Newly Built Apartment Building
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Property Description
Newly Built Apartment Building For Sale in Lekki Phase 1, Lagos
Off Providence Road 10 Flats (2-Bedroom En-Suite + 2 Penthouses) 1,000 SQM C of O & Governor's Consent ₦2.3 Billion
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Property Overview
- Location: Off Providence Road, Lekki Phase 1, Lagos
- Land Size: 1,000 SQM
- Title: Certificate of Occupancy (C of O) with Governor's Consent
- Building: Newly constructed 10 units of 2-bedroom en-suite flats, including 2 penthouses
- Asking Price: ₦2.3 Billion
- Price per SQM: ₦2.3 Million
- Status: New, ready for immediate occupancy or operation
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Building Features
- Total Units: 10 (8 standard 2-bedroom flats + 2 penthouses)
- Utilities: Separate meters and independent water tanks per flat
- Structural Integrity: Built on 90 piles, foundation extends 15 metres underground
- Condition: New construction, modern finishes, move-in ready
- Layout: En-suite bedrooms, spacious living areas, quality fittings
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Key Highlights
- Premium Lekki Phase 1 Location -- Off Providence Road, one of the area's most serene and prestigious streets
- Strong Title Documentation -- Full C of O with Governor's Consent ensures legal security
- Engineered for Durability -- 90 piles and deep foundation guarantee structural stability
- Independent Utilities -- Each flat has separate meters and water tanks for easy management and billing
- Flexible Usage -- Ideal as residential investment, boutique hotel, corporate lodging, school, or training centre
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Potential Uses
- Boutique Hotel or Serviced Apartments
- Corporate Housing / Executive Lets
- Private School or Training Institute
- Co-Living or Student Housing
- Multi-Family Residential Investment
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Location Benefits
- Lekki Phase 1 Prestige -- Secure, green, and exclusive neighbourhood
- Accessibility -- Close to Admiralty Way, Ikoyi, and Victoria Island
- Quiet & Secure -- Off main road, offering privacy and reduced noise
- High Demand Area -- Strong rental and occupancy rates from professionals and expatriates
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Investment Value
- Asking Price: ₦2.3 Billion
- Price per SQM: ₦2.3 Million
- Rental Income Potential: High, given unit quality and location
- Low Maintenance: New build reduces immediate refurbishment costs
- Multi-Purpose Asset -- Can be operated or sold as going concern
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Direct Sale Opportunity
This newly built, well-structured apartment building offers a turnkey investment in one of Lagos' most desirable neighbourhoods. Suitable for investors, hotel operators, educational institutions, or portfolio buyers seeking a premium, income-generating asset.
Ideal For:
- Real Estate Investors
- Hotel & Hospitality Operators
- Educational Institutions
- Corporate Real Estate Portfolios
- High-Net-Worth Individuals
Contact For:
- Property Tour & Unit Inspection
- Title Document Review
- Financial & Operational Projections
- Purchase Negotiation
A rare, newly built multi-unit property in Lekki Phase 1 --- engineered for stability, designed for flexibility, and ready for immediate use.
Property Details
| Property Ref: 3304999 | Added On: 21 Jan 2026 | Last Updated: 21 Jan 2026 |
| Market Status: Available | Type: Block of Flats |
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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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 5 months ago
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