1,041 SQM Rresidential Land

Property Details Location: Off Awolowo Road, Ikoyi, Lagos Property Type: Land Land Size: 1,041 SQM Transaction: For Sale Asking Price: ₦2,500,000,000 Net Title: Certificate of Occupancy (C of O), as stated Zahari View This 1,041 SQM parcel of land is available for sale off Awolowo Road, Ikoyi, Lagos, at a net asking price of ₦2.5 billion. The property presents an opportunity for investors, developers and prospective land buyers assessing development options within Ikoyi. The site's suitability for a particular project will depend on the applicable planning parameters, permitted land use, site access, design efficiency and the amount of space available for construction. For a developer, the commercial assessment should also consider construction costs, project positioning and projected sales or rental returns before a final acquisition decision is made. Property Highlights 1,041 SQM land parcel. Located off Awolowo Road, Ikoyi, Lagos. Net asking price of ₦2.5 billion. Certificate of Occupancy stated. Potential for an appropriately scaled development concept, subject to planning requirements and approvals. Suitable for consideration by investors and developers evaluating land acquisition opportunities in Ikoyi. Why This Property Deserves Attention The 1,041 SQM land size provides a defined footprint for evaluating a development proposal. Its practical value will depend on how effectively the available space can accommodate the intended project while complying with applicable planning regulations. For prospective developers, an assessment of the site's dimensions, access, setbacks, permissible building parameters and construction requirements is essential. These factors influence the design options available and the financial feasibility of the proposed development. Buyer's Perspective: What to Verify Before proceeding with the purchase, prospective buyers should independently verify: Exact land size, boundaries and survey plan. Authenticity and status of the stated Certificate of Occupancy. Ownership history and the seller's authority to transfer the property. Permitted land use and relevant planning requirements. Applicable building height, density, setbacks and site coverage. Site access and any easements or restrictions. Drainage, road access and utility availability. Estate or neighbourhood requirements, where applicable. Statutory charges, legal fees and other transaction costs. Investment Perspective The net asking price is ₦2.5 billion for the 1,041 SQM parcel. Prospective buyers should assess this acquisition cost alongside the proposed development budget, professional fees, statutory charges, financing costs and anticipated market demand. For a development-led investment, projected sales or rental income should be evaluated against the total project cost and realistic delivery timelines. Independent market research, legal due diligence and planning assessments are recommended before making a commitment. Future appreciation or investment returns should not be assumed without supporting evidence and a detailed financial assessment. For Enquiries & Inspections Phone: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information and title details are based on the information provided and have not been independently verified. Buyers should confirm the land size, boundaries, ownership, title status, permitted use, planning parameters and all applicable transaction terms before proceeding.