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DISTRESS SALE -- LEKKI PHASE 1
900sqm with Demolishable Structure
Off Omorinre Johnson Street, Lekki Phase 1
Prime redevelopment opportunity in a highly sought-after location.
Vacant Possession
Title: Certificate of Occupancy (C of O)
Ideal for luxury residential redevelopment
Asking: ₦1.3 Billion
Owner is motivated --- offers around ₦1.27 Billion may be considered.
On Omorinre Johnson, land is scarce. With this corner piece, you can put two gates on two different streets. You can build four 5-bedroom terraces, and each will feel like a standalone house. In today's market, you'll flip those for ₦650M each. That's ₦2.6 Billion in revenue on a ₦1.3 Billion land investment. The numbers speak for themselves."
Why buy this?
Size Advantage: 50% larger than a standard plot.
Corner Advantage: Dual street access for multiple gates.
Profit Advantage: Build 4 units instead of 2.
The Numbers: While others pay ₦1.8M/sqm, you are paying ₦1.44M/sqm.
Omorinre Johnson, Lekki 1.
Title: C of O.
Owner is motivated.
Contact Rediva Homes to close this ₦500M profit opportunity.
Let's inspect and submit a strong offer.
Serious buyers only.
| Property Ref: 3348878 | Added On: 18 Feb 2026 | Last Updated: 18 Feb 2026 |
| Market Status: Available | Type: Residential Land | Total Area: 900 sqm |
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos.
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