Exclusive Land In Ikoyi On Offer Waterfront

Waterfront Land for Sale ---
Queens Drive, Ikoyi
5,100 m²
(Federal C of O) --- $10,000,000
(Half lot available at $5,000,000)


Rare waterfront development parcel on Queens Drive, Ikoyi --- 5,100 m² with Federal Certificate of Occupancy. Prime island-front opportunity for a flagship private residence, boutique hotel, luxury villas or high‑end mixed‑use scheme. Offered whole or as two equal halves.

Quick facts

- Location: Queens Drive, Ikoyi (waterfront)
- Site area: 5,100 m² (option to split into 2 x 2,550 m² --- negotiable)
- Title: Federal Certificate of Occupancy (Federal C of O) --- marketable land title
- Asking price (whole): US$10,000,000
- Asking price (half): US$5,000,000 (per 2,550 m²)
- Implied price: ≈ US$1,961 per m²

Short description
A rare, high‑profile waterfront landholding on Queens Drive, Ikoyi --- one of Lagos' most prestigious addresses. This significant 5,100 m² parcel provides exceptional development flexibility and waterfront exposure, offering a unique opportunity for discerning buyers seeking a landmark asset in a tightly constrained market.

Key selling points

- Waterfront address on Queens Drive --- exceptional prestige, views and potential for premium product.
- Secure Federal C of O --- strong title suitability for acquisition and financing.
- Flexible acquisition: buy the entire 5,100 m² or acquire a 2,550 m² half lot (split sale negotiable).
- Suitable for high‑value uses: private mansion/compound, gated villa development, boutique hotel/serviced apartments, embassy/consulate residence or mixed‑use flagship project (subject to planning approvals).

Location & accessibility

- Positioned on Queens Drive, Ikoyi --- excellent connectivity to Victoria Island, Ikoyi's commercial nodes and major arterial routes.
- Close to premium amenities including international schools, embassies, corporate offices and lifestyle destinations.
- Waterfront location enhances privacy, views and long‑term capital value.

Title & legal

- Title: Federal C of O --- documentation available for review.
- Vendor can consider split sale into two equal parcels (2,550 m² each) subject to survey and legal partitioning.
- Recommended legal checks: full title verification, confirmation of any encumbrances, and process for partitioning if purchasing half.

Development potential & suggested uses

- Ultra‑luxury private residence / multi‑generation family compound
- Boutique waterfront hotel or serviced apartments (small scale, high spec)
- Luxury villa development (gated estate) or high‑end mixed‑use with retail/restaurant frontage (subject to approvals)
- Embassy/consulate or corporate headquarters requiring a prestigious waterfront address
- Value‑add repositioning / long‑term landbanking

Investment highlights

- Scarcity premium: waterfront sites of this size on Queens Drive are exceptional and infrequently available.
- Federal C of O increases transaction confidence and facilitates financing.
- Strong demand drivers: high‑net‑worth homeowners, diplomatic and hospitality markets in Ikoyi and Victoria Island.
- Split‑sale option provides flexibility for different buyer profiles (single investor or two purchasers).

Sale & viewing information

- Sale type: Direct sale (vendor mandate). Serious buyers only.
- Viewings: Strictly by appointment; accompanied inspections only.
- Requirements for viewing: proof of funds or credible corporate introduction; NDAs may be requested prior to receiving detailed documents.