Residential land for sale
1,000 SQM Land
Location: Directly on Bank Road, Ikoyi, Lagos Property Type: Land Land Size: 1,000 SQM Price: ₦3.9 Million per SQM Total Asking Price: ₦3.9 Billion Title: Federal C of O Transaction: For Sale Zahari View a well-positioned 1,000 SQM landholding directly on Bank Road, Ikoyi, offering a focused development opportunity within one of Lagos' established premium residential markets. The 1,000 SQM size provides a manageable development footprint for buyers considering a private luxury residence or premium residential project, subject to applicable planning regulations, permitted use and development approvals. With a Federal C of O stated as the title, this property is suited to serious buyers who are looking for a properly documented landholding in Ikoyi and are prepared to undertake the necessary independent verification. Property Highlights 1,000 SQM land Directly on Bank Road, Ikoyi Prime Ikoyi residential location ₦3.9 Million per SQM ₦3.9 Billion total asking price Federal C of O Suitable for private residential development, subject to approvals Suitable for investors and high-net-worth buyers Why This Property Deserves Attention In a premium market such as Ikoyi, land acquisition is influenced by several factors, including location, road positioning, land size, title and development potential. This 1,000 SQM parcel offers a practical middle ground for a buyer seeking meaningful land within Ikoyi without necessarily taking on the scale and capital requirement associated with much larger landholdings. Its direct position on Bank Road gives the property a clear and established Ikoyi address, while the 1,000 SQM land size creates room for a carefully planned residential development. For a private buyer, the property may be evaluated for the development of a bespoke residence. For an investor or developer, the opportunity can be assessed against the permitted development parameters and the economics of the proposed project. Development & Investment Perspective The total asking price is ₦3.9 Billion, based on ₦3.9 Million per SQM. Before committing to the acquisition, prospective buyers should establish what the site can legally and practically support. This includes reviewing permitted land use, development density, building height, setbacks, parking requirements, access and other applicable planning considerations. A developer should also prepare a detailed feasibility assessment covering the land acquisition cost, construction expenses, professional fees, statutory charges, financing, marketing and projected value of the completed development. For long-term investors, comparable land transactions and demand within the surrounding Ikoyi market should also be considered. Investor's Note a premium location does not eliminate the need for due diligence. Every major land acquisition should be independently verified before funds are committed. Prospective buyers should review: Federal C of O and title history Survey and exact site dimensions Ownership and transfer history Permitted land use Planning and development regulations Allowable density and building height Setback and parking requirements Access and infrastructure Applicable statutory charges Development feasibility and projected returns Documentation Title: Federal C of O The documentation should be independently verified by the buyer's appointed legal and property professionals before any transaction is concluded. Property Intelligence Beyond the Listing At Zahari Properties, we believe that smart property decisions begin with understanding the opportunity beyond the asking price. For premium land in Ikoyi, buyers need to consider the relationship between location, title, development potential, market demand and overall project economics. This 1,000 SQM Bank Road property offers a focused land opportunity for a buyer seeking to establish a residential project or private residence within Ikoyi. If the location, land size and investment parameters align with your objectives, our team is available to arrange enquiries and inspections. Asking Price ₦3.9 Million per SQM 1,000 SQM × ₦3.9 Million = ₦3.9 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information, pricing, availability and documentation are subject to confirmation and verification. Prospective buyers are advised to conduct independent legal, survey, planning, valuation and financial due diligence before making any financial commitment.
