Land for sale
Ajah, Lagos
Premium opportunity ---
distressed land sale in royal garden estate (b zone)
location: royal garden estate
plot size: 1,200 sqm
title: deed of sublease & cofo (certificate of occupancy) ---
documents available for verificationzoning: b zone ---
development capacity for 2 residential units
(buyer to confirm with planning authority)
price: ₦415,000,000 (four hundred and fifteen million naira) --- net
overview
an exceptional, below‑market opportunity in royal garden estate --- 1,200 sqm of prime estate land offered as a distressed sale. the parcel is located in a desirable, secured residential estate and is zoned b, allowing development of two residential units. this is marketed as a fast, single‑transaction sale for serious cash buyers and investors seeking rapid acquisition and repositioning.
key selling points
- prime estate location: royal garden estate --- secure, well‑managed community with high capital appreciation potential.
- compact high‑value plot: 1,200 sqm in an estate setting --- ideal for two high‑end detached homes or a bespoke duplex development.
- clear documentary basis for sale: deed of sublease and cofo (certificate of occupancy) --- title documents available for review.
- distressed sale / motivated seller --- priced to move: ₦415m net.
- attractive for developers, property investors, high‑net‑worth buyers and those seeking ready‑to‑build estate plots.
zoning & development potential
- zoning classification: b zone (as stated) --- permits the construction of two residential units (buyer to confirm permitted coverage, far, setbacks and allowable storeys with the planning authority).
- ideal uses: two luxury detached residences, semi‑detached villas, or a bespoke single‑owner compound with extensive private gardens.
- preliminary planning considerations: setbacks, coverage limits and infrastructure connections should be confirmed during technical due diligence.
title & legal
- title offered: deed of sublease and cofo --- seller will provide certified copies for verification.
- recommended actions: legal confirmation of title status, verification of sublease terms (duration, covenants and any government conditions), and confirmation that all estate levies/dues are current.
price & commercial terms
- asking price: ₦415,000,000 (net).
- net price means the seller expects the stated amount as proceeds --- any transfer taxes, stamp duties, legal fees or agency fees to be clarified/assumed in the sale agreement. ask for confirmation of who bears statutory costs.
- offers will be considered from pre‑qualified, serious buyers only.
confidentiality
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
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₦415,000,000
The Build Centre Properties
09028190510