705 SQM Prime Residential Land

Distressed sale of the month -- Prime Land For Sale in Royal Garden Estate, Ajah, Lagos 705 SQM C of O Title ₦330 Million Net Net ≈ ₦468,085 per SQM Property Overview

• Location: Royal Garden Estate, Ajah, Lagos.
• Land Size: 705 SQM.
• Title: Certificate of Occupancy (C of O).
• Asking Price: ₦330,000,000 (Net Net).
• Price per SQM: ≈ ₦468,085.
• Status: Newly out this morning. Highest Distressed Sale -- highly motivated seller, priced for an immediate, clean close.

Key Highlights

• Massive Distress Advantage: Priced significantly below market value for the area. At ~₦468k per SQM, this offers immediate equity and a rare bargain for a prime estate plot.
• "Net Net" Pricing: The price is quoted as "Net Net," meaning it is the absolute final figure with no hidden agency fees, legal fees, or extra charges (buyer to confirm terms, but usually implies a very clean deal).
• Strong C of O Title: Full government-issued Certificate of Occupancy guarantees absolute legal security, bankability, and a smooth transfer process.
• Slightly Larger Footprint: At 705 SQM, this plot is slightly larger than the standard 600-660 SQM plots, offering extra space for a larger compound, pool, or extended parking.
• Secure Estate Environment: Royal Garden Estate is a well-planned, gated community known for its good road network, drainage, and 24/7 security.

Development Potential

• Luxury Detached Villa: Ample space for a custom-designed 5-bedroom smart home with a pool, garden, and BQ.
• Modern Duplex: A spacious family duplex with generous parking.
• Semi-Detached Homes: Subject to estate guidelines, an excellent plot for twin semi-detached units.
• Investment Build: Construct a high-yield rental property targeting professionals and expatriates in the Ajah corridor.

Location Benefits -- Royal Garden Estate, Ajah

• Strategic Connectivity: Easy access to the Lekki-Epe Expressway, linking you seamlessly to Lekki Phase 1, Victoria Island, Ikoyi, and the Lekki Free Zone.
• Proximity to Amenities: Close to top schools, hospitals, shopping centres (like Novare Mall), and leisure spots.
• Gated & Secure: Enjoy peace of mind with controlled access and estate security.
• Future Appreciation: Ongoing infrastructure improvements and population growth in Ajah continue to drive strong property value appreciation.

Investment Value

• Asking Price: ₦330 Million.
• Market Context: With previous listings in this estate ranging from ₦340M to ₦360M for 660 SQM, this 705 SQM plot at ₦330M is an exceptional bargain that will likely not last the week.
• Upside Potential: Flip for immediate profit, build and hold for long-term appreciation, or develop a rental property for strong roi.
• Title Security: The C of O removes acquisition risks and provides confidence for financing.

Sale Opportunity A highly urgent, deep-value opportunity to acquire a titled plot in a prestigious Ajah estate. Ideal for an investor looking for a quick turnaround or a homebuilder ready to break ground. Ideal For:

• Bargain Hunters & Distressed Property Investors.
• Individual Home Builders.
• Small-scale Real Estate Developers.

Next Steps:

• Immediate Site Inspection.
• Title Verification (C of O at the Lagos State Lands Bureau).
• Proof of Funds & Purchase Negotiation.
• Immediate Closing (Speed is of the essence here).

Royal Garden Estate, Ajah + 705 SQM + C of O + ₦330M Net Net (Distressed) -- a rare, high-value bargain that will close fast. Serious inquiries only -- ready buyers should act immediately.