650sqm Virgin Residential Land
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Property Description
Virgin land measuring 650 sqm for Residential Use located within Block 4A, Orange Island Phase 2, Lekki, Lagos.
NEIGHBOURHOOD DETAILS:
Spanning over 150 hectares of reclaimed land, Orange Island is a striking new district on the Lagos lagoon offering a diversity of residential, commercial, retail, educational and communal amenities.
Orange Island is a leading example of cosmopolitan living, boasting of a marina, landscaped lake, green spaces, and with an excellent array of shops, restaurants and cafés. With the creation of unique residential clusters along the island perimeter, each with its own identity and secure access to the lake, residents will enjoy a lifestyle of serenity but still be minutes from leisure and island amenities.
NB: Increasing number of new built detached houses are now being occupied by Owner occupiers.
VALUE FORECAST:
From an investment standpoint, Orange Island represents the most active land market in the Lekki neighbourhood. Orange Island is projected to surpass Lekki Phase 1 value index by 2027 due to huge disparity between demand and supply. Selling at an average of NGN540,000/sqm (as at November, 2024), Orange Island is forecasted to sell between NGN700,000/sqm to NGN730,000/sqm by November, 2025.
Sale Price is NGN 330,000,000 (THREE HUNDRED AND THIRTY MILLION NAIRA) Only.
Title is Global C of O and Deed of Assignment.
ALL PRICING ARE AS AT 8TH NOVEMBER, 2024 AND SUBJECT TO ADJUSTMENT.
KINDLY NOTE:
(1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays);
(2) Our offices (including phone-lines) are closed on Sundays;
(3) Viewing/inspection is only by appointment;
(4) We require 2-Hour (minimum) advance notice for property viewing/inspection;
(5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221.
Best Regards.
Property Details
| Property Ref: 2566627 | Added On: 12 Nov 2024 | Last Updated: 09 Jan 2025 |
| Market Status: Available | Type: Residential Land | Total Area: 650 sqm |
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
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 First Colony Real Estate Company Ltd. 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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First Colony Real Estate Company Ltd
No. 16 Idowu Martins Street, Off Adeola Odeku Way, Victoria Island, Lagos, Nigeria
+234 XXXX Show Phone
+2348188040221
Registered 10 years ago
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