Residential land for sale
30 Hectares of Residential Land
30 Hectares coastal road frontage iberekodo scheme a large-scale land banking & development opportunity a strategic 30-hectare landholding is available along the Lekki Coastal Road Corridor, at Magbon Eleko / Iberekodo Scheme. Positioned for investors and developers seeking substantial land exposure within one of Lagos' expanding coastal development corridors. Property Snapshot Location: Magbon Eleko / Iberekodo Scheme Land Size: 30 Hectares Position: Facing the Coastal Road Title: Certificate of Occupancy (C of O) Approximate Yield: 450 plots Asking: ₦40 Million per plot Indicative Bulk Value: Approximately ₦18 Billion. WHY this opportunity matters 01 --- scale 30 hectares provides sufficient land mass for a properly planned large-scale residential, mixed-use or investment development, subject to applicable approvals. 02 --- Strategic corridor The property sits within the broader Lekki Coastal Road development corridor, giving investors exposure to an area undergoing significant infrastructure and real-estate activity. 03 --- Coastal road frontage Direct positioning along the corridor provides strong visibility and accessibility considerations for future development. 04 --- Title The property is held under a Certificate of Occupancy within the Iberekodo Scheme, with documentation available for independent verification and due diligence. 05 --- Multiple Development Strategies Potential strategies include: - Long-term land banking - Phased estate development - Residential development - Mixed-use development - Institutional acquisition - Strategic land aggregation All development concepts remain subject to planning, zoning, infrastructure and statutory approvals. Ideal for Estate Developers Institutional Investors Family Offices Strategic Land Bankers Development Funds This is not positioned as a conventional individual-plot transaction. It is a large-scale acquisition opportunity designed for investors who understand the value of controlling substantial land within a strategic growth corridor. Due diligence Serious parties may undertake: Physical inspection Title verification Lagos Land Registry searches Survey/document verification Planning and development enquiries Commercial/legal due diligence asking: ₦40M / plot price : ₦18B For confidential discussions, documentation and inspection arrangements: N.e.w.s Realty Limited +234 813 714 3886 +234 813 743 9166
