3,090 SQM Residential Land

Property Details Location: Lekki Phase 1, Lagos Property Type: Land Land Size: 3,090 SQM Asking Price: ₦2.5 Million per SQM Estimated Total Price: ₦7.725 Billion Transaction: Sale Title: Certificate of Occupancy (C of O) stated Zahari View This 3,090 SQM parcel of land in Lekki Phase 1, Lagos, is available for buyers, developers and investors evaluating a sizeable land acquisition in the area. With a stated asking rate of ₦2.5 million per square metre, the property has an indicative total price of ₦7.725 billion. The land area may accommodate a substantial development project, subject to the exact plot configuration, permitted land use, applicable planning regulations and development approvals. The property's suitability for residential, commercial or mixed-use development has not been specified and should be confirmed before acquisition. Property Highlights 3,090 SQM land parcel Located in Lekki Phase 1, Lagos Asking price of ₦2.5 million per SQM Estimated total price of ₦7.725 billion Certificate of Occupancy (C of O) stated Potential development opportunity, subject to planning requirements Why This Property Deserves Attention A 3,090 SQM land parcel offers a substantial site area for investors and developers assessing larger-scale property projects in Lekki Phase 1. At this size, site layout, access, building configuration, parking requirements and permissible development density will be important factors in determining its practical value. Before making an acquisition decision, prospective buyers should assess the exact location, plot dimensions, road access and applicable planning controls. These factors, alongside the verified title and asking price, will help establish whether the property is suitable for the intended development. Buyer's Perspective Prospective buyers should independently verify: Original Certificate of Occupancy and root of title Ownership history and authority to sell Survey plan and coordinates Exact plot location, dimensions and boundaries Road access and right of way Permitted land use Applicable building setbacks and development density Building height restrictions and planning approvals Existing encumbrances or third-party interests Infrastructure and drainage conditions Applicable legal, statutory and professional costs Investor / Buyer Note At the stated rate of ₦2.5 million per SQM, the indicative land value is ₦7.725 billion for 3,090 SQM, excluding any additional acquisition, legal, statutory or professional costs. The stated Certificate of Occupancy should be independently verified alongside the ownership records, survey details, plot boundaries and any existing encumbrances. The feasibility of the proposed development should also be assessed against the relevant planning requirements before payment or execution of a purchase agreement. 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. Prospective buyers should independently verify availability, title, ownership, survey, boundaries, access, permitted land use, planning requirements and applicable costs with the appropriate professionals and authorities before committing to a purchase.