616 SQM Residential Land with C of O Title

Prime Residential Land For Sale in Oceanbay Estate, Orchid Road, Lekki, Lagos 616 SQM Bare Land C of O Title ₦280 Million (Slightly Negotiable) ≈ ₦454,545 per SQM Property Overview

• Location: Oceanbay Estate, Orchid Road, Lekki, Lagos.
• Land Size: 616 SQM.
• Plot Type: Residential bare land.
• Title: Certificate of Occupancy (C of O).
• Asking Price: ₦280,000,000 (slightly negotiable).
• Price per SQM: ≈ ₦454,545.
• Status: Vacant residential land in a well‑located estate, ready for immediate development.

Key Highlights

• Strong C of O Title: Full government‑issued Certificate of Occupancy ensures legal security, bankability, and smooth transfer.
• Estate Living: Oceanbay Estate is a gated community with controlled access, paved roads, and organised layout.
• Prime Orchid Road Address: Easy access to Orchid Road, the Lekki‑Epe Expressway, and the wider Lekki corridor.
• Competitive Pricing: At approximately ₦454,545 per SQM, this is one of the more affordable titled residential plots in the Orchid Road corridor -- especially with slight negotiability.
• Development‑Ready: Vacant land with no encumbrances -- start building immediately.

Development Potential

• Luxury Detached Family Home: Ample space for a spacious villa with garden and parking.
• Modern Duplex with BQ: Ideal for a family compound.
• Small Residential Development: Subject to estate approval, a boutique block of flats or townhouses could be considered.
• Rental Investment: Build‑to‑let units in a high‑demand residential area.
• Land Banking: Hold for appreciation in a growing corridor.

Location Benefits -- Oceanbay Estate, Orchid Road

• Secure & Serene: Gated estate with 24/7 security and a peaceful environment.
• Proximity to Amenities: Close to schools, shopping centres, hospitals, and leisure spots along Orchid Road and the Lekki‑Epe Expressway.
• Excellent Connectivity: Easy access to Ajah, Lekki Phase 1, Victoria Island, and Ikoyi.
• High Demand Area: Orchid Road and its estates continue to attract families and professionals, ensuring strong resale and rental value.
• Future Appreciation: Ongoing infrastructure improvements in the corridor support long‑term capital growth.

Investment Value

• Asking Price: ₦280 Million (slightly negotiable).
• Price per SQM: ≈ ₦454,545.
• Title Security: C of O provides confidence for financing, resale, and development.
• Upside Potential: Build and hold for appreciation, develop for rental income, or resell as a prime residential plot.
• Estate Premium: Gated community living adds significant value and appeal.
• Negotiation Room: "Slightly negotiable" indicates potential for a favourable deal for a serious buyer.

Sale Opportunity A solid opportunity to acquire a titled 616 SQM residential plot in a well‑located estate on Orchid Road at a competitive price. Ideal for a homeowner, developer, or investor seeking a prime location with strong growth prospects. Ideal For:

• High‑net‑worth individuals and families.
• Real estate developers.
• Long‑term land investors.
• First‑time estate land buyers.

Next Steps:

• Site Inspection.
• Title Verification (C of O at the Lagos State Lands Bureau).
• Purchase Negotiation.
• Immediate Closing.

Oceanbay Estate, Orchid Road + 616 SQM Residential Plot + C of O + ₦280M Slightly Negotiable -- a ready foundation for your residential vision. Serious inquiries only -- direct mandate.