Residential land for sale
720 SQM Ikeja GRA, Lagos (Off Joel Ogunnaike) .
Prime Land For Sale in Ikeja GRA, Lagos 720 SQM Governor's Consent Title ₦1.5 Billion ≈ ₦2,083,333 per SQM Property Overview - Location: Ikeja GRA, Lagos (off Joel Ogunnaike). - Land Size: 720 SQM. - Title: Governor's Consent. - Asking Price: ₦1,500,000,000. - Price per SQM: ≈ ₦2,083,333. - Status: Vacant land in a prestigious, central location -- ready for luxury residential or premium development. Key Highlights - Prestigious Ikeja GRA Address: One of Lagos's most established and high-value government residential areas -- home to top executives, diplomats, and legacy families. - Strong Governor's Consent Title: State-granted title providing legal security, bankability, and smooth transfer. - Prime Off Joel Ogunnaike Location: A serene, tree-lined street with excellent accessibility to the rest of Ikeja GRA and the broader mainland. - Optimal Size for Luxury Home: 720 SQM is ideal for a spacious detached villa, duplex with BQ, or a boutique residential development. - Central Connectivity: Minutes from the Lagos State Secretariat, Murtala Muhammed Airport, and major corporate offices. Development Potential - Luxury Detached Family Home - Modern Duplex with Boys' Quarters - Semi-Detached or Twin Homes (subject to planning) - Corporate Guest House or Executive Residence - High-End Rental Investment Property Location Benefits -- Ikeja GRA, Off Joel Ogunnaike - Central Business & Government Hub: Close to government offices, banks, and corporate headquarters. - Excellent Infrastructure: Well-maintained roads, drainage, security, and public utilities. - Prestige & Privacy: Low-density, secure neighbourhood with mature landscaping. - Proximity to Amenities: Near top schools, hospitals, shopping centres, and leisure spots. - Easy Connectivity: Quick access to the Lagos-Ibadan Expressway, Agege Motor Road, and Oba Akran Avenue. Investment Value - Asking Price: ₦1.5 Billion. - Price per SQM: ≈ ₦2,083,333. - Market Context: This pricing reflects the premium nature of Ikeja GRA. For a titled plot in such a central, prestigious location, it is competitive -- especially given the scarcity of vacant land in the area. - Appreciation Potential: Ikeja GRA land values have historically shown resilient, long-term growth due to limited supply and consistent demand. - Development Upside: Build a luxury home or small development -- high rental and resale demand from executives and expatriates. Sale Opportunity a rare opportunity to acquire a titled plot in one of Lagos's most prestigious GRA locations. Ideal for a discerning homeowner or developer seeking a prime address on the mainland. Ideal For: - High-Net-Worth Individuals and Families. - Real Estate Developers (luxury residential). - Corporate Organisations seeking executive housing. - Long-Term Land Investors. Next Steps: - Site Inspection. - Title Verification (Governor's Consent at the Lagos State Lands Bureau). - Purchase Negotiation. - Immediate Closing. Ikeja GRA, off Joel Ogunnaike + 720 SQM + Governor's Consent + ₦1.5B -- a prime mainland address for luxury living. Direct mandate -- serious inquiries only.
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