1,906 Sqm Lakeview Mixed-use Zone Orange Island Estate, Lekki

LAND FOR SALE -- ORANGE ISLAND ESTATE, LEKKI
1,906 SQM Lakeview Mixed-Use Zoning
₦690,000 per SQM ₦1,315,140,000 Total

---

Property Overview

- Location: Orange Island Estate, Lekki, Lagos -- a prestigious, well-planned residential and mixed-use estate in one of Lekki's most desirable corridors.
- Land Size: 1,906 SQM.
- Zoning: Mixed-Use -- offering flexibility for residential, commercial, or combined development.
- Key Feature: Lakeview -- commanding views over the estate's water body, adding significant premium and lifestyle appeal.
- Title: To be verified (Orange Island properties typically have C of O or Governor's Consent).
- Price: ₦690,000 per SQM.
- Total Asking Price: ₦1,315,140,000.
- Status: Bare land, ready for development.

---

Key Highlights

- Premium Estate Address: Orange Island is a sought-after gated community offering security, paved roads, drainage, and serene living -- highly valued by discerning homeowners and investors.
- Lakeview Premium: Plots with lake views are rare and command significantly higher values due to aesthetics, privacy, and lifestyle appeal.
- Mixed-Use Flexibility: Zoning allows for residential, commercial, or mixed-use development -- maximizing ROI potential.
- Substantial Scale: 1,906 SQM offers excellent flexibility for a landmark project -- from luxury apartments to mixed-use complexes.
- Competitive Pricing: At ₦690,000/SQM, this is attractively priced for a lakeview mixed-use plot in a prime estate.

---

️ Development Potential

1,906 SQM with lakeview and mixed-use zoning is ideal for:

Residential Options:

- Luxury Apartment Block: 15--20 high-end flats across 4--5 floors, maximizing lake views.
- Terrace Duplex Cluster: 8--10 luxury terrace units with water views.
- Gated Mini-Estate: 5--6 detached villas overlooking the lake.

Mixed-Use Options:

- Mixed-Use Complex: Ground-floor retail/restaurants/cafés + residential above, capitalizing on lakeview appeal.
- Boutique Hotel: 40--50 rooms with lakeview restaurant and amenities.
- Lifestyle Destination: Spa, gym, and premium retail with water views.

---

Market Context

Metric Value
Land Size 1,906 SQM
Price per SQM ₦690,000
Total Price ₦1,315,140,000
Market Range (Orange Island) ₦650,000--₦900,000/SQM
Lakeview Premium +15--25% over standard plots

- Per SQM Benchmark: Orange Island land typically ranges from ₦650,000--₦900,000/SQM depending on location, view, and title strength. At ₦690,000/SQM, this lakeview plot offers exceptional value.
- Lakeview Advantage: Water-view plots in Orange Island command a 15--25% premium over inland plots. This pricing reflects a rare entry point for a premium asset.
- Mixed-Use Upside: Mixed-use zoning adds significant flexibility and value, allowing developers to optimize returns through diversified income streams.

---

Ideal For: Developers seeking a sizable, lakeview plot for a luxury residential or mixed-use project; investors wanting a prime Orange Island asset with strong appreciation potential; hospitality operators looking for a boutique hotel site with water views.

A rare 1,906 SQM lakeview mixed-use plot in Orange Island Estate -- priced competitively and ready for visionary development.