Developer's Delight -- Prime 1,000sqm Redevelopment Opportunity
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Property Description
DEVELOPER'S DELIGHT -- PRIME 1,000SQM REDEVELOPMENT OPPORTUNITY
Thomas Estate, Ajah -- Lagos
Land Size: 1,000sqm
Asking Price: ₦150,000,000
Title: Certificate of Occupancy (C of O) + Governor's Consent
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️ INVESTMENT SUMMARY
An existing demolishable structure sitting on a full 1,000sqm plot in the heart of Thomas Estate, Ajah.
This is strictly a land-value sale --- ideal for developers looking to build and maximize returns in a high-demand residential location.
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WHY THIS IS A SMART BUY
Prime estate location
Fully fenced & gated compound
Flat, dry land
Good road access
Fully developed neighborhood
High rental & resale demand
Rapid appreciation corridor
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DEVELOPMENT POTENTIAL
This 1,000sqm plot can comfortably accommodate:
- 4--6 Units of Luxury Terrace Duplexes
- Multiple Semi-Detached Units
- 2--3 Fully Detached Luxury Homes
- Blocks of Flats
- Shortlet Apartments
- School / Mini Estate Project (subject to approval)
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ROI POTENTIAL
Thomas Estate is a high-demand residential zone with strong rental income potential and consistent capital appreciation.
Perfect for:
- Developers
- Joint Venture projects
- Smart investors
- Land banking strategy
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Prime land in Thomas Estate at ₦150m is a strategic acquisition.
Serious Developers & Investors Only
Inspection strictly by appointment.
Property Details
| Property Ref: 3342574 | Added On: 14 Feb 2026 | Last Updated: 19 Jun 2026 |
| Market Status: Available | Type: Detached Duplex | Bedrooms: 7 |
Interesting Facts
Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break the bank, Ajah is the place to go.
Leisure and Shopping
Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.
Popular Estates
Seaside Estate, Ocean Palm Estate, Peninsula Estate, Peaceville Estate, Royal Gardens Estate, Sunview Estate, Divine Homes, and others are notable estates.
Day Life
Fair Acres, located in Awoyaya, is a world-class park. It is a private country club that offers a variety of activities to its members, guests, families, and children. There is a kayaking lake, a world-class pool, a play area, a picnic area, a gym, a volleyball court, a restaurant, a bar, and an event venue, among other things.
Night Life
There are lounges, bars, and nightclubs all over the place. Simply choose your favourite....
Schools
Crane College, Busy Minds College, Jesilo High School, Lakefield Schools, Edidot College, Alpha Covenant Heritage School, Lakewood British School, Learning Ladder Montessori Schools, Readington School, Amber Ville School, Goldenline School, and others are among the schools that have made quality education accessible.
Read the full area guide for Ajah, Lagos.
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Disclaimer
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Nehita Street, Lekki Ajah, Lagos, Nigeria
0706 XXXX Show Phone
07065781519
Registered 5 years ago
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