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Prime Land Parcel -- 1041sqm
Off Admiralty Road, Lekki Phase 1
A strategically located land parcel measuring approximately 1041 square metres, positioned within a prime and highly sought-after area of Lekki Phase 1.
The property currently comprises two semi-detached duplex structures, offering options for refurbishment or complete redevelopment.
Property Highlights
- Land size: 1041sqm
- Existing structures: 2 semi-detached duplexes
- Vacant possession
- Good access road
- Located within a developed and high-demand residential zone
Price
₦1,680,000,000 (Net)
Title
Certificate of Occupancy (First Allottee)
Development Potential (THIS IS YOUR REAL BUYING POINT)
This property is ideal for:
- Luxury residential redevelopment
- Block of apartments
- Terrace development
- Mixed-use residential investment
Strategic Advantage:
- Located off Admiralty Road --- one of the most active residential corridors in Lekki Phase 1
- Strong demand for luxury apartments and terraces in the area
- High resale and rental value potential
Call to Action
Serious developers and investors are invited to schedule a private inspection and due diligence review.
| Property Ref: 3404713 | Added On: 25 Mar 2026 | Last Updated: 25 Mar 2026 |
| Market Status: Available | Type: Residential Land | Total Area: 1,041 sqm |
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
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.
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.
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.
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.
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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