Nigeria Property Centre

Unfurnished Commercial Land for Rent in Ikoyi, Lagos

There are 20 land for rent in Ikoyi as of 27 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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Premium
₦120,000,000 /yr

Commercial land for rent

Commercial Land

Land for lease Location: Reeve Road, Old Ikoyi, Lagos Size: 1300sqm Price: ₦120m per annum Purpose: Commercial . For more details, pls contact; Oakland Realtors 08155952653, 08168808462

Reeve Road, Old Ikoyi, Ikoyi, Lagos
1300 sqm
Oakland Realty
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
₦250,000,000 /yr

Commercial land for rent

3200SQM of Land

3200sqm of land for lease in old ikoyi for a long lease Good for any commercial purpose Rent:250m per annum

Off Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
3200 sqm
R.W Properties & Consultant LTD
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
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
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
₦50,000,000 /yr

Commercial land for rent

Land Measuring 3500SQM in Old Ikoyi Suit

Land for Lease in old ikoyi. Land measuring 3500sqm in old ikoyi suitable for carlot now available for short lease maximum of 2 years. Fastest finger. Rent Nw50m p.a. gain

Old Ikoyi, Ikoyi, Lagos Added yesterday
3500 sqm
Agape Estate
3400SQM Prime Commercial Land — Bank Road, Ikoyi, Lagos
2
₦250,000,000 /yr

Commercial land for rent

3400SQM Prime Commercial Land

For lease 3400sqm for Lease on Bank Road Ikoyi Price: 250m per year. 2years payment. Lease Terms 5years.

Bank Road, Ikoyi, Lagos
3400 sqm
MR Livingstone Realty
₦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
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
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
₦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
₦435,000,000 /yr

Commercial land for rent

Commercial Land

At jul 26

Kingsway Road, Ikoyi, Lagos
2900 sqm
Niretch Services LTD
Bare Land Lease — Off Bourdilion, Old Ikoyi, Ikoyi, Lagos
5
₦100,000 /yr

Commercial land for rent

Bare Land Lease

Old ikoyi land lease [3 years max lease term] It's a profitable Fenced & Gated land for lease in a very strategic position,off Bourdilion,old ikoyi. Accessible Top Street Central position Bare 1O0M per annum agency 10% Legal 10% Salis

Off Bourdilion, Old Ikoyi, Ikoyi, Lagos
1000 sqm
Go Global Realty
Fenced and Gated Land Measuring 1068SQM — Banana Island, Ikoyi, Lagos
6
₦95,000,000 /yr

Commercial land for rent

Fenced and Gated Land Measuring 1068SQM

Land for Lease @ Banana Island, Ikoyi Land Size 1068 SQM Fenced & Gated Location: Banana Island Estate Ikoyi mixed-use zone Rent: NGN95M per annum let's have your offer Note: perfect for car park or storage, so much more... (temporary structures is allowed base on landowner Approval) Bepr/W

Banana Island, Ikoyi, Lagos
Oip Properties
$1,150,000 /yr

Commercial land for rent

6600SQM Land

Land for lease Location: Glover Road, Ikoyi, Lagos Land Size: 6,600 sqm Description: Prime, well-positioned land suitable for commercial or mixed-use development. Ideal for corporate use, residential development, or institutional projects. Lease Price: ₦230,000 per sqm Tenure: Minimum of 5--10 years (upfront payment required) For more details, pls contact; Oakland realtors 08155952653, 08168808462

Glover Road, Old Ikoyi, Ikoyi, Lagos
6600 sqm
Oakland Realty
₦100,000,000 /yr

Commercial land for rent

Land

1,250m² Land Lease : Off Glover Road, Ikoyi. Rent: 100m (5 Years Maximum Lease) Note: Permanent Structures Is not Allowed. D. R. Krinst

Glover Road, Old Ikoyi, Ikoyi, Lagos
1250 sqm
Go Global Realty
5000SQM Bare Land — Old Ikoyi, Ikoyi, Lagos
3
₦350,000,000 /yr

Commercial land for rent

5000SQM Bare Land

Lease at old ikoyi! *1). Location: ikoyi land size: 5000sqm. ( Bare land) *price: 150k per sqm term: Long. Lease usage: Any Commercial Activities Micb

Old Ikoyi, Ikoyi, Lagos
Agape Estate
Commercial Land Measuring 1,300SQM — Reeve Road, Ikoyi, Lagos
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

Showing 1–20 of 20 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.

Prices for furnished commercial land for rent in Ikoyi, Lagos go up to around ₦493,000,000 a year.

Prices for furnished commercial land for rent in Ikoyi, Lagos start from around ₦250,000 a year.

There are 20 available furnished commercial land for rent in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.