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THIS OPPORTUNITY IS RESERVED EXCLUSIVELY FOR DIRECT CLIENTS ONLY.
FOR SALE -- LEKKI PHASE 1
A rare investment opportunity in one of Lagos' most established residential districts. This well-built block of 8 luxury 3-bedroom apartments sits on approximately 1,400sqm in Lekki Phase 1 and is currently occupied by a single corporate tenant, delivering stable dollar-denominated rental income.
Financial Summary
Location: Lekki Phase 1, Lagos
Asking Price: ₦3.75 Billion
Land Size: Approx. 1,400sqm
Tenancy: Single corporate tenant (lease valid till end of the year)
Investment Profile: Income-producing asset with corporate occupancy
Property Highlights
- Block of 8 luxury 3-bedroom apartments
- Purpose-built for corporate residential use
- 49 air conditioning units (2HP & 1.5HP) installed across the property
- Kelvinator 10kg washing machine and dryer in all apartments
- Samsung side-by-side refrigerators
- Microwave ovens in all units
- 6-burner gas cookers with ovens in each apartment
- Water heaters installed in all rooms
- Centralized satellite TV dish system
- CCTV surveillance system across the property
- Video access control system
- 100kVA standby generator
- Dedicated 200kVA transformer
- Reverse osmosis water treatment plant
Estate Features
- Located within Lekki Phase 1, one of Lagos' most desirable residential corridors
- Strong corporate tenant appeal
- Secure and well-developed neighborhood
- Excellent long-term capital appreciation potential
- Designed for low operational exposure and stable rental income
Viewing & Notice
Inspection can be arranged strictly by prior appointment for financially prepared buyers.
Ref:000016
IMPORTANT NOTICE
This opportunity is strictly for direct clients only.
Agents, intermediaries, and unsolicited brokerage inquiries will not be entertained.
Only serious, financially prepared buyers should make inquiries.
| Property Ref: 3375449 | Added On: 06 Mar 2026 | Last Updated: 06 Mar 2026 |
| Market Status: Available | Type: Block of Flats | Total Area: 1,400 sqm |
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
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.
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.
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.
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.
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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