Key details

Type

Residential Land

Address

Lekki phase 1

Listing by

Agent

Property Use

Residential

Square meters

856 sqm

Type of Purchase

Outright Price

856.133 Sqm Land with Old Duplex, Lekki Phase 1 Highlights

• Prime Location — Residential land in Lekki Phase 1 offers a sought-after address known for its developed infrastructure and proximity to key amenities. This area is a popular choice for homeowners and investors.
• Generous Plot Size — A plot of 856 square meters provides ample space for building a substantial family home or multiple units, depending on local zoning regulations. This size allows for flexible architectural designs and outdoor living areas.
• Residential Zoning — Properties zoned for residential use are designated for housing. This ensures the neighbourhood maintains a focus on living spaces and community, with potential for future development.
• Outright Purchase Option — An outright purchase means you acquire full ownership of the land without ongoing financial obligations like mortgage payments. This offers immediate control and investment security.
• Developed Neighbourhood — Lekki Phase 1 is an established area with access to essential services and infrastructure. Buyers can expect a well-connected environment with a range of facilities nearby.

Description

• 856.133 square meters of land with an existing 7-bedroom detached duplex and 2-room BQ. • Property is zoned for mixed-use, offering flexibility for development. • Located off Admiralty Way in the prime Lekki Phase 1 area. • Title is a Certificate of Occupancy (C of O), ensuring clear ownership. • Pictures are available upon request for serious buyers. • This is a significant land parcel in a highly sought-after commercial and residential hub.

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