Prime 6704sqm Development Land

Property Ref : 3680060

Residential land for sale

Ikoyi, Lagos

₦4,300,000

Features

An exceptional opportunity to acquire a large parcel of development land in Old Ikoyi, one of Lagos' most prestigious residential locations. Measuring approximately 6,704sqm, the property offers substantial development potential and is specifically suited for a proposed residential scheme comprising 24 units of 3-bedroom flats, each with a BQ.

With a competitive asking rate of 4.3 million per sqm and a Lagos State Land Certificate, this property presents a sizeable development opportunity for residential developers and investors seeking a strategic landholding in Ikoyi.

Property Features
Expansive 6,704sqm Land Size
Prime Old Ikoyi Location
Suitable for Residential Development
Proposed 24 Units of 3-Bedroom Flats
Each Unit to Include a Boys' Quarters (BQ)
Lagos State Land Certificate
Suitable for Large-Scale Residential Development
Strategic Location with Strong Accessibility

Development Specification
Proposed Development:
24 Units of 3-Bedroom Flats + BQ

This large land parcel provides developers with the scale required for a substantial residential project while maintaining a premium address within Old Ikoyi.

Title Documentation
Lagos State Land Certificate

Investment Highlights
Prime location in Old Ikoyi
Large development site of over 6,700sqm
Clear development concept already specified
Suitable for a multi-unit residential project
Strong appeal for developers and institutional investors
Opportunity to develop multiple premium residential units within one strategic site

Ideal For
Residential Developers
Property Investors
Real Estate Development Companies
Institutional Investors
High-Net-Worth Investors seeking large development opportunities

Sale Price
4,300,000 Per Sqm

Land Size: 6,704sqm
Indicative Land Value: 28,827,200,000

Development specification: 24 units of 3-bedroom flats, each with BQ.

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