2,017 SQM Prime Land

Prime eko atlantic city 2,017 SQM 40-Floor Development Approval Distressed acquisition opportunity $3,63 0,600 An opportunity to acquire a prime mixed-use development plot in Eko Atlantic City, Victoria Island, Lagos, reportedly located beside the prestigious Eko Pearl Towers. Location Mixed Development Zone, Eko Atlantic City, Victoria Island, Lagos. Land size 2,017 sqm --- corner/waterfront-facing plot, as indicated on the supplied master plan. Asking price

• Rate: $1,800 per sqm
• Total consideration: $3,630,600
• Naira equivalent: Subject to the prevailing exchange rate at the time of transaction.
• Negotiation: Slightly negotiable for a qualified buyer.

Development Potential

• Reported 40-floor development approval.
• Basement provision indicated as av+b; the exact approved configuration requires verification.
• Designated mixed-development zone.
• Potential uses, subject to planning approval: luxury hotel, serviced apartments, premium residential tower, commercial offices or an integrated hospitality, retail and residential development.

Strategic positioning within one of Lagos's premium waterfront developments. Proximity to Eko Pearl Towers and the surrounding high-rise development corridor. Potential to create a landmark asset combining hospitality, residential and commercial uses. Dollar-denominated acquisition opportunity for investors seeking exposure to Lagos's prime real estate market. Seller's reported urgency presents an opportunity for serious buyers to negotiate. Title & documentation Eko Atlantic City allocation documentation/deed, as represented by the seller. All title documents, development approvals, permitted uses, plot boundaries and outstanding obligations are subject to independent legal and technical due diligence. Ideal buyers

• Hotel and hospitality investors
• Real estate developers
• Institutional and private equity investors
• Family offices and high-net-worth individuals
• Developers pursuing premium mixed-use projects

A strategic location. Significant vertical development potential. An opportunity for the right investor. For enquiries, documentation and private inspection N.e.w.s Realty Limited [email protected] +234 813 714 3886 +234 813 743 9166 Strictly for qualified and serious buyers. All specifications, approvals, title documents and commercial terms are subject to independent verification.