For Sale: Value-added Redevelopment Land On Offer, Ojora Road, Ikoyi, Lagos (Ref: 3043059)

Value-added Redevelopment Land On Offer

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Property Description

***FOR SALE***

Ojora Road --- 2,600 m² with Structures

Value-add redevelopment --- 2,600m² on Ojora Road with well-maintained structures
--- immediate income or redevelopment play

Property summary
A significant holding offered with existing, well-maintained structures that can either be refurbished for immediate rental income or demolished to unlock higher-density redevelopment. The commercial potential depends on the buyer's strategy.

Key facts & pricing

- Area: 2,600 m²
- Title: Lagos C of O
- Asking price: ₦10,000,000,000 (site + structures)

Opportunity & recommended uses

- Short-term: refurbish existing structures for immediate cashflow (let/operate)
- Medium/long-term: demolish and redevelop for serviced apartments, gated residential or mixed-use
- Ideal for developers with value-add or conversion experience

Location & accessibility

- Positioned on Ojora Road --- accessible to Ikoyi and Lagos' primary business and leisure districts
- Proximity to major routes increases attractiveness for mixed-use solutions

Title & legal notes

- Lagos C of O. Buyers should request as-built drawings, condition survey and any compliance certificates for existing structures

Investment highlights

- Dual optionality: keep structures to offset holding costs or redevelop for higher GDV
- Price reflects both land and built assets --- factor demolition/refurbishment costs into offers
For more information or to schedule a viewing, please contact us.
This is a rare opportunity to invest in a prime location in one of the most prestigious locations In Lagos---don't miss out on securing your slice of luxury in Lagos!
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Property Details

Property Ref: 3043059Added On: 19 Aug 2025Last Updated: 20 Aug 2025
Market Status: AvailableType: Residential LandTotal Area: 2,600 sqm

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 sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.

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 record of academic success.

Read the full area guide for Ikoyi, Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
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