Investing in land is what some of the richest investors the world over do. Renting a land in Lekki allows for use in basically commercial ventures. Although it is impossible to construct a permanent structure on a rented or leased land, there are several ways they can be put to good use. Makeshift outlets like car wash and mechanics workshop which are not permanent structures can be located on a land for rent.
Lekki lands for rent are suitable for mixed purposes and a majority of them are gated and fenced ensuring the security against potential theft or trespassing for whatever business use it is employed for. Just as with any other property, the location of the lands for rent in relation to roads, other housing developments is a huge factor which determines the rental price.
Some of the lands for rent in Lekki are available for long lease while others are for short lease. A 2000 square metre land in Lekki Phase 1 can lease for up to ?20,000,000 per year for a period of 10 years. The same plot of land for rent in Osapa London may cost about ?10,000,000 for annual lease.