Nigeria Property Centre

Land on 3rd Avenue, Banana Island, Ikoyi, Lagos

There are 61 land for sale and rent in 3rd Avenue as of 23 Oct 2026, with an average price of ₦4.3B. 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.

Premium
₦5,500,000 per sq.m

Mixed-use land for sale

Prime 852SQM Parcel of Land

"a prime 852sqm parcel of land is available for sale along 3rd Avenue in the prestigious Banana Island, Ikoyi. Positioned within one of Lagos' most exclusive residential enclaves, this property offers an excellent opportunity for investors and developers looking to acquire valuable real estate in a highly sought-after location. Property Details Land Size: 852sqm Location: 3rd Avenue, Banana Island, Ikoyi Title: Federal Certificate of Occupancy (C of O) Price per SQM: ₦5,500,000 This property is ideal for investors and developers seeking a premium landholding in Banana Island, with excellent potential for a luxury development, subject to applicable planning approvals. Price ₦5,500,000 per sqm Total Asking Price: ₦4,686,000,000 (₦4.686 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
C W Real Estate
Premium
₦6,000,000 per sq.m

Mixed-use land for sale

Prime 1,283SQM Parcel of Land

"An exceptional 1,283sqm parcel of land is available for sale along 3rd Avenue in the prestigious Banana Island, Ikoyi. Situated in one of Lagos' most exclusive and sought-after neighbourhoods, this property presents an excellent opportunity for discerning buyers, investors, and developers looking to secure prime real estate in a premium location. Property Details Land Size: 1,283sqm Location: 3rd Avenue, Banana Island, Ikoyi Title: Lagos State Certificate of Occupancy (C of O) Price per SQM: ₦6,000,000 This property is ideal for investors and developers seeking a substantial landholding in Banana Island, with excellent potential for a luxury development, subject to applicable planning approvals. Price ₦6,000,000 per sqm Total Asking Price: ₦7,698,000,000 (₦7.698 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
C W Real Estate
Premium
₦5,500,000 per sq.m

Mixed-use land for sale

Prime 10,000SQM Development Land

"An exceptional opportunity to acquire 10,000sqm of prime development land located off 3rd Avenue in the prestigious Banana Island, Ikoyi, Lagos. This substantial parcel offers a rare opportunity for developers and institutional investors seeking a large landholding in one of Lagos's most exclusive real estate destinations. With a Federal Certificate of Occupancy (C of O), the property presents significant potential for a major development project, subject to applicable zoning regulations, planning approvals, and permitted land use. Property Details Property Type: Large-Scale Development Land Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Land Size: 10,000sqm Title: Federal Certificate of Occupancy (C of O) Price per SQM: ₦5,500,000 Land Use: To be confirmed based on applicable zoning and planning regulations Investment Potential This property is ideal for major property developers, institutional investors, and organisations seeking a substantial land parcel for a large-scale development project. Its considerable size and prestigious Banana Island location make it an attractive opportunity for buyers looking to establish a significant presence in Lagos's premium real estate market. Asking Price Price per SQM: ₦5,500,000 Total Asking Price: ₦55,000,000,000 (₦55 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
C W Real Estate
Premium
₦5,500,000 per sq.m

Residential land for sale

Prime 852SQM Waterfront Land

"An exceptional opportunity to acquire 852sqm of prime waterfront land situated off 3rd Avenue in the prestigious Banana Island, Ikoyi, Lagos. Located within a designated residential zone, this property offers an attractive waterfront setting for luxury residential development. Its exclusive location in one of Lagos's most sought-after neighbourhoods makes it an appealing opportunity for discerning homeowners, property developers, and real estate investors. Property Details Property Type: Waterfront Residential Land Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Land Size: 852sqm Land Use: Residential Waterfront Status: Waterfront Property Title: Federal Consent Price per SQM: ₦5,500,000 Investment Potential This property is ideal for the development of an exclusive waterfront residence or other premium residential projects, subject to the necessary planning and development approvals. Its waterfront location, residential zoning, and position within Banana Island make it a desirable acquisition for buyers seeking a prestigious address and long-term real estate investment potential. Asking Price Price per SQM: ₦5,500,000 Total Asking Price: ₦4,686,000,000 (₦4.686 Billion)" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
C W Real Estate
A Very Good Land Measuring 500SQM Within a Serene Estate — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
2
₦3,000,000,000

Residential land for sale

A Very Good Land Measuring 500SQM Within a Serene Estate

Exclusive listing for sale -- banana island Available for sale is a prime plot measuring 500sqm situated in the residential area of the prestigious Banana Island, Ikoyi. Details: Size: 500 Sqm Title: Lagos State Certificate of Occupancy (C of O) with building approval for full detached house. Price: N3 Billion Net (ONO) For inspection and further enquiries, please contact us on 0802 828 1437, 0702 575 5594, 0809 313 6972, 0903 156 7170

3rd Avenue, Banana Island, Ikoyi, Lagos
500 sqm
Yield Unique Services
Premium
₦4,700,000,000

Land for sale

1000SQM Land

1000sqm land for Sale. Off 3rd Avenue, Banana Island. Price: N4.7bn net. Fed CofO

3rd Avenue, Banana Island, Ikoyi, Lagos
1000 sqm
Oma's Home and Luxury Apartment
Premium
₦3,800,000 per sq.m

Residential land for sale

3,403SQM Land

Description: Prime waterfront land measuring 3,403 sqm. Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion Let's Deal!

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
3403 sqm
Rosemond Hills Limited
Premium
₦12,930,000,000

Residential land for sale

Prime Waterfront Residential Land

Prime waterfront land measuring 3,403 sqm. Location: Off 3rd Avenue, Banana Island, Ikoyi, Lagos Price: ₦3.8 Million per sqm Title: Federal C of O Total Price: ₦12.93 Billion

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
3403 sqm
Caxtoncrown Realtors
852SQM Waterfront Residential Land in a Serene Environment — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

852SQM Waterfront Residential Land in a Serene Environment

Waterfront land off 3RD avenue - banana island ______________________________________________ Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.

3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Verarch Homes Limited
Fantastic Waterfront Plot 852 Square Metres. — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

Fantastic Waterfront Plot 852 Square Metres.

For sale Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. Land Size: 852 sqm Title: Federal Certificate of Occupancy Topography: 100% Dry, Table Land Price: N5 Million per sqm Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build.

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Ticino Group
2,600 SQM Waterfront Land — Off 3rd Avenue, Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

2,600 SQM Waterfront Land

Location: Off 3rd Avenue, Banana Island Estate, Ikoyi, Lagos Property Type: Waterfront Land Land Size: 2,600 SQM Price: ₦5 Million per SQM Total Asking Price: ₦13 Billion Title: Lagos State C of O Proposed Use: Residential / Waterfront Development Transaction: For Sale Property Overview This 2,600 SQM waterfront land for sale in Banana Island, Ikoyi, Lagos presents a substantial development opportunity within one of Lagos' most sought-after residential locations. Positioned off 3rd Avenue in Banana Island Estate, the property offers a sizeable land area combined with a direct waterfront position, making it particularly suited to buyers considering a premium private residence or a larger residential development, subject to applicable planning, environmental and development approvals. The property is offered at ₦5 Million per SQM, resulting in a total asking price of ₦13 Billion. Zahari View The defining feature of this property is its waterfront position within Banana Island. With 2,600 SQM of land, the parcel provides significantly more development space than a typical residential plot, potentially giving a private buyer or developer greater flexibility in planning a substantial residential project. For a private buyer, the property may be considered for a large-scale luxury waterfront residence designed around the site's location and waterfront character. For a developer, the land size creates an opportunity to assess a premium residential concept, subject to planning regulations, permitted use, site conditions, environmental considerations and relevant approvals. Property Highlights 2,600 SQM waterfront land Located off 3rd Avenue, Banana Island Estate, Ikoyi ₦5 Million per SQM ₦13 Billion total asking price Lagos State C of O Direct waterfront position Premium Banana Island location Residential / waterfront development potential Suitable for private buyers, developers and strategic property investors Development subject to applicable approvals and regulations Why This Property Deserves Attention Waterfront land in Banana Island commands attention because of the combination of location, land size and waterfront positioning. At 2,600 SQM, this parcel offers a substantial development footprint for buyers seeking more than a conventional residential plot. The property's location within Banana Island also places it within an established premium residential environment, while its waterfront position provides a distinct characteristic that may influence the design, positioning and market appeal of any proposed development. However, the value of a property of this scale should be assessed beyond its headline location. Buyers should consider the site's exact boundaries, planning parameters, waterfront conditions, access, infrastructure and all applicable development requirements before proceeding. Development & Investment Perspective At an asking price of ₦5 Million per SQM, the acquisition represents a significant capital commitment. A developer should therefore undertake a detailed feasibility assessment before committing funds. This should include the proposed development concept, permitted density, building height, setbacks, access, parking, infrastructure, construction costs, professional fees, statutory charges and potential market demand. Because the property has a waterfront position, prospective developers should also undertake appropriate technical and environmental assessments and confirm all applicable requirements governing development along the waterfront. For long-term investors, the property's land size, location, title and future development potential should be evaluated alongside comparable premium land opportunities within Banana Island and the wider Ikoyi market. Investor's Note Prospective buyers are advised to independently verify the property and undertake comprehensive due diligence before making any financial commitment. Key areas of verification should include: Lagos State C of O and title history Survey and exact land dimensions Ownership and transfer history Exact waterfront boundary and site configuration Permitted land use Planning and development regulations Applicable waterfront and environmental requirements Building density and height restrictions Setback and parking requirements Access and infrastructure Applicable government and statutory charges Development feasibility and projected returns Documentation Title: Lagos State C of O Documentation is available for verification. Buyers are advised to engage qualified legal, survey, planning and property professionals to independently verify the title, survey, ownership and development requirements before concluding the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe premium property acquisition should be guided by more than location and asking price. A major land acquisition requires a clear understanding of title, planning, development potential, site characteristics, market positioning and long-term value. This 2,600 SQM waterfront land in Banana Island offers a combination of substantial land size and a distinctive waterfront position that makes it worthy of consideration by private buyers and developers seeking a premium residential development opportunity in Ikoyi. Asking Price ₦5 Million per SQM 2,600 SQM × ₦5 Million = ₦13 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer Property information, pricing, availability and documentation are subject to confirmation and verification. Waterfront development may be subject to additional planning, environmental and regulatory requirements. Prospective buyers should conduct independent legal, survey, planning, environmental and financial due diligence before making any financial commitment.

Off 3rd Avenue, Banana Island Estate, Banana Island, Ikoyi, Lagos
Zahari Properties
Premium 500 SQM Land in a Close in an Estate — Off 3rd Avenue Road, Banana Island, Ikoyi, Lagos
Premium
3
₦5,000,000 per sq.m

Residential land for sale

Premium 500 SQM Land in a Close in an Estate

A well cut-out 500SQM land located in a gated Waterfront Close off 3rd Avenue Road, Banana Island Estate, Ikoyi, Lagos available for sale. Price is N5m per sqm ono.

Off 3rd Avenue Road, Banana Island, Ikoyi, Lagos
500 sqm
Maxville Intergrated Company
1000 SQM Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,200,000,000

Residential land for sale

1000 SQM Residential Land

Newly out -- distress sale Location: 3rd Avenue, Banana Island, Lagos Land Size: 1,000 sqm Title: Federal C of O Price: ₦4.2 Million per sqm Total Asking Price: ₦4.2 Billion Prime development opportunity in Banana Island. Note: Distress sale --- serious and ready buyers only. V

3rd Avenue, Banana Island, Ikoyi, Lagos
1000 Parking 1000 sqm
Best Grand Masters Realty
2600SQM Waterfront Residential Land — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦13,000,000,000

Residential land for sale

2600SQM Waterfront Residential Land

Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 2,600sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 2,600sqm - Title: Lagos State CofO Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build Eze

3rd Avenue, Banana Island, Ikoyi, Lagos
2600 sqm
Rosemond Hills Limited
852SQM Water Front Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,260,000,000

Residential land for sale

852SQM Water Front Land

Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development - Price: N5 Million per sqm - Total: N4.26 Billion Features: Direct waterfront, serene and secure environment, proximity to 2nd & 3rd Avenue infrastructure, ready to build. Quad

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Gui Integrated Concept Limited
852SQM Strategically Located Direct Waterfront Residential Land — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦5,000,000 per sq.m

Residential land for sale

852SQM Strategically Located Direct Waterfront Residential Land

Outright buyer needed Banana island, waterfront. Waterfront land off 3RD avenue - banana island Waterfront Residential Land measuring 852sqm strategically located off 3rd Avenue, Banana Island, Ikoyi. - Location: Off 3rd Avenue, Banana Island Estate - Size: 852 sqm - Title: Federal Certificate of Occupancy (Fed. C of O) - Topography: 100% Dry, Table Land - Use: Residential / Luxury Waterfront Development Price: N5 Million per sqm Total: N4.26 Billion Features: - Direct waterfront - Serene and secure environment - Proximity to 2nd & 3rd Avenue infrastructure - Ready to build Olajbatdangbe

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
David Moren Property Services
Waterfront Residential Land Plot with Embankment Measuring 852SQM — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
1 Video
₦5,000,000 per sq.m

Residential land for sale

Waterfront Residential Land Plot with Embankment Measuring 852SQM

Waterfront plot in banana island Waterfront plot off 3rd Avenue. Land measuring 852sqm with embankment. The land is ready for immediate development Title: Federal Consent Price: 5m/sqm

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
852 sqm
Breathing Space
Urgent Waterfront Residential Plots — Off 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
1
₦4,000,000 per sq.m

Residential land for sale

Urgent Waterfront Residential Plots

Very urgent seller waterfront plot close to adenuga house , 2nd avenue ,3rd avenue Fed cfo 2 units 3000ms/2000ms available Sept also Also ubotos Different rates Others Serious buyer only

Off 2nd Avenue, Banana Island, Ikoyi, Lagos
Vallecano Ventures
Premium
₦4,200,000 per sq.m

Residential land for sale

2,275SQM Land

For sale Waterfront land measuring 2,275sqm located at , 3rd Avenue, J61 Banana Island, Ikoyi Price: N4.2 million per sqm Title: Certificate of Occupancy Let's Deal! Isobu

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Rosemond Hills Limited
1, 000SQM of Land — Banana Island, Ikoyi, Lagos
Premium
7
₦4,000,000 per sq.m

Residential land for sale

1, 000SQM of Land

Banana island land sale Land for Sale in Banana Island Size: 1,000sqm, 2000sqm and 5000sm Location: 3rd Avenue, Residential area, Banana Island, Ikoyi Price: N4m per sqm Title: Fed & State C of O

Banana Island, Ikoyi, Lagos
1000 sqm
Unique Multi Concepts Limited

Showing 1–20 of 61 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
FAQ

Frequently asked questions

The average price of land on 3rd Avenue, Banana Island, Ikoyi, Lagos is ₦4,260,000,000.

Prices for land on 3rd Avenue, Banana Island, Ikoyi, Lagos go up to around ₦13,000,000,000.

Prices for land on 3rd Avenue, Banana Island, Ikoyi, Lagos start from around ₦1,700,000,000.

There are 61 available land on 3rd Avenue, Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for land on 3rd Avenue, Banana Island, Ikoyi, Lagos range from ₦3,300,000 to ₦13,000,000,000.