Commercial land for sale
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110 Hectares of Land
About this property
A rare 110-hectare waterfront development opportunity at the end of Freedom Way, Lekki Phase 1 --- strategically positioned adjacent to Orange Island and Osita Island. This is not ordinary land acquisition. It is a mega-scale development opportunity suitable for a landmark master-planned destination. Property Details
- Land Area: 1,072,000 sqm
- Size: 110 hectares approx. 265 acres
- Location: End of Freedom Way, Lekki Phase 1
- Position: Adjacent to Orange Island & Osita Island
- Topography: Stated as 100% dry land
- Title: Lagos State C of O + other relevant documentation
- Price: ₦800,000/sqm net
- Land Consideration : ₦857.6 billion net
- Agency: 5% applicable to buyer --- ₦42.88 billion
- Total Commitment: ₦900.48 Billion
Development Potential The scale and strategic positioning make this opportunity potentially suitable for:
- Luxury master-planned communities
- Ultra-prime residential estates
- Waterfront hospitality & resort development
- Mixed-use destination development
- Commercial and lifestyle districts
- Private institutional development
- Large-scale investment / land banking
Transaction Outright acquisition preferred. Serious offers will be considered. Loi / formal Offer Letter required before physical inspection. Inspection is strictly by appointment and subject to qualification. Confidential --- principals & qualified investors only. Inspection / enquiries +234 813 714 3886 +234 813 743 9166 N.e.w.s. Realty Limited
Property details
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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