60,000 SQM Land

A substantial parcel of land measuring 60,000 square metres is available for sale by Nicon Town, Ikate, Lekki, Lagos. Offered at ₦600,000 per square metre, the property is presented with a Certificate of Occupancy (C of O), as stated, and may be worth evaluating by developers, corporate buyers and investors seeking a large landholding in the Lekki area. Property Details Location: By Nicon Town, Ikate, Lekki, Lagos Property Type: Land Land Size: 60,000 SQM Price per SQM: ₦600,000 Total Asking Price: ₦36,000,000,000 (₦36 Billion) Title: Certificate of Occupancy (C of O), as stated Transaction: For Sale Zahari View With a land area of 60,000 SQM, this property presents a sizeable acquisition opportunity for buyers considering land investments within the Ikate--Lekki corridor. Its location by Nicon Town may attract the attention of property developers and investors looking to assess a large parcel for a proposed project, subject to verification of access, boundaries, permitted use and planning requirements. At the stated rate of ₦600,000 per square metre, the indicative total asking price is ₦36 billion. Given the scale of the transaction, prospective buyers should assess the property's legal status, physical characteristics, infrastructure requirements and commercial feasibility before making a commitment. Any proposed residential, commercial, mixed-use or other development must be consistent with the property's approved land use and relevant planning regulations. Property Highlights Large landholding measuring 60,000 SQM Located by Nicon Town, Ikate, Lekki, Lagos Asking price of ₦600,000 per SQM Indicative total price of ₦36 billion C of O stated as the title document May interest developers, institutional investors and corporate land buyers Development potential subject to due diligence and regulatory approvals Why This Property Deserves Attention For property developers: The size of the land may provide an opportunity to evaluate a large-scale development proposal. Feasibility will depend on permitted land use, planning approvals, site conditions, infrastructure and the intended project. For investors: The parcel may merit consideration by buyers seeking a substantial land acquisition in the Lekki property market. A sound investment decision should be supported by verified comparable transactions, professional valuation, acquisition costs and a clear investment strategy. Buyer's Perspective: What to Verify Before proceeding, prospective buyers should: Verify the C of O, ownership and the seller's legal authority to sell. Confirm the survey plan, coordinates, boundaries and stated land area. Check for encumbrances, easements, disputes or third-party interests. Establish the permitted land use and applicable planning restrictions. Commission appropriate site, drainage, topographical and environmental assessments. Assess access roads, infrastructure availability and site preparation costs. Obtain independent legal and valuation advice before negotiating final terms. Investor Note At the stated rate of ₦600,000 per SQM, the indicative price calculation is: 60,000 SQM × ₦600,000 = ₦36,000,000,000 (₦36 billion). This amount excludes any applicable legal fees, taxes, agency fees, survey expenses, due-diligence costs and other transaction or development expenses. Confirm the final asking 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: The property details, land size, price and title information are based on information supplied for this listing and have not been independently verified. Buyers should engage qualified legal and property professionals to verify ownership, title, survey details, boundaries, permitted land use and planning status before committing funds.