450 Sqm Corner Plot
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Property Description
Corner Plot For Sale in Lekki Phase 1, Lagos
450 SQM Vacant & Fenced C of O Title ₦850 Million ≈ ₦1.889 Million per SQM
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Property Overview
- Location: Lekki Phase 1, Lagos.
- Land Size: 450 SQM.
- Plot Type: Corner Piece (enhanced frontage and visibility).
- Condition: Vacant and fully fenced.
- Title: Certificate of Occupancy (C of O).
- Asking Price: ₦850,000,000.
- Price per SQM: ≈ ₦1,888,889.
- Status: Titled, secured, and ready for immediate development.
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Key Highlights
- Premium Lekki Phase 1 Address: One of Lagos's most sought-after residential and commercial neighborhoods, known for wide roads, security, and exclusivity.
- Corner Plot Advantage: Offers dual road access, better ventilation, natural light, and greater architectural flexibility -- commands a premium over standard plots.
- Fenced & Vacant: Immediate security, clear boundaries, and no demolition required -- ready to build.
- Strong C of O Title: Full Certificate of Occupancy provides legal security, smooth transfer, and financing ease.
- Mixed-Use Potential: Zoning allows for either high-end residential or commercial development (subject to local approvals).
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️ Development Potential
- Luxury detached villa with generous setback.
- Modern duplex with separate BQ.
- Boutique commercial space (office, clinic, showroom).
- Small apartment block (subject to density regulations).
- High-end townhouse (if combined with adjacent plot -- not applicable here).
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Location Benefits
- Lekki Phase 1 Prestige: Minutes from Admiralty Way, Ikoyi, Victoria Island, and major business hubs.
- Secure Environment: Low crime rate, well-maintained roads, and quality neighborhood infrastructure.
- High Demand: Constant interest from high-net-worth individuals, expatriates, and investors.
- Corner Visibility: Ideal for branding if used commercially.
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Investment Value
- Total Asking Price: ₦850 Million.
- Price per SQM: ≈ ₦1.889 Million.
- Market Context: Corner plots in Lekki Phase 1 with C of O typically trade at a premium. This price aligns with recent listings for similarly sized titled plots in prime Phase 1 locations.
- Appreciation Potential: Scarcity of undeveloped land in Phase 1 ensures long-term capital growth.
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Sale Opportunity
A rare opportunity to acquire a fenced corner plot with full title in the heart of Lekki Phase 1. Perfect for a discerning homeowner, developer, or investor seeking a premium address with immediate build potential.
Ideal For:
- Luxury home builders.
- High-net-worth individuals.
- Real estate developers.
- Commercial investors (boutique office/showroom).
Corner position + C of O + prime Phase 1 address -- a winning combination.
Serious inquiries only.
Property Details
| Property Ref: 3522696 | Added On: 11 Jun 2026 | Last Updated: 11 Jun 2026 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 450 sqm |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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Disclaimer
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