Mixed-use land for sale
Ikate Elegushi, Lekki, Ikate Elegushi, Lekki, Lagos
Land for sale -- ikate elegushi, lekki
800.01 sqm governor's consent prime location
₦800 million ₦999,987 per sqm (approx. ₦1m/sqm)
---
property overview
- location: ikate elegushi, lekki, lagos -- a high-demand residential and commercial corridor close to elegushi beach, lekki-epe expressway, and major landmarks.
- land size: 800.01 sqm.
- title: governor's consent -- perfected, bankable, and ready for transfer.
- asking price: ₦800,000,000.
- price per sqm: approx. ₦1,000,000.
- status: bare land, ready for immediate development.
---
key highlights
- prime ikate location: ikate elegushi is one of lekki's most vibrant and rapidly developing areas, offering proximity to the beach, major roads, schools, and commercial hubs.
- strong title security: governor's consent provides the highest level of title perfection -- ensuring smooth transactions and financing readiness.
- flexible development scale: 800 sqm offers ample space for a luxury villa, twin duplexes, or a small boutique apartment block.
- high appreciation potential: ikate continues to benefit from lekki's eastward expansion and growing demand for both residential and mixed-use developments.
- immediate development: bare land means no demolition or relocation costs -- construction can commence upon acquisition.
---
️ development potential
800 sqm in this location is ideal for:
- luxury detached villa: spacious family home with pool and gardens.
- twin duplexes: two high-end units -- live in one, rent or sell the other.
- boutique apartment block: 8--10 luxury flats targeting young professionals and families.
- mixed-use development: ground-floor retail/offices + residential above (subject to approvals).
---
market context
- per sqm pricing: at approx. ₦1m/sqm, this is competitively positioned within ikate elegushi's current land market, where governor's consent--titled plots typically range from ₦900,000--₦1.2m/sqm depending on exact location and accessibility.
- comparable context: recent transactions in ikate's core areas have closed between ₦950,000--₦1.1m/sqm for similar-sized plots with perfected title.
- title premium: governor's consent commands a significant premium over deed of assignment or survey-only plots -- offering peace of mind and immediate bankability.
---
ideal for: homebuilders seeking a titled plot in a prime lekki location; developers targeting the mid-to-upper residential market; investors wanting a bankable asset with strong appreciation potential.
a well-priced 800 sqm governor's consent parcel in ikate elegushi -- ready for immediate acti...
More details
Added Today
₦800,000,000
Ac Valour International
08036503218