2,000 Sqm Admiralty Way, Lekki Phase 1, Lagos (opposite Joneer Hotel)
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Property Description
Prime Commercial/Residential Land For Sale on Admiralty Way, Lekki Phase 1
2,000 SQM Direct Admiralty Way Frontage Opposite Joneer Hotel ₦2.5M per SQM ₦5 Billion Total
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Property Overview
- Location: Admiralty Way, Lekki Phase 1, Lagos (Opposite Joneer Hotel)
- Land Size: 2,000 SQM
- Title: To be verified (C of O / Governor's Consent expected)
- Price per SQM: ₦2.5 Million
- Total Value: ₦5 Billion
- Status: Bare land, prime road frontage, ready for development
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Key Highlights
- Admiralty Way Frontage -- One of Lekki's busiest and most prestigious thoroughfares
- Opposite Joneer Hotel -- High visibility, commercial appeal, and established neighborhood activity
- Prime Positioning -- Ideal for high-impact commercial or luxury residential development
- Large Plot Size -- 2,000 SQM allows for a landmark project with significant footprint
- Lekki Phase 1 Premium -- Address carries strong value retention and demand
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️ Development Potential
- Luxury Office Tower
- High-End Retail Plaza or Shopping Mall
- Boutique Hotel or Serviced Apartments
- Mixed-Use Complex (Commercial + Residential)
- Corporate Headquarters or Bank Branch
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Location Benefits
- Admiralty Way Exposure -- Unmatched visibility and accessibility in Lekki's prime corridor
- Proximity to Key Destinations -- Close to Lekki Leisure Lake, Novare Mall, banks, and restaurants
- High Traffic Flow -- Ideal for customer-facing businesses and branded developments
- Prestigious Neighbors -- Surrounded by upscale hotels, corporate offices, and luxury residences
- Strong Commercial Demand -- Constant need for quality commercial space in Lekki Phase 1
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Investment Value
- Total Asking Price: ₦5 Billion
- Price per SQM: ₦2.5 Million
- Frontage Premium -- Direct access to Admiralty Way significantly enhances value
- Future-Proof Location -- Ongoing infrastructure upgrades ensure lasting relevance
- High Yield Potential -- Suitable for premium rental or resale development
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Sale Opportunity
This 2,000 SQM bare land on Admiralty Way represents a rare opportunity to acquire a prime, high-visibility plot in the heart of Lekki Phase 1. Ideal for developers, institutional investors, or corporations seeking a flagship location.
Ideal For:
- Commercial Real Estate Developers
- Hotel Chains & Retail Brands
- Corporate Institutional Buyers
- High-Net-Worth Portfolio Investors
Contact For:
- Site Inspection
- Title Verification
- Development Feasibility Discussion
- Purchase Negotiation
A landmark development opportunity on Admiralty Way --- where visibility meets prestige.
Property Details
| Property Ref: 3297182 | Added On: 16 Jan 2026 | Last Updated: 16 Jan 2026 |
| Market Status: Available | Type: Commercial Land |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 5 months ago
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