Residential land for sale
Over 15 Acres Land
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.
