For Sale: Demolishable Colonial-style Bungalow On 870sqm, Obalende, Lagos Island, Lagos (Ref: 3147078)

Demolishable Colonial-style Bungalow On 870sqm

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  • Demolishable Colonial-style Bungalow on 870sqm, Obalende, Lagos Island, Lagos, Commercial Land for Sale
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Property Description

Demolishable Colonial-Style Bungalow on 870sqm --- Redevelopment Investment Gem!

This Demolishable Colonial-styled bungalow set on 870 square metres in the heart of Obalende, Lagos. Perfectly positioned for commercial redevelopment, this property offers unmatched access to Victoria Island, Ikoyi, and Lagos Island.

This is a rare opportunity to own a piece of Lagos heritage with high future value.

Title: Certificate of Occupancy
Price: ₦700,000,000

Location: Obalende, Lagos

#ObalendeLuxury #LagosInvestment #ColonialCharm #LuxuryBungalow #PrimeLocation #IkoyiLink #LagosRealEstate #PropertyInvestment #CofO #JonelaConcept #LagosHomes


Property Details

Property Ref: 3147078Added On: 14 Oct 2025Last Updated: 14 Oct 2025
Market Status: AvailableType: Commercial Land   

Interesting Facts

Lagos Island holds a treasure trove of interesting facts. Historically, it was the vibrant hub of the Brazilian Quarter in Lagos. Moreover, it's the exclusive host of the culturally significant Eiyo Festival. Adding to its charm, Lagos Island is also home to the transformed Freedom Park, originally a colonial-era prison. Notably, it serves as the esteemed headquarters for many Nigerian banks.

Leisure and Shopping

Lagos Island presents an exciting array of leisure and shopping opportunities. Those seeking unique finds can delve into the lively markets, including Balogun Market, where a wide range of items, from textiles to souvenirs, await exploration. Moreover, the island features contemporary shopping destinations such as The City Mall, Onikan Shopping Complex, and Mandillas Mall. As for leisure, Freedom Park and The Tom Jones Memorial Library offer tranquil retreats from the city's bustling pace, ensuring a diverse array of options to escape the urban hustle.

Popular Estates

Lagos Island is graced by a selection of distinguished residential estates, each presenting a unique lifestyle. From the luxurious ambiance of Banana Island to the contemporary conveniences of Oniru Estate, these upscale communities cater to a variety of preferences. Additional notable estates include The Address Homes, Gold Coast Estate, Parkview Estate, Dolphin Estate Phase II, LSDPC Housing Estate Phase 1, and Barnabas Gemade Housing Estate, further enhancing the island's reputation as a haven for exclusive living.

Day Life

Lagos Island comes alive during the day, providing a wide range of activities to captivate and entertain visitors. Whether you're in search of cultural immersion, a journey through history, or a glimpse into local life, this dynamic urban hub has something for everyone. You can venture to Freedom Park, Tinubu Square, Astro Soccer Nig Ltd, Harmony Garden, and when it's time to savor delicious food, options like Amala Place and Lagos Kitchen await your taste buds, among many other choices.

Night Life

Lagos Island boasts a vibrant nightlife scene with numerous entertainment options. From high-energy nightclubs like Quilox to beach parties at Tarkwa Bay, rooftop bars with panoramic views, live music venues like Terra Kulture, street food markets, cultural events, comedy clubs, karaoke bars, art galleries, and even boat parties along the coastline, there's something for everyone to enjoy. Just be sure to stay safe and soak in the lively atmosphere of this bustling nightlife hub.

Schools

Lagos Island boasts a rich educational landscape, encompassing esteemed institutions such as Dolphin High School, The Nectary Schools, Adebabs Inland Montessori School, King Ado Senior High School, and King's College, all of which play a pivotal role in shaping a promising future for the youth.

Read the full area guide for Lagos Island, Lagos.

Interested in this property?

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Land for sale in Lagos Island, LagosCommercial Land for sale in Lagos Island, LagosCommercial Land for sale in Obalende, Lagos Island, Lagos
Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Jonela Concept. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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 4th Floor, Workcity, Polystar Building,marwa, Lekki, Lagos, Nigeria

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