FOR SALE — Premium Apartments & Maisonettes in Prime Lekki Phase 1

📍 Lekki Phase 1, Lekki, Lagos  |  Title: Governor's Consent  |  Approved Building Plan & Registered Survey

Discover a rare opportunity to own an elegantly designed, fully serviced residence in one of Lagos’s most coveted addresses — Lekki Phase 1. Whether you are seeking a sophisticated home for urban living or a high-yield investment asset, these premium apartments and maisonettes deliver on every front: location, luxury, lifestyle, and lasting value.

Positioned in the heart of Lekki Phase 1 — Lagos’s most active and prestigious residential corridor — this development offers you the perfect blend of contemporary architecture, premium finishes, and world-class amenities, all backed by a clean Governor’s Consent title.

About Lekki Phase 1 — Lagos’s Premier Address

Lekki Phase 1 sits on Lagos Island and is widely regarded as the residential heartbeat of Lagos’s affluent class. Formerly known as Maroko, this neighbourhood has transformed into one of the most sought-after addresses in Nigeria, attracting high-net-worth individuals, expatriates, entrepreneurs, and celebrities alike. The area is celebrated for its proximity to Victoria Island, Ikoyi, and major commercial hubs, while maintaining a distinctly vibrant and community-oriented character.

Lekki Phase 1 is home to a thriving ecosystem of fine dining restaurants, rooftop bars, premium supermarkets, international schools, medical facilities, art galleries, and entertainment venues. The neighbourhood’s excellent road network — with major arteries including Admiralty Road and Freedom Way — ensures seamless connectivity across Lagos Island and beyond.

Why Lekki Phase 1 is the Smart Investor’s Choice

The numbers speak for themselves. Lekki Phase 1 is Nigeria’s highest-earning shortlet submarket, generating ₦93.78 billion in shortlet revenue in 2025 alone, leading all Lagos submarkets according to the Lagos Shortlet Market Report 2025 by Edala Development. With over 1,000 tracked listings, the area recorded an average daily rental rate of ₦226,000 and an average occupancy rate of 66%, climbing to an impressive 85% by December during peak season.

From a capital appreciation standpoint, property values in Lekki Phase 1 have appreciated between 2,817% and 4,400% over the past 14 years — one of the most remarkable real estate performances in West Africa. Mid-range apartments in the area currently command annual appreciation rates of 10–15%, while short-let units generate net yields of up to 6–11% annually when professionally managed. A well-located 2-bedroom shortlet apartment in Lekki Phase 1 can realistically generate between ₦20 million and ₦50 million annually in shortlet income.

Furthermore, rental prices across Lagos surged by over 80% year-on-year as of late 2025, with Lekki Phase 1 properties commanding some of the strongest premiums. With Lagos absorbing an estimated 800–1,000 new residents daily, demand for quality accommodation continues to vastly outpace supply — ensuring that your investment holds strong, appreciates consistently, and generates reliable income for years to come.

Available Units & Pricing

* Prices are subject to review. Early commitment is strongly advised. Flexible payment terms may be available — please enquire.

Unit Descriptions

2 Bedroom Apartments (Back & Front Units): Thoughtfully laid out with a generous open-plan living and dining area that flows seamlessly onto a private balcony. Each bedroom is fully ensuite, finished with walk-in showers, quality sanitary wares, and fitted wardrobes. The kitchen is fully fitted with premium appliances — including a built-in oven, extractor hood, and island countertop — designed for both functionality and aesthetic appeal. The front unit commands enhanced views and is particularly sought-after for shortlet investment.

2 Bedroom Maisonette: A rare offering — the maisonette provides the privacy and feel of a duplex within a fully serviced development. Spread across two private floors, this unit is ideal for families, senior executives, or investors targeting the premium shortlet segment. It offers enhanced separation between living and sleeping spaces, making it exceptionally suited for hosting.

3 Bedroom Apartment + BQ: The flagship unit of this development. Spacious, elegant, and versatile, with three fully ensuite bedrooms, an expansive living/dining area, a well-appointed kitchen, and a separate Boys’ Quarters for staff, a home office, or additional guest accommodation. Ideal for family living, corporate housing, or high-yield Airbnb operations.

Features & Amenities

🏗️ Building & Infrastructure

• Elevator access for all floors — zero-stress movement for residents and guests
• 24/7 uninterrupted power supply via dedicated transformer and backup generator
• Fully serviced development with professional facility management
• Reverse osmosis / treated water system for clean, safe water supply
• Bio-digester sewage system — eco-conscious and low maintenance
• CCTV surveillance cameras throughout the development
• Fire alarm and smoke detection systems — fully compliant safety infrastructure
• Stamped concrete flooring in common areas — a premium, durable finish
• Ample, dedicated parking spaces for residents and visitors

🏋️ Lifestyle & Recreation

• Fully equipped gym and fitness centre
• Serene courtyard / sit-out lounge for relaxation
• Private balconies with beautiful open views across the neighbourhood
• Landscaped greenery and well-maintained common areas

🔐 Security

• Tight, 24/7 manned security with gatehouse and controlled access
• CCTV monitoring covering entrances, exits, and common areas
• Secure estate within a serene and well-established neighbourhood
• Zero-flood zone — built with drainage infrastructure

🛋️ Interior Finishes

• All bedrooms are fully ensuite with quality sanitary wares
• Modern POP ceilings with ambient spotlights throughout
• Walk-in showers with premium fittings
• Spacious, well-ventilated living and dining areas
• Fully fitted kitchen with premium appliances — oven, extractor, island countertop
• Fitted wardrobes in all bedrooms
• Water heaters installed in all bathrooms
• Top-quality floor tiles / stamped concrete flooring
• Airy sit-out balconies for each unit

Investment Return Potential

Lekki Phase 1 remains Lagos’s most lucrative shortlet market with no signs of slowing. As a benchmark, comparable 2-bedroom serviced apartments in the area are currently renting at ₦15 million – ₦30 million per annum on long-term leases, and generating ₦20 million – ₦50 million per annum on shortlet platforms at occupancy rates that peak at 85% during the festive season (“Detty December”). Daily nightly rates for comparable premium units average around ₦150,000 – ₦226,000 per night, with 3-bedroom units commanding significantly more.

* Projections are estimates based on current market data for comparable properties in Lekki Phase 1. Actual returns depend on management quality, occupancy, and market conditions.

Perfect For

• 💼 Smart Investors seeking high rental yields and consistent capital appreciation in Lagos’s most proven market
• 🏡 Shortlet & Airbnb Operators looking to capitalise on Lekki Phase 1’s #1 ranking as Lagos’s top-earning shortlet submarket
• 🏢 Corporate Housing Providers catering to expatriates, senior executives, and visiting professionals
• 🌟 Stylish Urban Dwellers who desire luxury, convenience, and an enviable Lekki address
• 🌍 Diaspora Investors seeking a credible, titled property with strong income potential in Lagos

Location & Connectivity

Situated in the core of Lekki Phase 1, this development offers effortless access to:

• Victoria Island & Ikoyi — major business and diplomatic hubs, within a 10–20 minute drive
• Admiralty Road, Freedom Way & Adetokunbo Ademola Street — Lekki’s top commercial and dining corridors
• Top-rated international schools including American International School of Lagos (AISL), The Whiteplains British School, and more
• Premium supermarkets and retail — Shoprite, Ebeano Superstore, SPAR, and boutique stores
• Fine dining, rooftop bars & nightlife — Lekki Phase 1 is the social capital of Lagos
• Leading hospitals and clinics — Eko Hospital, Reddington Hospital, and more all within proximity
• Lekki Conservation Centre & waterfront attractions for leisure and wellness

Title & Legal Documentation

This property carries a Governor’s Consent — the highest and most secure form of land title in Lagos State — alongside an Approved Building Plan and a Registered Survey. These documents guarantee that your purchase is fully protected under Nigerian law, free from encumbrances, and eligible for mortgage financing if required.

• ✅ Governor’s Consent — strongest land title under Lagos law
• ✅ Approved Building Plan — fully compliant with Lagos State regulations
• ✅ Registered Survey — clearly defined, legally registered boundaries

Serious enquiries only. Inspections are available by appointment.
Flexible payment structures may be considered for qualified buyers. Prices are subject to review — early commitment is highly recommended as units are limited.

This listing is provided for informational purposes. All figures, projections, and market data are sourced from publicly available reports and current market comparables as at Q1 2026.