For Sale: 1500sqm Of Supreme Land On Offer, Femi Okunu Road, Ikoyi, Lagos | Nigeria Property Centre (Ref: 3079811)

1500sqm Of Supreme Land On Offer

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Property Description

Listing Title:
Prime 1,500 sqm Land on Femi Okun's Road, Ikoyi --- Federal C of O ₦2,800,000 per sqm (₦4.2B)

Overview:
Rare opportunity to acquire a strategic 1,500 sqm land parcel on Femi Okun's Road, Ikoyi --- a highly sought‑after address on Lagos Island. Offered with a Federal Certificate of Occupancy (Federal C of O), this parcel is ideal for a bespoke residential mansion, multi‑unit luxury development, corporate/headquarters site, or high‑end mixed‑use project. Exceptional location for buyers seeking prestige, privacy and strong long‑term capital appreciation.

Key Details:

- Property type: Vacant land (prime residential/commercial potential)
- Size: 1,500 sqm
- Location: Femi Okun's Road, Ikoyi, Lagos
- Title: Federal Certificate of Occupancy (Federal C of O)
- Asking price: ₦2,800,000 per sqm
- Indicative total asking price: ₦4,200,000,000 (₦4.2 billion)
- Photos/survey: Available on request to verified buyers

Location & Strategic Advantages:

- Prestigious Ikoyi micro‑location --- close to key amenities, embassies, high‑end residences, offices and leisure nodes
- Excellent connectivity to major roads linking Ikoyi to Victoria Island and mainland Lagos
- Quiet, secure neighbourhood ideal for high‑end residential or institutional use
- Strong capital appreciation potential due to sustained demand for premium Ikoyi land

Potential Uses / Development Opportunities:

- Private luxury residence/mansion or multiple high‑end townhouses
- Serviced apartment or boutique residential development (subject to planning)
- Corporate headquarters, embassy/residence or high‑end private institution
- Mixed‑use development blending residential and professional uses (subject to approvals)

Title & Documents:

- Title: Federal C of O --- clear and transferrable (documents available for verification)
- Seller can provide survey plan, title documents and other supporting paperwork to qualified buyers on request

Due Diligence & Technical Considerations:
Prospective buyers should undertake standard checks, including:

- Title verification and chain of ownership (confirm Federal C of O particulars)
- Survey plan and boundaries verification on site
- Land use/zoning and planning permission requirements with Lagos State planning authorities
- Geotechnical/flood risk assessment and environmental checks where necessary
- Verification of access roads, utilities (water, power) and estate/infrastructure provisions

Price, Terms & Additional Costs:

- Price per sqm: ₦2,800,000
- Indicative total price for 1,500 sqm: ₦4,200,000,000
- Price is subject to negotiation based on terms, payment structure and confirmed due diligence
- Buyer to cover customary acquisition costs (legal fees, stamp duty, transfer fees, agency fees) unless otherwise agreed

Viewing & Next Steps:

- Site inspections and document review by appointment for serious/qualified buyers
- Photos, survey plan and title documents available on request after proof of seriousness
- Video/virtual tour can be arranged for out‑of‑town investors

Contact:
Message or call to request the C of O, survey plan, arrange a site visit, or discuss price and sale terms. Serious and qualified buyers will be prioritised.

Ref: Daka


Property Details

Property Ref: 3079811Added On: 07 Sep 2025Last Updated: 07 Sep 2025
Market Status: AvailableType: LandTotal Area: 1,500 sqm

Interesting Facts

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?

Leisure and Shopping

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

Popular Estates

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Day Life

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.

Night Life

Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.

Schools

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.

Read the full area guide for Ikoyi, Lagos.

Interested in this property?

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