For sale: Prime 8,300sqm Residential Land

CWL2028
"An exceptional opportunity to acquire 8,300sqm of prime residential land in the prestigious Old Ikoyi area of Lagos. The property is situated within a designated residential zone and offers an attractive development opportunity for investors and developers seeking to establish a luxury residential project in one of Lagos’s most sought-after neighbourhoods.

An additional 3,000sqm of land reclamation is currently ongoing, which is projected to increase the total land area to approximately 11,300sqm upon completion.

Property Details
Existing Land Size: 8,300sqm
Additional Reclamation: 3,000sqm (ongoing)
Projected Total Land Size: 11,300sqm
Location: Old Ikoyi, Banana Island Axis, Lagos
Title: Federal Certificate of Occupancy (C of O)
Zoning: Designated Residential Zone
Development Suitability: Luxury residential development

Development Potential
The substantial land area and residential zoning make this property suitable for a high-end residential development, subject to the necessary planning and development approvals.

Price
Price per sqm: ₦5,500,000
Total Asking Price for Existing 8,300sqm: ₦45,650,000,000 (₦45.65 Billion)

The additional 3,000sqm reclamation is ongoing and is not included in the existing land area or the calculated asking price above."

For more Information, Pricing and Private Viewings

Please Contact:

Rose: [redacted]

Lilian: [redacted]

Email: [redacted]

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