Nigeria Property Centre

Unfurnished Commercial Land for Rent in Ikoyi, Lagos

There are 21 land for rent in Ikoyi as of 7 Oct 2026, with an average price of ₦120M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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1–20 of 21 properties for rent

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Premium
₦230,000 /yr

Commercial land for rent

6,600SQM Land

Land for lease -- glover road, ikoyi prime commercial land in prestigious ikoyi district Location: Glover Road, Ikoyi, Lagos Land Size: 6,600 sqm Lease Price: ₦230,000 per sqm Features : - Strategically positioned for corporate headquarters or mixed-use development - Surrounded by high-end residential and commercial properties - Excellent road access and visibility - Ideal for institutional or luxury projects - Secure tenure: Minimum of 5--10 years (upfront payment required)

Glover Road, Old Ikoyi, Ikoyi, Lagos
Kings Property
2, 900SQM Commercial Land Strategically Located — Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Premium
3
₦170,000 /yr

Commercial land for rent

2, 900SQM Commercial Land Strategically Located

Sdirect commercial land for lease -- old ikoyi must GO this week .. Prime 2,900sqm commercial land strategically located and suitable for a wide range of commercial activities... Can be separated as follows For the front land 2000sqm Rent: ₦170,000 per sqm (Slightly Negotiable) For 900sqm backland Rent: ₦150,000 per sqm location: Directly on kingsway road, old ikoyi _Send a DM today for more information, inspection, and lease terms._

Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Leviticus Properties
Premium
₦250,000,000 /yr

Commercial land for rent

2800SQM Commercial Land

An exceptional 2,800sqm land parcel is available for lease in the prestigious Old Ikoyi, Lagos. Located in one of Lagos' most exclusive neighborhoods, this site offers a prime opportunity for commercial or temporary development projects requiring a premium address. The lease is available for 3 years, with the possibility of review, making it ideal for businesses seeking a strategic location with flexible lease terms. Property Details Location: Old Ikoyi, Lagos Property Type: Land for Lease Land Size: 2,800sqm Annual Rent: ₦250,000,000 Lease Duration: 3 Years (Subject to Review) Property Highlights - Prime Old Ikoyi Location - 2,800sqm Development Site - Excellent Accessibility - Prestigious Neighborhood - Suitable for Various Commercial Uses - Flexible Lease Review Option Suitable Uses - Experience Centre - Luxury Showroom - Corporate Office Development - Event Venue - Temporary Commercial Development - Brand Activation Hub - Other Commercial Projects Lease Terms Lease Duration: 3 Years (Reviewable) Upfront Payment: 2--3 Years Rent Investment Highlights - Prestigious Old Ikoyi Address - High Visibility and Accessibility - Premium Commercial Location - Flexible Lease Structure - Excellent Business Environment Ideal Tenant This property is ideal for corporate organizations, developers, luxury brands, event companies, and businesses seeking a premium land lease in Old Ikoyi. Annual Rent ₦250,000,000 Location Old Ikoyi, Lagos Land Size 2,800sqm Property Type Land for Lease

Old Ikoyi, Ikoyi, Lagos
2800 sqm
Monuel Properties & Co
Premium
₦125,000,000 /yr

Commercial land for rent

Prime Commercial 1600SQM Land

Secure a prime 1,600sqm commercial land in the prestigious Ikoyi, Lagos. Offering excellent accessibility and a strategic location, this property is ideal for businesses seeking a long-term lease in one of Lagos' most sought-after commercial districts. Suitable for a wide range of commercial developments, this site presents an excellent opportunity for corporate organizations, hospitality operators, healthcare facilities, and other commercial ventures. Property Details Location: Ikoyi, Lagos Property Type: Commercial Land Land Size: 1,600sqm Annual Rent: ₦125,000,000 Lease Term: 10 Years (Upfront Payment) Property Highlights Prime Ikoyi Location 1,600sqm Land Parcel Suitable for Commercial Development Excellent Accessibility High-Visibility Location Long-Term Lease Opportunity Suitable Uses Corporate Headquarters Office Development Healthcare Facility Educational Institution Hospitality Development Showroom Commercial Plaza Investment Highlights Prestigious Ikoyi Address Long-Term Commercial Lease Excellent Business Environment Strong Commercial Potential Prime Development Opportunity Ideal Tenant This property is ideal for corporate organizations, developers, healthcare providers, educational institutions, hospitality brands, and investors seeking a premium commercial site in Ikoyi. Rent ₦125,000,000 per annum Lease Term 10 Years (Upfront Payment) Location Ikoyi, Lagos Land Size 1,600sqm Property Type Commercial Land

Ikoyi, Lagos
1600 sqm
C W Real Estate
Premium
₦150,000

Commercial land for rent

Commercial 2900SQM Land

Presenting an exceptional leasing opportunity in the prestigious Old Ikoyi, Lagos. This expansive 2,900sqm commercial land is strategically located in one of the city's most sought-after business and residential districts, offering excellent accessibility and outstanding development potential. Ideal for businesses seeking a premium address, this property provides the flexibility to accommodate a wide range of commercial developments and operations. Property Features 2,900sqm commercial land Prime location in Old Ikoyi Development-ready site Suitable for commercial and mixed-use developments Excellent accessibility High-visibility location Secure and prestigious neighborhood Strong commercial and investment potential Suitable For: Corporate headquarters Office complex Banking hall Showroom Healthcare facility Educational institution Hospitality development Retail development Mixed-use commercial project Other approved commercial activities Ideal Tenant This property is ideal for corporate organizations, multinational companies, financial institutions, healthcare providers, hospitality brands, educational establishments, and developers seeking a premium commercial location in Old Ikoyi. Lease Details Lease Rate: ₦150,000 per sqm per annum Land Size: 2,900sqm Location: Old Ikoyi, Lagos

Ikoyi, Lagos
2900 sqm
C W Real Estate
1068SQM Vacant Commercial Plot — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Commercial land for rent

1068SQM Vacant Commercial Plot

Commercial land measuring 1068sqm for long lease located within the Mixed-Use Zone, Banana Island Estate, Ikoyi, Lagos. Site details: Square-shaped site, Front Plot, Flood-free site; 1068sqm, etc. Suitability: Erection of temporary structures, Car Show-Room, Gym, Shopping Mall, Construction equipment storage, etc. Term: Minimum of 5 Year Lease. Rent is NGN80,000,000 (EIGHTY million naira ONLY) per annum. All pricing are as at august 19, 2025 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
1068 sqm
First Colony Real Estate Company LTD
Premium
₦250,000 /yr

Commercial land for rent

2700 SQM Bare Land Along a Major Road

Direct Brief We have bare land of 2,700sqm for lease on Alfred Rewane Road ikoyi 3 years max. N250k/sqm. Asking rent.

Alfred Rewane, Ikoyi, Lagos
Ben Wealth Properties
A Land Measuring 2900 SQM — Facing Awolowo, Ikoyi, Lagos
Premium
2
₦435,000,000 /yr

Commercial land for rent

A Land Measuring 2900 SQM

Available for lease in old ikoyi Land Size For Lease 2,900sqm 150k per sqm/ Annum Location: off Bourdilion Ikoyi The Land is Facing Awolowo Road Minimum: 5 Years Lease awdsunvic

Facing Awolowo, Ikoyi, Lagos
2900 sqm
Awodd Properties LTD
Prime Land for Commercial Use in Secured Area — Off Glover Road, Old Ikoyi, Ikoyi, Lagos
Premium
9
₦130,000,000 /yr

Commercial land for rent

Prime Land for Commercial Use in Secured Area

For long lease in ikoyi: A 1,300m² parcel of land off Glover Road @ #130m/a asking .Terms : 5 years lease PS: No permanent structures are allowed.

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
1300 sqm
Divention Properties Limited
Commercial Land Measuring 1, 300SQM — Reeve Road, Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Commercial land for rent

Commercial Land Measuring 1, 300SQM

Hot land for lease Fenced land measuring approximately 1300sqm on reeve road ikoyi, Lease terms: 10 years Initial payment: 5 years Legal and Agency 10% each

Reeve Road, Ikoyi, Lagos
1300 sqm
Walere Properties Link Enterprise
Premium
₦80,000,000 /yr

Commercial land for rent

Commercial Land Lease

Ikoyi land lease Fully fenced 1000m2 of empty land on off McPherson Ikoyi. Price : N80m/annum Asking 3years maximum duration.

Mcpherson, Ikoyi, Lagos
1000 sqm
Go Global Realty
₦250,000,000 /yr

Commercial land for rent

2700 SQM Commercial Land

2700 sqm. Bare land. NGN 250m annually, asking price. Ikoyi, Lagos. 3 years' upfront payment is required.

Old Ikoyi, Ikoyi, Lagos Added yesterday
2700 sqm
Emdagab Integrated Limited
Commercial Land 2700 SQM on Busy Road — Alfred Rewane, Ikoyi, Lagos
1
₦250,000 /yr

Commercial land for rent

Commercial Land 2700 SQM on Busy Road

Land To Let semi A bare land measuring 2,700sqm at Alfred Rewane Road ikoyi Rent N250k/sqm. Asking rent. Lease term: 3years Agency 10% Legal 10%

Alfred Rewane, Ikoyi, Lagos
2700 sqm
Wifis and Avaland
₦493,000,000 /yr

Commercial land for rent

2900SM Land for Commercial Use

2900sm land on Kingsway Road commercial use 170k per sm

On Kingsway Road, Old Ikoyi, Ikoyi, Lagos
2900 sqm
R.W Properties & Consultant LTD
₦120,000,000 /yr

Commercial land for rent

950 SQM of Land

For Lease 950 sqm of land at Reeve Road, Ikoyi. Usage: church or any use that could constitute noise pollution is not allowed. Term: 5years lease Rent: 120million per annum . Video Available. Ola

Reeve Road, Ikoyi, Lagos
950 sqm
Hova Oy Concept
950SQM Land — Ikoyi, Lagos
1
₦120,000,000 /yr

Commercial land for rent

950SQM Land

Land for Lease semi 950 sqm of land at old Ikoyi Lagos. Usage: church or any use that could constitute noise pollution is not allowed. Rent: 120million per annum Agency 10% Legal discussable Term 5years Video available x

Ikoyi, Lagos
950 sqm
Wifis and Avaland
₦725,000,000 /yr

Commercial land for rent

Commercial Land Measuring 2900SQM

Prime roadside commercial land in ikoyi ikoyi SQM: 2900sqm 250k/sqm per annum Minimum lease term: 2 years

Alfred Rewani, Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
₦435,000,000 /yr

Commercial land for rent

2900SQM of Land Available

Available for lease in old ikoyi Land Size For Lease 2,900sqm 150k per sqm/ Annum Location: Off Bourdillon Ikoyi Minimum: 5 Years Lease

Off Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
₦100,000,000 /yr

Commercial land for rent

1, 000SQM Land

*Available for Lease 1,000sqm land @ Ikoya Avenue ikoyi , for lease maximum 3 yrs N100m asking per annum Video available

Ikoyi Avenue Ikoyi, Old Ikoyi, Ikoyi, Lagos
1000 sqm
R.W Properties & Consultant LTD
2, 900SQM Commercial Land Strategically Located and Suitable for a Wide Range of Commercial Activities — Old Ikoyi, Ikoyi, Lagos
2
₦435,000,000 /yr

Commercial land for rent

2, 900SQM Commercial Land Strategically Located and Suitable for a Wide Range of Commercial Activities

Commercial land for lease -- old ikoyi Just Out! Prime 2,900sqm commercial land strategically located and suitable for a wide range of commercial activities... Location: Kingsway road, old ikoyi Rent: ₦150,000 per sqm _Send a DM today for more information, inspection, and lease terms._ Picture2sam

Old Ikoyi, Ikoyi, Lagos
Agape Luxury Estate

Showing 1–20 of 21 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of furnished commercial land for rent in Ikoyi, Lagos is ₦120,000,000 a year.

Most furnished commercial land for rent in Ikoyi, Lagos are priced between ₦80,000,000 and ₦250,000,000 a year.

Prices for furnished commercial land for rent in Ikoyi, Lagos go up to around ₦725,000,000 a year.

Prices for furnished commercial land for rent in Ikoyi, Lagos start from around ₦230,000 a year.

There are 21 available furnished commercial land for rent in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

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