*

Prime residential site on Muri Okunola Street available for JV development. Landowner brings land, developer executes.

📍 *Location:* Muri Okunola Street, Victoria Island, Lagos
📐 *Land Size:* 2,148 sqm
💰 *Land Value*: ₦5.3B
💸 *Premium*: ₦500M ❌ Now ₦300M refundable
🏗️ *Proposal:* Block of flats – residential development

*Requirements to Apply*:
Letter of Intent (LOI)
Developer’s Company Profile
💼 *Facilitation Fee:* 10% of land value

*Why it works*:
- Address: Muri Okunola is one of VI’s most sought-after residential streets
- Location: Walking distance to major hotels, offices, and retail in VI
- Scale: 2,148 sqm fits a premium mid-rise residential block
- Reduced Entry: Premium dropped from ₦500M to ₦300M and is refundable

📲 *For docs, survey & inspection*:

*Serious developers with VI residential experience only.*

Jolay *