Residential land for sale
L&k Estate, Owode Langbasa, Ajah, Lekki,, Ajah, Lagos
Land for sale l&k estate, owode langbasa, ajah, lekki
4 plots survey & deed of assignment ₦220 million asking price
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property overview
- location: l&k estate, owode langbasa, ajah, lekki, lagos -- a growing residential corridor with improving infrastructure and access.
- size: 4 standard plots (approx. 600 sqm each, total ~2,400 sqm).
- asking price: ₦220,000,000.
- price per plot: ₦55,000,000.
- estimated price per sqm: ₦91,667 (based on 2,400 sqm total).
- title: survey plan & deed of assignment -- a legally recognized transfer document. conversion to governor's consent is required for full title perfection.
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key highlights
- estate advantage: l&k estate offers planned layout, security, and basic amenities, providing a more organized environment compared to non-estate locations in the area.
- multi-plot opportunity: ideal for a developer or group looking to execute a cohesive project such as a mini-estate, cluster development, or phased residential construction.
- strong starter title: the survey and deed of assignment provide a solid foundation for ownership verification. buyer will need to process and fund the conversion to governor's consent for full title security.
- ajah growth corridor: owode langbasa is positioned within the expanding lekki-ajah axis, offering strong potential for medium-term appreciation.
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️ development potential
perfect for:
- a gated community of 4--6 luxury semi-detached or terrace houses.
- a block of 8--12 medium-density apartments.
- staged development of 4 individual luxury villas.
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market context
- pricing insight: at ~₦92k per sqm, this is competitively priced for an estate land package in this part of ajah, considering the title status and growth potential of the corridor.
- target buyers: residential developers, cooperative societies, family trusts, or investors seeking a manageable multi-plot project with clear documentation.
- title note: while the deed of assignment is valid, prospective buyers should budget for and undertake the process of obtaining the governor's consent to secure the title for the long term and enhance bankability.
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a practical and scalable land package within a secured estate, suitable for a developer or investor entering the ajah residential mark...
More details
Added Yesterday
₦220,000,000
Ac Valour International
08036503218