Are you looking for a rare investment opportunity in Ikeja? This is your chance to acquire a prime 680sqm residential land at a distress sale price in Omole Phase 1, Ikeja, one of Lagos’ most serene and highly sought-after neighborhoods.
This well-located plot of land is ideal for building a residential estate, luxury duplex, or small gated community, offering high potential returns for investors and developers alike. With verified documentation, this land is ready for immediate acquisition and development.
📍 Location: Omole Phase 1, Ikeja
Omole Phase 1 is a prestigious and fast-appreciating neighborhood in Ikeja, offering investors and homeowners:
- Secure and serene environment, perfect for residential development
- Proximity to schools, hospitals, shopping centers, banks, and offices
- Well-planned road networks, providing easy access to Ikeja and greater Lagos
- Quiet yet accessible location, ideal for families or luxury developments
Owning land in this area guarantees long-term capital appreciation, high demand for residential properties, and prestige associated with Ikeja’s top neighborhoods.
Property Overview
- Property Type: Residential Land
- Land Size: 680sqm
- Property Use: Residential Development
- Facilities: Electric supply, rainwater drainage, domestic sewage, water supply, gas supply, car parking
- Title & Documentation: Letter of Allocation
- Status: Distress Sale
- Price: ₦200,000,000 (Outright)
- Agent Fee: 5%
- Contact / WhatsApp: 08034139285
This spacious 680sqm plot is fully equipped with essential facilities, making it ideal for immediate construction of your residential project or investment for future development.
Title & Documentation
The property comes with secure legal documentation, ensuring a smooth and risk-free transaction:
- ✅ Letter of Allocation – provides legal proof of ownership
- ✅ Ready for residential development
- ✅ Fully compliant for sale, lease, or construction
With verified documentation, investors can confidently develop, resell, or lease the property without legal complications.
Why This Property is a Smart Investment
✔ Prime Residential Location
Omole Phase 1 offers:
- Safe and secure environment for residential living
- Easy access to commercial hubs, public services, and essential amenities
- Serene surroundings for family homes or gated residential estates
✔ Distress Sale – Exceptional Value
This property is being offered at a distress sale price, providing:
- A rare chance to acquire prime land below market value
- High return on investment potential due to future appreciation
- Opportunity to secure a strategic plot in a fast-growing neighborhood
✔ Ready for Residential Development
The 680sqm land is suitable for:
- Luxury duplexes or terraced homes
- Townhouses or mini-estates
- High-end family residences
✔ Strong Capital Appreciation
Omole Phase 1 land consistently gains value over time, offering investors:
- Long-term capital growth potential
- High demand for rentals due to strategic location
- Strong resale value in Lagos’ competitive real estate market
Development Possibilities
This 680sqm land plot provides multiple development options:
- Build a modern luxury duplex or townhouse
- Develop a gated mini-estate for sale or rent
- Construct high-end residential homes with modern amenities
Its size, strategic location, and facilities make it a highly attractive investment opportunity in Ikeja’s residential property market.
Ideal Buyers
This property is perfect for:
- Investors seeking distressed properties with high appreciation potential
- Real estate developers aiming for residential projects in Ikeja
- High-net-worth individuals planning their dream home
- Entrepreneurs or corporate buyers looking to develop mini-estates or housing units
Asking Price
💰 ₦200,000,000 (Outright)
Considering its prime location, spacious size, and distress sale price, this property represents one of the best opportunities to invest in Ikeja Phase 1, Lagos.
Inspection & Enquiries
📞 Contact / WhatsApp: 08034139285
Serious buyers and investors can request photographs, video footage, and site inspections to verify this premium property.
Final Thoughts
Opportunities to acquire residential land in Omole Phase 1 at a distress sale price are extremely rare. This property offers:
- 680sqm of prime residential land
- Letter of Allocation ensuring secure legal ownership
- Serene, secure, and well-connected location
- Flexible development potential for duplexes, townhouses, or mini-estates
- High potential for capital appreciation and rental income
For homeowners, developers, and investors, this is a strategic opportunity to acquire high-value land in one of Lagos’ most desirable neighborhoods.
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