Residential land for sale
Residential land for sale
40 Plots Residential of Land
About this property
An opportunity is available to acquire 40 plots of land on Monastery Road, Sangotedo, Lagos, at a stated asking price of ₦65 million per plot. With a Certificate of Occupancy (C of O) stated as the title, this property offering may appeal to developers, land investors and buyers seeking multiple plots within the Sangotedo property market. Property Details Location: Monastery Road, Sangotedo, Lagos Property Type: Land Number of Plots: 40 Price per Plot: ₦65,000,000 Total Asking Price: ₦2,600,000,000 (₦2.6 Billion) Title: Certificate of Occupancy (C of O), as stated Transaction: For Sale Note: Individual plot dimensions and the combined land area should be confirmed with the seller and verified against the survey plan. Zahari View The availability of 40 plots on Monastery Road, Sangotedo, may interest buyers seeking to acquire multiple plots for a coordinated development or a larger land investment. The location provides a starting point for evaluating opportunities in the Sangotedo area, subject to confirmation of the exact site location, road access, plot boundaries and permitted land use. At ₦65 million per plot, acquiring all 40 plots would amount to ₦2.6 billion before applicable transaction expenses. Buyers should establish whether the plots are contiguous, verify the title and ownership arrangements, and assess infrastructure and planning requirements before proceeding. The suitability of the land for a particular development or investment strategy should be determined through independent due diligence. Property Highlights 40 plots available for sale Located on Monastery Road, Sangotedo, Lagos Asking price of ₦65 million per plot Indicative total price of ₦2.6 billion for all 40 plots C of O stated as the title document Potential buyer profile: property developers, land investors and corporate buyers Development subject to permitted land use and applicable planning requirements Why This Property Deserves Attention For property developers: Acquiring multiple plots may provide an opportunity to evaluate a coordinated development proposal, particularly if the plots are adjoining. Buyers should verify the layout, dimensions, access arrangements and applicable planning requirements before preparing a development plan. For land investors: The per-plot price provides a basis for comparing the offer with other land transactions in Sangotedo and nearby areas. Investment decisions should account for verified market values, acquisition costs, infrastructure, holding period and the intended exit strategy. Buyer's Perspective: What to Verify Before proceeding with the purchase, prospective buyers should: Verify the C of O, ownership and the seller's authority to transact. Confirm the survey plan and exact dimensions of each plot. Establish whether all 40 plots are contiguous and available from the same seller. Verify the combined land area and plot boundaries. Confirm permitted land use and applicable planning restrictions. Check for encumbrances, disputes, easements or third-party interests. Assess road access, drainage, utilities and infrastructure requirements. Confirm whether the quoted price includes documentation, infrastructure or other charges. Obtain independent legal, survey and valuation advice before making payment. Investor / Buyer Note The stated asking price is ₦65 million per plot. 40 plots × ₦65,000,000 = ₦2,600,000,000 (₦2.6 billion). This calculation assumes all 40 plots are available at the stated price. It excludes applicable legal fees, taxes, agency fees, survey costs and other transaction or development expenses. Confirm the final price, availability and payment terms with the seller. For Enquiries & Inspections Contact Zahari Properties for further information and inspection arrangements. Phone/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties --- ...Points in the right direction. Disclaimer: Property details, plot count, price and title information are based on the information supplied for this listing and have not been independently verified. Prospective buyers should verify ownership, title, plot dimensions, boundaries, permitted land use, planning status and all transaction terms before committing funds.
Property details
Area guide — Ajah
Interesting Facts
Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.
Leisure and Shopping
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Com...
Popular Estates
Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville...
Day Life
Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to...
Night Life
Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of op...
Schools
Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Cr...
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Zahari Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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