Nigeria Property Centre

Unfurnished Land for Rent in Ikoyi, Lagos

There are 66 land for rent in Ikoyi as of 7 Sep 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
₦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
1,068 SQM of Fenced & Gated Land — Banana Island, Ikoyi, Lagos
Premium
4
₦80,000,000 /yr

Land for rent

1,068 SQM of Fenced & Gated Land

*prime land deals -- SlvOlabanan For Rent -- Exclusive Plot in Banana Island, Ikoyi 1068 SQM Fenced & Gated _Secure a prime piece of Banana Island in a mixed-use zone -- perfect for car park or storage, with approval for temporary structures._ Rent: NGN80M per annum Agency 10% Legal 10% Located in a top-tier, secure estate! Banana Island Ikoyi Lagos

Banana Island, Ikoyi, Lagos
360 Degree 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
2, 900SQM Commercial Land Strategically Located — Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Premium
3
₦170,000

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: ₦170,000 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
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
Land at 950 SQM — Ikoyi, Lagos
Premium
2
₦120,000,000 /yr

Land for rent

Land at 950 SQM

Semi Direct Brief For Lease 950 sqm of land at Reeve Road, Ikoyi. Usage: church or any use that could constitute noise pollution is not allowed. Term: 5years lease Rent: 120million per annum

Ikoyi, Lagos
Omidan Limited
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
₦250,000,000 /yr

Land for rent

Prime Land Measuring 2, 800SQM

Prime Land Measuring 2,800sqm in Old Ikoyi, Ikoyi, Lagos This is an excellent opportunity to secure a substantial 2,800 sqm parcel of land in the prestigious and highly sought-after Old Ikoyi. Strategically located on Old Ikoyi, this sizeable landholding offers an attractive option for businesses, investors, and developers seeking a prime location within one of Lagos' most established and exclusive neighbourhoods. The proposed lease duration is 3 years, with the possibility of reviewing the lease period depending on the requirements and agreement between the landlord and prospective tenant. The landlord requires 2--3 years' rent to be paid upfront, providing an opportunity for a tenant to secure a sizeable land parcel within Old Ikoyi for a defined period. Features Prime location Substantial 2,800 sqm land area Strategic position Attractive for suitable commercial or development purposes Flexible lease duration subject to agreement 2--3 years' upfront payment structure Located within a prestigious and highly accessible neighbourhood Duration: 3 Years. (Note: The Years Of Lease Can Be Reviewed) But 2-3 Years Upfront Payment Rent. Price: N250,000,000 Per Annum Image code: CPP LD442 To schedule a viewing, send a dm or call +234 813 868 2907 or +234 911 064 9112

Old Ikoyi, Ikoyi, Lagos
2800 sqm
Casa Prime Realty
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
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
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
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
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
Premium
₦120,000,000 /yr

Land for rent

1, 400 SQM Expanse of Land

Land in old ikoyi available for long lease SlvKel a well appointed parcel of land off Glover Road Old Ikoyi is available for long lease upto 5-10years under the following terms and conditions: 1. Upto 1400sqm in a rectangular shape is to be carved out from an acre of land 2. The lease will be 5-10 years certain 3. The price is N120million per year and payment for 5years in advance is required 4. Agency 10% and Legal 10% 5. The use is to be discussed and agreed by the owner

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
360 Degree Properties LTD
Prime Land for Commercial Use in Secured Area — Off Glover Road, Old Ikoyi, Ikoyi, Lagos
Premium
9
₦130,000,000 /yr

Commercial land for rent

Prime Land for Commercial Use in Secured Area

For long lease in ikoyi: A 1,300m² parcel of land off Glover Road @ #130m/a asking .Terms : 5 years lease PS: No permanent structures are allowed.

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
1300 sqm
Divention Properties Limited
1000SQM of Land — Off Adeyemi Lawson, Ikoyi, Lagos
Premium
1
₦100,000,000 /yr

Mixed-use land for rent

1000SQM of Land

Ikoyi land lease!!! Fully fenced 1000m2 of empty corner-piece Land in old Ikoyi, Lagos. Off Mekunwen, ikoyi. Price: N100m per annum 3yrs lease

Off Adeyemi Lawson, Ikoyi, Lagos
Exousia Shelters
950 SQM Prime Land — Off Glover Road, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Land for rent

950 SQM Prime Land

Approx. 1 and half plots of land for lease off Glover Road, Old Ikoyi, Lagos. Land Size: 950 sqm Worship centres or any activity that may generate noise pollution are not permitted. Minimum lease term: 5 years Annual Rent: ₦120 Million Property Features & Advantages: - Located in a prime Old Ikoyi enclave - Secure, private low-density environment - Strategic access to Lekki-Ikoyi Link Bridge, Victoria Island, and Osborne Foreshore commercial corridor - Strong infrastructure base including paved roads, drainage systems, and reliable utility backbone for redevelopment projects 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.

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
950 sqm
Fortmichan Real Estate Services
Commercial Land Measuring 1, 300SQM — Reeve Road, Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Commercial land for rent

Commercial Land Measuring 1, 300SQM

Hot land for lease Fenced land measuring approximately 1300sqm on reeve road ikoyi, Lease terms: 10 years Initial payment: 5 years Legal and Agency 10% each

Reeve Road, Ikoyi, Lagos
1300 sqm
Walere Properties Link Enterprise
Premium Land in a Secured Estate — Banana Island, Ikoyi, Lagos
Premium
2
₦80,000,000 /yr

Mixed-use land for rent

Premium Land in a Secured Estate

For rent in ikoyi mix-use Land for Lease in Ikoyi An exclusive plot measuring 1,068 SQM, located in a high-end, estate in Ikoyi, Lagos. Location: Banana Island ikoyi (MIX- used ZONE) Land Size: 1,068 SQM Status: Fenced & Gated Zoning: Mixed-Use of Banana Island Rent: ₦80M per annum Ideal For: Commercial or Residential Uses Call/WhatsApp -- 07068076609

Banana Island, Ikoyi, Lagos
1068 sqm
Deherculean Enterprises

Showing 1–20 of 66 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 furnished land for rent in Ikoyi, Lagos is ₦120,000,000 per annum.

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

The price of the cheapest furnished land for rent in Ikoyi, Lagos is ₦100,000 per annum.

There are 66 available furnished land for rent in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.