7.5 Acres / 30,000 SQM Commercial Bulk Land

Property Details Location: Chevron, Lekki, Lagos Property Type: Bulk Land Land Size: Approximately 7.5 Acres / 30,000 SQM Asking Price: ₦1,000,000 per SQM Total Land Value: ₦30,000,000,000 (₦30 Billion) Minimum Purchase: 4,000 SQM Transaction: For Sale Zahari View This bulk land opportunity is located in Chevron, Lekki, Lagos, and offers a sizeable landholding for developers and investors assessing real estate opportunities along the Lekki corridor. With an approximate area of 30,000 SQM and an asking price of ₦1 million per SQM, the full parcel has a stated total value of ₦30 billion. The minimum purchase option of 4,000 SQM may provide flexibility for buyers who do not intend to acquire the entire landholding, subject to confirmation of the subdivision arrangement and the applicable transaction terms. For prospective buyers, the key consideration is how the land aligns with their intended use, development budget and investment timeline. The permitted land use, title documentation, access, infrastructure and applicable planning requirements should be independently verified before any purchase decision is made. Property Highlights Approximately 30,000 SQM of land. Equivalent stated size of approximately 7.5 acres. Located in Chevron, Lekki, Lagos. Asking price of ₦1,000,000 per SQM. Total stated land value of ₦30 billion. Minimum purchase option of 4,000 SQM. Potential opportunity for developers and investors considering projects in the Lekki corridor. Any proposed development is subject to applicable land-use and planning requirements. Why This Property Deserves Attention The size of the land makes it worth assessing for buyers whose projects require a substantial site. The minimum purchase option may also widen the range of potential buyers by allowing consideration of a smaller portion rather than requiring acquisition of the entire parcel, subject to the seller's terms and the legal feasibility of subdivision. For developers, the next step is to establish what can legally and practically be built on the site. Permitted use, development density, building height, setbacks, access roads, drainage, utility availability and planning approvals can all influence project feasibility and overall costs. Investors considering the property for future resale or development should evaluate the acquisition price alongside current market evidence, holding costs, transaction expenses and their intended investment horizon. Future appreciation and returns should not be assumed without independent market and financial analysis. Buyer's Perspective: What to Verify Before proceeding with an offer, prospective buyers should confirm: Exact land boundaries and surveyed area. Title documents and the seller's legal authority to transfer ownership. Ownership history and any encumbrances or disputes. Permitted land use and applicable planning regulations. Whether the 4,000 SQM minimum purchase can be legally subdivided and documented. Access roads and the condition of surrounding infrastructure. Drainage, flood-risk considerations and utility availability. Building setbacks, density limits and other development restrictions. Applicable statutory charges, transaction fees and other financial obligations. Payment terms, completion conditions and transfer procedures. A physical inspection and independent legal, surveying and planning due diligence are recommended before committing to the transaction. Investor / Buyer Note Based on the stated asking price of ₦1,000,000 per SQM, the indicative figures are: Full 30,000 SQM parcel: ₦30,000,000,000 (₦30 billion). Minimum 4,000 SQM purchase: ₦4,000,000,000 (₦4 billion). These calculations exclude any additional fees, taxes, professional costs or other transaction expenses that may apply. The approximate land area and subdivision details should be confirmed against the survey and sale documentation. The most important step is to establish the property's legal status, permitted development parameters and acquisition conditions before preparing a project budget or making a final investment decision. For Enquiries & Inspections Phone: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: This listing is based on the information provided and does not constitute independent verification of the property, title, price or development potential. Prospective buyers should independently confirm the land size, boundaries, ownership, title documentation, subdivision terms, permitted use and all transaction conditions before proceeding.