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: 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.
*please feel free to browse our other featured properties*
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