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3,000sqm Land with Building in Old Ikoyi, Ikoyi, Lagos
This is a rare opportunity in one of Lagos' most prestigious districts: a 3,000 sqm land parcel in Old Ikoyi, and featuring an existing building. Both the land and structure are for immediate use or redevelopment.
It's your gateway to high returns and prestige. This 3,000 square metres of land in Old Ikoyi, wit existing building, presents immediate revenue possibility or total redevelopment potential.
If you're seeking a landmark investment or long-term asset in Lagos' most prestigious area, this property should be top of your shortlist.
Features
Prime location: high-prestige neighborhood, excellent road access and visibility.
3,000 sqm --- generous size allowing for multiple development options (luxury residences, luxury hotel, corporate offices, embassy, etc.).
Existing Building: suited for immediate occupancy or adaptation; ideal for office use, guest house segments, staff quarters, etc.
Fencing & Security: fully fenced boundary; secure, gated entry; potential for 24-hour surveillance.
Utilities In Place: reliable electricity supply; well connected to municipal water, drainage, and sewer; good internal roadways.
Amenities & Landscaping: mature trees; landscaped green spaces; spacious grounds for parking and recreational areas.
Flexible Lease Terms: long-term lease preferred; terms negotiable for serious tenants; premium rental expected given location and built-in structure
Price: N120,000,000 yearly
5 years lease
10% agency fees apply
Image Code: CPP RR204
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+234 813 868 2907 or, +234 911 064 9112
Property Ref: 3109127 | Last Updated: 13 Oct 2025 | Market Status: Available |
Type: Land | Total Area: 3,000 sqm |
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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