A 1,250sqm parcel of land available for lease in the prestigious Ikoyi district. The property is offered on a maximum 5-year lease term and is suitable for uses that do not require permanent structures, subject to the agreed lease terms.

Property Features
Land size: 1,250sqm
Prime Ikoyi location
Maximum lease term: 5 years
No permanent structures allowed
Suitable for temporary or permitted uses

Lease Details
Rent: ₦120,000,000 per annum
5-Year Lease: ₦600,000,000
Legal Fee: 5% — ₦30,000,000
Agency Fee: 10% — ₦60,000,000
Total Package: ₦690,000,000

Ideal For
Ideal for businesses, investors or organisations seeking a sizeable land parcel in Ikoyi for an approved use that does not involve permanent construction.