For Sale: 7441sqm Of Prime And Premium Land On Offer, Probyn Road, Ikoyi, Lagos (Ref: 3079832)

7441sqm Of Prime And Premium Land On Offer

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Property Description

Listing Title:
Prime & Prestige 7,441 sqm Land at Probyn Road, Ikoyi ---
Title: Deed Of Assignment
Asking: ₦3,000,000 per sqm (₦22.323B)

Overview:
Outstanding opportunity to acquire a large, contiguous 7,441 sqm land parcel on Probyn Road, Ikoyi --- one of Lagos Island's most exclusive addresses. Offered with a Deed Of Assignment), this rare holding is ideal for a landmark private residence, high‑end multi‑unit development, embassy/corporate compound or mixed‑use project. Exceptional location, scale and clear title make this a strategic acquisition for investors, developers and high‑net‑worth buyers seeking a trophy asset in Ikoyi.

Key Details:

- Property type: Vacant land (prime residential/commercial potential)
- Size: 7,441 sqm
- Location: Probyn Road, Ikoyi, Lagos
- Title: Deed Of Assignment
- Asking price: ₦3,000,000 per sqm
- Indicative total asking price: ₦22,323,000,000
- Photos/survey/title documents: Available on request to verified buyers

Location & Strategic Advantages:

- Prestigious Probyn Road micro‑location --- close to Bourdillon, prestigious residences, embassies and corporate houses
- Excellent connectivity to Ikoyi, Victoria Island and key Lagos business districts
- Quiet, secure neighbourhood with limited comparable land availability --- strong scarcity value
- High demand for premium developments in this corridor, supporting superior capital appreciation and rental premiums

Potential Uses / Development Opportunities:

- Signature private mansion/estate or a cluster of luxury villas
- Serviced apartment development or ultra‑luxury condominium (subject to approvals)
- Corporate headquarters, embassy or institutional compound
- Boutique hotel or exclusive hospitality product (subject to planning)
- Master‑planned luxury redevelopment or phased parceling for targeted sales (seller to confirm parceling options)

Title, Documents & Transfer:

- Title: Deed Of Assignment--- original documents available for verification by serious buyers
- Seller can provide survey plan, chain of title documentation and other supporting paperwork upon request

Due Diligence & Technical Considerations:
Prospective buyers are advised to carry out the following prior to exchange:

- Title and chain of ownership verification
- Boundary verification and on‑site survey to confirm exact measurements
- Zoning/land‑use and planning consent checks with Lagos State planning authorities
- Geotechnical and flood risk assessments, particularly for large‑scale development planning
- Utility and infrastructure availability checks (access roads, power, water, drainage)
- Any estate or neighbourhood-specific approvals required (if within managed enclave)

Price, Terms & Additional Costs:

- Asking price: ₦3,000,000 per sqm
- Indicative total: ₦22,323,000,000
- Price subject to negotiation based on payment terms, proof of funds and due diligence outcomes
- Buyer responsible for customary acquisition costs (legal fees, stamp duty, transfer fees, agency fees) unless otherwise agreed

Viewing & Next Steps:

- Site inspections and document review available by appointment for serious/qualified buyers
- Photo gallery, survey plan and copies of title documents can be provided to verified purchasers
- Video/virtual tour available on request
- Recommended next steps: request documents, schedule site visit, instruct legal/title search and commission technical surveys

Contact:
Message or call to request the C of O and survey plan, arrange a viewing or discuss parceling and payment options. Only serious and qualified buyers will be prioritised.

Ref: Daka


Property Details

Property Ref: 3079832Added On: 07 Sep 2025Last Updated: 07 Sep 2025
Market Status: AvailableType: LandTotal Area: 7,441 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?

Call 0902 XXXX Show Phone
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