Ikoyi, Lagos
₦5,000,000,000
| Property Ref: 3572343 | Added On: 14 Jul 2026 | Last Updated: 14 Jul 2026 |
| Market Status: Available | Type: Land | Total Area: 3,944 sqm |
FOR SALE
Prime Ikoyi Development Site
Executive Summary
An exclusive acquisition opportunity in Ikoyi, Lagos: a prime 3,944.38 sqm development parcel with a valid Certificate of Occupancy, positioned for luxury residential, premium commercial or mixeduse development. Strategically located in one of Nigeria's most prestigious neighbourhoods, the site offers significant longterm capital appreciation potential.
Key Highlights
- Location: Ikoyi, Lagos (prime address)
- Land Size: 3,944.38 square metres
- Title: Certificate of Occupancy (C of O)
- Asking Price: 5,000,000,000
- Status: Available for Immediate Acquisition
- Suitable for: Luxury apartments, premium commercial development, mixeduse projects, corporate headquarters, diplomatic or boutique hotel use
- Development Potential: High --- ideal for highend residential and commercial schemes
- Investment Appeal: Scarcity of large development sites in Ikoyi supports strong capital appreciation prospects
Property Details
- Site Area: 3,944.38 sqm (clear, contiguous development parcel)
- Legal Status: Registered C of O in place --- ready for immediate transaction and development planning
- Zoning/Use: Suitable for highdensity luxury residential, commercial or mixeduse development (subject to relevant approvals)
- Accessibility: Located within Ikoyi's established road network with close proximity to major transport routes, business districts, and amenities
- Surrounding Context: Highnetworth residences, multinational corporate offices, diplomatic missions and premium retail/amenity offerings
Development Suitability & Opportunities
- Luxury Residential: Ideal for upscale apartments, penthouses, or gated condominium development targeting highincome buyers and expatriates
- MixedUse: Strong case for combining residential, retail and serviced office components to capture multiple income streams
- Commercial/Corporate: Suitable for boutique corporate headquarters, embassies/consulates, or premium office/leisure developments
- Hospitality: Potential for boutique or small luxury hotel given location and demand profile
- Value Creation: Strategic redevelopment, highquality design and premium finishes expected to command toptier pricing and strong rental yields
Investment Rationale
- Scarcity Value: Large contiguous development sites in Ikoyi are rare, elevating longterm land value
- Prime Address: Ikoyi remains among Nigeria's most soughtafter neighbourhoods by HNWIs, corporates and international entities
- LongTerm Appreciation: Limited land supply and sustained demand underpin strong capital growth prospects
- Strong Demand Drivers: Prestige, infrastructure, security and proximity to Lagos business nodes sustain consistent demand for luxury and premium assets
Transaction & Next Steps
- Asking Price: 5,000,000,000
- Availability: Immediate acquisition possible; viewings and site inspections by appointment
- Due Diligence: C of O available for review; prospective buyers encouraged to conduct technical, planning and legal due diligence
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