Nigeria Property Centre

Residential land for sale

30 Hectares of Residential Land

Magbon, Ibeju Lekki, Lagos
₦18,000,000,000
#368-306-5 18 Sep 2026 Added yesterday
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Residential Property type

About this property

30 Hectares coastal road frontage iberekodo scheme A large-scale land banking & development opportunity A strategic 30-hectare landholding is available along the Lekki Coastal Road Corridor, at Magbon Eleko / Iberekodo Scheme. Positioned for investors and developers seeking substantial land exposure within one of Lagos' expanding coastal development corridors. Property Snapshot Location: Magbon Eleko / Iberekodo Scheme Land Size: 30 Hectares Position: Facing the Coastal Road Title: Certificate of Occupancy (C of O) Approximate Yield: 450 plots Asking: ₦40 Million per plot Indicative Bulk Value: Approximately ₦18 Billion. WHY this opportunity matters 01 --- Scale 30 hectares provides sufficient land mass for a properly planned large-scale residential, mixed-use or investment development, subject to applicable approvals. 02 --- Strategic corridor The property sits within the broader Lekki Coastal Road development corridor, giving investors exposure to an area undergoing significant infrastructure and real-estate activity. 03 --- Coastal road frontage Direct positioning along the corridor provides strong visibility and accessibility considerations for future development. 04 --- Title The property is held under a Certificate of Occupancy within the Iberekodo Scheme, with documentation available for independent verification and due diligence. 05 --- Multiple Development Strategies Potential strategies include:

  • Long-term land banking
  • Phased estate development
  • Residential development
  • Mixed-use development
  • Institutional acquisition
  • Strategic land aggregation

All development concepts remain subject to planning, zoning, infrastructure and statutory approvals. Ideal for Estate Developers Institutional Investors Family Offices Strategic Land Bankers Development Funds This is not positioned as a conventional individual-plot transaction. It is a large-scale acquisition opportunity designed for investors who understand the value of controlling substantial land within a strategic growth corridor. Due diligence Serious parties may undertake: Physical inspection Title verification Lagos Land Registry searches Survey/document verification Planning and development enquiries Commercial/legal due diligence Asking: ₦40M / plot Price : ₦18B For confidential discussions, documentation and inspection arrangements: N.e.w.s Realty Limited +234 813 714 3886 +234 813 743 9166

Property details

Reference ID #368-306-5
Listed by News Realty Limited
Property type Residential Land
Listing status Residential land for sale

Area guide — Ibeju Lekki

Lagos

Interesting Facts

Ibeju-Lekki is an intriguing location due to the number of significant infrastructure development projects in the area. The Dangote Refinery, the Lekki Deep-Sea Port, and the Lekki International Airport are among them.

Leisure and Shopping

If you enjoy shopping, do not worry because Ibeju-Lekki has a plethora of options for you to choose from. For indoor shopping, go to AGMART, Dannymart Supermarket, and La Paz Mall, and for open-air shopping, go to Akodo...

Popular Estates

In Ibeju-Lekki, there are many estates where opulence meets functionality. Amen Estate, Crown Estate, and Roseberry Estate are among them.

Day Life

Ibeju-popularity Lekki's as a tourist destination is boosted by the presence of stunning ocean fronts and lagoon views. During the day, you can visit Awolowo Museum and Private Beach, La Campagne Tropicana Resort, Lakowe...

Night Life

There are several bars and clubs in Ibeju-Lekki where you can have a good time. Visit the Comfort Lounge, Bar Classique and Restaurants, and Wind Lounge.

Schools

There is good news for parents who want their children or wards to receive a high-quality education. In Ibeju-Lekki, Guided Treasures Nursery and Primary School, Flourish Hall International School, and Albesta Academy ar...

Read the full area guide for Ibeju Lekki, Lagos

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