For Sale: 17 Hectares Dual Expressway & Coastal Road Frontage Jakande, Lekki, Jakande, Lekki-ajah Corridor, Jakande, Lekki, Lagos (Ref: 3365777)

17 Hectares Dual Expressway & Coastal Road Frontage Jakande, Lekki

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Property Description

BULK LAND INVESTMENT -- JAKANDE, LEKKI CORRIDOR
17 Hectares Dual Expressway & Coastal Road Frontage Government Setback
₦5 Billion per Hectare ₦500,000 per SQM Price Increasing Soon

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Property Overview

- Location: Jakande, Lekki-Ajah corridor, Lagos -- strategically positioned facing both the Lekki-Epe Expressway and the Coastal Road, with government-standard setbacks.
- Total Land Size: 17 Hectares (170,000 SQM).
- Sale Structure: Available per hectare (10,000 SQM units).
- Price per Hectare: ₦5,000,000,000.
- Price per SQM: ₦500,000.
- Access: Excellent connectivity to Victoria Island, Lekki Phase 1, and emerging Lekki Free Zone developments.
- Status: Prime bulk land with dual road frontage -- rare and highly valuable.

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Key Highlights

- Dual Expressway & Coastal Road Frontage: Facing both major arteries -- a rare configuration that maximizes visibility, access, and development value. Government-standard setbacks already observed.
- Strategic Location: Jakande sits at the heart of Lekki's growth corridor, with seamless access to Victoria Island, Lekki Phase 1, Chevron, and the Lekki Free Zone.
- Bulk Purchase Advantage: Acquire from 1 hectare upward -- ideal for phased development, land banking, or large-scale projects.
- Urgent Pricing Window: At ₦500,000/SQM, this is attractively priced for bulk land with dual frontage. Price increase imminent -- early entry recommended.
- Infrastructure-Linked: Proximity to the Coastal Road project and Lekki-Epe Expressway ensures long-term appreciation and connectivity.

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️ Development Potential

Per hectare (10,000 SQM) and across the full 17 hectares, suitable for:

- Gated Residential Estate: Phased development of luxury homes, terraces, and apartments.
- Mixed-Use Township: Retail, commercial, and residential integration.
- Logistics & Industrial Park: Leveraging expressway access.
- Educational Institution: Campus development with road frontage.
- Healthcare City: Hospital, clinics, and medical facilities.
- Entertainment Hub: Cinema, retail, food court, and recreational spaces.

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Market Context

Metric Value
Price per Hectare ₦5,000,000,000
Price per SQM ₦500,000
Total Site (17 Hectares) ₦85,000,000,000
Market Range (Jakande Corridor) ₦450,000--₦650,000/SQM
Frontage Premium Dual expressway + coastal road

- Per SQM Benchmark: At ₦500,000/SQM, this is competitively positioned within the Jakande--Lekki corridor, where bulk land with good title and road frontage ranges from ₦450,000--₦650,000/SQM.
- Dual Frontage Value: Facing both the Lekki-Epe Expressway and Coastal Road adds significant premium -- rarely available in a single parcel.
- Appreciation Trajectory: With ongoing Coastal Road construction and Lekki Free Zone expansion, this corridor is poised for substantial value growth.

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Urgency Note

Price will increase soon. Current pricing represents an entry window for smart investors and developers. Key in now to secure at ₦500,000/SQM before revision.

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Ideal For: Large-scale developers, investment consortia, institutional buyers, land banking funds, and strategic investors seeking prime Lekki corridor exposure with dual road frontage.

A rare 17-hectare offering with dual expressway and coastal road frontage -- buy per hectare or bulk. Price increasing shortly.


Property Details

Property Ref: 3365777Added On: 01 Mar 2026Last Updated: 01 Mar 2026
Market Status: AvailableType: Commercial Land   

Interesting Facts

The popular Jakande neighborhood was named after Alhaji Lateef Jakande, Lagos State's first civilian governor. Why? This is due to the fact that Alhaji is remembered for presiding over an administration that initiated massive development strides in Lagos State.

Leisure and Shopping

In Jakande, you can find a variety of markets and stores that will provide you with enjoyable shopping experiences. For open-air shopping, go to the popular Jakande Art Market, and for indoor shopping, go to Blenco Supermarket.

Popular Estates

Jakande is a residential area in Lagos State, so there are bound to be estates that suit your preferences and budget. Cadogan Place Estate and Femi Okunnu Housing Estate Phase 1 are both excellent options.

Day Life

Jakande offers restaurants and spas to make your day more enjoyable. For delicious meals, go to Chicken Republic, Domino's Pizza, Bukka Hut, KFC, and Cedars Grill, and for self-care, go to Deezmundu Traditional Beauty Spa.

Night Life

There are not a lot of places to experience nightlife in Jakande however you can still have a good time at the few bars and lounges around. 3.0 Lounge, Princess Bar and Iya Alaje Bar are great examples.

Schools

Schools in Jakande are focused and dedicated to producing well-rounded students who will be well equipped for continuous learning in the future. Schools like RubyGold British School, Anthos House, Spotlight Academy, JITY Pre School and Royal Treasures Junior School have conducive environments and dedicated teachers.

Read the full area guide for Jakande, Lekki, Lagos.

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