Osita Island , Orange Island Axis, Lekki, Lagos
₦660,000,000
| Property Ref: 3079789 | Added On: 07 Sep 2025 | Last Updated: 07 Sep 2025 |
| Market Status: Available | Type: Land | Total Area: 1,100,000 sqm |
Listing Title:
Prime 110Hectare Dry Land at Ostia Island (Beside Orange Island), Lekki Phase 1 ---
Lagos C of O
Overview:
Exceptional largescale landholding for sale in Lekki Phase 1 --- 110 hectares (1,100,000 sqm) of dry land on Ostia Island, positioned beside Orange Island. Titled with Lagos State Certificate of Occupancy (C of O). This is a strategic acquisition for institutional investors, developers or highnetworth buyers looking to execute largescale residential, mixeduse, commercial or masterplanned projects in one of Lagos' fastestappreciating corridors.
Key Details:
- Property type: Vacant dry land (largescale)
- Size: 110 hectares (1,100,000 sqm)
- Location: Ostia Island, beside Orange Island --- Lekki Phase 1, Lagos
- Title: Lagos State Certificate of Occupancy (C of O)
- Asking price: 600 per sqm
- Indicative total price: 660,000,000 (1,100,000 sqm x 600/sqm)
- Photos: Available on request
Location & Accessibility:
- Situated within the Lekki Phase 1 area --- highvalue address with strong demand for development
- Positioned beside Orange Island (Ostia waterfront precinct) --- potential for waterfrontoriented projects and high exposure
- Proximity to major Lekki road corridors and upcoming/inplace infrastructure that supports development (confirm access routes and utility availability during inspection)
Investment & Development Opportunities:
- Ideal for large masterplanned residential estates, gated community, serviced plots, or luxury housing
- Suitable for mixeduse development: retail precincts, offices, hospitality (hotels/resorts), and recreational amenities
- Potential for phased development or subdivision --- attractive for joint ventures (JV), publicprivate partnerships (PPP), or sale of parcels to developers
- Longterm capital appreciation expected given Lekki Phase 1 location and ongoing growth dynamics
Advantages & Selling Points:
- Very large contiguous dry land parcel --- rarity and scale suitable for transformative projects
- Clear Lagos State C of O title --- reduces acquisition risk compared to untitled holdings (buyers still advised to verify)
- Beside Orange Island --- strategic visibility and proximity to highend developments
- Flexible: seller open to parceling/sale of portions (confirm minimum parcel sizes and pricing with seller)
Due Diligence, Regulatory & Technical Considerations:
Prospective buyers should perform standard and projectspecific due diligence, including but not limited to:
- Title verification: Confirm Lagos C of O authenticity, survey plan and chain of ownership
- Land use & planning checks: Confirm permitted uses, zoning, and required approvals with Lagos State authorities and planning agencies
- Environmental & geotechnical assessments: Flood risk study, soil tests, and environmental impact assessment where applicable
- Infrastructure & services: Confirm access roads, power, water, drainage, and waste management provisions
- Coastal/regulatory compliance: Where close to waterfronts, verify any coastal protection, reclamation or specialized permits required
Price & Terms:
- Price per sqm: 600
- Indicative total: 660,000,000 for the full 110 hectares (confirm final pricing and any associated fees)
- Seller may consider splitting parcels --- exact terms, minimum parcel size and pricing to be discussed
- Buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, and any development levies)
Viewing & Next Steps:
- Site visits and inspections available by appointment for serious/qualified buyers
- Documents (C of O, survey plan, site photos) available to verified purchasers on request
- Video/virtual tour can be provided on request
- Recommended next steps: request documents, conduct site visit, instruct legal/title search and commission technical surveys
Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Ref: daka
