Land for sale
Rumens Road, Ikoyi, Lagos
Listing title:
prime 5,000 sqm road‑facing land --- rumens road, ikoyi ---
title: state c of o
asking:₦4,500,000 per sqm (₦22.5b)
overview:
exceptional opportunity to acquire a well‑located 5,000 sqm land parcel on rumens road, ikoyi. the site is fully fenced and offered with a state certificate of occupancy (state c of o). positioned within one of lagos island's most sought‑after corridors, this parcel is suitable for landmark residential, institutional, embassy or mixed‑use developments and represents a strategic acquisition for developers, investors and high‑net‑worth buyers.
key details
- property type: vacant development land (road‑facing)
- size: 5,000 sqm
- location: rumens road, ikoyi, lagos
- title: state certificate of occupancy (state c of o)
- condition: fully fenced --- ready for mobilisation
- asking price: ₦4,500,000 per sqm
- indicative total price: ₦22,500,000,000
- picture: available on request
location & strategic advantages
- prime ikoyi location with easy access to probyn road, bourdillon and kingsway corridors
- strong connectivity to victoria island and other central business districts
- high‑value neighbourhood attracting embassies, corporate residences and luxury developments
- road frontage and fenced perimeter reduce initial site preparation and enhance security
potential uses & development opportunities
- ultra‑luxury private estate or cluster of detached mansions/villas
- serviced apartments, luxury condominium or upscale residential development
- embassy/consular compound or corporate headquarters
- boutique hotel or hospitality product (subject to approvals)
- mixed‑use development combining residential, retail and office components
- parceling/phased development or jv opportunities --- seller open to discussion (confirm minimum parcel size)
investment highlights
- scarcity of large contiguous land parcels in ikoyi supports long‑term capital appreciation
- state c of o provides a solid title basis for transfer and development (buyers should still verify)
- fully fenced site accelerates mobilisation and reduces short‑term set‑up costs
- flexible acquisition for owner‑occupiers, developers and institutional investors
title, documents & transfer
- title: state certificate of occupancy (state c of o) --- original documents available for inspection to seriously interested buyers
- seller will provide survey plan and supporting documents on request
- buyers encouraged to verify c of o particulars and chain of ownership prior to payment
price, terms & additional costs
- asking price: ₦4,500,000 per sqm
- indicative total: ₦22,500,000,000
- price negotiable depending on payment terms, proof of funds and due diligence outcomes
- buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, professional fees) unless otherwise agreed
- seller open to discuss structured payment plans, parceling or jv arrangements with qualified buyers
viewing & next steps
- site inspections and document review by appointment for serious/qualified buyers
- photo(s) and survey plan available on request after verification of buyer credentials
- 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:d...
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₦22,500,000,000
The Build Centre Properties
09028190510