Land prices in Graceland Estate, Ondo
Graceland Estate is a gated estate in Akure, Akure South LGA, Ondo, in the high-income zone. Residential land is about ₦17,000 per m², so a typical 600 m² plot is about ₦10.2m. Location approximate (taken from listing addresses).
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| Typical 600 m² plot | ₦10.2m | residential |
| Land: residential | ₦17,000 | per m² |
| Land: commercial | ₦47,421 | per m² |
| Land: industrial | ₦24,497 | per m² |
| Building: 2-bed flat | ₦40.4m | asking price |
| Building: 3-bed flat | ₦47.2m | asking price |
| Building: 4-bed house | ₦63m | asking price |
| Building: 5-bed house | ₦77.7m | asking price |
| Rent: 1-bed / mini flat | ₦589,510 | per year |
| Rent: 2-bed flat | ₦814,953 | per year |
| Rent: 3-bed flat | ₦1.4m | per year |
| Rent: 4-bed house | ₦2.8m | per year |
| Rent: shop or office | ₦10,409 | per m² per year |
Akure South LGA as a whole: ₦5,700 per m² median. Coordinates 7.25520, 5.18880.
Questions people ask
How much is a plot of land in Graceland Estate, Ondo?
A typical 600 m² residential plot in Graceland Estate, Ondo is about ₦10.2m (around ₦17,000 per m²) in asking prices as of October 2026. Commercial land is about ₦47,421 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Graceland Estate, Ondo?
About ₦1.4m a year for a 3-bedroom flat, ₦814,953 for a 2-bedroom flat and ₦589,510 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Graceland Estate, Ondo?
Asking prices for a 4-bedroom house in Graceland Estate, Ondo are around ₦63m; a 3-bedroom flat around ₦47.2m (October 2026).