Nigeria Property Centre

Commercial land for sale

434 SQM Commercial Land

Off Admiralty Road, Lekki Phase 1, Lekki, Lagos
₦800,000,000
#371-804-8 9 Oct 2026
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Commercial Property type

About this property

Property Details Location: Off Admiralty Road, Lekki Phase 1, Lagos Property Type: Land Land Size: 434 SQM Asking Price: ₦800 Million Transaction: Sale Title: Governor's Consent and Approval stated Zahari View This 434 SQM parcel of land, located off Admiralty Road in Lekki Phase 1, Lagos, is available for buyers considering land acquisition for a suitable property development project. With an asking price of ₦800 million, the property may interest private buyers and developers assessing land opportunities in Lekki Phase 1. Its suitability for a particular development will depend on the exact plot location, permitted land use, site configuration and applicable planning regulations. Prospective buyers should establish the precise plot boundaries, survey details, access arrangements and permissible building envelope before proceeding with the purchase. Property Highlights 434 SQM land parcel Located off Admiralty Road, Lekki Phase 1 Asking price of ₦800 million Governor's Consent and Approval stated Development potential subject to applicable planning requirements Why This Property Deserves Attention For buyers considering a smaller land parcel in Lekki Phase 1, the key considerations include the plot's configuration, accessibility and suitability for the intended project. The site's actual development potential will depend on the permitted use, setbacks, building density and other planning controls. Assessing these factors alongside the asking price and verified documentation can help buyers determine whether the property aligns with their acquisition objectives. Buyer's Perspective Prospective buyers should independently verify: Governor's Consent and the relevant approval documents Root of title and ownership history Seller's authority to transfer the property Survey plan and coordinates Exact plot location, dimensions and boundaries Road access and right of way Permitted land use Building setbacks and development restrictions Existing encumbrances or third-party interests Applicable legal, statutory and professional costs Investor / Buyer Note The asking price is ₦800 million for the stated 434 SQM parcel. The implied price is approximately ₦1.84 million per SQM, based on the supplied figures. The stated Governor's Consent and Approval should be reviewed and independently verified alongside the property's survey, ownership records and applicable planning conditions before payment or execution of a purchase agreement. For Enquiries & Inspections Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Prospective buyers should independently verify the property's availability, title, ownership, survey, boundaries, access, permitted land use, planning requirements and applicable costs with the appropriate professionals and authorities before committing to a purchase.

Property details

Reference ID #371-804-8
Listed by Zahari Properties
Property type Commercial Land
Listing status Commercial land for sale

Area guide — Lekki

Lagos

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 o...

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 i...

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 alway...

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, 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 Zahari Properties. 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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