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PROPERTY BRIEF -- OLD IKOYI, LAGOS
Location: Olu Holloway Road, Old Ikoyi, Lagos
Property Type: Bare Land (Residential)
Land Size: 700 square meters
Title: Governor's Consent
Asking Price: ₦3,500,000,000
Overview:
Prime parcel of dry, vacant land strategically located in the prestigious Old Ikoyi district. The property sits along Olu Holloway Road, a well-established and highly sought-after residential corridor known for luxury developments and high-value real estate.
Key Features:
Rectangular, build-ready plot
Located in a serene, secure, and fully residential neighborhood
Excellent road access and infrastructure
Suitable for high-end residential development (luxury detached home or upscale apartments)
Strong capital appreciation potential due to limited land supply in Old Ikoyi
Title & Documentation:
Governor's Consent (subject to verification)
Survey plan and title documents available upon request
Due diligence advised at Lagos State Land Registry
Investment Highlights:
Positioned within one of Lagos' most exclusive real estate markets
High demand for premium residential developments
Attractive for both owner-occupiers and property developers
Potential for long-term value growth and rental yield
Guide Price: ₦3.5 Billion (Asking)
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| Property Ref: 3459909 | Added On: 30 Apr 2026 | Last Updated: 30 Apr 2026 |
| Market Status: Available | Type: Residential Land | Total Area: 700 sqm |
| Covered Area: 700 sqm |
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?
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.
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.
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.
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.
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.
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