800 Sqm Bare Land Orange Island Estate Phase 1, Lekki

ORANGE ISLAND ESTATE PHASE 1, LEKKI
800 SQM Bare Land Phase 1 C of O Title
₦675 Million ₦843,750 per SQM

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Property Overview

- Location: Orange Island Estate Phase 1, Lekki, Lagos -- a prestigious, well-planned residential estate in one of Lekki's most desirable corridors.
- Land Size: 800 SQM.
- Title: Certificate of Occupancy (C of O) -- the highest form of title security in Nigeria.
- Asking Price: ₦675,000,000.
- Price per SQM: ₦843,750.
- Status: Bare land, ready for immediate development.

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Key Highlights

- Premium Estate Address: Orange Island Estate Phase 1 is a sought-after gated community offering security, paved roads, drainage, and a serene environment -- highly valued by discerning homeowners and investors.
- Strongest Possible Title: C of O provides absolute ownership certainty -- bankable, transferable, and ready for financing.
- Phase 1 Advantage: Being in Phase 1 of the estate typically means better plots, established infrastructure, and prime positioning within the community.
- Immediate Development: Bare land means no demolition or relocation costs -- construction can commence upon acquisition.
- Great Delight for Smart Developers: At ₦843,750/SQM with C of O, this represents solid value in a prime estate location.

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️ Development Potential

800 SQM in Orange Island Estate Phase 1 is ideal for:

- Luxury Detached Villa: Spacious family home with pool, gardens, and staff quarters.
- Twin Duplexes: Two high-end units -- live in one, rent or sell the other.
- Boutique Townhouse Development: 3--4 luxury terrace units.
- Corporate Guest House: Executive accommodation in a secure, prestigious setting.

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Market Context

Metric Value
Land Size 800 SQM
Total Price ₦675,000,000
Per SQM Price ₦843,750
Market Range (Orange Island) ₦800,000--₦950,000/SQM
Title Status C of O

- Per SQM Benchmark: At ₦843,750/SQM, this is competitively positioned within Orange Island Estate's current land market, where C of O--titled plots typically range from ₦800,000--₦950,000/SQM depending on exact location and plot characteristics.
- Title Premium: C of O commands a significant premium over lesser titles -- offering peace of mind and immediate bankability.
- Scarcity Factor: Phase 1 plots in established estates are increasingly rare -- most have been developed or held long-term.

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Ideal For: Homebuilders seeking a secure, titled plot in a prestigious Lekki estate; developers targeting the mid-to-upper residential market; investors wanting a bankable asset with strong appreciation potential.

A fresh 800 SQM C of O offering in Orange Island Estate Phase 1 -- ready for immediate action. Great delight for smart developers indeed.