Nigeria Property Centre

Land for Rent in Ikoyi, Lagos

There are 67 land for rent in Ikoyi as of 18 Aug 2026, with an average price of ₦120M. 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
₦250,000,000 /yr

Land for rent

Prime Commercial 2800SQM Land

CWL1625 Prime Commercial 2800sqm Land in Ikoyi An exceptional 2,800sqm land parcel is available for lease in the prestigious Old Ikoyi, Lagos. Located in one of Lagos' most exclusive neighborhoods, this site offers a prime opportunity for commercial or temporary development projects requiring a premium address. The lease is available for 3 years, with the possibility of review, making it ideal for businesses seeking a strategic location with flexible lease terms. Property Details Location: Old Ikoyi, Lagos Property Type: Land for Lease Land Size: 2,800sqm Annual Rent: ₦250,000,000 Lease Duration: 3 Years (Subject to Review) Property Highlights Prime Old Ikoyi Location 2,800sqm Development Site Excellent Accessibility Prestigious Neighborhood Suitable for Various Commercial Uses Flexible Lease Review Option Suitable Uses Experience Centre Luxury Showroom Corporate Office Development Event Venue Temporary Commercial Development Brand Activation Hub Other Commercial Projects Lease Terms Lease Duration: 3 Years (Reviewable) Upfront Payment: 2--3 Years Rent Investment Highlights Prestigious Old Ikoyi Address High Visibility and Accessibility Premium Commercial Location Flexible Lease Structure Excellent Business Environment Ideal Tenant This property is ideal for corporate organizations, developers, luxury brands, event companies, and businesses seeking a premium land lease in Old Ikoyi. Annual Rent ₦250,000,000 Location Old Ikoyi, Lagos Land Size 2,800sqm Property Type Land for Lease for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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

Old Ikoyi, Ikoyi, Lagos
C W Real Estate
950 SQM of Land — Old Ikoyi, Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Land for rent

950 SQM of Land

For Lease 950 sqm of land at Old Ikoyi. Usage: church or any use that could constitute noise pollution is not allowed. Term: 5years lease Rent: 120million per annum Video available on request Bee

Old Ikoyi, Ikoyi, Lagos Added today
950 sqm
Flowtouch Properties
1068SQM Vacant Commercial Plot — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Commercial land for rent

1068SQM Vacant Commercial Plot

Commercial land measuring 1068sqm for long lease located within the Mixed-Use Zone, Banana Island Estate, Ikoyi, Lagos. Site details: Square-shaped site, Front Plot, Flood-free site; 1068sqm, etc. Suitability: Erection of temporary structures, Car Show-Room, Gym, Shopping Mall, Construction equipment storage, etc. Term: Minimum of 5 Year Lease. Rent is NGN80,000,000 (EIGHTY million naira ONLY) per annum. All pricing are as at august 19, 2025 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
1068 sqm
First Colony Real Estate Company LTD
950SQM Land — Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Commercial land for rent

950SQM Land

Land for Lease semi 950 sqm of land at old Ikoyi Lagos. Usage: church or any use that could constitute noise pollution is not allowed. Rent: 120million per annum Agency 10% Legal discussable Term 5years Video available x

Ikoyi, Lagos Added yesterday
950 sqm
Wifis and Avaland
2, 900SQM Commercial Land Strategically Located — Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Premium
3
₦535,000,000 /yr

Commercial land for rent

2, 900SQM Commercial Land Strategically Located

Sdirect commercial land for lease -- old ikoyi must GO this week .. Prime 2,900sqm commercial land strategically located and suitable for a wide range of commercial activities... Can be separated as follows For the front land 2000sqm Rent: ₦200,000 per sqm (Slightly Negotiable) For 900sqm backland Rent: ₦150,000 per sqm location: Directly on kingsway road, old ikoyi _Send a DM today for more information, inspection, and lease terms._

Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Leviticus Properties
Premium
₦230,000 /mo

Land for rent

Premium 6600SQM Land

CWL1645 This exceptional 6,600sqm land plot in Old Ikoyi, Lagos presents a rare leasehold investment opportunity in one of the city's most sought-after residential and commercial districts, available at ₦230,000 per square metre on flexible lease terms of 5--10 years with upfront payment. The substantial size and prime Old Ikoyi location make this land for lease ideal for corporate headquarters, residential development, institutional projects, commercial car lots, or recreational facilities---offering versatile development potential in a neighbourhood renowned for its prestige and accessibility. As a significant real estate asset in Old Ikoyi, Lagos, this 6,600sqm plot benefits from established infrastructure, proximity to key business hubs, and strong capital appreciation prospects, making it an attractive proposition for developers and institutional investors seeking long-term leasehold holdings. The transparent lease structure, combined with the property's strategic location and scale, positions this offering as a compelling alternative to land for sale in Old Ikoyi for investors prioritising operational flexibility over outright ownership. Contact us to arrange a comprehensive site visit and discuss customised lease terms for your development or corporate requirements. Property Features: - Corporate use - Residential development or Institutional project- - Car lot - Recreational- park Financial Details: - Price: ₦230,000 - Agency Fee: 10% gross lease value - Legal Fee: 10% gross lease value Old Ikoyi ₦230,000 for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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

Old Ikoyi, Ikoyi, Lagos
C W Real Estate
Premium
₦80,000,000 /yr

Mixed-use land for rent

Land Lease

Ikoyi land lease Fully fenced 1000m2 of empty land on off McPherson Ikoyi. Price : N80m/annum Asking 3years maximum duration.

Mcpherson, Ikoyi, Lagos
1000 sqm
Kotoye and Co. Real Estate Ventures
Prime Commercial 2900SQM Land — Ikoyi, Lagos
Premium
5
₦250,000 /yr

Land for rent

Prime Commercial 2900SQM Land

CWL1610 Prime Commercial 2900sqm Land in Ikoyi An exceptional commercial land opportunity is available for lease in the heart of Ikoyi, Lagos. Measuring 2,900sqm, this strategically located site is ideal for businesses seeking a premium address for high-end commercial operations. With excellent accessibility and generous space, the property is perfectly suited for luxury showrooms, experience centres, event venues, and other commercial developments. Property Details Location: Ikoyi, Lagos Property Type: Commercial Land Land Size: 2,900sqm Lease Rate: ₦250,000 per sqm Minimum Lease Term: 2 Years Property Highlights Prime Commercial Location 2,900sqm Development Site Excellent Accessibility High Visibility Suitable for Various Commercial Uses Suitable Uses Luxury Showroom Experience Centre Event Centre Corporate Office Development Commercial Pavilion Brand Activation Space Other Commercial Developments Investment Highlights Prestigious Ikoyi Address High Commercial Potential Flexible Development Opportunities Excellent Business Environment Prime Location for Premium Brands Ideal Tenant This property is ideal for luxury brands, corporate organizations, event companies, automotive showrooms, lifestyle brands, and businesses seeking a prime commercial location in Ikoyi. Lease Rate ₦250,000 per sqm Location Ikoyi, Lagos Land Size 2,900sqm Property Type Commercial Land For more Information, Pricing and Private Viewings Please Contact: Nadi: 09062511345 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

Ikoyi, Lagos
C W Real Estate
Premium
₦250,000 /yr

Commercial land for rent

2700 SQM Bare Land Along a Major Road

Direct Brief We have bare land of 2,700sqm for lease on Alfred Rewane Road ikoyi 3 years max. N250k/sqm. Asking rent.

Alfred Rewane, Ikoyi, Lagos
Ben Wealth Properties
2, 700 SQM Prime Land — Alfred Rewane Road, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦675,000,000 /yr

Land for rent

2, 700 SQM Prime Land

𝙊𝙑𝙀𝙍 𝙃𝘼𝙇𝙁 𝘼𝘾𝙍𝙀 𝙊𝙁 𝙇𝘼𝙉𝘿 𝙁𝙊𝙍 𝙇𝙀𝘼𝙎𝙀 𝙊𝙉 𝘼𝙇𝙁𝙍𝙀𝘿 𝙍𝙀𝙒𝘼𝙉𝙀 𝙍𝙊𝘼𝘿, 𝙊𝙇𝘿 𝙄𝙆𝙊𝙔𝙄, 𝙇𝘼𝙂𝙊𝙎 - Land Size: 2,700 SQM - Lease Term: Maximum of 3 Years - 𝐴𝑛𝑛𝑢𝑎𝑙 𝑅𝑒𝑛𝑡: ₦250,000 per SQM 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 & 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬: - Prime Alfred Rewane Road location within one of Ikoyi's leading commercial corridors - High concentration of multinational corporations, financial institutions & corporate headquarters - Excellent connectivity to Victoria Island, Falomo, Osborne & the Lagos Mainland - Strong commercial environment with premium offices, hotels, retail & lifestyle destinations - Prestigious Ikoyi address with strong visibility and proximity to major corporate landmarks Control your operational capital with real estate. --- Have a specific property goal? Speak with us to discuss your specific requirements. --- 𝐈𝐌𝐏𝐎𝐑𝐓𝐀𝐍𝐓 𝐍𝐎𝐓𝐄: Only direct clients or principal mandates are welcome. Kindly note that inquiries from third parties will not be responded to. 𝑊𝑖𝑡ℎ 𝐹𝑂𝑅𝑇𝑀𝐼𝐶𝐻𝐴𝑁, 𝑦𝑜𝑢 𝑐𝑜𝑛𝑡𝑟𝑜𝑙 𝑦𝑜𝑢𝑟 𝑐𝑎𝑝𝑖𝑡𝑎𝑙 𝑤𝑖𝑡ℎ 𝑟𝑒𝑎𝑙 𝑒𝑠𝑡𝑎𝑡𝑒

Alfred Rewane Road, Old Ikoyi, Ikoyi, Lagos
2700 sqm
Fortmichan Real Estate Services
A Premium 2700 SQM Land — Alfred Rewane Road, Ikoyi, Lagos
Premium
1
₦675,000,000 /yr

Mixed-use land for rent

A Premium 2700 SQM Land

Exclusively for Direct Clients Only 2,700SQM Bare Land for Lease Location: Alfred Rewane Road, Ikoyi Investment Summary: Land Size: 2,700SQM Asking Rent: ₦250,000/SQM Annual Asking Rent: ₦675,000,000 Maximum Lease Term: 3 Years Property Highlights: - Prime Alfred Rewane Road Location - 2,700SQM of Bare Land - Suitable for Commercial or Strategic Development Use - Maximum Lease Term of 3 Years Viewing: Inspection fee applies Ref:00550 important notice: Only serious and financially capable direct clients are invited to proceed with this opportunity. Inquiries from third parties or intermediaries will not be entertained.

Alfred Rewane Road, Ikoyi, Lagos
2700 Parking
Knight Angels Realties LTD
Direct Brief Land Size 1068 SQM Fenced & Gated — Banana Island, Ikoyi, Lagos
Premium
6
₦95,000,000 /yr

Mixed-use land for rent

Direct Brief Land Size 1068 SQM Fenced & Gated

Direct brief Exclusive Land in a mix zone Estate of Ikoyi, Lagos for rent Land Size 1068 SQM Fenced & Gated Location: Banana Island Estate, Ikoyi mixed-use zone Rent: NGN95M per annum. Let's have your offer Note: perfect for car park or storage, so much more... (temporary structures are allowed based on landowner Approval) Inspection is based on a scheduled appointment

Banana Island, Ikoyi, Lagos
1068 sqm
Berkly Facilities Services Limited
Premium
₦250,000,000 /yr

Land for rent

Prime Commercial 2800SQM Land

CWL1625 Prime Commercial 2800sqm Land in Ikoyi An exceptional 2,800sqm land parcel is available for lease in the prestigious Old Ikoyi, Lagos. Located in one of Lagos' most exclusive neighborhoods, this site offers a prime opportunity for commercial or temporary development projects requiring a premium address. The lease is available for 3 years, with the possibility of review, making it ideal for businesses seeking a strategic location with flexible lease terms. Property Details Location: Old Ikoyi, Lagos Property Type: Land for Lease Land Size: 2,800sqm Annual Rent: ₦250,000,000 Lease Duration: 3 Years (Subject to Review) Property Highlights Prime Old Ikoyi Location 2,800sqm Development Site Excellent Accessibility Prestigious Neighborhood Suitable for Various Commercial Uses Flexible Lease Review Option Suitable Uses Experience Centre Luxury Showroom Corporate Office Development Event Venue Temporary Commercial Development Brand Activation Hub Other Commercial Projects Lease Terms Lease Duration: 3 Years (Reviewable) Upfront Payment: 2--3 Years Rent Investment Highlights Prestigious Old Ikoyi Address High Visibility and Accessibility Premium Commercial Location Flexible Lease Structure Excellent Business Environment Ideal Tenant This property is ideal for corporate organizations, developers, luxury brands, event companies, and businesses seeking a premium land lease in Old Ikoyi. Annual Rent ₦250,000,000 Location Old Ikoyi, Lagos Land Size 2,800sqm Property Type Land for Lease for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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

Old Ikoyi, Ikoyi, Lagos
C W Real Estate
Fenced Cornerpiece Bareland — Kuramo Close, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦100,000,000 /yr

Mixed-use land for rent

Fenced Cornerpiece Bareland

Ikoyi land lease!!! Fully fenced 1000m2 of empty corner-piece Land on Kuramo Close, Ikoyi, Lagos. Price: N100m per annum 3 years maximum duration.

Kuramo Close, Old Ikoyi, Ikoyi, Lagos
1000 sqm
Exousia Shelters
Premium
₦230,000 /mo

Commercial land for rent

6, 600SQM Land

CWL1645 This exceptional 6,600sqm land plot in Old Ikoyi, Lagos presents a rare leasehold investment opportunity in one of the city's most sought-after residential and commercial districts, available at ₦230,000 per square metre on flexible lease terms of 5--10 years with upfront payment. The substantial size and prime Old Ikoyi location make this land for lease ideal for corporate headquarters, residential development, institutional projects, commercial car lots, or recreational facilities-offering versatile development potential in a neighbourhood renowned for its prestige and accessibility. As a significant real estate asset in Old Ikoyi, Lagos, this 6,600sqm plot benefits from established infrastructure, proximity to key business hubs, and strong capital appreciation prospects, making it an attractive proposition for developers and institutional investors seeking long-term leasehold holdings. The transparent lease structure, combined with the property's strategic location and scale, positions this offering as a compelling alternative to land for sale in Old Ikoyi for investors prioritising operational flexibility over outright ownership. Contact us to arrange a comprehensive site visit and discuss customised lease terms for your development or corporate requirements. Property Features: - Corporate use - Residential development or Institutional project- - Car lot - Recreational- park Financial Details: - Price: ₦230,000 - Agency Fee: 10% gross lease value - Legal Fee: 10% gross lease value Old Ikoyi ₦230,000 for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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

Old Ikoyi, Ikoyi, Lagos
C W Real Estate
Premium
₦435,000,000 /yr

Commercial land for rent

2900SQM of Land Available

Available for lease in old ikoyi Land Size For Lease 2,900sqm 150k per sqm/ Annum Location: Off Bourdillon Ikoyi Minimum: 5 Years Lease

Off Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
Rosemond Hills Limited
Premium
₦120,000,000 /yr

Land for rent

950SQM of Land

For Lease ️ 950 sqm of land Location: Reeve Road, Ikoyi. Usage: church or any use that could constitute noise pollution is not allowed. Term: 5years lease Rent: 100million per annum Ref No Sun

Reeve Road, Ikoyi, Lagos
Milebrook Investment Limited
A Fenced and Gated Bareland Measuring 950SQMS — Off Glover Road, Old Ikoyi, Ikoyi, Lagos
Premium
5
₦120,000,000 /yr

Mixed-use land for rent

A Fenced and Gated Bareland Measuring 950SQMS

For Lease Description: A Fenced and Gated Bareland Measuring 950sqms. Note: Church or any Business constituting noise pollution is not allowed. Rent: 120 million naira per annum Term: 5years Lease Land Size: 950sqms Location: Ikoyi, Lagos. For Inspection Bookings, kindly Contact Aruofeg Enterprise: 08074577210 or 08057989376

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
950 sqm
Aruofeg Enterprise
A Land Measuring 2900 SQM — Facing Awolowo, Ikoyi, Lagos
Premium
2
₦435,000,000 /yr

Commercial land for rent

A Land Measuring 2900 SQM

Available for lease in old ikoyi Land Size For Lease 2,900sqm 150k per sqm/ Annum Location: off Bourdilion Ikoyi The Land is Facing Awolowo Road Minimum: 5 Years Lease awdsunvic

Facing Awolowo, Ikoyi, Lagos
2900 sqm
Awodd Properties LTD
950 SQM of Land — Old Ikoyi, Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Land for rent

950 SQM of Land

For Lease 950 sqm of land for lease Location: Old Ikoyi. Usage: church or any use that could constitute noise pollution is not allowed. Term: 5years lease Rent: 120million per annum SlvSS

Old Ikoyi, Ikoyi, Lagos
360 Degree Properties LTD

Showing 1–20 of 67 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of land for rent in Ikoyi, Lagos is ₦120,000,000 per annum.

The price of the most expensive land for rent in Ikoyi, Lagos is ₦1,500,000,000 per annum.

The price of the cheapest land for rent in Ikoyi, Lagos is ₦230,000 per annum.

There are 67 available land for rent in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.