3,003 SQM Residential Land

Prime Dry Land For Sale in Ajayi Apata Estate, Sangotedo, Lekki, Lagos 3,003 SQM Major Access Road Tarred Express Access Governor's Consent Title ₦500 Million ≈ ₦166,500 per SQM Property Overview

• Location: Ajayi Apata Estate, Sangotedo, Lekki, Lagos (on the Major Access Road).
• Land Size: 3,003 SQM.
• Title: Governor's Consent.
• Asking Price: ₦500,000,000.
• Price per SQM: ≈ ₦166,500.
• Status: Dry land, vacant, and ready for development.
• Note: All relevant documents are available for verification.

Key Highlights

• Major Access Road Frontage: Positioned on the main access road within Ajayi Apata Estate, ensuring excellent visibility and accessibility.
• Tarred Express Access: The access road from the expressway to the estate is fully tarred -- a significant convenience and value driver.
• Dry & Stable Land: The topography is dry and buildable, reducing construction preparation costs.
• Strong Title: Governor's Consent provides secure legal backing and a clear pathway for development or resale.
• Large Development Canvas: Over 3,000 SQM provides ample space for a substantial residential or mixed-use project.

Development Potential

• Residential Estate: Gated community of duplexes, terraces, or bungalows.
• Apartment Block: Mid-rise residential building (subject to estate guidelines).
• Mixed-Use: Residential development with a small commercial frontage.
• Institutional: School, clinic, or corporate training centre.

Location Benefits

• Sangotedo Growth Corridor: Situated in one of Lagos's fastest-developing residential suburbs along the Lekki-Epe Expressway.
• Tarred Express Access: Quick and easy connection to the Lekki-Epe Expressway, linking you to Ajah, Lekki Phase 1, and Victoria Island.
• Established Neighborhood: Ajayi Apata Estate is a recognized, developing community with existing infrastructure.
• Growing Demand: Strong interest from families and investors seeking affordable, accessible land in the Lekki corridor.

Investment Value

• Asking Price: ₦500 Million.
• Price per SQM: ≈ ₦166,500.
• Market Context: For a large, dry plot with a tarred access road and Governor's Consent in Sangotedo, this is a competitively priced offering.
• Upside Potential: Develop for resale or rental income, or hold for medium-to-long-term appreciation as the area continues to grow.
• Verification Advantage: The seller has all relevant documents ready, streamlining the due diligence process for a serious buyer.

Sale Opportunity A sharp investment opportunity to acquire a large, titled, and accessible land parcel in Sangotedo. Ideal for a developer looking for a substantial project or an investor seeking a secure land bank. Ideal For:

• Real estate developers (residential or mixed-use).
• Land banking investors.
• Individuals or groups seeking a sizable plot in a growth area.

Next Steps:

• Site Inspection.
• Document Review & Verification (Governor's Consent, Survey Plan, Deed of Assignment).
• Price Negotiation.

Dry land + Tarred Express Access + 3,003 SQM + Governor's Consent -- a solid foundation for a landmark project. Serious inquiries only -- documents available for immediate verification.