Residential land for sale
Commercial land for sale
Commercial Land Plot with Governor's Consent Title
About this property
Prime Commercial Plot For Sale Directly on Orchid Road, Lekki, Lagos 1,200 SQM Direct Orchid Road Frontage Right Before the Roundabout Governor's Consent ₦1.2 Billion ≈ ₦1,000,000 per SQM Property Overview
- Location: Orchid Road, Lekki, Lagos (right before the roundabout, close to the expressway).
- Land Size: 1,200 SQM.
- Plot Type: Commercial plot directly facing Orchid Road.
- Title: Governor's Consent.
- Asking Price: ₦1,200,000,000.
- Price per SQM: ₦1,000,000.
- Status: Vacant commercial land, ready for immediate development.
Key Highlights
- Direct Orchid Road Frontage: Unmatched visibility and accessibility on one of Lekki's busiest and most prestigious commercial corridors.
- Strategic Positioning: Located right before the roundabout and close to the expressway, ensuring high traffic flow and easy access from multiple directions.
- Strong Governor's Consent Title: A secure, state-granted title that provides legal confidence and facilitates financing and resale.
- Large Commercial Footprint: 1,200 SQM offers ample space for a landmark commercial development with parking and amenities.
- Competitive Pricing: At ₦1M per SQM, this is attractively positioned for a titled commercial plot in such a high-demand location.
Development Potential This plot is ideal for a high-impact commercial project:
- Shopping Plaza or Retail Complex -- capitalise on high traffic and visibility.
- Corporate Office Building -- for companies seeking a prominent Lekki address.
- Hotel or Serviced Apartments -- cater to business and leisure travellers.
- Showroom or Auto Dealership -- maximum brand exposure.
- Mixed-Use Development -- ground floor retail with offices or residences above.
- Bank Branch or Financial Centre -- convenient and visible location.
Location Benefits -- Orchid Road, Lekki
- High-Traffic Corridor: Orchid Road is a major artery connecting the Lekki-Epe Expressway to Lekki Phase 1 and Ikoyi/Victoria Island.
- Proximity to Expressway: Quick access to the Lekki-Epe Expressway, ensuring easy connectivity to Ajah, Ikoyi, Victoria Island, and beyond.
- Established Neighbourhood: Surrounded by residential estates, schools, shopping centres, and other commercial developments.
- Growing Demand: Orchid Road continues to attract premium residential and commercial activity, driving land values upward.
- Future Appreciation: Infrastructure improvements and population growth support strong long-term capital growth.
Investment Value
- Asking Price: ₦1.2 Billion.
- Price per SQM: ₦1,000,000.
- Market Context: For a commercial plot with direct frontage on Orchid Road and a Governor's Consent title, this price is competitive and reflects the premium location.
- Income Potential: A commercial development here can generate strong rental yields from retail, office, or hospitality tenants.
- Capital Appreciation: Land values on Orchid Road have shown consistent appreciation due to limited supply and high demand.
Sale Opportunity A prime commercial plot in a high-visibility, high-traffic location. Perfect for developers or business owners looking to establish a landmark presence on Orchid Road. Ideal For:
- Commercial real estate developers.
- Retail chains and franchises.
- Hotel and hospitality investors.
- Corporate organisations seeking a flagship location.
- High-net-worth portfolio investors.
Next Steps:
- Site Inspection.
- Title Verification (Governor's Consent at the Lagos State Lands Bureau).
- Purchase Negotiation.
- Closing & Handover.
Orchid Road + 1,200 SQM Commercial Plot + Governor's Consent + ₦1.2B -- a rare high-visibility opportunity. Serious inquiries only -- direct mandate.
Estate facilities
Outdoor & Communal
Property details
Area guide — Lekki
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos
Similar properties in Lekki
More land for sale in Lekki
Mixed-use land for sale
Beach Front Land with Good Title
Mixed-use land for sale
Prime Land for Instant Development Facing Major Road
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 Ac Valour International. 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.
Popular locations in Lekki
Estates and areas near this property — pick one to see what's available.