1,200 Sqm
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Property Description
Prime Land For Sale in Lekki Phase 1, Lagos
1,200 SQM Off Oladimeji Alo Street Lagos State C of O ₦1.8 Billion
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Property Overview
- Location: Lekki Phase 1, Lagos (Off Oladimeji Alo Street)
- Land Size: 1,200 SQM
- Title: Lagos State Certificate of Occupancy (C of O)
- Asking Price: ₦1.8 Billion
- Price per SQM: ₦1.5 Million
- Status: Vacant, titled, and ready for development
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Key Highlights
- Lekki Phase 1 Address -- One of Lagos' most exclusive and established residential neighborhoods
- Full Lagos State C of O -- Guarantees legal security and smooth transferability
- Spacious Parcel -- 1,200 SQM allows for a substantial luxury development
- Premium Location -- Off Oladimeji Alo Street, a serene and high-value corridor within Phase 1
- Investment-Grade Asset -- Strong demand from high-net-worth individuals and developers
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️ Development Potential
- Luxury Detached Villa with extensive grounds
- High-End Duplexes or Semi-Detached Homes
- Boutique Gated Community of 3--4 Units
- Corporate Guest House or Executive Letting Property
- Custom-Built Family Estate
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Location Benefits
- Lekki Phase 1 Prestige -- Known for wide roads, greenery, and exclusivity
- Proximity to Key Areas -- Easy access to Victoria Island, Ikoyi, and Lagos Island
- Serene Environment -- Residential privacy with low traffic and noise
- Strong Community -- Well-established neighborhood with security and social amenities
- High Resale & Rental Value -- Consistently appreciates due to limited supply
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Investment Value
- Total Price: ₦1.8 Billion
- Price per SQM: ₦1.5 Million
- Title Assurance: Lagos State C of O ensures credibility and future resale ease
- Scarcity Premium -- Large titled plots in Lekki Phase 1 are rare
- Immediate Development -- No encumbrances; commence construction upon purchase
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Sale Opportunity
This 1,200 SQM fully titled plot in Lekki Phase 1 offers a rare opportunity to own and develop in one of Lagos' most coveted addresses. Ideal for discerning buyers, developers, or long-term investors.
Ideal For:
- Luxury Home Builders
- Real Estate Developers
- High-Net-Worth Individuals & Families
- Corporate Investment Portfolios
Contact For:
- Site Inspection
- C of O Verification
- Purchase Negotiation
- Development Planning Consultation
A distinguished Lekki Phase 1 property --- offering prestige, privacy, and lasting value.
Property Details
| Property Ref: 3282764 | Added On: 07 Jan 2026 | Last Updated: 07 Jan 2026 |
| Market Status: Available | Type: Residential Land | Total Area: 1,200 sqm |
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 of their occupants.
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 in Lekki Phase 1, you're definitely covered.
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 always willing to show up at the local bars and clubs.
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 Phase 1, Lekki, Lagos.
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 5 months ago
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