For Sale: Prime Located 1000m2 Parcel On Offer, Banana Island, Ikoyi, Lagos (Ref: 3511157)

Prime Located 1000m2 Parcel On Offer

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Property Description

FOR SALE:
Prime 1,000 SQM Land --
Banana Island, Ikoyi*

*Location:* Residential Zone, Banana Island Estate, Ikoyi, Lagos
*Size:* 1,000 Square Meters
*Title:* Federal Certificate of Occupancy
*Price:* ₦4,200,000 per sqm net
*Total: ₦4.2 Billion*

*Investment Highlights*
Secure one of the last remaining parcels in Nigeria's most exclusive and prestigious residential enclave. This 1,000 sqm of prime dry land offers unparalleled value for discerning investors and developers seeking to build bespoke luxury residences in Banana Island.

*Key Features:*
- *Location Advantage:* Situated in the highly sought-after residential axis of Banana Island, offering privacy, prestige, and capital appreciation
- *Title Document:* Federal C of O for unencumbered, verifiable ownership
- *Development Ready:* Flat topography, dry land, ideal for immediate construction of mansion, terrace units, or luxury apartments
- *Estate Benefits:* 24/7 armed security, world-class infrastructure, paved roads, drainage, central power & water supply
- *Neighborhood:* Proximity to Ikoyi Club, Falomo, Victoria Island CBD, and top international schools

*Ideal For:*
High-net-worth individuals, real estate developers, and institutional investors looking to establish a signature presence in Lagos' most coveted address.

*Inspection & Documentation:*
Inspection strictly by appointment. All relevant documents available for due diligence.
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Property Details

Property Ref: 3511157Added On: 04 Jun 2026Last Updated: 04 Jun 2026
Market Status: AvailableType: LandTotal Area: 1,000 sqm

Interesting Facts

Banana Island is steeped in fascinating historical facts that enhance its allure. The area's captivating history, status as an artificial island, exclusivity, and prestigious address all contribute to its legendary reputation as a luxurious and refined haven. It is renowned as one of the most expensive neighborhoods in Africa, attracting affluent individuals from diverse backgrounds.

Leisure and Shopping

Banana Island offers a plethora of leisure and shopping options that cater to the refined tastes of its esteemed residents. Residents of Banana Island can indulge in high-end retail therapy, embrace the tranquility of lush green spaces, and enjoy the luxurious amenities provided by the exclusive relaxation centers. Oladimeji Shonubi Supermarket, Mr. Femi Superstores, Hartleys Supermarket, Kola Superstores, Banana Island Sports Field, Banana Island Park, and the Banana Island Club are prime examples of the leisure and shopping options available in Banana Island.

Popular Estates

Banana Island proudly showcases a collection of prestigious estates that embody the essence of lavish living. These highly coveted residential developments feature architectural masterpieces that provide awe-inspiring vistas. Boasting top-notch facilities and unmatched seclusion, these estates are a testament to elegance, ensuring each resident experiences an unparalleled lifestyle. Among the distinguished estates on Banana Island are Happy Haven Estate, The Address Homes, Bella Vista Apartments, Grace Court, and Morgan Apartments.

Day Life

Throughout the daytime, Banana Island buzzes with vitality, boasting a diverse selection of dining establishments, enjoyable venues such as the Banana Island Sports Field for families, and captivating establishments like the Hanging Basket Restaurant and the esteemed Chicken Republic. If you're in search of a destination suitable for the whole family, the nearby Youfine Art Gallery presents nature trails of art work, providing a delightful experience.

Night Life

Banana Island provides a serene and exclusive residential atmosphere, making it an ideal place for residents seeking a peaceful lifestyle. It is primarily known for its residential properties and luxurious lifestyle rather than its nightlife scene. The island is a serene and exclusive area with a focus on privacy and security. However, for a livelier nightlife scene, residents can venture to nearby areas such as Victoria Island and Ikoyi, where one can find several upscale lounges, bars, and clubs that offer an unforgettable evening of entertainment. We have places like Escape Nightclub, Quilox, Sky Restaurant and Lounge, The Blowfish Hotel and Club, Caliente Club, and Escape Nightclub.

Schools

Banana Island not only boasts of magnificent residential estates and top-tier amenities but also grants residents access to exceptional educational institutions. Families seeking a world-class education for their children need look no further, as Banana Island International School stands as a beacon of prestige within this coveted community. Additionally, residents have the privilege of choosing from a range of esteemed schools in close proximity, including Greenwood House School, Meadow Hall School, and Lagoon School, all of which provide excellent educational options to meet the discerning standards of Banana Island's residents.

Read the full area guide for Banana Island, Ikoyi, Lagos.

Interested in this property?

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