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PRIME PROPERTY FOR SALE -: MAGODO GRA PHASE 2
Rare Opportunity to Acquire 55 Plots of Premium Corner Piece Land with Existing Structures
Strategically located corner-piece property situated in the prestigious Magodo GRA Phase 2, Shangisha -- a highly sought-after and well-developed neighborhood known for its serenity, top-tier security, and excellent accessibility.
🧱 Property Details:
Land Size: 55 Plots (Corner Piece)
Topography: Table, dry, and solid land
Title: Certificate of Occupancy (C of O)
Location: Magodo GRA Phase 2 / Shangisha, Lagos
Price: ₦18.5 Billion (Asking)
️ Existing Structures:
The property already hosts several structures, offering an added advantage for redevelopment, renovation, or immediate use.
Ideal for a Variety of High-End Developments:
This expansive parcel of land is perfect for:
Luxury Mini Estates / Gated Residential Communities
Premium Serviced Apartments or Luxury Flats
Top-Class Hotel & Resort Complex
Corporate Headquarters or Office Parks
International Schools or Medical Facilities
Upscale Shopping Plazas or Lifestyle Centres
Prime Lagos location with close proximity to Ikeja, Alausa Secretariat, and the Lagos-Ibadan Expressway
Secure, gated community with top-tier infrastructure
Excellent return on investment (ROI) in a high-demand area
Serious buyers and developers are welcome to schedule a private inspection.
This is a rare chance to own a substantial piece of real estate in one of Lagos' most prestigious neighborhoods.
Property Ref: 2924555 | Added On: 16 Jun 2025 | Last Updated: 16 Jun 2025 |
Market Status: Available | Type: Residential Land | Total Area: 30,000 sqm |
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives access to all of the 'good stuff' in Ikeja, such as business and employment opportunities.
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of Lagos co-operative, and many of its staff own homes there.
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicures are all available.
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making, hairdressing, and sports. Newfield School employs a broad and balanced curriculum based on the Nigerian and British National Curriculums.
Read the full area guide for Magodo, Lagos.
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