1,033 Sqm
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Property Description
URGENT COMMERCIAL PROPERTY FOR SALE
Lekki Phase 1, Lagos 1,033 SQM C of O Title ₦1.8 Billion Owner Ready to Sell Now
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Property Overview
- Location: Fola Osunbo Street, Lekki Phase 1, Lagos
- Land Size: 1,033 SQM
- Title: Certificate of Occupancy (C of O)
- Asking Price: ₦1.8 Billion
- Price per SQM: ≈ ₦1.74 Million
- Status: Commercial property, owner motivated for immediate sale
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Key Highlights
- Prime Commercial Location -- Fola Osunbo Street is a high-value area within Lekki Phase 1
- Clear C of O Title -- Legally sound and ready for fast transaction
- Owner Motivated -- Urgent sale, open to serious offers
- Commercial Zoning -- Ideal for offices, retail, hospitality, or mixed-use development
- Strong Investment Appeal -- Lekki Phase 1 continues to attract premium commercial activity
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️ Commercial Potential
- Corporate Office Building
- Shopping Plaza or Retail Center
- Boutique Hotel or Serviced Apartments
- Restaurant or Lounge with Outdoor Space
- Medical Center or Pharmacy
- Showroom or Gallery
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Location Benefits
- Lekki Phase 1 Prestige -- One of Lagos' most exclusive business and residential districts
- Accessibility -- Easy reach to Admiralty Way, Ikoyi, and Victoria Island
- High Visibility -- Well-connected street with good traffic flow
- Secure Environment -- Phase 1 offers safety and premium infrastructure
- Growing Commercial Demand -- Increasing need for quality commercial space in the area
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Investment Value
- Asking Price: ₦1.8 Billion
- Price per SQM: ≈ ₦1.74 Million
- Urgent Sale Opportunity -- Room for negotiation given owner's motivation
- High Rental Yield Potential -- Strong demand from corporate and retail tenants
- Future Appreciation -- Land values in Phase 1 continue to rise
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Immediate Sale Opportunity
Owner is ready to sell now and willing to consider serious offers. This is a rare chance to acquire a titled commercial property in one of Lekki's most prestigious neighborhoods.
Ideal For:
- Commercial Real Estate Investors
- Business Owners seeking owned premises
- Hotel & Hospitality Investors
- Retail Chains or Franchises
- Corporate Organizations
Contact Now For:
- Immediate Site Inspection
- Title Verification
- Quick Negotiation & Closing
- Due Diligence Support
Don't miss this urgent commercial offering in Lekki Phase 1 --- a titled, strategic asset ready for your enterprise.
Property Details
| Property Ref: 3305001 | Added On: 21 Jan 2026 | Last Updated: 21 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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Disclaimer
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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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