Nigeria Property Centre

Mixed-use land for sale

Prime 1600SQM Dry Land in Ikoyi

Ikoyi, Ikoyi, Lagos
₦2,700,000
#368-007-8 16 Sep 2026 Added yesterday
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1,600 m² Plot size
Mixed-use Property type

About this property

An exceptional opportunity to acquire 1,600sqm of 100% dry land in Old Ikoyi, one of Lagos' most prestigious and sought-after locations. This property is available as a bank sale at a competitive net asking price of ?2.7 million per sqm, presenting a substantial landholding for developers and investors seeking a strategic asset in Ikoyi. The property is backed by a Perfected Legal Mortgage and offers a sizeable development footprint suitable for a premium project, subject to applicable planning and development approvals. Property Details Property Type: Prime Dry Land Location: Old Ikoyi, Lagos Land Size: 1,600sqm Price: ?2,700,000 per sqm net Total Price: ?4.32 Billion Title: Perfected Legal Mortgage Sale Type: Bank Sale Specification: 100% Dry Land Property Highlights Prime Old Ikoyi Location Expansive 1,600sqm Land Size 100% Dry Land Bank Sale Opportunity Perfected Legal Mortgage Competitive Net Asking Price Excellent Development Footprint Suitable for Premium Real Estate Development Investment Highlights This property offers investors the opportunity to secure a substantial landholding in Old Ikoyi through a bank sale, with a documented perfected legal mortgage and a fully dry site. Its size and prime location provide flexibility for a premium development concept, subject to relevant planning, zoning, and development approvals. Ideal For Property Developers Real Estate Investment Companies Institutional Investors High-Net-Worth Investors Premium Residential Developers Sale Price ?4.32 Billion net ?2.7 Million Per Sqm net Land Size: 1,600sqm Bank Sale 100% Dry Land Perfected Legal Mortgage

Property details

Reference ID #368-007-8
Listed by C W Real Estate
Property type Mixed-use Land
Listing status Mixed-use land for sale
Plot size 1,600 m²

Area guide — Ikoyi

Lagos

Interesting Facts

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?

Leisure and Shopping

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

Popular Estates

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Day Life

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sop...

Night Life

Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.

Schools

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track rec...

Read the full area guide for Ikoyi, Lagos

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Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by C W Real Estate. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.