Premium 2,035sqm Bareland On For Acquisition

For Sale --- Prime 2,035 sqm Bareland
Cooper Road, Old Ikoyi
Lagos State C of O
₦3,500,000 / sqm (Net)

Overview: Exceptional Old Ikoyi opportunity: a substantial 2,035 sqm single‑title development parcel on Cooper Road, offered with a Lagos State Certificate of Occupancy. This highly coveted island site is ideal for luxury residential, embassy/consulate, boutique hotel, serviced residences or a flagship corporate compound. Price is ₦3,500,000 per sqm (net) --- indicative total ≈ ₦7.1225 billion.

Property summary

- Location: Cooper Road, Old Ikoyi, Lagos
- Land area: 2,035 sqm (single consolidated plot)
- Title: Lagos State Certificate of Occupancy (State C of O) --- certified documents available to qualified buyers
- Asking price: ₦3,500,000 per sqm (Net)
- Indicative total: Approx. ₦7,122,500,000 (Seven billion, one hundred and twenty‑two million, five hundred thousand Naira)

Key highlights

- Prestigious Old Ikoyi address on Cooper Road --- one of Lagos's most desirable, low‑density island neighbourhoods.
- Significant plot size for the island: allows for bespoke high‑end residential compound, embassy/consulate, boutique hotel or mixed‑use development with generous amenity space.
- Clear State C of O supports institutional purchase, financing and smooth conveyancing.
- Ready for early mobilisation following standard due diligence and planning approvals.

Suggested development concepts (subject to planning)

- Luxury single‑owner mansion or multi‑generation family compound
- Low‑density luxury apartments / branded serviced residences
- Embassy / consular compound or secure institutional campus
- Boutique hotel or high‑end serviced apartments with landscaped grounds
- Corporate headquarters with secure setback and dedicated parking

Due diligence & recommended checks

- Legal: certified copy of State C of O and full solicitor title search to confirm chain of ownership and any encumbrances.
- Survey: certified site survey and on‑site boundary/peg verification.
- Planning: confirm permissible coverage, setbacks and allowable storeys with Lagos State planning authority (LASPPA/LASRRA as applicable).
- Technical: geotechnical investigation, topographic survey, structural constraints, and utilities capacity (power, water, drainage).
- Environmental & flood risk: coastal/island sites require flood risk and any environmental check as appropriate.
- Services: confirm connection points and upgrade costs for power, water and sewerage.

Practical notes

- Large island plots of this scale are rare --- early pre‑qualified parties are recommended to secure viewing and the title pack.
- Vendor will provide certified documents to qualified buyers and their solicitors on receipt of a formal LOI and proof of funds.

Viewings & sale process

- Viewings: Strictly by appointment for pre‑qualified buyers. Proof of funds / bank reference will be requested prior to document release and site access.
- Offers: Submit a Letter of Intent (LOI) with buyer profile and PoF. Qualified parties will be given the full title pack and invited for inspection.
- Sale mechanics: Heads of Terms solicitor‑led conveyancing completion. Buyer to allow for legal fees, stamp duty and registration costs.

Contact / Next steps
To request the certified title & survey, arrange a private inspection or submit an LOI, contact:

[Agent / Seller Name]Phone: [Insert phone number]Email: [Insert email address]
: All information is provided in good faith and should be independently verified by prospective buyers and their advisers. Price and availability are subject to prior sale and negotiation.

Ref: Daka