Not-yet-sandfilled Massive Waterfront Land At Chevron Drive
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Property Description
NOT-YET-SANDFILLED MASSIVE WATERFRONT LAND FOR SALE -- CHEVRON DRIVE
Prime Waterfront Land Along Gracefield Causeway, Chevron Drive, Lekki, Lagos
An exceptional opportunity to acquire early-entry waterfront land in one of Lekki's most premium corridors. Sandfilling to commence soon, presenting strong upside for investors who enter now.
Property Details
Total Size: 1,000,000 SQM
Status: Not yet sandfilled (sandfilling to commence soon)
Title: Certificate of Occupancy (C of O)
Price: ₦150,000 per SQM (NET)
Minimum Bulk Purchase: 30,000 SQM
Location:
Gracefield Causeway, Chevron Drive, Chevron, Lekki, Lagos
Post-Sandfilling Value Projection / ROI
Current Entry Price: ₦150,000 per SQM
Projected Post-Sandfilling Value: ₦280,000 -- ₦350,000 per SQM (based on comparable sandfilled waterfront plots along Chevron & Lekki axis)
Estimated Capital Appreciation: 85% -- 130% within 12--24 months
Bulk Advantage: Larger acquisitions attract higher margins upon subdivision and resale
Developer Upside: Sandfilled waterfront estates command premium pricing for residential, commercial, and mixed-use developments
Example (30,000 SQM -- Minimum Purchase):
Current Cost: ₦4.5 Billion
Projected Value After Sandfilling: ₦8.4B -- ₦10.5B
Potential Gross Upside: ₦3.9B -- ₦6B
(excluding development costs)
Ideal For
️ Real estate development companies
️ Corporate organizations & cooperatives
️ High-net-worth and institutional investors
️ Schools, hospitals & healthcare institutions
️ Large-scale residential, commercial & mixed-use projects
ONLY SERIOUS ENQUIRIES
08034694258
Property Details
| Property Ref: 3274417 | Added On: 02 Jan 2026 | Last Updated: 02 Jan 2026 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 1,000,000 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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Disclaimer
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14 Gbenga Adeleke Street Destiny Homes, Abijo, Lagos, Lagos, Nigeria
0803 XXXX Show Phone
08034694258
+2348034694258
Registered 7 months ago
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