Mixed-use land for sale
Lekki Phase 1, Lekki, Lagos
Corner plot for sale in lekki phase 1, lagos
450 sqm vacant & fenced c of o title ₦850 million ≈ ₦1.889 million per sqm
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property overview
- location: lekki phase 1, lagos.
- land size: 450 sqm.
- plot type: corner piece (enhanced frontage and visibility).
- condition: vacant and fully fenced.
- title: certificate of occupancy (c of o).
- asking price: ₦850,000,000.
- price per sqm: ≈ ₦1,888,889.
- status: titled, secured, and ready for immediate development.
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key highlights
- premium lekki phase 1 address: one of lagos's most sought-after residential and commercial neighborhoods, known for wide roads, security, and exclusivity.
- corner plot advantage: offers dual road access, better ventilation, natural light, and greater architectural flexibility -- commands a premium over standard plots.
- fenced & vacant: immediate security, clear boundaries, and no demolition required -- ready to build.
- strong c of o title: full certificate of occupancy provides legal security, smooth transfer, and financing ease.
- mixed-use potential: zoning allows for either high-end residential or commercial development (subject to local approvals).
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️ development potential
- luxury detached villa with generous setback.
- modern duplex with separate bq.
- boutique commercial space (office, clinic, showroom).
- small apartment block (subject to density regulations).
- high-end townhouse (if combined with adjacent plot -- not applicable here).
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location benefits
- lekki phase 1 prestige: minutes from admiralty way, ikoyi, victoria island, and major business hubs.
- secure environment: low crime rate, well-maintained roads, and quality neighborhood infrastructure.
- high demand: constant interest from high-net-worth individuals, expatriates, and investors.
- corner visibility: ideal for branding if used commercially.
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investment value
- total asking price: ₦850 million.
- price per sqm: ≈ ₦1.889 million.
- market context: corner plots in lekki phase 1 with c of o typically trade at a premium. this price aligns with recent listings for similarly sized titled plots in prime phase 1 locations.
- appreciation potential: scarcity of undeveloped land in phase 1 ensures long-term capital growth.
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sale opportunity
a rare opportunity to acquire a fenced corner plot with full title in the heart of lekki phase 1. perfect for a discerning homeowner, developer, or investor seeking a premium address with immediate build potential.
ideal for:
- luxury home builders.
- high-net-worth individuals.
- real estate developers.
- commercial investors (boutique office/showroom).
corner position + c of o + prime phase 1 address -- a winning combination.
serious inquiries on...
More details
₦850,000,000
Ac Valour International
08036503218