379 Sqm Residential Land In A Secure Estate

This Buy and build land in a secure estate (201ikota) is located in Megamound Estate, Ikota, Lekki, Lagos. The size of this land is 379 square meters. The price of the property was ₦240,000,000 but now ₦185,000,000 and we have attached pictures and videos for you to view and see if it meets your specification and budget.

About the Land

Here is a rare opportunity to acquire 379 square meters of prime land in one of Ikota's most desirable residential corridors. This plot is well-proportioned, dry, and fully buildable, making it ideal for a luxury private residence, high-end duplex, or boutique investment property.

What makes this offering particularly compelling is that it is currently on distress, creating a unique window to secure premium land at exceptional value. With a clear and verifiable title, including a Certificate of Occupancy (C of O), registered survey, and deed of assignment, this property guarantees peace of mind and a seamless transaction process.

Asking Price: ₦185,000,000
Considering the location, title security, and estate pedigree, this price represents strong value in today's market.

About Megamound Estate

Megamound Estate is a well-planned, fully gated residential estate located in Ikota, one of Lekki's most established neighborhoods. The estate is designed for comfort, privacy, and security, making it highly attractive to homeowners and investors alike.

Key features include:

24/7 professional security

Controlled access and gated entry

Serene, orderly, and upscale environment

A community of quality residential developments

Megamound Estate enjoys excellent connectivity to major roads, commercial hubs, shopping centers, schools, and lifestyle destinations within Lekki. It is a location favored by professionals, expatriates, and high-net-worth individuals who prioritize security and convenience.

Investment Potential

Land in Ikota---especially within secure, gated estates---has consistently demonstrated strong appreciation over time. This particular offering stands out due to its distress pricing, which immediately enhances its upside potential.

Key investment advantages include:

Capital appreciation: Limited land supply in Ikota continues to drive price growth.

High rental demand: Finished properties in gated estates attract premium tenants.

Liquidity: Properties with C of O and complete documentation are easier to resell.

Flexible use: Suitable for personal development, rental income, or land banking.

Securing this land now means buying below peak market value in a location with proven demand and long-term growth prospects.

Conclusion

This is not just a land purchase---it is a strategic acquisition in a prime Ikota estate, backed by solid documentation, strong infrastructure, and a rare distress price. Opportunities like this are scarce and time-sensitive.