12.5 Acres of Land

A substantial parcel of land measuring 12.5 acres is available for sale in Ibeju-Lekki, Lagos, at an asking price of ₦3 billion. With a Certificate of Occupancy (C of O) and Governor's Consent stated as the title documents, this property may interest property developers, corporate buyers and investors seeking a sizeable landholding in the Ibeju-Lekki area. Property Details Location: Ibeju-Lekki, Lagos Property Type: Land Land Size: 12.5 Acres (approximately 50,586 SQM) Asking Price: ₦3,000,000,000 (₦3 Billion) Title Documents: C of O and Governor's Consent, as stated Transaction: For Sale Zahari View With an approximate land area of 50,586 SQM, this property presents a sizeable acquisition opportunity for buyers evaluating land investments in Ibeju-Lekki. The scale of the parcel may be relevant to developers and investors considering a substantial project, subject to verification of the precise location, site boundaries, permitted land use and applicable planning requirements. At an asking price of ₦3 billion, the indicative acquisition rate is approximately ₦59,305 per square metre. Prospective buyers should assess the property against verified comparable land transactions and consider the costs associated with acquisition, infrastructure, site preparation and any proposed development. The commercial suitability of the land will depend on its legal status, physical characteristics, access and the buyer's intended use. Property Highlights Land area: 12.5 acres (approximately 50,586 SQM) Location: Ibeju-Lekki, Lagos Asking price: ₦3 billion Indicative price per SQM: Approximately ₦59,305 Title documents: C of O and Governor's Consent, as stated Potential buyer profile: Property developers, corporate investors and land acquisition companies Development considerations: Subject to permitted land use, planning approvals and professional due diligence Why This Property Deserves Attention For property developers: The sizeable land area may provide a basis for evaluating a large development proposal. The property's suitability for residential, commercial, industrial or other use must be established through the relevant planning and regulatory authorities. For investors: The asking price and land area provide a starting point for assessing the acquisition against comparable land offerings in Ibeju-Lekki. A thorough investment decision should consider verified market evidence, infrastructure requirements, acquisition costs and the intended investment horizon rather than assume future appreciation. Buyer's Perspective: What to Verify Before proceeding with the purchase, prospective buyers should: Verify the C of O, Governor's Consent, ownership history and seller's authority to transact. Confirm the survey plan, coordinates, boundaries and exact land area. Establish the approved land use and applicable planning restrictions. Check for encumbrances, disputes, easements or third-party interests. Assess road access, drainage, utilities and site preparation requirements. Obtain an independent valuation and review comparable land transactions. Confirm the final asking price, payment terms and applicable transaction costs. Investor / Buyer Note At the stated asking price of ₦3 billion for approximately 50,586 SQM, the indicative price per square metre is: ₦3,000,000,000 ÷ 50,586 SQM ≈ ₦59,305 per SQM. The area conversion is approximate and should be reconciled with the official survey plan. The calculation excludes applicable legal fees, taxes, agency fees, survey costs and other acquisition or development expenses. For Enquiries & Inspections Contact Zahari Properties for further information and inspection arrangements. Phone/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties --- ...Points in the right direction. Disclaimer: Property details, land size, asking price and title information are based on information supplied for this listing and have not been independently verified. Prospective buyers should obtain independent legal, survey, valuation and planning advice to verify ownership, title, boundaries, permitted land use and all relevant transaction terms before committing funds.