Residential land for sale
Ilasan, Lekki, Lagos
Prime land for sale in ikate ilasan, lekki, lagos
2 plots sandfilled & partly fenced c of o title ₦650 million
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property overview
- location: ikate ilasan, lekki, lagos
- land size: 2 plots
- condition: sandfilled and partly fenced
- title: certificate of occupancy (c of o)
- asking price: ₦650,000,000
- price per plot: ₦325,000,000
- estimated price per sqm: ₦800,000 - ₦1,500,000 (based on current lekki phase 2 market rates)
- status: development-ready, titled land
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key highlights
- development-ready -- sandfilled land reduces construction time and cost, providing a stable base for building.
- strong legal title -- a certificate of occupancy (c of o) is one of the strongest land titles in lagos, ensuring secure ownership and ease of resale.
- strategic location -- ikate ilasan is within the rapidly expanding lekki phase 2 corridor, known for strong growth and appreciation.
- partially secured -- existing fencing offers initial security and perimeter definition for the plots.
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️ development potential
- private family compound or multi-dwelling estate
- luxury duplexes or detached homes
- rental apartment block (subject to density approval)
- commercial venture or mixed-use building
- long-term land banking investment
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location benefits
- lekki growth corridor -- positioned in one of lagos's most dynamic and fast-appreciating areas.
- improving infrastructure -- benefits from ongoing and planned road, utility, and community developments in the lekki axis.
- proximity to key areas -- accessible to lekki-epe expressway, ajah, and the burgeoning commercial centers of lekki phase 1.
- high demand zone -- consistent interest from developers, investors, and families seeking value in growing neighborhoods.
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investment value
- total asking price: ₦650 million
- price per plot: ₦325 million
- market context: the price per plot is competitive within the current lekki phase 2 market range of ₦400m to ₦900m per plot.
- title security: a verified c of o significantly reduces investment risk and facilitates future transactions.
- appreciation potential: land in the ikate/ilasan area has a strong track record of value growth due to sustained development.
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sale opportunity
this offering presents a chance to acquire two titled, development-ready plots in a high-growth area of lekki. the sandfilled condition and c of o title make it a compelling option for a builder or investor seeking to expedite a project.
ideal for:
- real estate developers
- strategic land investors
- individuals planning a custom family estate
- high-net-worth portfolio buyers
essential next steps:
- verify survey plan: obtain the survey plan to confirm the exact size in square meters for accurate valuation.
- confirm title authenticity: conduct a verification of the c of o at the lagos state lands bureau.
- site inspection: personally visit to assess the land, fencing, and surrounding area.
- due diligence: engage a lawyer to conduct a full land search to ensure it is free from encumbrances.
secure your stake in lekki's growth with these titled, ready-to-build plots in ikate ilas...
More details
₦650,000,000
Ac Valour International
08036503218