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FOR SALE -- THERA PEACE ZONE, SANGOTEDO, LEKKI
600 SQM Well-Shaped Land with Structure Interlocked Roads C of O Title
₦100 Million ₦166,667 per SQM
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Property Overview
- Location: Thera Peace Zone, Aptech, Sangotedo, Lekki, Lagos.
- Land Size: 600 SQM.
- Current Improvements: Structure on site (can be renovated, leased, or demolished for redevelopment).
- Title: Certificate of Occupancy (C of O).
- Asking Price: ₦100,000,000.
- Price per SQM: ₦166,667.
- Status: Well-shaped, flood-free, easy-access plot within a gated estate setting.
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Key Highlights
- Prime Sangotedo Location: Thera Peace Zone is situated in the fast-growing Aptech/Sangotedo corridor, benefiting from Lekki's eastward expansion and proximity to major landmarks like Lagos Business School, Pan-Atlantic University, and the Sangotedo market hub.
- Estate Living with Infrastructure: Interlocked roads, flood-free terrain, and easy access within a call-to-access estate ensure security and quality environment.
- Strong Title Security: C of O provides bankable, transferable ownership---rare in this price segment.
- Existing Structure Adds Value: The structure on land offers immediate utility (rental income, caretaker accommodation) while planning redevelopment.
- Affordable Entry Point: At ₦166,667/SQM, this is competitively priced for a C of O--titled plot in a developed Sangotedo estate.
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️ Development Potential
600 SQM in this location offers multiple pathways:
- Renovate & Hold: Upgrade existing structure for rental income while land appreciates.
- Demolish & Rebuild: Construct a modern detached home, twin duplexes, or small apartment block.
- Mixed-Use Possibility: Subject to approvals, ground-floor retail with residential above.
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Market Context
- Per SQM Pricing: At ₦166,667/SQM, this is positioned attractively within Sangotedo's estate land market, where titled plots typically range from ₦150,000--₦200,000/SQM depending on exact location and infrastructure.
- Title Premium: C of O commands a significant premium over Deed of Assignment or Survey-only plots---offering peace of mind and financing readiness.
- Growth Corridor: Sangotedo continues to see rising demand due to institutional presence (LBS, Pan-Atlantic), improving road networks, and spillover from Lekki Phase 1 and Chevron.
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Ideal For: First-time homebuilders seeking a secure, titled plot in a growing Lekki corridor; investors wanting immediate rental income plus long-term appreciation; developers looking for affordable entry into Sangotedo's estate market.
A well-located 600 SQM parcel with C of O and existing structure in Thera Peace Zone---priced for value and ready for action.
| Property Ref: 3353503 | Added On: 21 Feb 2026 | Last Updated: 21 Feb 2026 |
| Market Status: Available | Type: Residential Land |
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.
Read the full area guide for Sangotedo, Ajah, Lagos.
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