Nicon Town, Lekki, Lagos
₦1,400,000,000
| Property Ref: 3057878 | Added On: 27 Aug 2025 | Last Updated: 29 Aug 2025 |
| Market Status: Available | Type: Land | Total Area: 1,000 sqm |
1,000 sqm Bare Land --- Zone B, Nicon Town Estate, IkateLekki ---
For Sale Governor's Consent
Headline
Prime 1,000 sqm plot in Nicon Town Estate (Zone B), IkateLekki ---
For sale at 1.4B (net).
Titled with Governor's Consent. Ideal for highend residential or boutique development. Viewings by appointment.
Key facts
- Property type: Bare land (plot)
- Location: Nicon Town Estate, IkateLekki, Lagos --- Zone B (estate zoning guidelines apply)
- Land size: 1,000 sqm (contiguous)
- Transaction: For Sale --- price stated as net (no hidden addons)
- Asking price: 1,400,000,000 (One Billion Four Hundred Million Naira) --- net
- Title: Governor's Consent --- documents available for qualified review
- Availability: Immediate --- site inspections by appointment only
- Facilitator fee: 10%
Description
Rare opportunity in the highly sought Nicon Town Estate, IkateLekki: a 1,000 sqm Zone B plot offered for sale at 1.4B (net).
The parcel is titled with Governor's Consent and sits within a secure, wellplanned estate renowned for premium residential developments, excellent security and close proximity to Lekki's commercial and lifestyle amenities.
This plot is ideal for a luxury family residence, duplex development, boutique apartment building or a small gated compound for executive accommodation. Its strategic IkateLekki location provides excellent access to major roads, schools, healthcare and shopping, making it highly attractive for owneroccupiers and investors alike.
Investment highlights
- Prestigious estate address with controlled access and strong neighbourhood appeal.
- Titled with Governor's Consent --- provides a secure foundation for transaction and development.
- Compact 1,000 sqm size suitable for highquality bespoke development or a profitable infill apartment scheme.
- Proximity to Lekki Phase 1, Ajah, and key commercial nodes enhances rental and resale prospects.
- Clear pricing: 1.4B net --- attractive for buyers seeking immediate acquisition without hidden premium layers.
Suggested development options
- Luxury detached mansion / singlefamily villa with garden, pool and guest house.
- Two highend duplex villas (semidetached) with private parking and amenity spaces.
- Boutique apartment block (G+3/G+4) --- 6 to 12 units depending on FAR and estate planning rules.
- Serviced apartments / executive rental suites (buildtolet for expatriate or corporate tenants).Note:
Final permissible density and FAR must be confirmed with estate management and Lagos State planning authorities.
Documents & due diligence
- Governor's Consent (title) --- available for inspection by qualified buyers under NDA.
- Estate site plan & zoning guidelines --- request from estate management.
- Boundary survey
- Recommended prepurchase technical checks: topographic & geotechnical survey, drainage & flood risk check, utility connection feasibility.
- Legal verification: searches for encumbrances, outstanding levies and confirmation of estate covenants.
How we work --- concise process
1. Provide buyer profile and proof of funds to receive baseline documents (including title pack) under NDA.
2. Arrange confidential site inspection by appointment.
3. Submit offer; negotiate Heads of Terms and deposit conditions.
4. Undertake legal & technical due diligence.
5. Execute sale documentation and coordinate transfer with solicitors.
Confidentiality
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.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES*
REF: P. ASHEM
