Prime 7700sqm Of Bare Land On Offer In Prime Area

Listing Title:
Prime 7,700 sqm Land ---
Rumens Road, Ikoyi ---
State C of O
Asking: ₦4,500,000 per sqm (₦34.65B)

Overview:
Outstanding opportunity to acquire a substantial 7,700 sqm land parcel on Rumens Road, Ikoyi. The site is fully fenced and offered with a State Certificate of Occupancy (C of O), making it an excellent trophy asset for institutional investors, developers, embassies or high‑net‑worth buyers seeking a landmark development or long‑term land bank in one of Lagos Island's most coveted corridors.

Key Details

- Property type: Vacant land (prime development parcel)
- Size: 7,700 sqm
- Location: Rumens Road, Ikoyi, Lagos
- Title: State Certificate of Occupancy (State C of O)
- Condition: Fully fenced --- ready for site mobilisation
- Asking price: ₦4,500,000 per sqm
- Indicative total asking price: ₦34,650,000,000
- Photos, survey plan and title documents: Available on request to verified/serious buyers

Location & Strategic Advantages

- Situated on Rumens Road --- close to key Ikoyi micro‑locations (Probyn, Bourdillon, Kingsway) and with excellent connectivity to Victoria Island and other business districts
- Large, contiguous parcel --- rare in Ikoyi and suitable for flagship projects with high scarcity value
- Fully fenced site reduces immediate site preparation cost and improves security for development activities
- State C of O provides a robust title basis for transfer and development (buyers still advised to verify particulars)

Potential Uses & Development Opportunities

- Ultra‑luxury private estate, cluster of mansions or high‑end villas
- Serviced apartments, luxury condominium or boutique residential development
- Embassy/consular compound, corporate headquarters or institutional use
- Mixed‑use scheme combining residential, retail and office (subject to planning approvals)
- Parceling/phased sale or JV development --- flexible options depending on buyer requirements and approvals

Investment Highlights

- Large landholding in Ikoyi: strong long‑term capital appreciation and rental upside for developed product
- Ready site (fenced) accelerates mobilisation and initial site works
- Attractive for owner‑occupiers, developers and institutional investors seeking prestige and strategic location

Title, Documents & Transfer

- Title: State Certificate of Occupancy (State C of O) --- originals available for inspection by serious buyers
- Seller can provide survey plan, title documentation and any allocation/consent papers on request
- Buyers should verify C of O particulars, chain of ownership and any conditions attached to the title

Price, Terms & Additional Costs

- Asking price per sqm: ₦4,500,000
- Indicative total price: ₦34,650,000,000
- Price may be negotiable depending on payment terms, proof of funds and purchaser qualification
- Buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, professional fees) unless otherwise agreed
- Seller open to discuss structured payment terms, parceling or joint‑venture (JV) options with qualified buyers

Viewing & Next Steps

- Site inspections and document review available by appointment for serious/qualified buyers
- Photo gallery, survey plan and copies of title documents provided to verified purchasers on request
- Virtual/video tour can be arranged for remote investors
- Recommended next steps: request documents, schedule an on‑site inspection and instruct legal/title search and technical surveys

Ref: Daka