Residential land for sale
Off Omorinre Johnson Street, Lekki Phase 1, Lekki, Lagos
Distress sale -- lekki phase 1
900sqm with demolishable structure
off omorinre johnson street, lekki phase 1
prime redevelopment opportunity in a highly sought-after location.
vacant possession
title: certificate of occupancy (c of o)
ideal for luxury residential redevelopment
asking: ₦1.3 billion
owner is motivated --- offers around ₦1.27 billion may be considered.
on omorinre johnson, land is scarce. with this corner piece, you can put two gates on two different streets. you can build four 5-bedroom terraces, and each will feel like a standalone house. in today's market, you'll flip those for ₦650m each. that's ₦2.6 billion in revenue on a ₦1.3 billion land investment. the numbers speak for themselves."
why buy this?
size advantage: 50% larger than a standard plot.
corner advantage: dual street access for multiple gates.
profit advantage: build 4 units instead of 2.
the numbers: while others pay ₦1.8m/sqm, you are paying ₦1.44m/sqm.
omorinre johnson, lekki 1.
title: c of o.
owner is motivated.
contact rediva homes to close this ₦500m profit opportunity.
let's inspect and submit a strong offer.
serious buyers on...
More details
₦1,300,000,000
Rediva Homes
08107220568
