Mixed-use land for sale
Prime Location - 8 Bedrooms - Ideal for Redevelopment 866SQM
Premium Property for Sale Calling All Developers! An exceptional investment opportunity has become available in one of Lagos's most sought after residential and commercial hubs. Situated in a prime location off the bustling Fola Osibo and Emma Abimbola Cole streets, this expansive property offers remarkable versatility for developers and private investors alike. Location & Proximity Address: Babatope Bejide Crescent, Lekki Phase 1, Lagos. Positioning: Strategically located just off Fola Osibo and Emma Abimbola Cole, ensuring easy accessibility, excellent road networks, and close proximity to premium retail, dining, and lifestyle amenities. Property Specifications Land Size on Document: 866 Sqm Land Size on Ground: Almost 900 Sqm, offering an advantageous larger physical footprint Current Structure: 8 bedroom main building 2 room Boys' Quarters (BQ) located at the rear Investment & Development Potential This property caters perfectly to two distinct high yield investment paths: 1. As Is Utilization: Ideal for corporate offices, commercial outlets, or a large private residence with minimal modifications. 2. Redevelopment into New Flats: A prime candidate for demolition and reconstruction into modern luxury apartments or multi family flats, maximizing rental yield or resale value in Lekki Phase 1's high demand market. Title & Financials Title Document: Original Certificate of Occupancy (C of O), clean, verifiable, and free from any encumbrances. Transaction Type: Outright Sale Asking Price: ₦1,600,000,000 (1.6 Billion Naira), Negotiable For Inquiries & Site Inspections: 0811 225 2222 Realtor Daniel (Wellstay Realty) 090 3797 3275 Realtor Laila (Wellstay Realty) Serious buyers and accredited developers are invited to schedule a private viewing. Please contact us directly to present your offer or initiate negotiations.
