For Sale: 1000sqm Of Prime Land In Nicon Town Estate On Offer, Ikate, Lekki, Lagos (Ref: 3057878)

1000sqm Of Prime Land In Nicon Town Estate On Offer

  • 1000sqm of Prime Land in Nicon Town Estate on Offer, Ikate, Lekki, Lagos, Land for Sale
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Property Description

1,000 sqm Bare Land --- Zone B, Nicon Town Estate, Ikate‑Lekki ---
For Sale Governor's Consent

Headline
Prime 1,000 sqm plot in Nicon Town Estate (Zone B), Ikate‑Lekki ---
For sale at ₦1.4B (net).
Titled with Governor's Consent. Ideal for high‑end residential or boutique development. Viewings by appointment.

Key facts

- Property type: Bare land (plot)
- Location: Nicon Town Estate, Ikate‑Lekki, Lagos --- Zone B (estate zoning guidelines apply)
- Land size: 1,000 sqm (contiguous)
- Transaction: For Sale --- price stated as net (no hidden add‑ons)
- Asking price: ₦1,400,000,000 (One Billion Four Hundred Million Naira) --- net
- Title: Governor's Consent --- documents available for qualified review
- Availability: Immediate --- site inspections by appointment only
- Facilitator fee: 10%

Description
Rare opportunity in the highly sought Nicon Town Estate, Ikate‑Lekki: a 1,000 sqm Zone B plot offered for sale at ₦1.4B (net).
The parcel is titled with Governor's Consent and sits within a secure, well‑planned estate renowned for premium residential developments, excellent security and close proximity to Lekki's commercial and lifestyle amenities.

This plot is ideal for a luxury family residence, duplex development, boutique apartment building or a small gated compound for executive accommodation. Its strategic Ikate‑Lekki location provides excellent access to major roads, schools, healthcare and shopping, making it highly attractive for owner‑occupiers and investors alike.

Investment highlights

- Prestigious estate address with controlled access and strong neighbourhood appeal.
- Titled with Governor's Consent --- provides a secure foundation for transaction and development.
- Compact 1,000 sqm size suitable for high‑quality bespoke development or a profitable infill apartment scheme.
- Proximity to Lekki Phase 1, Ajah, and key commercial nodes enhances rental and resale prospects.
- Clear pricing: ₦1.4B net --- attractive for buyers seeking immediate acquisition without hidden premium layers.

Suggested development options
- Luxury detached mansion / single‑family villa with garden, pool and guest house.
- Two high‑end duplex villas (semi‑detached) with private parking and amenity spaces.
- Boutique apartment block (G+3/G+4) --- 6 to 12 units depending on FAR and estate planning rules.
- Serviced apartments / executive rental suites (build‑to‑let for expatriate or corporate tenants).Note:
Final permissible density and FAR must be confirmed with estate management and Lagos State planning authorities.

Documents & due diligence

- Governor's Consent (title) --- available for inspection by qualified buyers under NDA.
- Estate site plan & zoning guidelines --- request from estate management.
- Boundary survey
- Recommended pre‑purchase technical checks: topographic & geotechnical survey, drainage & flood risk check, utility connection feasibility.
- Legal verification: searches for encumbrances, outstanding levies and confirmation of estate covenants.

How we work --- concise process

1. Provide buyer profile and proof of funds to receive baseline documents (including title pack) under NDA.
2. Arrange confidential site inspection by appointment.
3. Submit offer; negotiate Heads of Terms and deposit conditions.
4. Undertake legal & technical due diligence.
5. Execute sale documentation and coordinate transfer with solicitors.

Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES*


Property Details

Property Ref: 3057878Added On: 27 Aug 2025Last Updated: 27 Aug 2025
Market Status: AvailableType: LandTotal Area: 1,000 sqm

Interesting Facts

Because of its proximity to popular destinations and attractions in Lagos, Ikate is a very interesting neighbourhood. It is also a popular destination for celebrities and businesses.

Leisure and Shopping

Ikate has just the right number and variety of markets and malls to make your shopping experience as easy and enjoyable as possible. Lekki Arts and Crafts Market, Pearl Market, The Lennox Mall, Blenco African Market, Itedo Market, and Elegushi Modern Market are among the markets and malls to visit.

Popular Estates

There are numerous good estates in Ikate to choose from, all of which offer its residents a peaceful living environment. Brown State Lekki Estate, Abiola Court 6 Estate, Richmond Gate Estate, SpringVille Estate, Horizon Court Estate, Haven home, Spring Bay Estate, and Vintage Park Estate are just a few examples.

Day Life

Despite being primarily a residential neighbourhood, Ikate has a good number of recreational and entertainment options. Leisure sports park, Kos Lagos, Family affairs plaza, Bambooka, Komfort Wellness Place, Hungrybelly restaurant, Stories Lounge, and Upbeat bites are some of these locations.

Read the full area guide for Ikate, Lekki, Lagos.

Interested in this property?

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Disclaimer

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