Commercial property for rent
4, 000 SQM Bare Land for Lease
Location: Temple Road, Ikoyi, Lagos Property Type: Bare Land Land Size: 4,000 SQM Lease Period: 10 Years Payment Structure: 5 Years Upfront Annual Lease Rate: ₦400,000,000 Transaction: Lease Zahari View a substantial 4,000 SQM bare landholding on Temple Road, Ikoyi, available for a long-term lease of up to 10 years. The size and location of the property make it a potentially attractive opportunity for businesses, developers and investors seeking a strategically positioned site within Ikoyi's premium real estate market. With a 10-year lease period and five years' rent payable upfront, the property may be particularly relevant to occupiers planning a substantial commercial, institutional or other approved development requiring a longer-term site commitment. Why This Property Deserves Attention Prime Temple Road, Ikoyi location Substantial 4,000 SQM land area Long-term 10-year lease opportunity Five years' payment upfront Positioned within one of Lagos' established premium property districts Potentially suitable for commercial, institutional or other approved uses Relevant to developers, corporates and investors seeking strategic land within Ikoyi Lease Structure Annual Lease Rate: ₦400,000,000 Lease Period: 10 Years Payment: 5 Years Upfront At the stated annual rate, the five-year upfront rent represents ₦2 Billion, before any applicable fees, taxes, charges or other agreed transaction costs. Investor / Occupier Note Prospective lessees should conduct appropriate due diligence on the lessor's title and authority to lease, survey and boundaries, permitted use, planning and zoning requirements, development approvals, lease terms, renewal provisions, infrastructure responsibilities and applicable statutory charges before committing to the transaction. The intended use should be confirmed with the relevant authorities and property representatives before development. Documentation: Available for verification upon serious interest and vendor/lessor authorisation. Interested in Ikoyi Property Opportunities? Explore premium property opportunities, location insights and Nigerian real estate intelligence at: Zahari Hub Stay Ahead of New Property Opportunities Join Zahari's WhatsApp Channel for premium listings, property updates and investment insights. Zahari Properties WhatsApp Channel Zahari Properties 0803 384 8156 0907 301 3359 @zahariproperties