Mixed-use land for sale
Land for sale
50 Hectares Waterfront Plots
About this property
A rare opportunity to secure premium waterfront land within one of Lekki's emerging luxury waterfront development corridors. Located at Long Island, in the neighbourhood of Orange Island, Lekki Foreshore and Periwinkle, just off Freedom Way, Lekki Phase 1, this expansive waterfront development presents an exceptional opportunity for investors, developers and visionary buyers looking to acquire land at an early stage of development. The property consists of approximately 50 hectares of waterfront land currently undergoing reclamation from the Lagos Lagoon, creating a unique opportunity to participate in a major waterfront land acquisition before the development reaches a more mature stage. With increasing demand for premium waterfront communities across Lekki, this offering is positioned for buyers seeking long-term property opportunities within a prestigious residential and investment environment. Property Details Location: Long Island, Off Freedom Way, Lekki Phase 1, Lagos Neighbourhood: Orange Island, Lekki Foreshore & Periwinkle Axis Property Type: Waterfront Land Total Land Available: 50 Hectares Land Status: Currently Undergoing Reclamation Price: ₦350,000 per SQM Plot Sizes Available: 600 SQM 800 SQM 1,000 SQM Transaction: Sale Zahari View Long Island represents an exciting waterfront investment opportunity within the Lekki Phase 1 corridor. The development is strategically positioned within the growing luxury waterfront neighbourhood surrounding Orange Island, Lekki Foreshore and Periwinkle, making it particularly attractive to buyers who understand the long-term value of acquiring land within emerging premium communities. Rather than purchasing completed waterfront property at significantly higher market values, this opportunity allows qualified buyers to secure waterfront land while the reclamation process is still underway. For investors with a long-term outlook, early-stage waterfront developments often attract attention because of their future residential, lifestyle and development potential, although every buyer should independently assess the project's documentation, approvals, reclamation progress and contractual obligations before proceeding. Why This Property Deserves Attention Prime waterfront location in Lekki Phase 1 Located off Freedom Way Within the Orange Island, Lekki Foreshore and Periwinkle neighbourhood Approximately 50 hectares available Waterfront land undergoing reclamation Flexible plot sizes of 600, 800 and 1,000 SQM Attractive entry opportunity at ₦350,000 per SQM Suitable for investors and developers Premium luxury waterfront environment Direct instruction from the property owners as stated by the vendor Price increase expected as stated by the vendor Waterfront Investment Opportunity Waterfront land continues to attract significant interest from investors because of its limited nature and lifestyle appeal. Long Island provides buyers with an opportunity to participate in a developing waterfront environment positioned close to established luxury communities within Lekki. The property's proximity to premium neighbourhoods including Orange Island, Lekki Foreshore and Periwinkle enhances its strategic relevance for buyers seeking future residential or investment opportunities. Available plot sizes provide flexibility for different acquisition strategies, whether purchasing for a private luxury residence, future development or long-term land banking. Buyers interested in multiple plots may also discuss acquisition opportunities directly with the vendor, subject to availability and agreed terms. Plot Options 600 SQM Plot Suitable for buyers planning a premium residential development while maintaining manageable land acquisition requirements. 800 SQM Plot Provides additional space for buyers seeking a larger residential footprint within the waterfront development. 1,000 SQM Plot An excellent option for buyers intending to develop a substantial luxury residence or hold a larger waterfront land asset for future investment purposes. All development plans remain subject to applicable planning approvals and statutory regulations. Documentation The property is offered with the following documentation status as supplied by the vendor: Niwa Approval Certificate of Occupancy (C of O) --- In Process Prospective buyers should independently verify the documentation, approval status, reclamation permissions, ownership structure, survey information and every contractual document through qualified legal and property professionals before making payment. Investor Note This property is particularly suited to buyers with a long-term investment perspective. Since the land is currently undergoing reclamation, purchasers should carefully evaluate the reclamation timeline, development programme, infrastructure delivery, contractual obligations, payment terms and handover conditions before completing the transaction. Buyers should not rely solely on marketing information but should conduct comprehensive legal, technical and financial due diligence to ensure the acquisition aligns with their investment objectives. The stated expectation of a future price increase should also be treated as vendor information and independently assessed rather than relied upon as a guaranteed investment outcome. Ideal For High-net-worth property investors Luxury residential developers Real estate development companies Land banking investors Corporate property portfolios Buyers seeking premium waterfront plots Families planning future luxury homes Serious Enquiries Private consultations, additional property information, plot availability and inspection arrangements can be organised for qualified buyers upon serious interest and vendor authorisation. Secure an opportunity to acquire premium waterfront land within one of Lekki's emerging luxury waterfront destinations. Contact Zahari Properties Call / WhatsApp 0803 384 8156 0907 301 3359 Website: www.zaharihub.com Zahari Properties Premium Property Sales Land Acquisition Luxury Real Estate Investment Opportunities Disclaimer: All property information, plot availability, price, documentation status, reclamation progress and development details are subject to verification and confirmation by the vendor and relevant authorities. Buyers are advised to conduct independent legal, technical and financial due diligence before entering into any property transaction.
Property details
Area guide — Lekki
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki, Lagos
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Disclaimer
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