Commercial Land for Sale in

Property Details Location: Avb Zone VI, Eko Atlantic City, Lagos Property Type: Commercial Land Land Size: 3,336 SQM Transaction: For Sale Asking Price: ₦7,500,000,000 Zahari View This 3,336 SQM parcel of commercial land is available for sale in avb Zone VI, Eko Atlantic City, Lagos, at an asking price of ₦7.5 billion. The scale of the landholding may be relevant to investors, developers or corporate occupiers considering a substantial commercial development within Eko Atlantic City. For a property of this size and value, the assessment should go beyond the acquisition price. Allowable development parameters, permitted commercial use, development density, building height, infrastructure obligations, project costs and the intended positioning of the development within the wider Eko Atlantic market are important factors to establish before proceeding. Property Highlights 3,336 SQM commercial landholding. Located in avb Zone VI, Eko Atlantic City. Asking price of ₦7.5 billion. Substantial development site. Suitable for consideration of a significant commercial development, subject to applicable planning and development controls. Relevant to developers, investors and corporate property users assessing larger commercial opportunities. Why This Property Deserves Attention A 3,336 SQM landholding provides a sizeable development footprint within Eko Atlantic City. The commercial potential of the site, however, will depend on the specific development parameters applicable to the plot and the proposed use. For developers, understanding the permitted gross floor area, building height, site coverage, parking requirements, infrastructure obligations and other applicable controls will be essential to determining the project's feasibility. The asking price should also be assessed against the anticipated development cost and the commercial demand for the proposed end product. Buyer's Perspective Before proceeding with the acquisition, prospective buyers should verify: Exact plot size and dimensions. Survey and plot documentation. Ownership and title documentation. Exact position within avb Zone VI. Permitted commercial use. Applicable Eko Atlantic development guidelines. Allowable building height and density. Site coverage and setbacks. Parking requirements. Access and infrastructure. Utility availability. Infrastructure and estate-related charges. Development approval requirements. Applicable construction obligations. Any restrictions, covenants or conditions affecting the plot. Investment Perspective At an asking price of ₦7.5 billion, the acquisition represents a substantial capital commitment and should be evaluated as part of a complete project feasibility assessment. A developer should consider the land acquisition cost alongside construction costs, professional fees, financing costs, infrastructure contributions, statutory charges, marketing expenses and other project-related expenditure. The commercial case should also consider the intended development type, achievable occupancy or sales levels, prevailing market conditions, operating costs and the anticipated development timeline. Potential investment returns should not be assumed without detailed financial modelling and appropriate market analysis. Investor / Buyer Note For a commercial development site of this scale, the development potential should be established before the acquisition decision is made. Prospective buyers should obtain professional confirmation of the applicable planning parameters and understand how these parameters translate into the project's actual development capacity. A legal title review, technical assessment, planning review and financial feasibility study are recommended before committing to the transaction. Documentation Prospective buyers should request and independently verify: Title documentation. Survey and plot documents. Evidence of ownership. Deed of Assignment or applicable transfer documentation. Eko Atlantic development guidelines. Applicable planning and development requirements. Infrastructure and estate-related obligations. Applicable statutory charges. Any restrictions, covenants or conditions attached to the property. Property Intelligence Beyond the Listing For a commercial site in Eko Atlantic City, the most important question is not simply the size of the land but what commercial development can realistically and legally be delivered on it. The 3,336 SQM site should be assessed against its permitted development density, building height, floor-area potential, parking requirements, infrastructure obligations and intended commercial use. The proposed development should then be tested against construction costs, market demand, financing requirements and the expected timeline from acquisition to completion and occupancy. This approach provides a more meaningful basis for assessing the commercial viability of the land than the acquisition price alone. Asking Price ₦7,500,000,000 For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information contained in this listing is based on the details provided and should be independently verified. Prospective buyers should confirm the land size, boundaries, ownership, title, exact plot location, permitted use, development parameters, infrastructure obligations, applicable fees and all transaction terms before proceeding with the purchase.