800 SQM Waterfront Land

Property Details Location: Lekki Phase 1, by Orange Island, Lagos Estate: Long Island Estate Property Type: Waterfront Land Land Size: 800 SQM Price: ₦450,000 per SQM Total Asking Price: ₦360 Million Transaction: Sale Documentation: Federal C of O, niwa, Dredging, eia, laswa & nesrea Approvals Status: Reclamation in Progress Lagos C of O: In Process Zahari View Long Island Estate presents an off-plan waterfront land opportunity within the Lekki Phase 1 corridor, by Orange Island, offering an 800 SQM plot for buyers considering future waterfront development. At the stated price of ₦450,000 per SQM, the 800 SQM parcel has an indicative total asking price of ₦360 Million. The investment case should be assessed around the project's reclamation progress, documentation, infrastructure delivery and the buyer's intended development timeline. Because reclamation is currently in progress and the Lagos C of O is stated to be in process, prospective buyers should carry out independent verification of the property's documentation, approvals, physical development status and expected infrastructure delivery before committing funds. Property Highlights 800 SQM waterfront land Located in Lekki Phase 1, by Orange Island Situated within Long Island Estate Off-plan waterfront development opportunity Asking price: ₦450,000 per SQM Indicative total price: ₦360 Million Reclamation currently in progress Federal C of O stated Niwa documentation/approval stated Dredging documentation/approval stated Eia documentation/approval stated Laswa approval stated Nesrea approval stated Lagos C of O stated to be in process Why This Property Deserves Attention The 800 SQM plot size provides a substantial landholding for buyers considering a future waterfront development within the Lekki corridor. The property is being offered as an off-plan opportunity, which means the current stage of reclamation and infrastructure development is an important part of the purchasing decision. Rather than assessing the opportunity solely on the current price per square metre, prospective buyers should examine the project's development timeline, reclamation progress, documentation and infrastructure plans. The 800 SQM size may provide flexibility for a future development concept, but the actual permissible development should be determined only after confirming the applicable planning and development controls. Waterfront Development Perspective Waterfront land requires additional attention to reclamation, environmental and regulatory considerations. Prospective buyers should seek clear information regarding: Current reclamation progress Expected completion timeline Land formation and ground conditions Road construction Drainage infrastructure Power and utility provision Estate infrastructure Access arrangements Allocation process Development timeline Applicable planning and environmental requirements Understanding these factors can help a buyer determine whether the project's current stage aligns with their intended development timeline. Investor / Buyer Note Before proceeding with the acquisition, serious buyers should independently verify: The stated Federal C of O Current status of the Lagos C of O Niwa documentation Dredging documentation and approvals Eia documentation Laswa approval Nesrea approval Exact plot identification and survey Current reclamation status Environmental and waterfront requirements Infrastructure delivery obligations Allocation documentation Applicable development restrictions Professional legal, surveying, planning and environmental advice should be considered before committing substantial funds. Documentation Stated Documentation: Federal C of O, niwa, Dredging, eia, laswa & nesrea Approvals. Lagos C of O: In Process. All documentation should be independently reviewed and verified by the prospective buyer and their appointed professionals before completing a transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe waterfront land should be evaluated beyond the headline price. For an off-plan development such as Long Island Estate, the relationship between reclamation, documentation, infrastructure and delivery timelines is central to understanding the opportunity. The stated price of ₦450,000 per SQM provides a basis for evaluating the acquisition, but buyers should also understand the development stage, associated obligations and expected timeline before making a decision. Asking Price ₦450,000 per SQM 800 SQM × ₦450,000 = ₦360 Million Final availability, pricing and transaction terms should be confirmed. For Enquiries & Inspections Call / WhatsApp: +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. Plot size, pricing, title, approvals, reclamation progress, infrastructure delivery, development timeline and documentation should be independently verified by the prospective buyer and their appointed professionals before making any payment, offer or completing a transaction.