Residential land for sale
700 SQM Residential Land
Property Details Location: Osborne Phase 1, Ikoyi, Lagos Property Type: Residential Land Land Size: 700 SQM Asking Price: ₦3 Million per SQM net Indicative Land Price: ₦2.1 Billion Transaction: Sale Title: Federal C of O stated Zahari View This 700 SQM parcel in Osborne Phase 1, Ikoyi, is presented as a residential land opportunity for buyers considering individual development within an established high-value area of Lagos. At the stated rate of ₦3 Million per SQM net, the indicative land value is ₦2.1 Billion, excluding any applicable acquisition, professional or statutory costs. For a land purchase of this scale, buyers should establish the exact identity and physical characteristics of the parcel before proceeding. This includes confirming the exact plot, survey coordinates, dimensions, boundaries, access, surrounding properties, applicable setbacks and the permissible building envelope. Property Highlights 700 SQM land parcel Osborne Phase 1, Ikoyi Federal C of O stated ₦3 Million per SQM net Indicative value of ₦2.1 Billion Residential development potential, subject to applicable planning requirements Why This Property Deserves Attention a 700 SQM parcel provides a larger development footprint than smaller residential plots, but the practical development potential depends on the specific location, plot configuration and applicable planning controls. Before assessing the land purely on its size or asking price, buyers should establish what can legally and practically be developed on the site. Setbacks, access, building density, height restrictions and other planning requirements can materially affect the usable development envelope. Buyer's Perspective Prospective buyers should independently verify: Original title documentation Root of title and ownership Survey plan and coordinates Exact plot number and physical location Plot dimensions and boundaries Road access and right of way Applicable building setbacks Permitted land use Development density and building height Existing encumbrances or interests Planning and development requirements Applicable statutory and professional fees Investor / Buyer Note The stated asking rate is ₦3 Million per SQM net, giving an indicative calculation of ₦2.1 Billion for 700 SQM. This is a calculation based on the stated rate and does not represent a confirmed final transaction cost. The stated Federal C of O should be independently verified, together with the property's ownership history, survey details, boundaries, access and any existing encumbrances before payment or execution of a purchase agreement. For Enquiries & Inspections Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Prospective buyers should independently verify title, ownership, plot identity, survey coordinates, boundaries, access, planning requirements, permitted development and all applicable costs with appropriate legal, survey and planning professionals before committing to the purchase.
