Residential land for sale
1,400 SQM Cornerpiece Land
Property Details Location: SPG Bus Stop, approximately 30 metres off Lekki-Epe Expressway, Lagos Property Type: Cornerpiece Land Land Size: 1,400 SQM Price: ₦1.7 Billion Net Transaction: Sale Title: Lagos State Certificate of Occupancy (C of O) Zahari View This 1,400 SQM cornerpiece land at SPG Bus Stop, approximately 30 metres off the Lekki-Epe Expressway, presents a sizeable development site positioned close to one of the area's major transport corridors. The property's corner configuration and proximity to the expressway may be relevant to buyers assessing different development possibilities. However, the practical use of the site will depend on the applicable land-use designation, planning requirements and development approvals. For prospective buyers, particular attention should be given to the exact site boundaries, road access, setbacks, drainage, permitted land use and applicable planning parameters before acquisition. Property Highlights 1,400 SQM land size Cornerpiece plot Located at SPG Bus Stop Approximately 30 metres off Lekki-Epe Expressway Close to a major transport corridor Lagos State C of O Potential for development, subject to planning requirements Asking price: ₦1.7 Billion Net Why This Property Deserves Attention The property's 1,400 SQM size provides a substantial development footprint, while its corner position may offer additional considerations in relation to access, site visibility and layout planning. Its proximity to the Lekki-Epe Expressway is another factor for buyers to examine, particularly when considering accessibility and the relationship between the site and surrounding development. However, proximity to a major road does not by itself determine the property's permitted use or development potential. Buyers should establish the applicable planning parameters before committing to a particular development concept. Buyer's Perspective Before purchasing, prospective buyers should request detailed information about: Exact plot boundaries and dimensions Survey plan Corner access points Road frontage Permitted land use Setback requirements Building height and density restrictions Drainage requirements Existing infrastructure Access from surrounding roads Applicable planning approvals Environmental considerations Title and ownership documentation Any existing restrictions or encumbrances These factors can help establish how the site can practically and legally be developed. Investment Perspective For an investment-focused purchaser, the assessment should consider the ₦1.7 billion net acquisition price, site size, location, access, permitted development use, construction economics and the intended development or holding strategy. The property's corner configuration and proximity to the Lekki-Epe Expressway may be relevant to the buyer's development concept, but the actual commercial or residential potential should be determined through verified planning and technical information. Investors should therefore model the opportunity based on the development that can realistically and legally be achieved on the site. Investor / Buyer Note Serious buyers should conduct independent due diligence covering: Verification of the Lagos State C of O Ownership verification Survey plan and exact boundaries Physical inspection of the site Confirmation of corner configuration Road frontage and access Permitted land use Development density Setback requirements Building height limitations Drainage and stormwater considerations Utility infrastructure Environmental requirements Existing encumbrances Applicable planning approvals Feasibility of the proposed development a professional survey, planning assessment and legal review are strongly recommended before proceeding with the acquisition. Documentation The stated Lagos State Certificate of Occupancy (C of O) should be made available for independent verification by serious prospective buyers. Buyers should engage appropriate legal, surveying and planning professionals to verify the title, boundaries, access arrangements and development parameters before completing the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe a sizeable landholding should be evaluated based on both its physical characteristics and what can legally and practically be developed on it. For this 1,400 SQM cornerpiece near the Lekki-Epe Expressway, the corner configuration, road access, site boundaries and proximity to the transport corridor are important considerations. However, these characteristics should be assessed alongside land-use requirements, setbacks, planning controls, drainage and development approvals. During inspection, buyers should therefore evaluate the site from both a technical and planning perspective before deciding whether it aligns with their intended development or investment strategy. Asking Price ₦1.7 Billion Net For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information is based on details provided at the time of listing. Land size, title, ownership, boundaries, road access, permitted land use, development parameters, planning requirements and other property information should be independently verified by the prospective buyer before making an offer or completing a transaction.
