34,000 SQM Residential Land

Property Details Location: Eko Atlantic City, Victoria Island, Lagos Property Type: Land Available Plot Size: 34,000 SQM Price: US$2,500 per SQM Estimated Total Asking Price: US$85 Million Transaction: Sale Use: Residential, Commercial or Mixed-Use Development Title / Documentation: Available for Verification Additional Plot Sizes: May be available upon request Zahari View A substantial 34,000 SQM landholding in Eko Atlantic City, Victoria Island, positioned for consideration by developers, institutional investors and organisations seeking a large-scale development opportunity within one of Lagos's major planned urban districts. At the stated price of US$2,500 per SQM, the 34,000 SQM parcel represents an asking price of approximately US$85 Million, subject to confirmation of the exact plot, pricing and transaction terms. The scale of this landholding makes it materially different from smaller individual development plots. The appropriate assessment should therefore go beyond land size and asking price to examine the exact location within Eko Atlantic City, designated land use, development controls, infrastructure requirements, documentation and the proposed development scheme. Property Highlights 34,000 SQM substantial landholding Located in Eko Atlantic City, Victoria Island, Lagos Asking price: US$2,500 per SQM Approximate total asking price: US$85 Million Suitable for residential development Suitable for commercial development Suitable for mixed-use development Large-scale development opportunity Additional plot sizes may be available upon request Documentation available for verification Why This Property Deserves Attention The defining feature of this opportunity is scale. A 34,000 SQM site provides considerably more development area than a conventional residential plot and may be relevant to developers considering substantial residential, commercial or mixed-use schemes. The location within Eko Atlantic City is another important consideration. For an acquisition of this size, prospective buyers should assess the specific position of the parcel within the development, its surrounding infrastructure and the relationship between the proposed project and the wider master-planned environment. The exact plot location is particularly important because land within a large development can have different planning parameters, designated uses and development controls depending on its specific position. Development & Investment Perspective A large landholding of this nature should be approached from a master-development perspective. Potential development concepts could include residential schemes, commercial projects or mixed-use developments, depending on the designated use and applicable approvals for the specific parcel. For institutional investors and major developers, the size of the land may provide room to consider a more comprehensive development strategy rather than a single-building project. However, prospective buyers should not assume that every proposed use or development density is automatically permitted. The feasibility of any project should be established through appropriate planning, architectural, engineering, legal and financial assessments. Investor / Developer Note Before proceeding with an acquisition of this scale, serious buyers should conduct comprehensive due diligence covering: Exact plot identification and location Title and ownership verification Designated land use Applicable development controls Permitted development density Building height and planning parameters Infrastructure and utility requirements Access and road network Development and service charges, where applicable Site dimensions and survey information Existing obligations or encumbrances Development feasibility and projected project economics The us$2,500/sqm pricing should also be confirmed against the exact parcel selected, particularly if additional plot sizes are available. Documentation Title / Documentation: Available for Verification Prospective buyers should conduct independent legal and professional verification of the documentation relating specifically to the selected parcel before making any financial commitment. For a transaction of this magnitude, buyers may wish to engage qualified legal, surveying, planning, architectural and financial professionals to independently assess the opportunity. Property Intelligence Beyond the Listing At Zahari Properties, we believe large property acquisitions require more than simply identifying available land. For a site of 34,000 SQM, understanding the relationship between land size, location, planning controls, designated use and development economics is essential. The right questions are not only "How much land is available?" and "What is the price per square metre?", but also: Where exactly is the parcel? What can legally be developed there? What are the applicable planning parameters? What infrastructure obligations apply? And does the proposed development make commercial sense? These considerations can significantly influence the real value and usability of a large development site. Asking Price US$2,500 per SQM 34,000 SQM × US$2,500 = US$85 Million Final pricing, availability and transaction terms are subject to confirmation. Additional Plot Sizes Additional plot sizes may be available upon request, providing prospective developers with the opportunity to explore land requirements according to their intended project scale. 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. Plot size, exact location, pricing, title, designated land use, development controls, infrastructure obligations and availability should be independently verified for the specific parcel selected before making an offer or completing a transaction.