4,000 Sqm Of Land
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Property Description
Hot Sale in Ikoyi Off Macdonald
4,000 SQM Vacant Land Fully Fenced LASG C of O (70 Years Residue) ₦4.5M per SQM
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Property Overview
- Location: Off Macdonald Road, Ikoyi, Lagos -- a prime, high-value district.
- Land Size: 4,000 SQM.
- Title: Lagos State Certificate of Occupancy (C of O) with 70 years residue.
- Asking Price: ₦18,000,000,000 (₦4,500,000 per SQM).
- Status: Vacant, fully fenced, and ready for development.
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Key Highlights
- Prime Ikoyi Location: Off Macdonald places this land in one of the most prestigious and sought-after neighbourhoods in Lagos, ideal for high-end residential or luxury mixed-use development.
- Large & Secure Parcel: At 4,000 SQM, this is a sizable plot in core Ikoyi, already fully fenced for security and privacy.
- Strong Title: Lagos State C of O with 70 years remaining provides a solid, bankable title for investors and developers.
- Immediate Development Ready: Vacant and fenced, allowing for swift commencement of construction after design approvals.
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️ Development Potential
Given the size and location, this land is perfect for:
- A luxury gated residential estate with multiple villas or townhouses.
- A high-rise apartment tower catering to upmarket tenants or buyers.
- A mixed-use development featuring premium retail, office space, and residential units.
- A corporate headquarters or diplomatic mission with room for amenities and parking.
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Market Context
- Premium Pricing at ₦4.5M/SQM: Reflects the exclusivity of Ikoyi, especially off Macdonald, where land is scarce and in high demand.
- Scale Advantage: A 4,000 SQM plot in this location is a rare find, suitable for a landmark project with significant ROI potential.
- Target Buyers: Institutional investors, luxury developers, high-net-worth individuals, and corporate entities looking to establish a flagship presence in Ikoyi.
An exceptional opportunity to acquire a large, titled, and ready-to-build parcel in the heart of Ikoyi---ideal for a landmark development.
Property Details
| Property Ref: 3329886 | Added On: 06 Feb 2026 | Last Updated: 06 Feb 2026 |
| Market Status: Available | Type: Commercial Land |
Interesting Facts
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?
Leisure and Shopping
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.
Popular Estates
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.
Day Life
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.
Night Life
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.
Schools
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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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 6 months ago
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