An exceptional opportunity is now available to acquire a large expanse of premium residential land along Awolowo Way, Ikeja, one of Lagos State’s most prestigious and commercially active corridors. This 5-acre (20,000sqm) property offers a rare combination of prime location, accessibility, and long-term investment value, making it ideal for upscale residential or mixed residential developments.
Properties of this size along Awolowo Way are increasingly scarce, positioning this offering as a strategic acquisition for forward-thinking investors and developers.
📍 Property Overview
This prime residential land is strategically located along Awolowo Way, Ikeja, a major arterial road linking key commercial, residential, and government districts within Lagos.
Key Property Details:
- Land Size: 20,000 square metres
- Equivalent Size: Approximately 5 Acres
- Property Type: Residential Land
- Approved Use: Residential Development
- Location: Awolowo Way, Ikeja, Lagos
- Land Status: Suitable for immediate development
- Outright Price: ₦5,562,000,000
- International Reference Value: Approx. $12 Million
🌆 Why Awolowo Way, Ikeja Is a Prime Location
Awolowo Way remains one of Ikeja’s most sought-after addresses due to its central location, excellent road network, and proximity to major commercial and residential hubs.
Location Advantages:
- Direct access to Ikeja GRA and Alausa CBD
- Close to Ikeja City Mall and Allen Avenue
- Proximity to government offices and corporate headquarters
- Easy connectivity to Murtala Muhammed International Airport
- High demand from residential and commercial users
- Well-developed infrastructure and utilities
The location supports both luxury residential living and high-end development, making it a strong investment destination.
🏗️ Ideal Development Opportunities
With its generous land size and premium location, this property is suitable for a wide range of high-value residential developments, including:
- Luxury apartment complexes
- Gated residential estates
- Serviced apartments
- High-rise residential towers
- Mixed residential communities
- Executive housing projects
The 5-acre size allows for efficient master planning, green spaces, parking, and modern architectural designs that appeal to today’s premium housing market.
📜 Documentation & Investment Security
This property is positioned for secure and transparent acquisition, making it suitable for:
- Corporate developers
- Institutional investors
- Private equity real estate investments
- High-net-worth individuals
The Awolowo Way corridor continues to benefit from government infrastructure investment, further strengthening the long-term security of this asset.
💰 Pricing & Market Value
- Outright Price: ₦5,562,000,000
- Equivalent Dollar Reference: ~$12 Million
Considering:
- The scarcity of large residential land in Ikeja
- The prestige of Awolowo Way
- Rising demand for premium housing
- Strong capital appreciation trends
This pricing reflects true market value and offers excellent upside potential for developers who act early.
📈 Why This Property Is a Smart Investment
- Rare 5-acre residential land in central Ikeja
- Located on a major arterial road
- High demand area for residential development
- Strong ROI and rental yield potential
- Excellent capital appreciation prospects
- Suitable for phased or large-scale development
Large residential parcels along Awolowo Way are almost nonexistent, making this a time-sensitive opportunity.
📞 Inspection & Enquiries
Serious buyers and developers are encouraged to act promptly.
📲 Contact / WhatsApp: 08034139285
🏁 Final Thoughts
This 5-acre residential land along Awolowo Way, Ikeja represents a rare opportunity to secure a landmark property in one of Lagos’ most prestigious locations. Whether your vision is luxury apartments, serviced residences, or a gated residential estate, this property provides the scale, location, and investment security needed for long-term success.
Opportunities of this magnitude do not stay long on the market.
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