50 Hectares Waterfront Plots

Property Ref : 3636263

Land for sale

Periwinkle Lifestyle Estate, Lekki Phase 1, Lekki, Lagos

₦350,000

Features

---

A rare opportunity to secure premium waterfront land within one of Lekki's emerging luxury waterfront development corridors.

Located at Long Island, in the neighbourhood of Orange Island, Lekki Foreshore and Periwinkle, just off Freedom Way, Lekki Phase 1, this expansive waterfront development presents an exceptional opportunity for investors, developers and visionary buyers looking to acquire land at an early stage of development.

The property consists of approximately 50 hectares of waterfront land currently undergoing reclamation from the Lagos Lagoon, creating a unique opportunity to participate in a major waterfront land acquisition before the development reaches a more mature stage.

With increasing demand for premium waterfront communities across Lekki, this offering is positioned for buyers seeking long-term property opportunities within a prestigious residential and investment environment.

Property Details

Location: Long Island, Off Freedom Way, Lekki Phase 1, Lagos

Neighbourhood: Orange Island, Lekki Foreshore & Periwinkle Axis

Property Type: Waterfront Land

Total Land Available: 50 Hectares

Land Status: Currently Undergoing Reclamation

Price: 350,000 per SQM

Plot Sizes Available:

600 SQM
800 SQM
1,000 SQM

Transaction: Sale

Zahari View

Long Island represents an exciting waterfront investment opportunity within the Lekki Phase 1 corridor.

The development is strategically positioned within the growing luxury waterfront neighbourhood surrounding Orange Island, Lekki Foreshore and Periwinkle, making it particularly attractive to buyers who understand the long-term value of acquiring land within emerging premium communities.

Rather than purchasing completed waterfront property at significantly higher market values, this opportunity allows qualified buyers to secure waterfront land while the reclamation process is still underway.

For investors with a long-term outlook, early-stage waterfront developments often attract attention because of their future residential, lifestyle and development potential, although every buyer should independently assess the project's documentation, approvals, reclamation progress and contractual obligations before proceeding.

Why This Property Deserves Attention
Prime waterfront location in Lekki Phase 1
Located off Freedom Way
Within the Orange Island, Lekki Foreshore and Periwinkle neighbourhood
Approximately 50 hectares available
Waterfront land undergoing reclamation
Flexible plot sizes of 600, 800 and 1,000 SQM
Attractive entry opportunity at 350,000 per SQM
Suitable for investors and developers
Premium luxury waterfront environment
Direct instruction from the property owners as stated by the vendor
Price increase expected as stated by the vendor
Waterfront Investment Opportunity

Waterfront land continues to attract significant interest from investors because of its limited nature and lifestyle appeal.

Long Island provides buyers with an opportunity to participate in a developing waterfront environment positioned close to established luxury communities within Lekki.

The property's proximity to premium neighbourhoods including Orange Island, Lekki Foreshore and Periwinkle enhances its strategic relevance for buyers seeking future residential or investment opportunities.

Available plot sizes provide flexibility for different acquisition strategies, whether purchasing for a private luxury residence, future development or long-term land banking.

Buyers interested in multiple plots may also discuss acquisition opportunities directly with the vendor, subject to availability and agreed terms.

Plot Options
600 SQM Plot

Suitable for buyers planning a premium residential development while maintaining manageable land acquisition requirements.

800 SQM Plot

Provides additional space for buyers seeking a larger residential footprint within the waterfront development.

1,000 SQM Plot

An excellent option for buyers intending to develop a substantial luxury residence or hold a larger waterfront land asset for future investment purposes.

All development plans remain subject to applicable planning approvals and statutory regulations.

Documentation

The property is offered with the following documentation status as supplied by the vendor:

NIWA Approval
Certificate of Occupancy (C of O) --- In Process

Prospective buyers should independently verify the documentation, approval status, reclamation permissions, ownership structure, survey information and every contractual document through qualified legal and property professionals before making payment.

Investor Note

This property is particularly suited to buyers with a long-term investment perspective.

Since the land is currently undergoing reclamation, purchasers should carefully evaluate the reclamation timeline, development programme, infrastructure delivery, contractual obligations, payment terms and handover conditions before completing the transaction.

Buyers should not rely solely on marketing information but should conduct comprehensive legal, technical and financial due diligence to ensure the acquisition aligns with their investment objectives.

The stated expectation of a future price increase should also be treated as vendor information and independently assessed rather than relied upon as a guaranteed investment outcome.

Ideal For
High-net-worth property investors
Luxury residential developers
Real estate development companies
Land banking investors
Corporate property portfolios
Buyers seeking premium waterfront plots
Families planning future luxury homes
Serious Enquiries

Private consultations, additional property information, plot availability and inspection arrangements can be organised for qualified buyers upon serious interest and vendor authorisation.

Secure an opportunity to acquire premium waterfront land within one of Lekki's emerging luxury waterfront destinations.

Contact Zahari Properties

Call / WhatsApp

0803 384 8156

0907 301 3359

Website: www.zaharihub.com

Zahari Properties

Premium Property Sales Land Acquisition Luxury Real Estate Investment Opportunities

Disclaimer: All property information, plot availability, price, documentation status, reclamation progress and development details are subject to verification and confirmation by the vendor and relevant authorities. Buyers are advised to conduct independent legal, technical and financial due diligence before entering into any property transaction.

Contact