Residential land for sale
Residential land for sale
Prime Full Plot
About this property
Prime Land For Sale in Olokonla, Ajah, Lekki, Lagos (Before Access Estate) Full Plot (Approx. 500--600 SQM) Governor's Consent Title ₦150 Million 5% Non-Negotiable Agency Commission Property Overview
- Location: Olokonla, Ajah, Lekki, Lagos (Before Access Estate).
- Land Size: Full Plot (approx. 500--600 SQM in this area).
- Title: Governor's Consent.
- Asking Price: ₦150,000,000.
- Agency Commission: 5% Non-Negotiable (payable by buyer).
- Status: Vacant, cleared, and ready for development.
Key Highlights
- Governor's Consent Title: A strong, state-recognized title providing solid legal security and peace of mind.
- Coded/Carded Layout: Located in a planned, coded area before Access Estate, indicating organised development and clear boundaries.
- Cleared & Dry Land: The visual shows a flat, cleared, and dry plot, reducing initial site preparation costs.
- Developed Neighborhood: Surrounded by existing buildings and infrastructure, ensuring a habitable and growing environment.
- Non-Negotiable 5% Agency Fee: Clear fee structure -- 5% of the purchase price applies to facilitate the transaction.
Development Potential
- Residential: Luxury detached family home, duplex with BQ, or a small block of flats.
- Commercial/Mixed-Use: Subject to local zoning, ideal for a small retail outlet, office, or mixed-use development.
Location Benefits
- Strategic Ajah Corridor: Olokonla is a rapidly developing residential area along the Lekki-Epe Expressway axis.
- Proximity to Access Estate: Being "before Access Estate" places it in a prestigious and well-known neighborhood.
- Excellent Connectivity: Easy access to the Lekki-Epe Expressway, connecting to Ajah, Victoria Island, and the wider Lekki Peninsula.
- Growing Demand: The area attracts families, professionals, and investors due to ongoing infrastructure improvements.
Investment Value
- Asking Price: ₦150 Million.
- Estimated Price per SQM: ~₦250,000 to ₦300,000 (based on a standard full plot).
- Market Context: This price is competitive for a titled (Governor's Consent) plot in a developed, coded area of Olokonla.
- Appreciation Potential: Land values in the Ajah/Olokonla corridor continue to rise, offering strong potential for capital growth.
- Transaction Clarity: The 5% agency fee is non-negotiable, ensuring a structured and professional brokerage process.
Sale Opportunity A solid opportunity to acquire a titled, cleared, and ready-to-build plot in a growing Ajah neighborhood. Ideal for first-time builders, investors, or developers seeking a well-located land bank. Ideal For:
- Individual home builders
- Small-scale developers
- Land banking investors
Contact For:
- Site Inspection
- Title Verification
- Purchase Negotiation
- Agency Commission Confirmation (5% Non-Negotiable)
Governor's Consent + Cleared Land + Olokonla Ajah Location -- a straightforward and secure investment. Serious inquiries only.
Property details
Area guide — Ajah
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...
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...
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...
Read the full area guide for Ajah, Lagos
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Disclaimer
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