Commercial land for sale
Commercial Land Plot with Governor's Consent Title
Prime Commercial Plot For Sale Directly on Orchid Road, Lekki, Lagos 1,200 SQM Direct Orchid Road Frontage Right Before the Roundabout Governor's Consent ₦1.2 Billion ≈ ₦1,000,000 per SQM Property Overview - Location: Orchid Road, Lekki, Lagos (right before the roundabout, close to the expressway). - Land Size: 1,200 SQM. - Plot Type: Commercial plot directly facing Orchid Road. - Title: Governor's Consent. - Asking Price: ₦1,200,000,000. - Price per SQM: ₦1,000,000. - Status: Vacant commercial land, ready for immediate development. Key Highlights - Direct Orchid Road Frontage: Unmatched visibility and accessibility on one of Lekki's busiest and most prestigious commercial corridors. - Strategic Positioning: Located right before the roundabout and close to the expressway, ensuring high traffic flow and easy access from multiple directions. - Strong Governor's Consent Title: A secure, state-granted title that provides legal confidence and facilitates financing and resale. - Large Commercial Footprint: 1,200 SQM offers ample space for a landmark commercial development with parking and amenities. - Competitive Pricing: At ₦1M per SQM, this is attractively positioned for a titled commercial plot in such a high-demand location. Development Potential This plot is ideal for a high-impact commercial project: - Shopping Plaza or Retail Complex -- capitalise on high traffic and visibility. - Corporate Office Building -- for companies seeking a prominent Lekki address. - Hotel or Serviced Apartments -- cater to business and leisure travellers. - Showroom or Auto Dealership -- maximum brand exposure. - Mixed-Use Development -- ground floor retail with offices or residences above. - Bank Branch or Financial Centre -- convenient and visible location. Location Benefits -- Orchid Road, Lekki - High-Traffic Corridor: Orchid Road is a major artery connecting the Lekki-Epe Expressway to Lekki Phase 1 and Ikoyi/Victoria Island. - Proximity to Expressway: Quick access to the Lekki-Epe Expressway, ensuring easy connectivity to Ajah, Ikoyi, Victoria Island, and beyond. - Established Neighbourhood: Surrounded by residential estates, schools, shopping centres, and other commercial developments. - Growing Demand: Orchid Road continues to attract premium residential and commercial activity, driving land values upward. - Future Appreciation: Infrastructure improvements and population growth support strong long-term capital growth. Investment Value - Asking Price: ₦1.2 Billion. - Price per SQM: ₦1,000,000. - Market Context: For a commercial plot with direct frontage on Orchid Road and a Governor's Consent title, this price is competitive and reflects the premium location. - Income Potential: A commercial development here can generate strong rental yields from retail, office, or hospitality tenants. - Capital Appreciation: Land values on Orchid Road have shown consistent appreciation due to limited supply and high demand. Sale Opportunity a prime commercial plot in a high-visibility, high-traffic location. Perfect for developers or business owners looking to establish a landmark presence on Orchid Road. Ideal For: - Commercial real estate developers. - Retail chains and franchises. - Hotel and hospitality investors. - Corporate organisations seeking a flagship location. - High-net-worth portfolio investors. Next Steps: - Site Inspection. - Title Verification (Governor's Consent at the Lagos State Lands Bureau). - Purchase Negotiation. - Closing & Handover. Orchid Road + 1,200 SQM Commercial Plot + Governor's Consent + ₦1.2B -- a rare high-visibility opportunity. Serious inquiries only -- direct mandate.