Notice: *direct buyer communication only* (no agents- no mandates)
listing title:
prime 7,700 sqm land ---
rumens road, ikoyi ---
state c of o
asking: ₦4,500,000 per sqm (₦34.65b)
overview:
outstanding opportunity to acquire a substantial 7,700 sqm land parcel on rumens road, ikoyi. the site is fully fenced and offered with a state certificate of occupancy (c of o), making it an excellent trophy asset for institutional investors, developers, embassies or high‑net‑worth buyers seeking a landmark development or long‑term land bank in one of lagos island's most coveted corridors.
key details
- property type: vacant land (prime development parcel)
- size: 7,700 sqm
- location: rumens road, ikoyi, lagos
- title: state certificate of occupancy (state c of o)
- condition: fully fenced --- ready for site mobilisation
- asking price: ₦4,500,000 per sqm
- indicative total asking price: ₦34,650,000,000
- photos, survey plan and title documents: available on request to verified/serious buyers
location & strategic advantages
- situated on rumens road --- close to key ikoyi micro‑locations (probyn, bourdillon, kingsway) and with excellent connectivity to victoria island and other business districts
- large, contiguous parcel --- rare in ikoyi and suitable for flagship projects with high scarcity value
- fully fenced site reduces immediate site preparation cost and improves security for development activities
- state c of o provides a robust title basis for transfer and development (buyers still advised to verify particulars)
potential uses & development opportunities
- ultra‑luxury private estate, cluster of mansions or high‑end villas
- serviced apartments, luxury condominium or boutique residential development
- embassy/consular compound, corporate headquarters or institutional use
- mixed‑use scheme combining residential, retail and office (subject to planning approvals)
- parceling/phased sale or jv development --- flexible options depending on buyer requirements and approvals
investment highlights
- large landholding in ikoyi: strong long‑term capital appreciation and rental upside for developed product
- ready site (fenced) accelerates mobilisation and initial site works
- attractive for owner‑occupiers, developers and institutional investors seeking prestige and strategic location
title, documents & transfer
- title: state certificate of occupancy (state c of o) --- originals available for inspection by serious buyers
- seller can provide survey plan, title documentation and any allocation/consent papers on request
- buyers should verify c of o particulars, chain of ownership and any conditions attached to the title
price, terms & additional costs
- asking price per sqm: ₦4,500,000
- indicative total price: ₦34,650,000,000
- price may be negotiable depending on payment terms, proof of funds and purchaser qualification
- buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, professional fees) unless otherwise agreed
- seller open to discuss structured payment terms, parceling or joint‑venture (jv) options with qualified buyers
viewing & next steps
- site inspections and document review available by appointment for serious/qualified buyers
- photo gallery, survey plan and copies of title documents provided to verified purchasers on request
- virtual/video tour can be arranged for remote investors
- recommended next steps: request documents, schedule an on‑site inspection and instruct legal/title search and technical surveys
contact: mr. kola adesina (edba)
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
*please feel free to browse our other featured properties*
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