Mixed-use land for sale
Off Admiralty Way, Lekki Phase 1, Lekki, Lagos
525 sqm land with c of o -- off admiralty way, lekki phase 1
prime location perfected title ₦550 million ₦1,047,619 per sqm
---
property overview
- location: off admiralty way, lekki phase 1, lagos -- one of the most prestigious and sought-after addresses on the lekki peninsula, offering proximity to major roads, schools, shops, and amenities.
- land size: 525 sqm.
- title: certificate of occupancy (c of o) -- the highest form of title security in nigeria.
- asking price: ₦550,000,000.
- price per sqm: ₦1,047,619.
- status: bare land, ready for immediate development.
---
key highlights
- prime lekki phase 1 address: off admiralty way places this property in the heart of lekki phase 1, surrounded by luxury homes, corporate offices, and high-end retail -- a location that commands premium value.
- strongest possible title: c of o provides absolute ownership certainty -- bankable, transferable, and ready for financing.
- excellent development scale: 525 sqm offers ideal proportions for a spacious detached home or boutique residential development.
- quiet yet connected: being "off admiralty way" ensures tranquility and privacy while maintaining easy access to the main artery and all its conveniences.
- immediate development: bare land means no demolition costs -- construction can commence upon acquisition.
---
️ development potential
525 sqm in this location is ideal for:
- luxury detached villa: elegant family home with courtyard, garden, and parking.
- twin duplexes: two high-end units -- live in one, rent or sell the other.
- boutique apartment block: 6--8 luxury flats targeting professionals and small families.
- corporate guest house: executive accommodation in a prime lekki location.
---
market context
metric value
land size 525 sqm
total price ₦550,000,000
price per sqm ₦1,047,619
market range (lekki ph1) ₦950,000--₦1.5m/sqm
title status c of o
- per sqm benchmark: at ₦1.047m/sqm, this is competitively positioned within lekki phase 1's current land market, where c of o--titled plots typically range from ₦950,000--₦1.5m/sqm depending on exact location and proximity to admiralty way.
- title premium: c of o commands a significant premium over lesser titles -- offering peace of mind and immediate bankability.
- location advantage: "off admiralty way" balances accessibility with residential tranquility -- a highly desirable combination.
---
ideal for: homebuilders seeking a titled plot in lekki phase 1's most desirable corridor; developers targeting the luxury residential market; investors wanting a bankable asset with strong appreciation potential.
a prime 525 sqm c of o parcel off admiralty way, lekki phase 1 -- priced competitively and ready for developme...
More details
₦550,000,000
Ac Valour International
08036503218