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For rent: 3000sqm Of Land With A Building & An Old Duplex

Old Ikoyi Lagos

₦ 150,000,000/year

Land For Rent Old Ikoyi Lagos

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Property Type Land
Sqm 3K
Added 21 Aug 2025

Updated 03 Jun 2026

Description

3000sqm of Land with a Building and An Old Duplex in Old Ikoyi, Ikoyi, Lagos

This is a rare opportunity to lease 3,000sqm of prime land with an existing building and an old duplex in the prestigious Old Ikoyi, Lagos. The property is offered on a 10-year lease structure, with payment terms spread across two phases: an initial 5-year payment and the balance payable at the expiration of the first 5 years.

Strategically located in one of Lagos’ most exclusive neighborhoods, the land presents immense potential for redevelopment into luxury residences, corporate offices, schools, or hospitality projects. Its generous size, prime location, and flexible payment arrangement make it an attractive option for investors and developers seeking long-term value in Ikoyi’s thriving real estate market.

Price: N150,000,000 yearly

N.B: Duration is 10 years. To pay for 5 years and pay for the balance of 5 years at the expiration of the first 5 years.

Image Code: CPP LD131

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