4 Bedroom Terrace

Property Ref : 3652825

4 bedroom terraced duplex for sale

Off Admirality Way, Lekki Phase 1, Lekki, Lagos

₦650,000,000

Features

Off Admiralty Way, Lekki Phase 1.
4 Bedrooms. Terrace Duplex with BQ. 650,000,000.
Fully Fitted and Finished. Registered Deed of Assignment. Global C of O.
The Comparable Property on This Exact Road Is Asking 700,000,000. Here's Why This One Doesn't Need To.

The problem

There's a specific frustration in being a corporate professional who has finally decided to stop renting --- and then discovers that "Lekki Phase 1, 4-bedroom terrace" covers everything from a 375,000,000 basic unit to a 1,400,000,000 fully detached showpiece, with no obvious way to tell which number reflects genuine value and which one is just aspirational pricing.

Every evening spent renting ends the same way: surviving the commute, coming home to a landlord's decisions about the generator, the security, the unannounced inspection. The frustration of finally being ready to buy --- and then hitting a market where identical-sounding listings can differ by hundreds of millions of naira --- is its own kind of exhausting.

This listing removes that guesswork. A 4-bedroom terrace duplex with BQ, off Admiralty Way, Lekki Phase 1. Fully fitted and finished. Registered Deed of Assignment and Global C of O. 650,000,000. And there's a specific, checkable reason this number makes sense: a semi-detached 4-bedroom on this exact same road is currently asking 700,000,000.

The agitation

Here's what's actually trading in Lekki Phase 1's 4-bedroom terrace segment right now, and where this listing sits against it.

A basic 4-bedroom terraced duplex, no pool or gym mentioned, is listed at 375,000,000. a similarly basic unit is listed at 400,000,000, and another at 460,000,000. Step up to a genuinely comparable spec --- pool, gym, BQ, study --- and a 4-bedroom terrace on Governor's Consent title is listed at 450,000,000. Two separate 4-bedroom terrace listings, both with pool, gym, and BQ, both on Lagos State C of O, are asking 550,000,000 each. And on this exact road --- off Admiralty Way, Lekki Phase 1 --- a 4-bedroom semi-detached duplex with BQ is currently listed at 700,000,000.

This listing --- 650,000,000, on the same road as that 700,000,000 comparable --- sits just below it, while carrying a Registered Deed of Assignment backed by a Global Certificate of Occupancy, a stronger title position than the Governor's Consent seen on several of the 450,000,000--550,000,000 comparables. That combination is the actual story here: same-road pricing validation from the 700,000,000 comparable, plus a title tier above most of the mid-market alternatives, at a price that still sits below the most direct same-street comparable.

The solution

A 4-bedroom terrace duplex with BQ, off Admiralty Way, Lekki Phase 1. Fully fitted and finished to taste. Registered Deed of Assignment. Global Certificate of Occupancy. 650,000,000.

Here is what each element actually delivers:

Off Admiralty Way --- the same road as this segment's clearest comparable. The 700,000,000 semi-detached listing on this exact street isn't a distant reference point; it's a direct, current, same-address confirmation of what buyers are already paying for comparable space here. This listing's 650,000,000 sits credibly below it.

Registered Deed of Assignment plus Global Certificate of Occupancy. A stronger title combination than the Governor's Consent title carried by several of the 450,000,000--550,000,000 comparables --- genuinely relevant for a buyer who wants the strongest documentation available before committing capital of this size.

Fully fitted and finished to taste. No renovation project, no finishing budget to plan for after closing --- move in with furniture, not contractors.

Swimming pool, elevator. A pool matches the amenity tier of the 450,000,000--550,000,000 comparables, but an elevator is a genuine differentiator most of those listings don't mention --- a meaningful convenience across a multi-floor terrace, especially for a household with children, older parents, or simply groceries to carry upstairs daily.

Boys' quarters (BQ). Staff housing on your own footprint, consistent with what every serious comparable in this segment includes.

24/7 power supply, standby generator, borehole, treated water. Utility independence from a landlord's maintenance schedule --- the daily frustration most rented flats never fully solve.

Security gate, perimeter fencing, burglar proof, CCTV surveillance, security/gateman, intercom, fire safety. A full layered security profile appropriate to a property at this price point.

Why this beats the alternatives on the table. The 375,000,000--460,000,000 comparables cost less but skip the pool, gym, and elevator this listing includes. The 450,000,000--550,000,000 comparables match the amenity tier but carry a weaker Governor's Consent title. The 700,000,000 same-road comparable validates the location's value but costs 50,000,000 more for a semi-detached configuration rather than this listing's terrace format.

The call to action

650,000,000. 4-bedroom terrace duplex with BQ, off Admiralty Way, Lekki Phase 1. Fully fitted and finished. Registered Deed of Assignment. Global C of O.

The buyer for this unit has already seen what a comparable property on this exact road is asking, and is looking for the version of that same location priced sensibly below it, without sacrificing title strength.

Call or WhatsApp Smilebay Realties: +234 901 517 4801.

Viewing by appointment. Title documentation available for immediate solicitor review.

The comparable on this exact road is already asking 700,000,000.
The title here is already stronger than most of the mid-market alternatives.
The only thing left to decide is whether you close before this one moves toward that same-road number too.

Property Type: Terraced Duplex --- For Sale
Bedrooms: 4 --- Bathrooms: 4 --- Toilets: 5
Price: 650,000,000
Finishing: Fully fitted and finished to taste
Title: Registered Deed of Assignment + Global Certificate of Occupancy
Location: Off Admiralty Way, Lekki Phase 1, Lekki, Lagos

Interior & Finishing: Fitted kitchen --- pop ceiling --- Built-in wardrobes --- Tiled floors --- Guest toilet

Power & Utilities: 24/7 power supply --- Standby generator --- Borehole --- Treated water --- High-speed internet/WiFi

Security: Security gate --- Perimeter fencing --- Burglar proof --- CCTV surveillance --- Security/gateman --- Intercom --- Fire safety

Outdoor & Communal: Swimming pool --- Boys' quarters (BQ) --- Car park --- Balcony --- Outdoor lighting --- Elevator

NPC/Market Comparable Context (Lekki Phase 1, 4-bedroom terrace/semi-detached):
4-bedroom terrace, basic spec --- 375,000,000--460,000,000
4-bedroom terrace, pool + gym + BQ + study, Governor's Consent --- 450,000,000
4-bedroom terrace, pool + gym + BQ, serviced, Lagos State C of O --- 550,000,000 (two comparable listings)
4-bedroom semi-detached w/ BQ, off Admiralty Way (same road as this listing) --- 700,000,000
Average 4-bedroom property, Lekki Phase 1 --- 423,000,000--700,000,000 (source-dependent)
This listing: 4-bedroom terrace w/ BQ, off Admiralty Way --- 650,000,000

Posted: 2 September 2026
Listed by: Smilebay Realties Limited --- Ref: #365-282-5

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