Lekki Phase 1, Lekki, Lagos
₦4,000,000,000
| Property Ref: 3397385 | Added On: 19 Mar 2026 | Last Updated: 19 Mar 2026 |
| Market Status: Available | Type: Land | Total Area: 2,394 sqm |
FOR SALE --- PRIME 2,394 SQM MIXEDUSE SITE WITH STRUCTURES, LEKKI PHASE 1
An exceptional, closeable opportunity in Lekki Phase 1: a sizable, developmentready parcel with existing structures and clean state title --- perfect for an investor or developer seeking immediate presence on one of Lagos's most desirable corridors.
Quick Facts
- Location: Lekki Phase 1 (highly sought residential / commercial corridor)
- Land Size: 2,394 sqm (single, contiguous parcel)
- Title: Governor's Consent --- verifiable and transferrable for institutional transactions
- Condition: Existing mixeduse structures on site (ideal for immediate income or refurbishment)
- Price: 4,000,000,000 (Four Billion Naira)
Headline Appeal
Rarely does a parcel of this scale and quality become available in Lekki Phase 1. This is a premium lot that combines strategic frontage, proven location appeal and immediate utility --- choose to refurbish and lease the existing asset for cashflow or redevelop to maximise GDV. Either route offers compelling upside in a market where demand outstrips supply.
Why this is a mustsee
- Prime positioning: Lekki Phase 1 attracts highincome residents, premium retail and corporate occupiers --- location drives strong capital appreciation and persistent tenant demand.
- Development flexibility: 2,394 sqm supports a range of highyield options --- mixeduse podium, luxury apartments, boutique hotel, corporate offices with retail podium, or serviced apartments.
- Immediate income potential: existing structures can be retained and monetised while planning and approvals for redevelopment proceed.
- Clean title: Governor's Consent eases bankability and institutional interest; documentation available for qualified buyers.
- Scarcity & scale: Large contiguous parcels inside Lekki Phase 1 are rare --- this holding is strategic for developers seeking meaningful density and design freedom.
Ideal Uses
- Mixeduse development: retail podium + offices + residential units
- Luxury apartment or serviced apartment complex
- Boutique hotel or hospitality conversion
- Corporate campus / training & conference centre with F&B amenity
- Assethold for longterm rental income and capital appreciation
Investment Highlights
- Strong rental market and resale demand in Lekki Phase 1 --- rapid absorption for quality product.
- Option to generate cashflow immediately from existing structures while preparing redevelopment.
- Title and site scale support bank financing, JV structures or phased development strategies.
- Strategic asset for HNWIs, developers, institutional investors and hospitality brands.
Transaction Readiness & Next Steps
- Price: 4.0B --- serious and qualified buyers only.
- Documentation: Governor's Consent and site particulars available for verification following NDA and proof of funds.
- Viewings: Inspections by appointment for prequalified parties.
- Process: Submit LOI NDA Proof of Funds access to data room and site inspection Heads of Terms swift close.
Seize the opportunity
This is a closeable, highimpact Lekki Phase 1 parcel that offers both immediate utility and outstanding longterm upside. For confidential enquiries, to request the duediligence pack or to arrange a private viewing, please contact us with proof of funds. Serious buyers only.
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