Land for sale
Lekki Phase 1, Lekki, Lagos
For sale --- prime 2,394 sqm mixed‑use site with structures, lekki phase 1
an exceptional, closeable opportunity in lekki phase 1: a sizable, development‑ready parcel with existing structures and clean state title --- perfect for an investor or developer seeking immediate presence on one of lagos's most desirable corridors.
quick facts
- location: lekki phase 1 (highly sought residential / commercial corridor)
- land size: 2,394 sqm (single, contiguous parcel)
- title: governor's consent --- verifiable and transferrable for institutional transactions
- condition: existing mixed‑use structures on site (ideal for immediate income or refurbishment)
- price: ₦4,000,000,000 (four billion naira)
headline appeal
rarely does a parcel of this scale and quality become available in lekki phase 1. this is a premium lot that combines strategic frontage, proven location appeal and immediate utility --- choose to refurbish and lease the existing asset for cashflow or redevelop to maximise gdv. either route offers compelling upside in a market where demand outstrips supply.
why this is a must‑see
- prime positioning: lekki phase 1 attracts high‑income residents, premium retail and corporate occupiers --- location drives strong capital appreciation and persistent tenant demand.
- development flexibility: 2,394 sqm supports a range of high‑yield options --- mixed‑use podium, luxury apartments, boutique hotel, corporate offices with retail podium, or serviced apartments.
- immediate income potential: existing structures can be retained and monetised while planning and approvals for redevelopment proceed.
- clean title: governor's consent eases bankability and institutional interest; documentation available for qualified buyers.
- scarcity & scale: large contiguous parcels inside lekki phase 1 are rare --- this holding is strategic for developers seeking meaningful density and design freedom.
ideal uses
- mixed‑use development: retail podium + offices + residential units
- luxury apartment or serviced apartment complex
- boutique hotel or hospitality conversion
- corporate campus / training & conference centre with f&b amenity
- asset‑hold for long‑term rental income and capital appreciation
investment highlights
- strong rental market and resale demand in lekki phase 1 --- rapid absorption for quality product.
- option to generate cashflow immediately from existing structures while preparing redevelopment.
- title and site scale support bank financing, jv structures or phased development strategies.
- strategic asset for hnwis, developers, institutional investors and hospitality brands.
transaction readiness & next steps
- price: ₦4.0b --- serious and qualified buyers only.
- documentation: governor's consent and site particulars available for verification following nda and proof of funds.
- viewings: inspections by appointment for pre‑qualified parties.
- process: submit loi nda proof of funds access to data room and site inspection heads of terms swift close.
seize the opportunity
this is a closeable, high‑impact lekki phase 1 parcel that offers both immediate utility and outstanding long‑term upside. for confidential enquiries, to request the due‑diligence pack or to arrange a private viewing, please contact us with proof of funds. serious buyers only.
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₦4,000,000,000
The Build Centre Properties
09028190510