Prime Residential Land, C of O Title

Prime Land For Sale in Lekki Peninsula Scheme 1 (Lekki Phase 1), Lagos 620.85 SQM C of O Title Backing the Expressway with Good Setback ₦1.2 Billion ≈ ₦1.93 Million per SQM Property Overview

• Location: Block 139, QMB Mart Road, Lekki Peninsula Scheme 1 (Lekki Phase 1), Lagos.
• Land Size: 620.85 SQM.
• Key Feature: Backing the expressway with a good setback.
• Title: Certificate of Occupancy (C of O).
• Asking Price: ₦1,200,000,000.
• Price per SQM: ≈ ₦1,933,000.
• Status: Vacant, fully titled land, ready for immediate development.

Key Highlights

• Prime Lekki Phase 1 Address: QMB Mart Road is a highly desirable, well-developed location in Scheme 1, offering prestige and proximity to key hubs.
• Strong C of O Title: Full government-issued Certificate of Occupancy guarantees legal security, bankability, and a smooth transfer.
• Excellent Accessibility: Backing the expressway with a good setback offers the perfect balance of easy connectivity and reduced noise/pollution.
• Optimal Size: At 620.85 SQM, the land is perfectly sized for a luxury detached home, a duplex, or a boutique residential development.
• High Rental & Resale Demand: Lekki Phase 1 consistently attracts high-net-worth tenants and buyers, ensuring strong capital appreciation.

Development Potential

• Luxury Detached Villa: A custom-designed home with a pool, garden, and BQ.
• Modern Duplex: A spacious family home with ample parking.
• Boutique Apartment Block: 4-6 high-spec flats (subject to local density regulations).
• Corporate Guest House: An executive retreat or premium short-let property.

Location Benefits -- Lekki Scheme 1

• Strategic Connectivity: Direct access to the Lekki-Epe Expressway, linking you seamlessly to Victoria Island, Ikoyi, Ajah, and the Lekki Free Zone.
• Established Neighborhood: Surrounded by luxury homes, estates, banks, and commercial hubs.
• Proximity to Amenities: Close to top schools, hospitals, shopping centres (like Novare Mall), and leisure spots.
• Secure Environment: 24/7 security presence and well-maintained infrastructure.

Investment Value

• Asking Price: ₦1.2 Billion.
• Price per SQM: ≈ ₦1.93 Million.
• Market Context: For a titled (C of O) plot in Lekki Scheme 1, this is a highly competitive price point, especially considering the "expressway backing" premium and strong setback.
• Upside Potential: Build and hold for long-term appreciation, or develop a premium property for high-yield resale or rental income.
• Title Security: The C of O ensures a low-risk transaction and facilitates financing if needed.

Sale Opportunity A rare opportunity to acquire a well-positioned, fully titled plot in the heart of Lekki Phase 1. Ideal for a discerning homeowner or a developer seeking a prime location with strong growth prospects. Ideal For:

• Luxury Home Builders.
• Real Estate Developers.
• High-Net-Worth Individuals.
• Corporate Investors.

Next Steps:

• Site Inspection (to verify the setback and boundaries).
• Title Verification (C of O at the Lagos State Lands Bureau).
• Purchase Negotiation.
• Immediate Closing.

Lekki Scheme 1 + 620.85 SQM + C of O + Expressway Backing + ₦1.2B -- a secure and highly strategic land investment. Serious inquiries only.