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Title:Prime Ikoyi Development Site ---
2,014 m² off Alexandra Road (Old Ikoyi)
Lagos State C of O ₦3,000,000 / m²
**FULL VIDEO AVAILABLE**
HeadlineHigh‑value Ikoyi landholding with uncompleted structure --- 2,014 m² off Alexandra Road. Secure Lagos State C of O. Ideal for luxury residential redevelopment or high‑end mixed‑use. Asking price: ₦6,042,000,000.
Key facts
- Location: Off Alexandra Road, Old Ikoyi, Lagos
- Site area: 2,014 m²
- Title: Lagos State Certificate of Occupancy (C of O) --- transferable; documentation available on request
- Existing condition: Uncompleted structure on site (suitable for refurbishment or demolition)
- Asking land rate: ₦3,000,000 per m² Total asking price ≈ ₦6,042,000,000
- Availability: Immediate --- viewings by appointment
Short description (portal summary)Rare, sizeable development parcel in central Old Ikoyi with Lagos State C of O and an uncompleted structure. The 2,014 m² corner/near‑corner site offers outstanding flexibility for an owner‑occupier mansion, boutique apartments, or a high‑end mixed‑use project in one of Lagos's most sought‑after neighbourhoods.
Detailed description & development potentialThis strategic Old Ikoyi landholding presents an excellent opportunity for developers, investors or high‑net‑worth buyers seeking a flagship address. The existing uncompleted structure provides optionality --- save time and cost by completing and adapting the building, or demolish and execute a fresh design to maximise FAR and GDV (subject to planning). The site's size supports a standalone high‑value residential compound, a boutique apartment development, or a mixed‑use scheme with premium amenities.
Suggested uses
- Luxury detached or semi‑detached residences / mansions
- Boutique low‑rise apartments or serviced apartments targeting HNWIs and expatriates
- Small gated estate or private compound (single‑owner or JV)
- Institutional / diplomatic use subject to approvals
Site & specification highlights
- Generous 2,014 m² land area offering design flexibility and private amenity space
- Existing uncompleted structure --- condition and scope available on request (can be refurbished or removed)
- Prime Old Ikoyi micro‑location close to Victoria Island, embassies, premium retail and lifestyle amenities
- Good road access and prominent residential catchment
Title & legal
- Lagos State C of O --- certified title documents available for qualified buyers.
- Buyer to confirm chain of title, outstanding levies and any encumbrances during legal due diligence.
Investment highlights
- Scarcity value: sizable development plots in Old Ikoyi are rarely offered to market.
- C of O title enhances banking/finance prospects and transactional certainty.
- High demand for luxury residential product in Ikoyi supports attractive GDV and rental yields.
- Existing uncompleted structure can reduce lead time if suitable for conversion.
Price & transactional notes
- Asking price: ₦3,000,000 / m² Total ≈ ₦6,042,000,000.
- Seller open to credible offers from pre‑qualified buyers; bulk purchase and JV proposals will be considered subject to evidence of capacity and acceptable commercial terms.
Viewings & contact
- Viewings strictly by appointment and accompanied by the mandate. Please provide proof of funds or a corporate introduction for scheduling.
- To request the full information pack, site photos and structural notes or to arrange a private inspection, contact:[Agent / Mandate name]Phone: [insert phone]Email: [insert email]
Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES*
Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES*
Ref: Daka
Property Ref: 3054767 | Added On: 25 Aug 2025 | Last Updated: 26 Aug 2025 |
Market Status: Available | Type: Land | Total Area: 2,014 sqm |
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?
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.
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.
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.
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.
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.
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