750 Sqm Dry Land
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Property Description
Distressed Sale -- Royal Garden Estate, Ajah
750 SQM Dry Land Prestigious Estate Urgent Sale: ₦260M (was ₦320M)
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Property Overview
- Location: Royal Garden Estate, Ajah, Lagos --- a secured, high-profile residential estate.
- Land Size: 750 SQM.
- Title: Assumed to be Governor's Consent or C of O (common in such estates; verification recommended).
- Current Price: ₦320,000,000.
- Distressed Price: ₦260,000,000.
- Discount: ₦60,000,000 (approx. 18.75% reduction).
- Price per SQM: ₦346,667.
- Status: Dry, undeveloped land within a premium estate---ready for immediate development.
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Key Highlights
- Urgent Distressed Sale: Rare opportunity to acquire prime estate land at a significant discount due to motivated seller circumstances.
- Prestigious Estate Address: Royal Garden Estate is a well-known, fully serviced, and secure estate in Ajah, offering premium amenities and neighbourhood quality.
- Dry & Buildable: Land is ready for construction without complications.
- High Demand Area: Ajah continues to experience strong residential demand, especially within gated estates.
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️ Development Potential
Ideal for developing:
- A luxury detached villa or twin duplexes.
- A mini estate of 3--4 high-end townhouses.
- A bespoke residence for owner-occupier or high-rental yield investment.
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Market Context
Priced at ₦346,667 per SQM after discount, this offering stands well below typical premium estate rates in Ajah. The distressed nature of the sale creates a compelling entry point for:
1. Investors seeking below-market acquisition with quick upside potential.
2. Developers aiming for a fast-turnaround project in a secure location.
3. Owner-occupiers wanting a premium address at a reduced cost.
Ideal For: Cash-ready investors, residential developers, and high-net-worth individuals looking to build in a secured estate with urgency and value advantage.
A time-sensitive opportunity to secure a premium estate plot below market value, suitable for swift development or strategic hold.
Property Details
| Property Ref: 3318315 | Added On: 30 Jan 2026 | Last Updated: 30 Jan 2026 |
| Market Status: Available | Type: Residential Land |
Interesting Facts
Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break the bank, Ajah is the place to go.
Leisure and Shopping
Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.
Popular Estates
Seaside Estate, Ocean Palm Estate, Peninsula Estate, Peaceville Estate, Royal Gardens Estate, Sunview Estate, Divine Homes, and others are notable estates.
Day Life
Fair Acres, located in Awoyaya, is a world-class park. It is a private country club that offers a variety of activities to its members, guests, families, and children. There is a kayaking lake, a world-class pool, a play area, a picnic area, a gym, a volleyball court, a restaurant, a bar, and an event venue, among other things.
Night Life
There are lounges, bars, and nightclubs all over the place. Simply choose your favourite....
Schools
Crane College, Busy Minds College, Jesilo High School, Lakefield Schools, Edidot College, Alpha Covenant Heritage School, Lakewood British School, Learning Ladder Montessori Schools, Readington School, Amber Ville School, Goldenline School, and others are among the schools that have made quality education accessible.
Read the full area guide for Ajah, Lagos.
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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 5 months ago
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