Commercial land for sale
Prime 4600 SQM Land
An exceptional development opportunity in one of Ikoyi's most prestigious locations, offering prime land in Ikoyi, Lagos. With a premium location, secure title documentation, and a valid building approval, the property is well suited for high-end residential development and strategic real estate investment. Property Details Property Type Prime Development Land Location Ikoyi, Lagos Total Land Size 4,600 SQM Land Price ₦4,500,000 Per SQM Title Federal Certificate of Occupancy, Converted to Governor's Consent Approval Valid Building Approval Purchase Options The land is available for purchase in multiples of 500sqm, subject to a minimum acquisition of 1,000sqm. 1,000 SQM --- ₦4.5 Billion 1,500 SQM --- ₦6.75 Billion 2,000 SQM --- ₦9 Billion Existing Residential Development Option An alternative opportunity is available comprising 5 units of fully detached 5-bedroom duplexes, each sitting on approximately 400sqm of land. Residential Development Details 5 Fully Detached 5-Bedroom Duplexes Each unit sits on approximately 400sqm Land size: 2,600 SQM Asking Price: ₦14 Billion Total Landholding 4,600 SQM Property Highlights Prime Turnbull Road / Onikoyi location Prestigious Ikoyi neighbourhood Flexible acquisition options Minimum purchase of 1,000sqm Secure title documentation Federal C of O converted to Governor's Consent Valid Building Approval Excellent development potential Suitable for luxury residential projects Investment Highlights Located within one of Ikoyi's most exclusive residential corridors Ideal for Luxury Developers, HNIs, Institutional Investors, and Strategic Land Buyers Flexible plot acquisition structure Existing building approval provides a valuable development advantage Strong potential for capital appreciation Suitable for premium residential development, subject to applicable planning requirements This is a rare opportunity to secure prime development land in Onikoyi, Ikoyi, with flexible acquisition options and approved development potential in one of Lagos' most coveted luxury real estate markets. Asking Price ₦4,500,000 Per SQM Total Land Value: ₦9 Billion for 2,000 SQM Alternative: 5 Fully Detached 5-Bedroom Duplexes on 2,600 SQM --- ₦14 Billion