Premium
₦580,000,000
Residential land for sale
500SQM Cornerpiece Land Inside a Lovely Estate
Lekki, Lagos
500 sqm
Commercial land for sale
Reclamation Land Deal Delight
Grace Field Island by Chevron Drive, Lekki, Lagos
₦700,000
Ref ID: #372-895-2
Advertiser ref: owokoya
Posted 15 Oct 2026
15 Oct 2026
50,000 m²
Plot size
Commercial
Property type
About this property
Reclamation! Reclamation!! Reclamation!!! 5 Hectares waterfront reclamation - split into 2 lots of 2.5 hectares each - grace field island by chevron drive - N700,000 per SQM 5 Hectares (50,000 Sqm) prime waterfront reclamation land for sale in Grace Field Island corridor. This reclamation can be executed by two directly Developers/Investors coming together - That's 2.5 Hectares for each Developer to lessen the burden. Location: Grace Field Island by Chevron Drive, Lekki, Lagos Size: 5 Hectares 50,000 Sqm - split into 2 lots of 2.5 hectares each (25,000 Sqm per Developer) Title: Federal and State Clearance (NIWA) + Other Relevant Documents - Bankable, Secure Premium: N200M per Hectare (N500M per 2.5 Hectares / Total N1B for 5 Hectares) Final price: N700,000 per Sqm
- Per 2.5 Hectares: 25,000 Sqm x N700k = N17.5 billion
- Total 5 Hectares: 50,000 Sqm x N700k = N35 billion total value
Strategic partnership concept: 2 Developers Partnership to Lessen Burden - Risk Shared, Reward Shared Facilitator's fee: 10% of Total Land Value + 5% Land Allocation
Property details
Reference ID
#372-895-2
Advertiser reference
owokoya
Listed by
SFD Realtors
Property type
Commercial Land
Listing status
Commercial land for sale
Plot size
50,000 m²
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
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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 SFD Realtors. 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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