Prime Redevelopment Property
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Property Description
FOR SALE: PRIME REDEVELOPMENT PROPERTY IN OSBORNE PHASE 1 ESTATE, IKOYI
Osborne Phase 1 Estate, Ikoyi, Lagos
A rare opportunity to acquire a prime redevelopment property in one of Lagos' most secure and highly sought-after residential estates.
Land Size: 1,000sqm
Demolishable Structure on Site
Title: Federal Certificate of Occupancy (Fed C of O)
Location: Osborne Phase 1 Estate, Ikoyi
Price: ₦2.8 Million per sqm (Net)
Total Asking Price: ₦2.8 Billion (Net)
Property Highlights
Located Within the Prestigious Osborne Phase 1 Estate
Prime Redevelopment Opportunity
Secure, Gated, and Well-Managed Environment
Excellent Road Network and Infrastructure
Surrounded by Premium Residential Developments
Strong Capital Appreciation Potential
️ Ideal For:
Luxury Detached Mansion
High-End Residential Apartments
️ Duplex Development Project
Premium Investment Property
Strategic Land Banking Opportunity
Osborne Phase 1 Estate remains one of Ikoyi's most desirable residential addresses, attracting discerning homeowners, developers, and investors seeking security, exclusivity, and long-term value.
This is a fantastic opportunity to acquire a redevelopment site in a blue-chip location at a highly competitive price point.
For Inspection & Enquiries:
08141169442
07076956001
07080173094
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Property Details
| Property Ref: 3539273 | Added On: 23 Jun 2026 | Last Updated: 23 Jun 2026 |
| Market Status: Available | Type: Land | Total Area: 1,000 sqm |
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.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Demilade D Agagu Consulting. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Marketed by
(nuj Building)3/5 Adeyemo Alakija Victoria Island Lagos, Lagos State, Nigeria
0814 XXXX Show Phone
08141169442
Registered 6 years ago
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