1250sqm Property in Lekki Phase 1
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Overview
An exceptional investment opportunity featuring a 1,250 SQM land parcel with four existing terrace units, offering outstanding redevelopment and repositioning potential in one of Lagos' most sought-after residential neighborhoods. This property is ideal for developers and investors looking to capitalize on the strong demand and long-term value of Lekki Phase 1.
Sale Details
📐 Land Size: 1,250 SQM
🏘️ Existing Development: 4 Terrace Units
💰 Price: ₦2,000,000 per SQM
📄 Title: Certificate of Occupancy (C of O)
Property Features
✨ 1,250 SQM Prime Land Parcel
✨ 4 Existing Terrace Units
✨ Excellent Redevelopment Opportunity
✨ High Investment Potential
Ideal For
Luxury Residential Development
Apartment Development
Townhouse Project
Mixed-Use Redevelopment
Long-Term Investment
Land Banking
Highlights
Prime Lekki Phase 1 Location
High-Demand Residential Neighborhood
Excellent Redevelopment Potential
Strong Capital Appreciation Prospects
Suitable for Developers and Institutional Investors
Easy Access to Victoria Island, Ikoyi, Oniru, Premium Schools, Shopping Centres, Restaurants, and Major Business Districts
📍 Location: Lekki Phase 1, Lagos
A rare opportunity to acquire a substantial development site in Lekki Phase 1, offering immediate value through the existing structures and significant upside for future redevelopment in one of Lagos' most established residential markets.
