Nigeria Property Centre

Commercial land for sale

Prime 4600 SQM Land in Ikoyi

Ikoyi, Ikoyi, Lagos
₦4,500,000
#367-988-8 16 Sep 2026 Added yesterday
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4,600 m² Plot size
Commercial Property type

About this property

An exceptional development opportunity in one of Ikoyi's most prestigious locations, offering prime land in Ikoyi, Lagos. With a premium location, secure title documentation, and a valid building approval, the property is well suited for high-end residential development and strategic real estate investment. Property Details Property Type Prime Development Land Location Ikoyi, Lagos Total Land Size 4,600 SQM Land Price ₦4,500,000 Per SQM Title Federal Certificate of Occupancy, Converted to Governor's Consent Approval Valid Building Approval Purchase Options The land is available for purchase in multiples of 500sqm, subject to a minimum acquisition of 1,000sqm. 1,000 SQM --- ₦4.5 Billion 1,500 SQM --- ₦6.75 Billion 2,000 SQM --- ₦9 Billion Existing Residential Development Option An alternative opportunity is available comprising 5 units of fully detached 5-bedroom duplexes, each sitting on approximately 400sqm of land. Residential Development Details 5 Fully Detached 5-Bedroom Duplexes Each unit sits on approximately 400sqm Land size: 2,600 SQM Asking Price: ₦14 Billion Total Landholding 4,600 SQM Property Highlights Prime Turnbull Road / Onikoyi location Prestigious Ikoyi neighbourhood Flexible acquisition options Minimum purchase of 1,000sqm Secure title documentation Federal C of O converted to Governor's Consent Valid Building Approval Excellent development potential Suitable for luxury residential projects Investment Highlights Located within one of Ikoyi's most exclusive residential corridors Ideal for Luxury Developers, HNIs, Institutional Investors, and Strategic Land Buyers Flexible plot acquisition structure Existing building approval provides a valuable development advantage Strong potential for capital appreciation Suitable for premium residential development, subject to applicable planning requirements This is a rare opportunity to secure prime development land in Onikoyi, Ikoyi, with flexible acquisition options and approved development potential in one of Lagos' most coveted luxury real estate markets. Asking Price ₦4,500,000 Per SQM Total Land Value: ₦9 Billion for 2,000 SQM Alternative: 5 Fully Detached 5-Bedroom Duplexes on 2,600 SQM --- ₦14 Billion

Property details

Reference ID #367-988-8
Listed by C W Real Estate
Property type Commercial Land
Listing status Commercial land for sale
Plot size 4,600 m²

Area guide — Ikoyi

Lagos

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 sop...

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 rec...

Read the full area guide for Ikoyi, Lagos

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