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* MEGA JV DEAL LEKKI PHASE 1 RHS OCEAN SHORE RESIDENCE*
*Ready-to-Build Piling & Approvals Done Oceanfront Land*
*Location:* Lekki Phase 1 Right Hand Side, Lagos -- Prime oceanfront parcel
*Land Size:* *2.63 Hectares = 26,300 sqm* of waterfront land
️ *Proposal:* 3 towers, 10 floors each -- Ocean Shore Residence concept
*Land Value:* *₦20 Billion* *Agency Fee:* 10%
*The Development Plan:*
- *3 Urban Luxury Towers:*
- *Type A Tower:* 44 apartments
- 3 x 3-Bedroom 4 x 4-Bedroom 1 x 5-Bedroom 2 Penthouse floors
- *Type B Towers x2:* 192 apartments per tower
- Mix of Studio, 1-Bed, 2-Bed, 3-Bed units
- *Facilities:* Gym, Swimming Pool, Tennis Court, Children's Play Area, BBQ Pavilions, Security, Ample Parking
- *De-Risked:* All piling completed by a top Nigerian firm. Building approval already secured.
- *Generational Site:* Lekki Phase 1 RHS oceanfront is finished. This is one of the last blocks left for high-rise luxury.
- *Move-In Ready:* No land prep, no approvals delay. Capital goes straight into vertical construction.
*Owner Requirement:* Investor must have proven capacity + track record of past projects in Ikoyi, Banana Island, VI, or Lekki. Owner is on ground and ready to close immediately.
| Property Ref: 3526393 | Last Updated: 14 Jun 2026 | Market Status: Available |
| Type: Land |
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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