1,200 SQM Waterfront Land

Property Details Location: Lekki Phase 1, by Orange Island, Lagos Estate: Long Island Estate Property Type: Waterfront Land Land Size: 1,200 SQM Price: ₦450,000 per SQM Total Asking Price: ₦540 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 a substantial 1,200 SQM plot for buyers considering future waterfront development. At the stated price of ₦450,000 per SQM, the 1,200 SQM parcel has an indicative total asking price of ₦540 Million. The investment case should be assessed around the project's reclamation progress, documentation, infrastructure delivery and the buyer's intended development timeline. As reclamation is currently in progress and the Lagos C of O is stated to be in process, prospective buyers should independently verify the documentation, approvals, physical progress and infrastructure delivery plans before committing capital. Property Highlights 1,200 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 asking price: ₦540 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 1,200 SQM land size provides a substantial development parcel for buyers considering a future project within the Lekki waterfront corridor. Long Island is being offered as an off-plan development opportunity, making the current stage of reclamation and infrastructure delivery important considerations for prospective buyers. For a land acquisition of this scale, buyers should look beyond the headline price and evaluate the relationship between the land size, project timeline, reclamation progress, documentation and proposed infrastructure. The larger plot size may provide greater flexibility when considering a future development scheme, although the actual development capacity will depend on the applicable planning requirements and approvals for the specific parcel. Waterfront Development Perspective Waterfront developments require careful consideration of environmental, planning and infrastructure factors. Prospective buyers should seek detailed information regarding: Current reclamation progress Expected reclamation completion timeline Land formation and ground conditions Road construction and access Drainage infrastructure Power and utility provision Estate infrastructure Allocation process Development timeline Applicable planning controls Environmental and waterfront requirements These factors can have a direct bearing on when and how the buyer may eventually develop the property. 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 approvals and documentation Eia documentation Laswa approval Nesrea approval Exact plot identification Survey information and boundaries Current reclamation status Environmental 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 any transaction is concluded. Property Intelligence Beyond the Listing At Zahari Properties, we believe an off-plan waterfront acquisition should be assessed beyond the price per square metre. For Long Island Estate, the key considerations include the current reclamation stage, documentation, infrastructure delivery and the buyer's intended investment or development timeline. The 1,200 SQM option offers a larger development footprint than the smaller plot options, but buyers should establish exactly what can be developed on the selected parcel and what obligations may apply before making a purchase decision. Asking Price ₦450,000 per SQM 1,200 SQM × ₦450,000 = ₦540 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.