Residential Land for Sale in Ojuelegba, Surulere, Lagos
There are 2 land for sale in Ojuelegba as of 7 Nov 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Old building on 550SQM full plot for sale in ojuelegba, surulere Location: Ojuelegba, Surulere, Lagos Price: ₦300,000,000 Land Size: 550sqm Title: Registered Conveyance Agency Fee: 5% Property Description An excellent opportunity for investors, developers, and real estate professionals seeking a strategic redevelopment property in Surulere, Lagos! This old building sits on a full plot of approximately 550sqm in the highly accessible Ojuelegba area of Surulere. The property offers an opportunity to acquire land with redevelopment potential in an established part of Lagos, making it suitable for buyers looking to create value through reconstruction or a new development. Whether you are considering a modern residential development, rental apartments, commercial use subject to planning approval, or another suitable project, this property presents an opportunity to explore the possibilities of developing to your specifications. With its location in Ojuelegba, Surulere, this property is worth considering for investors and developers looking to expand their portfolio in a well-known Lagos neighbourhood. Property Highlights - Full plot of land measuring approximately 550sqm - Existing dilapidated building - Located in Ojuelegba, Surulere, Lagos Inspection: Contact us today to arrange a viewing.
Ojuelegba, Surulere, Lagos
550 sqm
BCN LTD (Boo Construction Nig LTD)
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₦250,000,000
Residential land for sale
Land + One Storey Demolishable Structure
Full video available exclusive for sale: Land + Demolishable Structure Ojuelegba, Surulere, Lagos* 1,119sqm Existing 1-Storey Building C of O + Letter of Administration ₦250,000,000 Mainland's Hidden Gem with Redevelopment Power Presenting a strategic land parcel with an existing one-storey building in the heart of Ojuelegba, Surulere --- one of Lagos Mainland's most dynamic, high-density, and transit-rich corridors. The structure is fully demolishable, giving you immediate land value + flexibility to redevelop for maximum yield. Ojuelegba is Lagos' 24/7 hub: transport, commerce, and residential demand all converge here. Property Highlights: 1. Location & Demand Drivers - Ojuelegba, Surulere: The Mainland's commercial heartbeat. Non-stop foot and vehicular traffic, with demand for housing, retail, and student accommodation - Accessibility: Direct link to Western Avenue, Iponri, Stadium, and the National Theatre. Minutes from Yaba, Ikeja, and Victoria Island via 3rd Mainland Bridge - Vicinity: Surrounded by markets, schools, churches, and high-occupancy residential blocks. Zero vacancy risk for rentals 2. Land, Structure & Title Security - Size: 1,119 Square Meters --- generous Mainland footprint with good depth and frontage - Structure: Existing one-storey building. Demolishable structure --- ideal as holding income while you finalize development plans, or clear immediately for new build - Status: Well-demarcated, rectangular shape, suitable for high-rise or multi-unit development - Title: Certificate of Occupancy C of O + Letter of Administration --- strong, verifiable Lagos State title. Bankable and suitable for financing 3. Development & Investment Potential This is a high-yield investor's play: - Option 1: Demolish and redevelop into 4-6 floor apartment block, mixed-use complex, or student hostel --- Ojuelegba/Surulere rental demand is perennial - Option 2: Maintain current structure for immediate rental income while land appreciates - Option 3: Land bank in Surulere --- Mainland locations with C of O are scarce and appreciating rapidly due to infrastructure upgrades With Lagos focusing on mass transit and urban renewal, Ojuelegba sits at the center of growth. Pricing: ₦250,000,000 _Pricing reflects size, strategic Ojuelegba location, demolishable structure, and strong C of O + Letter of Administration title. Competitive for current Surulere market benchmarks._ Due Diligence & Inspection: All title documents available for verification at Lagos Land Registry and Probate Registry. Private inspection available for qualified buyers and authorized representatives. Proof of funds required prior to site visit. Exclusive mandate. Fast, discreet, and professional handling for serious investors and developers only._ #ed
Ojuelegba, Surulere, Lagos
1119 sqm
The Build Centre Properties
Showing 1–2 of 2 properties
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About Ojuelegba, Surulere
Ojuelegba is a suburb in Surulere Local Government Area (LGA), Lagos State, Nigeria. The area is Known for its crowded setting. Ojuelegba is regarded as one of the busiest places in Lagos. Ojuelegba is one of the key transport nodes of Lagos, connecting the city's mainlands with Lagos Island and Victoria Island. It also serves as a connecting point for people who commute the three surrounding districts of Yaba, Mushin and Surulere. Life in Ojuelegba has been depicted in several musical works, including Fela's Confusion album (1975), Wizkid's "Ojuelegba" single and OritseFemi's "Double Wahala" single.
There are 2 available residential land for sale in Ojuelegba, Surulere, Lagos. You can view and filter the list of property by price, furnishing and recency.
