Reclamation Of 2540000 Square Meters Of Land
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Property Description
*HOT INVESTMENT OPPORTUNITY --RECLAMATION "RENEWED HOPE ISLAND"*
*Prime Federal Land Reclamation Beside Banana Island, Ikoyi*
A once-in-a-lifetime land banking opportunity is here --- backed by the Federal Government and located just beside the prestigious Banana Island in the Lagos Lagoon. This is Phase 1 of the President Bola Ahmed Tinubu Housing Estate project.
* Project Overview*
* Total Size: 254 Hectares (Federal C of O)
* Phase 1 Unit: 30 Hectares per milestone (8 units total)
* Dredging Volume: 1,800,000 cubic meters per 30 Hectares
* Estimated Cost per Unit: ₦9B (dredging) + ₦2.5B (premium) = ₦11.5B Total
* Timeline: 9 months (using 2 × 20/20 dredgers pumping 4,000 m³/day)
*Exceptional ROI*
On completion, investors receive 30% of reclaimed land (90,000 sqm), valued at ₦90B minimum at ₦1M/sqm --- appreciating further as infrastructure develops.
*Key Advantages*
* Prime waterfront location beside Banana Island
* Federal Government-backed allocation papers
* Title: Federal Certificate of Occupancy
* Massive capital appreciation potential
* Entry Procedure*
1. Letter of Intent (LOI)
2. Site Inspection
3. Company Profile
4. Proof of Funds (POF)
5. POF validation with Project Lawyer at client's bank
6. Document verification at Federal Ministry of Housing, Abuja
7. Payment of ₦2.5B Premium & Contract Award
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For serious investors only --- Act now to secure your stake in Renewed Hope Island!
KeP. ADE 08033439035
Property Details
| Property Ref: 3030797 | Last Updated: 14 Aug 2025 | Market Status: Available |
| Type: Land | Total Area: 2,540,000 sqm | Covered Area: 2,540,000 sqm |
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Michfranco Enterprises. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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71 Community Road Ago Okota, Lagos, Ago, Okota, Lagos, Nigeria
0813 XXXX Show Phone
+2348137964976
Registered 3 years ago
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