Prime 20000sqm Of Development Land With Huge Potential

Listing Title:
Prime 20,000 sqm Land ---
Ikoyi Crescent, Ikoyi ---
Title: C of O
₦3,500,000 per sqm (₦70.0B)

Overview:
Rare opportunity to acquire a large, contiguous 20,000 sqm land parcel on Ikoyi Crescent --- one of Lagos Island's most prestigious corridors. Offered with a Certificate of Occupancy (C of O), this prime holding is suitable for high‑end residential estates, luxury multi‑unit developments, embassy/corporate compounds, hospitality or mixed‑use masterplans. Scarcity of comparable large parcels in Ikoyi makes this a strategic acquisition for institutional investors, developers and high‑net‑worth buyers seeking a trophy asset with strong capital appreciation potential.

Key Details

- Property type: Vacant land (large contiguous parcel)
- Size: 20,000 sqm
- Location: Ikoyi Crescent, Ikoyi, Lagos
- Title: Certificate of Occupancy (C of O)
- Asking price: ₦3,500,000 per sqm
- Indicative total asking price: ₦70,000,000,000 (₦70.0 billion)
- Photos, survey plan and title documents: Available to verified/serious buyers on request

Location & Strategic Advantages

- Prestigious Ikoyi Crescent address --- proximate to Bourdillon, Probyn Road, major diplomatic residences and high‑value residential enclaves
- Excellent connectivity to Victoria Island, commercial hubs and key arterial roads
- Premium neighbourhood known for privacy, security and low land availability --- strong scarcity value
- Attractive to buyers seeking large, single‑ownership parcels for landmark developments

Potential Uses & Development Opportunities

- Ultra‑luxury private estate / gated community of mansions or villas
- High‑end residential condominium or serviced apartments
- Embassy or diplomatic compound / corporate headquarters
- Boutique hotel or exclusive hospitality offering (subject to approvals)
- Master‑planned mixed‑use redevelopment combining residential, leisure and commercial components
- Parceling for phased sales or JV development (seller to confirm minimum parcel size and parceling terms)

Title, Documents & Transfer

- Title: Certificate of Occupancy (C of O) --- originals available for verification to serious buyers
- Seller can provide survey plan, C of O copy and other supporting documents on request
- Buyer to undertake legal/title verification prior to payment/exchange

Due Diligence & Technical Considerations
Prospective buyers should commission the following prior to commitment:

- Title verification and chain of ownership review (inspect original C of O)
- On‑site boundary verification and confirmation against survey plan
- Zoning and planning checks with Lagos State planning authorities (permitted uses, setbacks, FAR)
- Geotechnical and flood risk assessments (recommended for development planning)
- Utility and infrastructure availability checks (access, power, water, drainage)
- Environmental and any neighbourhood/estate approvals where applicable

Price, Terms & Additional Costs

- Asking price: ₦3,500,000 per sqm
- Indicative total for 20,000 sqm: ₦70,000,000,000
- Price subject to negotiation based on payment terms, due diligence outcome and buyer qualification
- 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 title copies provided to verified purchasers on request
- Virtual/video tour can be arranged for remote investors
- Recommended next steps: request documents, schedule a site visit, instruct legal/title search and commission technical surveys

Contact: Mr. Kola Adesina (EDBA)
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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Ref: Daka