600 Sqm Bare Land Inside Mini Estate Orchid Hotel Road
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Property Description
JUST OUT -- SUPER DISTRESS SALE ORCHID ROAD, LEKKI
600 SQM Bare Land Inside Mini Estate Governor's Consent ₦120 Million
₦200,000 per SQM 3 Units of Duplexes Can Be Built
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Property Overview
- Location: Orchid Hotel Road, Lekki, Lagos -- inside a mini estate, strategically positioned in this high-traffic, high-growth corridor.
- Land Size: 600 SQM (as per survey plan).
- Title: Governor's Consent.
- Asking Price: ₦120,000,000.
- Price per SQM: ₦200,000.
- Status: Bare land, ready for development.
- Development Potential: Can accommodate 3 units of duplexes.
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Key Highlights
- Super Distress Pricing: At ₦200,000/SQM, this is significantly below market rates for Orchid Road, where titled land typically commands ₦250,000--₦350,000/SQM depending on location and estate quality.
- Prime Orchid Road Location: Orchid Road is a major Lekki artery, connecting to the Lekki-Epe Expressway and providing access to key landmarks, estates, and commercial hubs.
- Strong Title Security: Governor's Consent provides a perfected, bankable title---ready for financing and immediate transfer.
- Mini Estate Advantage: Inside a mini estate offers security, planned layout, and infrastructure benefits while maintaining value pricing.
- Smart Developer Play: 600 SQM configured for 3 duplex units offers efficient development scale with clear exit strategy (sale of individual units or whole block).
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️ Development Potential
600 SQM ideally suited for:
- 3 Units of Luxury Duplexes: Terraced or semi-detached configuration, each approx. 200 SQM land allocation.
- Boutique Apartment Block: 6--8 high-end flats.
- Single Landmark Mansion: Spacious family home with pool and gardens.
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Market Context
- Per SQM Discount: At ₦200,000/SQM, this represents a 20--40% discount to prevailing Orchid Road land values.
- Comparable Context: Recent transactions for Governor's Consent--titled land in Orchid Road micro-locations have closed between ₦250,000--₦350,000/SQM.
- Distressed Opportunity: Seller motivation creates rare entry point for cash-ready developers and investors.
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Ideal For: Developers seeking below-market land with clear title and immediate development potential; investors wanting a bankable asset in a prime Lekki corridor.
A super distress 600 SQM parcel with Governor's Consent on Orchid Road -- priced for smart money to move quickly.
Property Details
| Property Ref: 3353505 | Added On: 21 Feb 2026 | Last Updated: 21 Feb 2026 |
| Market Status: Available | Type: Residential Land |
Interesting Facts
Many energy services, petroleum, and gas companies are located in Lekki Phase 2. Many tourists visit the 'Lekki Conservation Centre' to climb and experience the suspended canopy. One of Nigeria's largest oil producers, Chevron, is also located in the area.
Leisure and Shopping
Lekki Phase 2 is now open and ready to enhance your shopping experience. The Circle Mall is shaped like a circle, and it has a lot of stores within its walls. It is one of the largest SPAR branches in Lagos, with plenty of parking.
Popular Estates
Crown Estate is a great place to live if you enjoy tree planting or want to live in an environment with a lot of trees and plants. The majority of the homes are duplexes (semi- and fully detached), and the residents are upper-class.
Day Life
Lekki Conservation Centre is the longest canopy walk in Africa. Dream World Africana offers children and adults the opportunity to play various outdoor and indoor games. If you are up for paintball action, check out Leisure Sports Paintball at Lekki Phase II.
Night Life
Xovar is a club that has an indoor and an outdoor bar. FoliXx Lounge is the place to go if you want to "chill" with Lekki Phase 2 big boys and girls. Windlounge gives you a good view from its rooftop outdoor restaurant.
Schools
Some of the top-rated schools in the country are in Lekki Phase2. The schools provide quality education, experienced teachers and conducive environments. Other great and top schools are Glowfield International School,. Dolton International School, Silversands Hall School and Covenant Hall School.
Read the full area guide for Lekki Phase 2, Lekki, Lagos.
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 6 months ago
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