Nigeria Property Centre

Unfurnished Land for Rent in Ikoyi, Lagos

There are 59 land for rent in Ikoyi as of 11 Oct 2026, with an average price of ₦100M. 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
₦230,000 /yr

Land for rent

6,600SQM Land Plot

This exceptional 6,600sqm land plot in Old Ikoyi, Lagos presents a rare leasehold investment opportunity in one of the city's most sought-after residential and commercial districts, available at ₦230,000 per square metre on flexible lease terms of 5--10 years with upfront payment. The substantial size and prime Old Ikoyi location make this land for lease ideal for corporate headquarters, residential development, institutional projects, commercial car lots, or recreational facilities---offering versatile development potential in a neighbourhood renowned for its prestige and accessibility. As a significant real estate asset in Old Ikoyi, Lagos, this 6,600sqm plot benefits from established infrastructure, proximity to key business hubs, and strong capital appreciation prospects, making it an attractive proposition for developers and institutional investors seeking long-term leasehold holdings. The transparent lease structure, combined with the property's strategic location and scale, positions this offering as a compelling alternative to land for sale in Old Ikoyi for investors prioritising operational flexibility over outright ownership. Contact us to arrange a comprehensive site visit and discuss customised lease terms for your development or corporate requirements. Property Features: - Corporate use - Residential development or Institutional project- - Car lot - Recreational- park Financial Details: - Price: ₦230,000 - Agency Fee: 10% gross lease value - Legal Fee: 10% gross lease value Old Ikoyi ₦230,000

Old Ikoyi, Ikoyi, Lagos
6600 sqm
Monuel Properties & Co
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
₦80,000,000 /yr

Land for rent

1000SQM Land

Land measuring approx 1000sqm at kuramo road is for lease. Lease Amount: 80m/Annum Minimum Payment: 3yrs Payment.

Kuramo Road, Ikoyi, Lagos
1000 sqm
Monuel Properties & Co
Premium Land in a Secured Estate — Banana Island, Ikoyi, Lagos
Premium
2
₦80,000,000 /yr

Mixed-use land for rent

Premium Land in a Secured Estate

For rent in ikoyi mix-use Land for Lease in Ikoyi An exclusive plot measuring 1,068 SQM, located in a high-end, estate in Ikoyi, Lagos. Location: Banana Island ikoyi (MIX- used ZONE) Land Size: 1,068 SQM Status: Fenced & Gated Zoning: Mixed-Use of Banana Island Rent: ₦80M per annum Ideal For: Commercial or Residential Uses Call/WhatsApp -- 07068076609

Banana Island, Ikoyi, Lagos
1068 sqm
Deherculean Enterprises
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
₦120,000,000 /yr

Mixed-use land for rent

1,250SQM Land

Land Size: 1,250m² Off Glover Road, Ikoyi. Rent: 120m p.a = 600m (5 Years Maximum Lease) Legal fee: 5% = 30m Agency fee: 10% = 60m Total = 690m Note: No Permanent Structures Is Allowed.

Off Glover Road, Ikoyi, Lagos
1250 sqm
Amp Homes and Investment Limited
Premium
₦80,000,000 /yr

Land for rent

Land Measuring Approx 1000SQM

Land measuring approx 1000sqm at kuramo road is for lease. Lease Amount: 80m/Annum Minimum Payment: 3yrs Payment. Contact: 08064089841

Kuramo Road, Ikoyi, Lagos
1000 sqm
Mara De Realtor
Premium
₦250,000,000 /yr

Land for rent

Prime Commercial 2800SQM 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
C W Real Estate
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
Commercial Bare Land — Off Bourdilion Mcpherson, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦80,000,000 /yr

Land for rent

Commercial Bare Land

Bare Land Lease Old ikoyi 1000sqm coner piece land on McPherson Rd ikoyi Lagos Title :Lago State CofO price 80m per annual with minimum of 3 years lease Slf

Off Bourdilion Mcpherson, Old Ikoyi, Ikoyi, Lagos
1000 sqm
Go Global Realty
Land at 950 SQM — Ikoyi, Lagos
Premium
2
₦120,000,000 /yr

Land for rent

Land at 950 SQM

Semi Direct Brief 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

Ikoyi, Lagos
Omidan Limited
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
₦80,000,000 /yr

Mixed-use land for rent

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
Kotoye and Co. Real Estate Ventures
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
Premium
₦120,000,000 /yr

Land for rent

1, 400 SQM Expanse of Land

Land in old ikoyi available for long lease SlvKel a well appointed parcel of land off Glover Road Old Ikoyi is available for long lease upto 5-10years under the following terms and conditions: 1. Upto 1400sqm in a rectangular shape is to be carved out from an acre of land 2. The lease will be 5-10 years certain 3. The price is N120million per year and payment for 5years in advance is required 4. Agency 10% and Legal 10% 5. The use is to be discussed and agreed by the owner

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
360 Degree 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

Showing 1–20 of 59 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 land for rent in Ikoyi, Lagos is ₦100,000,000 a year.

Most furnished land for rent in Ikoyi, Lagos are priced between ₦80,000,000 and ₦120,000,000 a year.

Prices for furnished land for rent in Ikoyi, Lagos go up to around ₦1,500,000,000 a year.

Prices for furnished land for rent in Ikoyi, Lagos start from around ₦170,000 a year.

There are 59 available furnished land for rent in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.