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Residential land for sale

1,000 SQM Land

Orange Island Freedom Way, Lekki Phase 1, Lekki, Lagos
₦750,000,000
#369-000-2 22 Sep 2026 Added today
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Residential Property type

About this property

Property Details Location: Orange Island Phase 1, Lagos Property Type: Land Land Size: 1,000 SQM Transaction: For Sale Asking Price: ₦750,000,000 Zahari View This 1,000 SQM parcel of land is available for sale in Orange Island Phase 1, Lagos, at an asking price of ₦750 million. The plot size provides a substantial landholding that may appeal to buyers considering a significant private residence or a residential development concept, subject to the applicable estate guidelines, planning requirements and development controls. For prospective buyers, the assessment should go beyond the land size and asking price. The property's exact position within Orange Island Phase 1, permitted development parameters, buildable area, access, infrastructure and applicable estate requirements should be independently verified before purchase. Property Highlights 1,000 SQM landholding. Located in Orange Island Phase 1, Lagos. Asking price of ₦750 million. Substantial plot size for a private residential concept or approved development. Potential for future development, subject to planning and estate requirements. Suitable for buyers considering either development or strategic land acquisition. Why This Property Deserves Attention A 1,000 SQM plot offers more development flexibility than smaller residential plots, depending on the applicable planning and estate controls. The property's exact position within the estate is an important consideration. Buyers should establish the permitted building footprint, setbacks, density, height restrictions and other development parameters before determining what can realistically be built on the land. The ₦750 million asking price should also be assessed against comparable land opportunities within the same estate and surrounding prime locations. Buyer's Perspective Before proceeding with the purchase, prospective buyers should verify: Exact land size and dimensions. Survey and boundary information. Title and ownership documentation. Exact location within Orange Island Phase 1. Permitted land use. Estate development guidelines. Building height and density requirements. Setbacks and applicable planning controls. Access and infrastructure. Utility availability. Estate dues and applicable charges. Planning and development approval requirements. Any restrictions, covenants or conditions affecting the property. Investment Perspective The investment assessment should consider the ₦750 million acquisition price, the buyer's intended use and the expected holding or development period. For buyers planning to develop, the overall project budget should include construction costs, professional fees, statutory charges, infrastructure requirements and other associated development expenses. For buyers considering the property as a land investment, current market conditions, development activity within Orange Island and the intended exit strategy should be independently assessed. Future appreciation or investment returns should not be assumed without appropriate market and financial analysis. Investor / Buyer Note The value of a 1,000 SQM plot is influenced by more than its stated size. The exact location within the estate, development controls, infrastructure, title position and permitted use can materially affect its practical development potential. A physical inspection, title verification and professional planning assessment are recommended before committing to the transaction. Documentation Prospective buyers should request and independently verify: Title documentation. Survey Plan. Evidence of ownership. Deed of Assignment or applicable transfer documentation. Estate development guidelines. Applicable planning and development requirements. Estate dues and other financial obligations. Any restrictions or conditions attached to the property. Property Intelligence Beyond the Listing For a land acquisition of this scale, buyers should determine the practical development potential of the 1,000 SQM plot before making financial commitments. The actual buildable area may differ from the total land size after applicable setbacks, access requirements and estate development controls are considered. The property's exact position, infrastructure status and the buyer's intended development strategy should therefore form part of the overall investment assessment. Asking Price ₦750,000,000 For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information contained in this listing is based on the details provided and should be independently verified. Prospective buyers should confirm the land size, boundaries, ownership, title, exact location, estate guidelines, development parameters, infrastructure, applicable fees and all transaction terms before proceeding with the purchase.

Property details

Reference ID #369-000-2
Listed by Zahari Properties
Property type Residential Land
Listing status Residential land for sale

Area guide — Lekki

Lagos

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 o...

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 i...

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 alway...

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, Lagos

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Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Zahari Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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