An exceptional real estate investment opportunity is now available in one of Lagos’ most prestigious and high-demand locations—Lekki Phase 1.
This listing features 4 units of well-structured terrace apartments sitting on a 1,200sqm land area with an existing building structure, making it an ideal turnkey investment for developers, real estate investors, or hospitality operators.
📍 Property Overview
- Location: Off Admiralty Way, Lekki Phase 1, Lagos
- Property Type: 4 Units of Terrace Apartments
- Land Size: 1,200sqm
- Structure: Existing building on site
- Title: Governor’s Consent + Certificate of Occupancy (C of O)
- Price: ₦1.7 Billion
- Status: For serious buyers only
🌟 Why Lekki Phase 1 is a Prime Real Estate Destination
Lekki Phase 1 remains one of the most sought-after residential and commercial hubs in Lagos due to its:
- Strategic proximity to Victoria Island and Ikoyi
- High-end residential developments
- Strong rental demand for luxury apartments
- Excellent road network and infrastructure
- Presence of corporate offices, restaurants, and lifestyle centers
👉 Properties in this area enjoy consistent value appreciation and high rental yields, making it a top choice for investors.
🏗️ Property Description & Development Value
This property consists of 4 units of terrace apartments situated on a spacious 1,200sqm land, already featuring an existing structure.
Key Highlights:
- Structurally developed terraces ready for completion or refurbishment
- Large land space allowing for redesign or expansion
- Located in a fully developed, high-brow neighborhood
- Ideal for residential luxury rentals or short-let apartments
👉 The existing structure reduces development time and allows investors to fast-track returns on investment (ROI).
💼 Ideal Usage Potential
This property is highly versatile and can be utilized for:
- 🏡 Luxury residential apartments
- 🏢 Corporate staff housing
- 🏨 Short-let / Airbnb investment units
- 🏗️ Redevelopment into modern luxury terraces
- 💼 High-end rental investment portfolio
👉 Given the demand in Lekki Phase 1, short-let and luxury rental conversion offers very high income potential.
📈 Investment Advantages
Investing in this property provides:
- Strong capital appreciation potential
- High rental and short-let income opportunities
- Prime location advantage in Lekki Phase 1
- Existing structure reduces construction risk
- Secure land title documentation
👉 This is a rare opportunity in a fully developed high-value neighborhood.
🔐 Title & Documentation
The property comes with strong legal backing:
- Governor’s Consent
- Certificate of Occupancy (C of O)
👉 This ensures:
- Secure ownership
- Easy transfer process
- Bankability and investment confidence
💰 Pricing Information
- Price: ₦1.7 Billion
- Negotiation: Strictly for serious and qualified buyers
👉 This pricing reflects the prime location, land size, and structural value of the property.
⚠️ Inspection Policy
To maintain privacy and seriousness of engagement:
- Inspection is strictly by appointment
- Minimum notice: 5–10 hours prior scheduling required
- No impromptu inspections allowed
👉 Only serious and financially qualified buyers will be entertained.
📞 Contact Information
For inquiries, inspection scheduling, and documentation review:
📱 Call/WhatsApp: 08034139285
🏁 Final Thoughts
This is a rare opportunity to acquire a prime terrace development in Lekki Phase 1, one of Lagos’ most prestigious and high-value real estate markets.
With its strategic location off Admiralty Way, existing structure, and strong rental potential, this property represents a high-return investment opportunity for serious buyers only.
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