prime 2800sqm parcel of land in Old Ikoyi
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Overview
A prime 2,800sqm parcel of land is available for lease in the prestigious Old Ikoyi area of Lagos. The property is offered on a 10-year lease term, with the lease duration open to review by mutual agreement.
The lease requires 5 years’ rent to be paid upfront, making it suitable for developers, corporates, and investors seeking a substantial site for a long-term project.
Property Details
Land Size: 2,800sqm
Location: Old Ikoyi, Lagos
Lease Duration: 10 Years
Lease Term: Subject to review
Payment Structure: 5 Years Upfront
Rent: ₦250,000 per sqm per annum
Price
₦250,000 per sqm per annum
Annual Rent: ₦700,000,000
5-Year Upfront Rent: ₦3,500,000,000
