1200 Sqm Of Land + 3-bedroom Bungalow
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Property Description
1200 sqm of Land + 3-Bedroom Bungalow in Lekki Phase 1, Lekki, Lagos
This is an exceptional real estate opportunity comprising 1,200 square metres of prime land with an existing 3-bedroom bungalow, positioned in the prestigious and tranquil neighborhood of Lekki Phase 1, Lagos. This property offers a perfect blend of space, comfort, and location; ideal for home makers, investors, or as a future redevelopment site.
Features
Land size is spacious enough for lush gardens, parking, outdoor amenities
Existing bungalow: 3 bedrooms, possibly ensuite bathrooms, Living room, dining area, kitchen, possibly a service quarters or guest room
Located in a good neighborhood with access to schools, shopping, roads, and amenities
Secure environment (gated & secure estate)
Good road access and infrastructure
Urban utilities such as reliable water, electricity, drainage, internet access
Potential for redevelopment that is, could renovate or build a new home/villa or multiple units
Price: Rent: N20,000,000 per year
Legal: 10%
Agency: 10%
N.B: Client can build anything on land
Image Code: CPP-CR32
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+234 813 868 2907 or, +234 911 064 9112
Property Details
| Property Ref: 3152807 | Last Updated: 17 Oct 2025 | Market Status: Available |
| Type: Commercial Property | Bedrooms: 3 | Bathrooms: 3 |
| Toilets: 4 | Total Area: 1,200 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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No 2 Wema Terrace Udi Street Osborne Foreshore Estate, Ikoyi, Lagos, Nigeria
0813 XXXX Show Phone
+2348138682907
Registered 1 year ago
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