For Sale: Luxury 5 Bedroom Penthouse (atop) A 7 Storey Boutique Development, Lugard Road, Ikoyi, Lagos | 5 Beds, 6 Baths (Ref: 3076506)

Luxury 5 Bedroom Penthouse (atop) A 7 Storey Boutique Development

  • Luxury 5 Bedroom Penthouse (atop) a 7 Storey Boutique Development, Lugard Road, Ikoyi, Lagos, House for Sale
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Property Description

Luxury 5‑Bedroom Penthouse (Atop) a 7‑Storey Boutique DevelopmentIkoyi Penthouse
Lugard (off Kingsway Road), Ikoyi

Quick Overview

- Property: Luxury 5‑bedroom penthouse (top unit) in a 7‑storey boutique development
- Location: Lugard, off Kingsway Road, Ikoyi, Lagos --- prime residential address
- Status: 97% complete (near‑completion) --- ready for final fit‑out and handover shortly
- Title: Certificate of Occupancy (C of O)
- Asking Price: ₦3,000,000,000 (Discounted price)
- Sale type: Prime owner‑occupier or trophy investment opportunity in Ikoyi

Property Summary
An exceptional opportunity to own a near‑completed luxury 5‑bedroom penthouse in one of Ikoyi's most prestigious pockets. Situated on the top of a seven‑storey block on Lugard (off Kingsway Road), this penthouse delivers expansive living spaces, high ceilings, generous terraces and enviable privacy with premium specification throughout. With C of O title and the development 97% complete, the property offers a quick path to possession for buyers seeking a distinctive Ikoyi residence or a high-end investment.

Accommodation & Layout (high‑level)

- 5 well‑appointed bedrooms including a spacious master suite (all bedrooms en‑suite --- confirm)
- Large formal living and dining areas designed for formal entertaining and family living
- Private terraces / balconies with panoramic neighbourhood views (exact terrace sizes to be confirmed)
- Fully fitted or provisioned kitchen (kitchen specification to be confirmed) and pantry/service areas
- Dedicated service / staff accommodation (BQ) where applicable (confirm)
- Private parking bays allocated to the penthouse within secure basement or compound parking
- Internal lift access to penthouse level (typical for penthouse units --- to be confirmed)

Key Features & Finishes
- High‑end finishings and fixtures consistent with luxury penthouse specification
- Generous ceiling heights and premium flooring finishes
- Contemporary sanitary ware and designer fittings in bathrooms
- Security‑controlled entrance, CCTV and concierge/housekeeping facilitation potential
- Backup power provision (generator / hybrid system) and water storage (subject to confirmation)
- Provision for smart home integration and bespoke interior fit‑out

Neighbourhood & Connectivity

- Prime Ikoyi location with immediate access to Victoria Island, Awolowo Road and central business districts
- Close proximity to top schools, embassies, high‑end retail, dining and leisure facilities
- Convenient access to major arterial routes and short drive to the Marina and business hubs

Status, Title & Handover

- Construction status: 97% complete --- final finishes and snagging works pending
- Title: Certificate of Occupancy (C of O) --- certified documents available for verification
- Handover: Immediate once final completion works and snagging are finalised; buyer to confirm exact handover timeline with developer/vendor

Due Diligence & Recommended Checks

- Request full set of title documents (C of O) and construction completion certificates
- Inspect the property on site to confirm finishes, terrace areas and service provision
- Obtain list of inclusions (kitchen appliances, built‑in wardrobes, HVAC, security systems) and as‑built drawings
- Confirm allocated parking bays and any service/maintenance charges levied by the building HOA
- Engage solicitor to verify chain of title and to manage transfer process

Price & Transaction Terms

- Asking price: ₦3,000,000,000 (Discounted) --- serious offers from qualified purchasers will be considered
- Viewings: Strictly by appointment for pre‑qualified buyers; proof of funds required to schedule inspection
- Transaction: Deposit to secure, followed by sale agreement and completion per agreed schedule; vendor to provide relevant documentation
on request.

Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.

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Ref: Daka


Property Details

Property Ref: 3076506Added On: 05 Sep 2025Last Updated: 05 Sep 2025
Market Status: AvailableType: HouseBedrooms: 5
Bathrooms: 6Toilets: 6Parking Spaces: 5

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 sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.

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 record of academic success.

Read the full area guide for Ikoyi, Lagos.

Interested in this property?

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