1000sqm Land
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Property Description
Prime Property For Sale in Lekki Phase 1
1,000 SQM C of O ₦1.45 Billion Net With Existing Structures 100% Closable
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Property Brief
- Location: Off Fola Osunbo, Lekki Phase 1, Lagos
- Total Size: 1,000 SQM
- Existing Structures: Main building + BQ (details available on inspection)
- Price: ₦1,450,000,000 (Net)
- Title: Certificate of Occupancy (C of O)
- Status: With existing structures --- 100% closable
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Key Highlights
- Prime Lekki Phase 1 location --- highly sought-after neighborhood
- Existing structures provide immediate use or redevelopment potential
- Clear C of O title --- ensures smooth and secure transaction
- Net price --- no extra costs or hidden fees
- Ideal for renovation, expansion, or complete redevelopment
- Semi-direct --- genuine and transaction-ready
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️ Property Features
- Main residential building
- Separate Boys Quarter (BQ)
- Generous compound space
- Good structural condition
- Potential for renovation or rebuilding
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Best Suited For
- Luxury home with existing structures
- Renovation and expansion project
- Redevelopment into luxury apartments
- Corporate guest house
- Family compound with upgrade potential
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Location Perks
- Quiet yet accessible street off Fola Osunbo
- Premium Phase 1 environment with top-notch infrastructure
- Close to key landmarks, schools, and business districts
- Secure and well-developed neighborhood
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Investment Advantage
- Existing structures provide immediate utility
- Strong potential for value appreciation
- Rental income potential during redevelopment planning
- Prime location ensures good resale value
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Transaction Ready
- Title: C of O available for verification
- Price: Firm and net --- transparent and straightforward
- Structures: Existing buildings in good condition
- Process: 100% closable with no complications
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Next Steps
Interested and capable buyers should contact for:
- Site inspection and building assessment
- C of O verification
- Structural evaluation report
- Purchase and closing process
Serious inquiries only --- a rare Phase 1 opportunity with existing structures.
Property Details
| Property Ref: 3189956 | Added On: 07 Nov 2025 | Last Updated: 07 Nov 2025 |
| Market Status: Available | Type: Residential Land | Total Area: 1,000 sqm |
| Covered Area: 1,000 sqm |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 3 months ago
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