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️ LAND FOR SALE -- FESTAC, LAGOS ️
Property Details:
Land Size: 1,100 SQM
Title: Federal Government Certificate of Occupancy (C of O)
Price: ₦260 Million
Location:
Festac, Lagos
Investment Highlights / ROI Potential
Prime Festac Location: High demand for both residential and commercial properties
Flexible Development Use: Ideal for block of flats, serviced apartments, mini-estate, or commercial use
Strong Rental Market: High occupancy rates due to accessibility and established infrastructure
Capital Appreciation: Festac land values show steady upward growth year-on-year
Secure Title: Federal Government C of O
enhances resale value and bankability
Quick Exit Potential: Suitable for redevelopment and resale within a short-to-medium term
ROI Outlook (Indicative):
Development into apartments or mixed-use could yield 25%--40% ROI depending on design and market strategy
High demand supports fast absorption and low vacancy risk
Serious Enquiries Only
08034694258
| Property Ref: 3274429 | Added On: 02 Jan 2026 | Last Updated: 02 Jan 2026 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 1,100 sqm |
Festac Town is a treasure trove of captivating details. Among these, a standout fact is its genesis as the venue for the remarkable FESTAC '77 festival—notably, the majority of the residents in this locale hail from the eastern reaches of Nigeria. Additionally, Festac hosts an innovative information-sharing platform, ensuring its inhabitants are consistently well-informed.
Festac Town is renowned for its well-organized residential neighborhoods, commonly known as "estates," which play a crucial role in shaping the town's identity and offering a variety of living spaces for its inhabitants. Notable estates in Festac Town include Unity Estate, Apple Estate, Lake View Estate, Golden Estate, Cooperation Estate, Diamond Estate, and Greenville Estates.
In Festac, the day life is a vibrant blend of diverse culinary delights, outdoor activities, and immersive cultural engagement. Residents and visitors alike can enjoy attractions such as Frankids Amusement Park and Victory Park, catering to kids and adults. When it comes to dining, an array of eateries including Woody Lounge, Bejoy Restaurant, Native Food Restaurant, Mamboo Restaurant, and Nibbles Cuisine, among others, contribute to the rich gastronomic tapestry of Festac Town, forming an integral part of the town's bustling day life.
Read the full area guide for Festac, Amuwo Odofin, Lagos.
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