2.5 Hectares Residential Land

A substantial 2.5-hectare parcel of land is available for quick sale in Ikate, Lekki, Lagos, at an asking price of ₦450,000 per square metre. With a Certificate of Occupancy (C of O) stated as the title, this property may interest developers, corporate buyers and investors seeking a sizeable landholding in the Lekki property market. Property Details Location: Ikate, Lekki, Lagos Property Type: Land Land Size: 2.5 Hectares (25,000 SQM) Price per SQM: ₦450,000 Total Asking Price: ₦11,250,000,000 (₦11.25 Billion) Title: Certificate of Occupancy (C of O), as stated Transaction: For Sale --- Quick Sale Zahari View This 2.5-hectare land parcel in Ikate, Lekki, presents an opportunity for buyers evaluating large-scale land acquisitions within the Lekki property market. Its substantial size may be relevant to developers and investors considering a project that requires a sizeable site, subject to verification of the exact location, land boundaries, permitted use and applicable planning requirements. At the stated rate of ₦450,000 per square metre, the indicative total asking price is ₦11.25 billion. The quick-sale status may be relevant to buyers who are ready to conduct due diligence and assess the transaction promptly. However, the asking price, title, ownership, site conditions and development feasibility should be independently verified before negotiations are concluded. Property Highlights Land area: 2.5 hectares (25,000 SQM) Location: Ikate, Lekki, Lagos Price: ₦450,000 per SQM Indicative total asking price: ₦11.25 billion Title: C of O, as stated Sale status: Quick Sale Potential buyer profile: Property developers, corporate buyers and land investors Development considerations: Subject to permitted land use, planning requirements and professional due diligence Why This Property Deserves Attention For property developers: The 25,000 SQM land area may provide a substantial footprint for evaluating a development proposal. The suitability of the site will depend on planning regulations, approved land use, access, infrastructure and the intended project. For investors: The stated price per square metre provides a basis for comparing the property with other land offerings in Ikate and surrounding Lekki locations. A proper investment assessment should consider verified comparable transactions, acquisition costs, market conditions and the intended holding period. Buyer's Perspective: What to Verify Before proceeding with the purchase, prospective buyers should: Verify the C of O, ownership and the seller's authority to sell. Confirm the survey plan, coordinates, boundaries and total land area. Conduct searches to identify encumbrances, disputes or third-party interests. Verify the permitted land use and applicable planning restrictions. Assess road access, drainage, site conditions and infrastructure availability. Obtain an independent valuation and review comparable transactions. Confirm the final asking price, payment terms and transaction costs. Investor / Buyer Note Based on the supplied details, the price calculation is: 2.5 hectares = 25,000 SQM 25,000 SQM × ₦450,000 = ₦11,250,000,000 (₦11.25 billion). This is the indicative total asking price before applicable legal fees, taxes, agency fees, survey costs and other transaction expenses. Buyers should confirm the final price and terms directly with the seller. 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 information, price, land size and title details are based on information supplied for this listing and have not been independently verified. Prospective buyers should conduct independent legal, survey and planning due diligence before making payment or entering into a transaction.