Undervalued Land With Strong Capital Appreciation
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Property Description
LEKKI PHASE 1 DISTRESS LAND DEAL -- UNDER MARKET VALUE
Chief Collins Street, Off Emma Abimbola Cole, Lekki Phase 1
Size: 440sqm
Price: ₦720,000,000
This is a rare opportunity to secure a prime parcel in the heart of Lekki Phase 1 at a price significantly below the current market rate.
With land in this axis selling between ₦1.7M -- ₦1.8M per sqm, this deal is strategically priced for immediate equity upside.
Why This is a Smart Buy:
- Located in a premium, fully developed neighborhood
- Ideal for luxury residential development
- Strong capital appreciation potential
- Clean, straight-forward transaction ( closable)
- High-demand zone with limited land availability
This isn't just land---it's a calculated investment in one of Lagos' most valuable real estate corridors.
Serious buyers only. Reach out now to secure before it's gone.
Property Details
| Property Ref: 3444169 | Added On: 21 Apr 2026 | Last Updated: 21 Apr 2026 |
| Market Status: Available | Type: Residential Land | Total Area: 440 sqm |
| Covered Area: 440 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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Marketed by
Plot 4 , Alahaji Adeoye Peaceland Street, Ogombo Ajah Lagos, Ogombo Ajah, Lagos, Nigeria
0813 XXXX Show Phone
08138371196
Registered 4 years ago
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