Mixed-use land for sale
Residential land for sale
Strategically Located 1117SQM of Land + Demolishable Structure
About this property
Land + Existing Structure Awuse Estate, Opebi Ikeja*
Size: 1,117sqm Facing Major Ajanaku Street
Title: Certificate of Occupancy
Price: ₦1,200,000,000*
*Frontage, Pedigree & Immediate Utility in One Asset*
Presenting a rare dual-value property on Ajanaku Street, Awuse Estate --- one of Opebi-Ikeja's most strategic and appreciating corridors. This 1,117sqm land with an existing structure offers the best of both worlds: immediate income/occupancy potential today, and massive redevelopment upside tomorrow. Corner-facing position on the major Ajanaku Street ensures visibility, accessibility, and prestige.
*Property Highlights:*
*1. Location & Strategic Advantage*
- *Ajanaku Street, Awuse Estate, off Opebi, Ikeja*: The new nerve center for upscale residential and boutique commercial development
- *Major Road Frontage*: Direct frontage on the main Ajanaku Street = unmatched visibility, easy access, and higher valuation
- *Connectivity*: 3 minutes to Opebi, 7 minutes to Ikeja GRA, 10 minutes to Maryland and the 3rd Mainland Bridge
*2. Land & Title Security*
- *Size*: 1,117 Square Meters --- generous footprint with excellent depth and frontage
- *Structure*: Existing building on site. Ideal for immediate use, phased development, or as holding income while plans are finalized
- *Title*: Certificate of Occupancy C of O --- Governor's Consent title. Bankable, verifiable, and the highest security of tenure available in Lagos
*3. Development & Investment Potential*
This is a developer's and investor's dream:
- *Option 1*: Renovate/refurbish the existing structure for immediate rental yield in a high-demand zone
- *Option 2*: Demolish and redevelop into luxury duplexes, serviced apartments, boutique office, or mixed-use complex
- *Option 3*: Land bank in Awuse/Opebi --- one of Ikeja's fastest-appreciating axes due to proximity to GRA and airport
With Opebi-Awuse rapidly transforming, properties with major road frontage and C of O title are becoming trophy assets.
*Pricing:*
*₦1,200,000,000*
_Pricing reflects size, major road frontage, existing structure, and impeccable C of O title. Benchmarked for current Awuse/Opebi market values._
*Due Diligence & Inspection:*
All title documents available for verification at Lagos Land Registry. Private inspection available for qualified buyers and authorized representatives. Proof of funds required prior to site visit.
_Exclusive mandate. Discreet, professional, and expedited transaction for discerning clients only._
#ed
Property details
Area guide — Ikeja
Interesting Facts
Despite being a small district, Opebi is a unique place to live. Many of the well-known Instagram shops and businesses are available in Opebi, including Spar, Payporte, and Ruff n Tumble, among others.
Leisure and Shopping
Opebi doesn't appear to have any central markets or open traditional markets located within the district, but residents still have plenty of shopping centres, supermarkets, and plazas where they can easily get what they...
Popular Estates
Estates in this area are gated and safe. These estates are secure and gated. To ensure the safety and security of their residents, they have security personnel on duty day and night. The estates at Opebi also provide add...
Day Life
The neighbourhood has a few standout spots and a tonne of exciting and entertaining places where you can take a break from the relentless sun or while away a few hours with food and drinks, either by yourself or with fam...
Night Life
Opebi is one of the best neighbourhoods for a lively evening, even though it isn't always a hotspot for all-night parties. As dusk falls, the area changes into one of Lagos's most upscale entertainment districts with doz...
Schools
Opebi is where you can find schools that are dynamic, advantageous, modern, and in a setting that is good for both teaching and learning. There are several schools in the area that create intelligent, enlightened, and we...
Read the full area guide for Ikeja, Lagos
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