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Prime Development Land + 5 Units Detached House

Land for sale Ikoyi Lagos
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4,500,000/sqm

Property address

​PID: 8QETF

Ikoyi Lagos

Last updated 2026-09-14 17:03:31.0
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Description

PRIME DEVELOPMENT LAND + 5-UNIT DETACHED RESIDENTIAL ASSET IN ONIKOYI, IKOYI, LAGOS This is a rare opportunity to secure substantial real estate in one of Ikoyi’s most tightly held and prestigious corridors. Positioned around Onikoyi, Ikoyi, this offering presents a sizeable 4,600 sqm combined land opportunity, with two distinct acquisition propositions available to serious buyers. From development land with valid building approval to a five-unit fully detached residential scheme, the opportunity is suited to investors and developers looking for scale in prime Ikoyi. It is a clean development proposition comprising 2,000 sqm of prime land, with the flexibility to acquire the property in portions. Title: Federal Certificate of Occupancy, converted to Governor’s Consent Approval: Valid Building Approval Price: ?4,500,000 per SQM Total Value: ?9,000,000,000 The land may be acquired in multiples of 500 sqm, subject to a minimum purchase of 1,000 sqm. Land Size Purchase Price; 1,000 SQM ?4,500,000,000 1,500 SQM ?6,750,000,000 2,000 SQM ?9,000,000,000 This flexibility allows qualified buyers to acquire according to their intended development scale and investment capacity. This is another separate residential proposition comprising five fully detached 5-bedroom duplexes, each sitting on approximately 400 sqm of land. Land Size: 2,600 SQM Configuration: 5 units of fully detached 5-bedroom duplexes Price: ?14,000,000,000 The scheme offers an immediate opportunity for an investor or developer seeking a sizeable residential holding within the Ikoyi market. Taken together, the two propositions represent approximately 4,600 sqm of prime landholding across Onikoyi, Ikoyi. Component Land Size Price; Prime Development Land - 2,000 SQM - ?9,000,000,000 5 Detached Duplexes - 2,600 SQM - ?14,000,000,000 Combined - 4,600 SQM - ?23,000,000,000 Note: The two offerings are presented as separate acquisition options. Availability and combined acquisition terms are subject to confirmation. This is an address where land scarcity, established prestige and development demand converge. For developers, the proposition is about scale and planning potential. For investors, it is about securing substantial real estate within one of Lagos’ most established luxury residential markets. 2,000 SQM DEVELOPMENT LAND ?4,500,000/SQM | ?9,000,000,000 | Federal C of O ? Governor’s Consent | Valid Building Approval OR 2,600 SQM RESIDENTIAL SCHEME 5 Fully Detached 5-Bedroom Duplexes | ?14,000,000,000 OR APPROX. 4,600 SQM COMBINED OPPORTUNITY ?23,000,000,000 Serious acquisition enquiries and private inspections are welcome by prior arrangement. Image Code: CPP LD457 To schedule a viewing, send a dm or call [redacted] or [redacted]
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Insight for Land for sale Ikoyi Lagos

Average House Price for last month

NGN 1.10 million

Price Change in last 6 months

NGN 0.00 0.00 %

Historical Price

6 Months Ago

NGN 1.50 million
0.00

1 year Ago

NGN 1.50 million
0.00

2 years Ago

NGN 1.22 million
66.67