3500sqm Bareland
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Property Description
3,500 SQMS AVAILABLE FOR OUTRIGHT SALE & JOINT VENTURE IN LEKKI PHASE 1
Property: Vacant Fenced Plot
Land Size: 3,500 Sqm (With Extra Setback)
Location: Providence Road, Lekki Phase 1, Lagos
Title: C of O
Land Value for JV: ₦7.5 Billion (Net)
Price for Outright Sale: ₦8.5 Billion (Net)
Premium: Nil
Sharing Ratio: 60/40
Facilitator's Fee: 10%
Proposal:
High-rise / Mixed-use development (70--80 units of 2-bedroom flats)
PROCEDURES / REQUIREMENTS
Letter of Intent
Company Profile
Project Proposal
Proof of Funds
NOTE:
The owner requires a credible and accredited developer with verified completed projects or an ongoing project within Lekki or Victoria Island axis. Other terms and conditions will be discussed upon engagement by both parties.
For closing contact: 09169725780
Property Details
| Property Ref: 3419384 | Last Updated: 04 Apr 2026 | Market Status: Available |
| Type: Land | Total Area: 3,500 sqm |
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 of their occupants.
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 in Lekki Phase 1, you're definitely covered.
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 always willing to show up at the local bars and clubs.
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 Phase 1, Lekki, Lagos.
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Disclaimer
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