1,030 Sqm Land With Existing Structure In Lekki Phase 1
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Property Description
Prime Land with Existing Structure for Sale in Lekki Phase 1, Lagos
1,030 SQM A Series, Lekki Phase 1 C of O Title ₦1.8 Billion NET ≈ ₦1.75M per SQM
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Property Overview
- Location: A Series, Lekki Phase 1, Lagos
- Land Size: 1,030 SQM
- Existing Structure: Building on site (details to be verified)
- Title: Certificate of Occupancy (C of O)
- Asking Price: ₦1.8 Billion NET
- Price per SQM: ≈ ₦1.75 Million
- Status: Land with existing improvements; suitable for renovation or redevelopment
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Key Highlights
- A Series, Lekki Phase 1 -- One of the most exclusive and serene precincts within Phase 1
- C of O Title -- Full legal ownership, ensuring smooth and secure transaction
- Existing Structure -- Potential for renovation, expansion, or demolition and rebuild
- NET Price -- No additional fees or commissions; price is all-inclusive
- Premium Positioning -- Address carries prestige, privacy, and strong resale value
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️ Development Potential
- Luxury Villa or Mansion (after redevelopment)
- High-End Duplexes or Townhouses
- Boutique Apartment Building
- Corporate Guest House or Executive Letting
- Family Compound with Modern Amenities
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Location Benefits
- Lekki Phase 1 A Series -- Known for wide roads, greenery, and exclusivity
- Proximity to Key Destinations -- Close to Admiralty Way, Ikoyi, and Victoria Island
- Secure and Serene -- Low traffic, peaceful environment with high security
- Elite Neighborhood -- Home to high-net-worth individuals, diplomats, and business leaders
- Strong Community Appeal -- Well-maintained area with enduring prestige
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Investment Value
- Asking Price: ₦1.8 Billion NET
- Price per SQM: ≈ ₦1.75 Million
- Title Security: C of O guarantees ownership and future salability
- Flexibility: Existing structure offers options---renovate, retrofit, or rebuild
- Appreciation Potential: Land values in A Series continue to rise steadily
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Direct Sale Opportunity
This 1,030 SQM property with an existing structure offers a rare chance to own and develop in one of Lekki Phase 1's most desirable streets. Ideal for discerning buyers, developers, or investors seeking a titled asset in a premium location.
Ideal For:
- High-net-worth individuals and families
- Real estate developers
- Corporate investors
- Renovation specialists or architectural firms
Contact For:
- Site inspection and structural assessment
- C of O verification
- Discussion on renovation or redevelopment potential
- Purchase negotiation (NET price)
A titled, premium property in Lekki Phase 1's A Series --- offering both immediate utility and long-term value.
Property Details
| Property Ref: 3297195 | Added On: 16 Jan 2026 | Last Updated: 16 Jan 2026 |
| Market Status: Available | Type: Residential Land |
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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