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₦1,700,000,000
Land for sale
Land with Structure
Lekki, Lagos
900 sqm
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Residential land for sale
Distressed 600SQM Residential Land
Ostia Island, Near Orange Island, Off Freedom Way, Lekki Phase 1, Lekki, Lagos
₦400,000,000
Ref ID: #369-097-9
Posted 23 Sep 2026
23 Sep 2026
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12 Pearls Ventures
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600 m²
Plot size
Residential
Property type
About this property
Distressed land opportunity lekki phase 1 Ostia Island, off Freedom Way, Lekki Phase 1 600sqm Distressed Sale A discreet opportunity for a serious investor/developer to acquire a prime 600sqm site in Lekki Phase 1 at a significant discount to market.
- 600sqm prime development site
- Indicative average market value: ₦720M
-
- Seller can consider as low as ₦400M net for a credible and ready buyer
- Suitable for premium development, subject to approvals
- Motivated/distressed sale
At ₦400M net, this represents a potential ₦320M discount to the ₦720M average market reference. Strictly for qualified buyers / principals. DM me for the exact location, title details and due-diligence pack. 12 Pearls Real Estate Trust before transactions. Quality before quantity.
Estate facilities
Security & Safety
Security gate
Perimeter fencing
CCTV surveillance
Outdoor & Communal
Landscaped garden
Outdoor lighting
Tarred or paved road
Drainage
Property details
Reference ID
#369-097-9
Listed by
12 Pearls Ventures
Property type
Residential Land
Listing status
Residential land for sale
Plot size
600 m²
Area guide — Lekki
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 o...
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 i...
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 alway...
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, Lagos
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Disclaimer
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