Mixed Use Land
Interested in this property?
Property Description
*RECLAMATION JOB FOR MEGA INVESTORS*
*MAGODO / AGILITY *RECLAMATION
. *200 - acres for reclamation*.
*The minimum value after reclamation is 250 million*
*They are granting 50% percent to the investors* *700 sq mtrs now in Magodo is about 350 million while 500 sq mtrs is 250 million*
.*We can even sell this one above 250million mark*
**Royalty ( to be discussed)*
*Tiitle* :- *registered HIGH COURT *judgement and Lagos State House of Assembly Proclamation*
*Size to be granted* :-400-500 acres.
*Royalty* :-to be discussed. . *Sharing Ratio* 50/50%-owner/investor Land-value:250m per plot.
*Pictures and documents available to serious* *investors* .
Etinosa
Property Details
| Property Ref: 3438537 | Last Updated: 16 Apr 2026 | Market Status: Available |
| Type: Mixed-use Land | Total Area: 720 sqm | Covered Area: 200 sqm |
Interesting Facts
Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives access to all of the 'good stuff' in Ikeja, such as business and employment opportunities.
Leisure and Shopping
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Popular Estates
Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of Lagos co-operative, and many of its staff own homes there.
Day Life
Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicures are all available.
Night Life
Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.
Schools
Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making, hairdressing, and sports. Newfield School employs a broad and balanced curriculum based on the Nigerian and British National Curriculums.
Read the full area guide for Magodo, Lagos.
Interested in this property?
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 Realtor. 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.