₦350,000,000
Residential land for sale
800 SQM Royal Gardens, Ajah, Lekki Peninsula, Lagos
Distress Sale -- Prime Land in Royal Gardens, Ajah, Lekki Peninsula 800 SQM Table Dry Land Global C of O & Deed of Sublease ₦300 Million (Formerly ₦350M) Slightly Negotiable --- Property Overview - Location: Royal Gardens, Ajah, Lekki Peninsula, Lagos. - Land Size: 800 SQM. - Condition: Table dry land, ripe for immediate development. - Title: Global Certificate of Occupity + Deed of Sublease (standard estate title for premium developments). - Original Price: ₦350 Million. - Distress Price: ₦300,000,000 (slightly negotiable). - Price per SQM: ₦375,000 (based on distress price). - Status: Direct mandate, vacant, titled, and ready to build. --- Key Highlights - Genuine Distress Sale: Owner needs urgent funds -- price reduced from ₦350M to ₦300M (≈14% discount) with room for slight negotiation. - Limited Time Offer: Advertised as lasting only a few days -- ideal for investors ready to move quickly. - Prime Estate Location: Royal Gardens, Ajah is a well‑planned, secure residential estate on the Lekki Peninsula, known for good roads, drainage, and serene living. - Strong Estate Title: Global C of O + Deed of Sublease provides solid ownership rights within a managed estate. - Development‑Ready Land: Table dry topography means no costly sand‑filling or major site preparation -- start building immediately. - Fast Turnaround Potential: "Buy, build, and sell fast" -- suitable for developers targeting the mid‑to‑high end market in Ajah. --- ️ Development Potential - Luxury detached villa or duplex with BQ. - Two semi‑detached homes (optimizing land use). - Boutique apartment block (e.g., 6--8 units) -- subject to estate approvals. - Corporate guest house or executive rental property. --- Location Benefits - Royal Gardens, Ajah: A prestigious, gated community off the Lekki‑Epe Expressway, close to Abraham Adesanya, Awoyaya, and Sangotedo. - Excellent Connectivity: Quick access to the expressway, Ajah market, schools, hospitals, and emerging commercial hubs. - Secure Environment: 24/7 estate security, well‑maintained roads, and organized layout. - High Demand Area: Growing population of professionals, expatriates, and families seeking quality estate living. --- Investment Value - Distress Entry Price: ₦300M for 800 SQM (≈₦375k/SQM) is highly competitive for a titled, dry plot in a quality estate within the Lekki Peninsula. - Market Context: Comparable plots in similar Ajah estates often range from ₦400k--₦600k per SQM. This distress offer provides immediate equity. - Flip Opportunity: Purchase, build a standard luxury home or duplex, and resell quickly -- the owner's urgency can be your advantage. - Long‑term Hold: Royal Gardens values are appreciating steadily as Ajah develops. --- Sale Opportunity This is a direct mandate distress sale with a motivated owner. Ideal for developers, investors, or individuals looking to secure a premium estate plot below market value. Ideal For: - Real estate developers seeking a quick build‑to‑sell project. - Investors with ready funds looking for a bargain. - Families wanting a secure estate home at a reduced land cost. - Land banking with immediate development optionality. Key Selling Points: - Price slashed from ₦350M to ₦300M (owner needs urgent cash). - Slightly negotiable -- room for a quick, clean deal. - Direct mandate -- no middleman confusion. - Dry land -- no extra filling cost. - Global C of O -- clear title. Distress pricing + prime estate + dry land = exceptional value. Act fast -- this offer won't last. Serious buyers only. Slightly negotiable -- bring your client and let's deal.