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Residential land for sale

Affordable Land with C of O

Havens Cottage, Opposite the 7th Axial Road, Noforija, Epe, Lagos
₦27,000,000 per plot
#311-274-2 24 Sep 2025 6 views · last 30 days
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500 m² Plot size
Residential Property type

About this property

See The Investment Angle and Benefits Here: Location Advantage Situated in Noforija, Epe---the education, culture, & development hub of Epe Division. Major Landmarks: Adjacent Lagos State University of Education, Opposite the 7th Axial Road 2 minutes to Yabatech Epe Toll Gate, Film City (Ejinrin), Food Security & Logistics Hub (Ketu-Ereyun). Epe Resort and Spa St. Augustine University Quick connection to Lagos--Ijebu-Ode Expressway, opening access to Ogun and Ondo states. Roi Projection on havens cottage Special Price offer (₦27M/Plot) All inclusive offer. In Assumption: From current Promo price: ₦27M per plot. Average annual appreciation in Noforija estates: 20--35% (driven by infrastructure and demand). Time horizon: 5 years Conservative resale estimates based on Epe market trend. Minimum Appreciation Value Estimated Yearly per Plot (₦)% in 5 Years. Entry 2026 +25% - ₦40M 2027 +25% - ₦50M 2028 +25% - ₦62.5M 2029 +25% - ₦78M 2030 +25% - ₦97.5M Projection on average: ₦27M grows to ~ ₦97.5M in 5 years (= 3X growth). _While On Development Interest Value:*_ Build-to-rent option (student hostels or worker housing near lasued & Logistics Hub). A studio unit apartment cost around ₦400k to ₦500k per year rent While a 2 or 3-bedroom flat apartment cost almost or about ₦2M annual rental. Roi via rental: 5% yearly cashflow + 25% land appreciation. Festival & tourism season certainly peaks short-let demand as well as regular activities during festivals & Film City events. _* Why Havens Cottage?*_ Documentation: Verified ~ Registered Survey & Deed Title: Govt. Approved ~ Residential C of O Security of Title: Located in an excised community, reducing govt acquisition risks. _*Infrastructure Promise:*_

  • Gatehouse & fencing,
  • Power & Water supply,
  • 24/7 security surveillance,
  • Street lights drainage,
  • Good & accessible road network.

Target Market:- Students, lecturers, film professionals, traders, tourists, etc. _* Investor Strategy:*_ 1. Land Banking (Passive) -- Buy more plots, hold for 5 years resale at x3 value. 2. Build-to-Rent (Active) -- Develop small units earn yearly rent + land appreciation. 3. Hybrid -- Secure 2 plots: bank one, develop the other balanced income & growth. *Summary breakdown: Haven's Cottage, Noforija, Epe, Lagos is a buy and build property with consideration for Landbanking option. Entry Cost (2026): ₦27M Projected Value (2030): ~ ₦97.5M Growth Multiplier: ~3X in 5 years Optional Cashflow: Rental yields of 5--8% yearly if developed.

Features and amenities

Security & Safety

Security gate Perimeter fencing Electric fence Security / gateman

Property details

Reference ID #311-274-2
Listed by Redolent Realty
Property type Residential Land
Listing status Residential land for sale
Plot size 500 m²

Area guide — Epe

Lagos

Interesting Facts

Epe is regarded as Lagos's fishing capital. A sculpture of two giant fishes, erected at the Lekki-Epe T-Junction, welcomes you to Epe. Some campuses of popular higher education institutions in Lagos can be found within t...

Leisure and Shopping

Epe is one of the most popular tourist destinations in Lagos State. Fish such as shining nose, barracuda, tilapia, red snapper, pangasius, and other seafood can be found here. There are also mini marts scattered througho...

Popular Estates

These estates are being constructed to accommodate families, individuals, and investors. They are designed with the intention of being transformed into high-end and elegant communities. Merdorf Luxury Estate is a new est...

Day Life

Epe Mangroves are one of Lagos's best-kept secrets. Epe Recreation Centre has a football field, basketball court, swimming pool, lawn tennis court, and volleyball court. Amala Express and Alamala Centre serve delectable...

Night Life

Epe has a few bars and clubs where you can meet new people and listen to great music. Joliment Bar and Deswish Bar are two other popular nightlife destinations in Epe.

Schools

Many Epe schools are dedicated to fostering children's self-esteem. De-ideal Nursery and Primary School aims to bring education closer to non-elites. Atlantic Hall School is a co-educational full-boarding secondary schoo...

Read the full area guide for Epe, Lagos

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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 Redolent Realty. 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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