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2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island HomeAll Properties...2,245m² Waterfront Property with Demolishable... 2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island Gallery itemGallery item 2,245m² Waterfront Property with Demolishable Structure for Sale in Banana Island For Sale $7,000,000 Duplex, LandApril 14, 2026 Residential ZoneBanana IslandIkoyiLagosNigeria Description Details Features Contacts Description Available for sale is a prime 2,245 square metre waterfront property with a demolishable structure, located in one of Banana Island's most prestigious residential enclaves. This offering presents a rare opportunity for a discerning developer to acquire a premium waterfront site suited for a high-value luxury residential scheme. The property is well positioned for the development of 10 units of waterfront 5-bedroom terrace houses, complemented by a jetty, swimming pool, gym, and other luxury amenities expected in a top-tier Banana Island development. With strong demand for premium residences in the estate and waterfront terraces commanding significant market value, this site presents an attractive proposition for developers seeking a project with clear upside potential. At an average market rate of about $2 million per terrace unit, the projected gross revenue for a 10-unit development is approximately $20 million, making this a compelling investment opportunity for developers focused on the luxury segment of the Lagos real estate market. Property Details Location: Banana Island, Lagos Street: 314 Close Property Type: Waterfront land with demolishable structure Land Size: 2,245m² Title: Lagos Certificate of Occupancy Asking Price: $7,000,000 Contact us +2348094990098 +2349022220601 +2348034135274
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 reput...
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 lu...
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 vi...
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...
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 rath...
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 childre...
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