Nigeria Property Centre

Residential land for sale

1,692 SQM Residential Waterfront Land

Off Fatai Arobieke Road, Lekki Phase 1, Lekki, Lagos
₦2,200,000 per square meter
#371-786-4 9 Oct 2026
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Residential Property type

About this property

Property Details Location: Off Fatai Arobieke Road, Lagos Property Type: Corner-Piece Waterfront Land Land Size: 1,692 SQM Asking Price: ₦2.2 Million per SQM Estimated Total Price: ₦3.72 Billion Transaction: Sale Title: Certificate of Occupancy (C of O) stated Property Status: Available Zahari View This 1,692 SQM corner-piece waterfront parcel of land, located off Fatai Arobieke Road, is available for sale at a stated rate of ₦2.2 million per square metre. The property is described as fenced and gated, offering defined physical boundaries for prospective buyers to inspect and assess. The combination of a substantial land area, corner-piece positioning and waterfront setting may interest property developers and investors evaluating a site for a suitable development project. However, the property's actual development potential will depend on its exact location, permitted land use, planning regulations, waterfront restrictions, access and applicable environmental requirements. Property Highlights 1,692 SQM land parcel Corner-piece positioning Waterfront location Fenced and gated Certificate of Occupancy (C of O) stated Asking rate of ₦2.2 million per SQM Estimated total price of ₦3.72 billion Why This Property Deserves Attention The land area and corner-piece configuration may provide flexibility when assessing site layout, access and development design. Its waterfront position is another defining feature that buyers should evaluate alongside the physical characteristics and planning conditions of the site. Before committing to the purchase, prospective buyers should establish the exact plot boundaries, waterfront setback requirements, drainage conditions, flood exposure, permitted building envelope and any applicable restrictions affecting development near the water. Buyer's Perspective Prospective buyers should independently verify: Original Certificate of Occupancy and root of title Ownership history and authority to sell Survey plan, coordinates and plot dimensions Exact location and boundary alignment Corner-piece access and road frontage Waterfront boundary and any applicable easements Permitted land use and planning approvals Building setbacks, density and height restrictions Drainage, flood risk and waterfront development restrictions Existing encumbrances or third-party interests Applicable legal, statutory and professional costs Investor / Buyer Note At the stated asking rate of ₦2.2 million per SQM, the indicative calculation for 1,692 SQM is ₦3.7224 billion, approximately ₦3.72 billion. The final purchase price should be confirmed with the seller. The stated C of O, survey details, ownership records and waterfront boundaries should be independently verified. Any proposed development should also be assessed against the relevant planning and environmental requirements before acquisition. For Enquiries & Inspections Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Prospective buyers should independently verify the property's availability, title, ownership, survey, boundaries, access, waterfront restrictions, permitted land use, planning requirements and applicable costs with the appropriate professionals and authorities before committing to a purchase.

Property details

Reference ID #371-786-4
Listed by Zahari Properties
Property type Residential Land
Listing status Residential land for sale

Area guide — Lekki

Lagos

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

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Zahari Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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