4 Plots Land
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Property Description
Land For Sale L&K Estate, Owode Langbasa, Ajah, Lekki
4 Plots Survey & Deed of Assignment ₦220 Million Asking Price
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Property Overview
- Location: L&K Estate, Owode Langbasa, Ajah, Lekki, Lagos -- a growing residential corridor with improving infrastructure and access.
- Size: 4 Standard Plots (approx. 600 SQM each, total ~2,400 SQM).
- Asking Price: ₦220,000,000.
- Price per Plot: ₦55,000,000.
- Estimated Price per SQM: ₦91,667 (based on 2,400 SQM total).
- Title: Survey Plan & Deed of Assignment -- a legally recognized transfer document. Conversion to Governor's Consent is required for full title perfection.
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Key Highlights
- Estate Advantage: L&K Estate offers planned layout, security, and basic amenities, providing a more organized environment compared to non-estate locations in the area.
- Multi-Plot Opportunity: Ideal for a developer or group looking to execute a cohesive project such as a mini-estate, cluster development, or phased residential construction.
- Strong Starter Title: The Survey and Deed of Assignment provide a solid foundation for ownership verification. Buyer will need to process and fund the conversion to Governor's Consent for full title security.
- Ajah Growth Corridor: Owode Langbasa is positioned within the expanding Lekki-Ajah axis, offering strong potential for medium-term appreciation.
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️ Development Potential
Perfect for:
- A gated community of 4--6 luxury semi-detached or terrace houses.
- A block of 8--12 medium-density apartments.
- Staged development of 4 individual luxury villas.
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Market Context
- Pricing Insight: At ~₦92k per SQM, this is competitively priced for an estate land package in this part of Ajah, considering the title status and growth potential of the corridor.
- Target Buyers: Residential developers, cooperative societies, family trusts, or investors seeking a manageable multi-plot project with clear documentation.
- Title Note: While the Deed of Assignment is valid, prospective buyers should budget for and undertake the process of obtaining the Governor's Consent to secure the title for the long term and enhance bankability.
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A practical and scalable land package within a secured estate, suitable for a developer or investor entering the Ajah residential market.
Property Details
| Property Ref: 3335439 | Added On: 09 Feb 2026 | Last Updated: 09 Feb 2026 |
| Market Status: Available | Type: Residential Land |
Interesting Facts
Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break the bank, Ajah is the place to go.
Leisure and Shopping
Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.
Popular Estates
Seaside Estate, Ocean Palm Estate, Peninsula Estate, Peaceville Estate, Royal Gardens Estate, Sunview Estate, Divine Homes, and others are notable estates.
Day Life
Fair Acres, located in Awoyaya, is a world-class park. It is a private country club that offers a variety of activities to its members, guests, families, and children. There is a kayaking lake, a world-class pool, a play area, a picnic area, a gym, a volleyball court, a restaurant, a bar, and an event venue, among other things.
Night Life
There are lounges, bars, and nightclubs all over the place. Simply choose your favourite....
Schools
Crane College, Busy Minds College, Jesilo High School, Lakefield Schools, Edidot College, Alpha Covenant Heritage School, Lakewood British School, Learning Ladder Montessori Schools, Readington School, Amber Ville School, Goldenline School, and others are among the schools that have made quality education accessible.
Read the full area guide for Ajah, Lagos.
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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 6 months ago
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