3,240 Sqm Total Directly On Coastal Road
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Property Description
Prime Coastal Land For Sale on Coastal Road, Lagos
5 Plots (3,240 SQM Total) C of O Title ₦150M per Plot Total: ₦750 Million ≈ ₦234,375 per SQM
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Property Overview
- Location: Directly on Coastal Road, Lagos.
- Total Land Area: 3,240 SQM.
- Plot Breakdown: 5 plots available, each approximately 640 SQM (can be sold individually).
- Title: Certificate of Occupancy (C of O).
- Price per Plot: ₦150,000,000.
- Total Asking Price: ₦750,000,000 (for all 5 plots).
- Price per SQM: ≈ ₦234,375.
- Status: Prime bare land with direct coastal road frontage.
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Key Highlights
- Direct Coastal Road Frontage: Offers exceptional visibility, easy accessibility, and high investment potential for both residential and commercial projects.
- Flexible Purchase Options: Available as individual plots (640 SQM each) or as a bulk acquisition of all 5 plots (3,240 SQM), catering to different investor needs.
- Strong C of O Title: Provides clear ownership security and facilitates smooth transactions and future financing.
- High-Visibility Corridor: Positioned on a major Lagos thoroughfare, ideal for developments seeking brand exposure.
- Development-Ready: Clear title and direct road access make this land ready for immediate construction.
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️ Development Potential
- Per Plot (640 SQM):
- Luxury Detached Villa
- Duplex with BQ
- Boutique Commercial Outlet (Showroom, Office)
- Bulk Purchase (3,240 SQM):
- Gated Residential Estate
- Mixed-Use Commercial Complex
- Hotel or Serviced Apartments
- Shopping Plaza or Retail Hub
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Market Context
The asking price of ₦150M per plot (≈ ₦234,375 per SQM) is positioned competitively for coastal road land with C of O title, offering significant upside potential as the Coastal Road corridor continues to develop.
Ideal For:
- Individual home builders
- Real estate developers
- Commercial investors
- Land banking strategists
Property Details
| Property Ref: 3510025 | Added On: 03 Jun 2026 | Last Updated: 03 Jun 2026 |
| Market Status: Available | Type: Commercial Land | Total Area: 3,240 sqm |
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos.
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