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Block of flats for sale

Ultra Luxury Residential Tower on Offer

Old Ikoyi, Ikoyi, Lagos
$20,000,000 ₦27,370,791,100
#355-499-2 3 Jul Added today
152 Bedrooms
152 Bathrooms
190 Toilets
4,000 m² Plot size
Block of Property type

About this property

*Exceptional Investment Opportunity: Property: Ultra-Luxury Residential Tower Old Ikoyi, Lagos* Price: $20,000,000 Usd Specifications: 38 x 4-Bedroom Apartments + BQ Height: 12 Floors Size: 4,000sqm Title: Governor's Consent* Own a Landmark in Lagos' Most Exclusive Enclave Presenting a completed-to-sell luxury apartment complex in Old Ikoyi --- the undisputed pinnacle of residential prestige in Lagos and West Africa. This is not just real estate. It is a cash-flowing, brand-defining asset on 4,000sqm of prime land, with Governor's Consent title and 38 ultra-spacious 4-bedroom units, each with dedicated BQ and 3 parking spaces. Built to international standards, this development delivers instant rental yield, capital appreciation, and legacy value in a market with perpetual undersupply of true luxury housing. Investment & Configuration Overview: 1. Location: Old Ikoyi --- The Address of Distinction - Old Ikoyi, Lagos: Home to embassies, CEOs, diplomats, and Nigeria's most established wealth. Zero tolerance for compromise - Accessibility: 5 minutes to Marina/CBD, 10 minutes to Victoria Island, direct link to 3rd Mainland Bridge and Lekki corridor - Ecosystem: Surrounded by private schools, polo clubs, waterfront, 5-star hotels, and corporate HQs. Demand for 4-bed Ikoyi units exceeds supply year-round - Scarcity: 4,000sqm contiguous land with approval for 12 floors in Old Ikoyi is virtually irreplaceable in 2026 2. Development Specs & Configuration - Land Size: 4,000 Square Meters --- generous setbacks, landscaping, and exclusivity - Height: 12 Floors of architectural excellence with Atlantic/City skyline views - Unit Mix: 38 Units of 4-Bedroom Luxury Apartments - All bedrooms ensuite with premium fittings - Dedicated Boys' Quarters BQ for staff/utility - 3 Car Parks per unit --- 114 parking spaces total. A rare luxury in Lagos - Layout: Designed for privacy, natural light, cross-ventilation, and modern living. Built for the discerning resident 3. World-Class Facilities & Infrastructure Every detail engineered for comfort, security, and self-sufficiency: - Wellness: Infinity swimming pool + Fully equipped gym - Vertical Mobility: High-speed passenger elevators + dedicated service lifts - Power: 24-hour dedicated power supply + backup. Uninterrupted living - Water & Waste: Industrial water treatment plant + Sewage treatment plant --- true independence - Security: 24-hour security + CCTV surveillance + controlled access + Fire safety systems throughout - Parking: Ample parking --- 3 bays per unit + visitor parking 4. Title & Transaction Security - Title: Governor's Consent --- registered, bankable Lagos State title. Clean chain, due diligence ready - Use Case: Immediate sales to uhnw buyers, premium rental portfolio, or institutional hold. Ikoyi 4-bed units rent/sell at top quartile pricing in Nigeria Pricing & Value Proposition: $20,000,000 Usd _Pricing reflects 38 units x 4-bed + BQ, 12 floors, 4,000sqm Old Ikoyi land, and full infrastructure. At ∼$526k per unit land + build cost, this is priced below replacement cost for Old Ikoyi luxury. Capital appreciation + rental yield make this a compelling hold._ Investor Highlights: 1. Immediate Yield: Old Ikoyi 4-bed + BQ units command premium rents from expats, CEOs, and diplomats. Occupancy >95% 2. Capital Appreciation: Old Ikoyi land appreciates at premium rates. New supply is functionally zero 3. Trophy Asset: A development of this scale in Old Ikoyi is a generational statement. Brand value alone attracts global attention Due Diligence & Inspection: Full architectural, structural, and title documents available at Lagos Land Registry. Private inspection available for qualified investors and authorized representatives only. Proof of funds required before site visit and data room access. _Exclusive mandate. Discreet, professional handling for serious investors, funds, and developers only. International buyers welcome._ #daka

Features and amenities

Interior & Finishing

Fitted kitchen Air conditioning POP ceiling Built-in wardrobes En-suite bedrooms Tiled floors Water heater Guest toilet

Power & Utilities

24/7 power supply Treated water

Security & Safety

Security gate Perimeter fencing Electric fence Burglar proof CCTV surveillance Security / gateman Intercom Fire safety

Outdoor & Communal

Swimming pool Car park Balcony Outdoor lighting Elevator Gym

Property details

Reference ID #355-499-2
Listed by The Build Centre Properties
Property type Block of Flats
Listing status Block of flats for sale
Bedrooms 152
Bathrooms 152
Toilets 190
Plot size 4,000 m²

Area guide — Ikoyi

Lagos

Interesting Facts

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?

Leisure and Shopping

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

Popular Estates

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Day Life

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sop...

Night Life

Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.

Schools

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track rec...

Read the full area guide for Ikoyi, Lagos

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The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by The Build Centre Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.