Commercial land for sale
Off Macdonald Road, Ikoyi, Lagos
Hot sale in ikoyi off macdonald
4,000 sqm vacant land fully fenced lasg c of o (70 years residue) ₦4.5m per sqm
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property overview
- location: off macdonald road, ikoyi, lagos -- a prime, high-value district.
- land size: 4,000 sqm.
- title: lagos state certificate of occupancy (c of o) with 70 years residue.
- asking price: ₦18,000,000,000 (₦4,500,000 per sqm).
- status: vacant, fully fenced, and ready for development.
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key highlights
- prime ikoyi location: off macdonald places this land in one of the most prestigious and sought-after neighbourhoods in lagos, ideal for high-end residential or luxury mixed-use development.
- large & secure parcel: at 4,000 sqm, this is a sizable plot in core ikoyi, already fully fenced for security and privacy.
- strong title: lagos state c of o with 70 years remaining provides a solid, bankable title for investors and developers.
- immediate development ready: vacant and fenced, allowing for swift commencement of construction after design approvals.
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️ development potential
given the size and location, this land is perfect for:
- a luxury gated residential estate with multiple villas or townhouses.
- a high-rise apartment tower catering to upmarket tenants or buyers.
- a mixed-use development featuring premium retail, office space, and residential units.
- a corporate headquarters or diplomatic mission with room for amenities and parking.
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market context
- premium pricing at ₦4.5m/sqm: reflects the exclusivity of ikoyi, especially off macdonald, where land is scarce and in high demand.
- scale advantage: a 4,000 sqm plot in this location is a rare find, suitable for a landmark project with significant roi potential.
- target buyers: institutional investors, luxury developers, high-net-worth individuals, and corporate entities looking to establish a flagship presence in ikoyi.
an exceptional opportunity to acquire a large, titled, and ready-to-build parcel in the heart of ikoyi---ideal for a landmark developme...
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₦18,000,000,000
Ac Valour International
08036503218