Over 15 Acres

Prime Land For Sale in Sangotedo, Monastery Road, Ajah, Lekki, Lagos Over 15 Acres C of O Title 500 SQM Plots ₦50 Million per Plot Additional Fees Apply --- Property Overview

• Location: Sangotedo, Monastery Road, Ajah, Lekki, Lagos.
• Total Land Area: Over 15 Acres.
• Plot Size: 500 SQM and above (starting from 500 SQM).
• Title: Certificate of Occupancy (C of O).
• Price per 500 SQM Plot: ₦50,000,000.
• Additional Costs per Plot:
• Development: ₦2,500,000
• Register Survey: ₦2,000,000
• Deed of Assignment: ₦500,000
• Total Additional Fees: ₦5,000,000 per plot.
• Status: Vacant land, titled, and ready for allocation and development.

--- Key Highlights

• Large-Scale Land Bank: Over 15 acres available -- ideal for developers, cooperative societies, or large-scale residential estate projects.
• Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and smooth transfer.
• Flexible Plot Sizes: Starting from 500 SQM -- suitable for individual home builders or bulk purchasers.
• Transparent Pricing: Clear breakdown of plot price plus statutory and documentation fees -- no hidden costs.
• Strategic Sangotedo Location: Monastery Road is a fast-developing corridor along the Lekki-Epe Expressway axis, close to major estates, schools, and commercial hubs.

--- ️ Development Potential

• Residential Estate: Master-plan a gated community of duplexes, terraces, or bungalows.
• Institutional: School, hospital, church, or training centre.
• Mixed-Use: Residential with a commercial frontage or community facilities.
• Land Banking: Acquire multiple plots for medium-to-long-term appreciation.
• Cooperative Housing: Ideal for group purchases by cooperatives or staff associations.

--- Location Benefits -- Sangotedo, Monastery Road

• Growing Residential Hub: Sangotedo is one of Lagos's fastest-expanding suburbs along the Lekki-Epe Expressway.
• Proximity to Key Areas: Close to Ajah, Abraham Adesanya Estate, Lakowe, and the Lekki Free Zone corridor.
• Established Neighbourhood: Surrounded by developing estates and commercial activity.
• Excellent Connectivity: Easy access to the Lekki-Epe Expressway, linking to Victoria Island, Ikoyi, and the wider Lekki Peninsula.
• Future Appreciation: Ongoing infrastructure improvements and population growth support strong capital growth.

--- Investment Value

• Plot Price: ₦50,000,000 per 500 SQM.
• Additional Fees: ₦5,000,000 per plot (Development ₦2.5M, Survey ₦2M, Deed ₦500k).
• Total Initial Outlay per Plot: ₦55,000,000 (excluding any agency or legal fees).
• Market Context: At ₦100,000 per SQM (₦50M ÷ 500 SQM), this is competitively priced for titled land in the Sangotedo/Monastery Road corridor.
• Bulk Purchase Advantage: Discounts may be available for multiple plot acquisitions -- negotiate with the seller.
• Upside Potential: Build and sell/rent, hold for appreciation, or subdivide further (subject to approvals).

--- Sale Opportunity A substantial land offering in a key growth corridor. Ideal for developers, cooperative societies, or individual investors seeking titled land in Sangotedo at a reasonable entry price. Ideal For:

• Real Estate Developers (large-scale or phased).
• Cooperative Societies & Investment Groups.
• Individual Home Builders.
• Long-Term Land Investors.

Next Steps:

• Site Inspection.
• Title Verification (C of O at the Lagos State Lands Bureau).
• Clarify Additional Fees and Payment Terms.
• Purchase Negotiation (especially for bulk plots).
• Immediate Allocation.

Sangotedo, Monastery Road + Over 15 Acres + C of O + ₦50M per 500 SQM -- a strategic land bank with strong growth potential. Direct mandate -- serious inquiries only.